# Safi Silver Corp. Reports Positive First Drill Results from the Addana Project in Morocco

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/safi-silver-corp-reports-positive-first-drill-results-from-the-addana-project-in--5be33924-a480-4204-bff3-9f3a9d50886e

Original source: https://orestocks.com/company/SF.V/press-releases/6885489104790900

Publisher: orestocks

Original announcement: 2026-10-14T21:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-14T21:22:20.034Z

Atlas analysis updated: 2026-10-14T21:22:20.034Z

- Company: Safi Silver Corp.

- Ticker: SF.V

- Exchange: Unavailable

- Region: Morocco

- Primary commodity: Silver

- Secondary commodities: Lead, Zinc, Antimony, Copper

- Document categories: Drill results, Other

- Extracted: 2026-10-14 21:22:20 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Safi Silver Corp. has reported its first assay results from the Addana Project in Morocco, highlighted by an unconfirmed 657 g/t Ag intercept in hole SW2026-02. The results also include a confirmed 35.52 g/t Ag intercept in hole SW2026-07 with associated lead and antimony. The drilling confirms the presence of quartz-iron oxide veins consistent with the regional style.

Reasoning: First drill results from a new project show high-grade silver potential, though the most significant intercept is unverified and geological geometry is still being defined.

- Positive factor: High-grade silver intercept of 657 g/t reported

- Positive factor: Discovery of mineralization 40km from expected core

- Positive factor: Presence of base metals \(Pb, Zn\) alongside silver

- Positive factor: QA/QC protocols and ISO accredited lab mentioned

- Negative factor: Highest silver intercept is unconfirmed and requires re-assay

- Negative factor: True widths not determined; apparent widths likely overstated

- Negative factor: Sample intervals \(1.0-1.5m\) are longer than vein thickness, introducing dilution

Facts used in scoring: 4

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 657 g/t Ag is exceptionally high for a silver project.

Evidence · text

> 657 g/t silver over 1.0 metre

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The company explicitly states that true widths have not been determined and are expected to be less than reported core lengths.

Evidence · text

> All reported intervals are core lengths; true widths have not been determined

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release details the use of blanks, standards, and duplicates, and names an ISO accredited laboratory.

Evidence · text

> Blanks, certified reference materials and duplicates \(approximately 15% of samples\) were inserted.

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: Lead and antimony were reported in the silver intercept.

Evidence · text

> This interval also returned 472 ppm lead and 33 ppm antimony.

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (4)

### SW2026-02

[Link to this fact](https://atlas-staging.minestarters.com/news/safi-silver-corp-reports-positive-first-drill-results-from-the-addana-project-in--5be33924-a480-4204-bff3-9f3a9d50886e#fact-drill-facts-0)

Addana · silver

#### Identity

- Hole ID: SW2026-02
- Project: Addana
- Commodity: silver
- Region: morocco
- Reported Region: morocco
- Ticker: SF.V

#### Geometry

- Grade: 657
- Grade Unit: g/t
- Intercept: 1 m
- From: 6 m
- To: 7 m
- Intercept Depth: 6 m

#### Classification

- Sample Type: drill
- Group ID: SW2026-02:6-7
- Mining Method: unknown

#### Location

- Location: Addana SW
- Loc. Source: document

#### QA/QC

- Laboratory: AFRILAB \(African Laboratory for Mining &amp; Environment\), Marrakech, Morocco
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: 657 g/t Ag is an exceptional grade but is explicitly noted as unconfirmed and requires re-assay.

- Positive factor: Exceptional grade

- Negative factor: Unconfirmed result

- Negative factor: Re-assay pending

Evidence · text

> 657 g/t silver over 1.0 metre \(6–7 m, sample 93209\) in SW2026-02, unconfirmed

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SW2026-07

[Link to this fact](https://atlas-staging.minestarters.com/news/safi-silver-corp-reports-positive-first-drill-results-from-the-addana-project-in--5be33924-a480-4204-bff3-9f3a9d50886e#fact-drill-facts-1)

Addana · silver

#### Identity

- Hole ID: SW2026-07
- Project: Addana
- Commodity: silver
- Region: morocco
- Reported Region: morocco
- Ticker: SF.V

#### Geometry

- Grade: 35.52
- Grade Unit: g/t
- Intercept: 1 m
- From: 147 m
- To: 148 m
- Intercept Depth: 147 m

#### Classification

- Sample Type: drill
- Group ID: SW2026-07:147-148
- Mining Method: unknown

#### Location

- Location: Addana SW
- Loc. Source: document

#### QA/QC

- Laboratory: AFRILAB \(African Laboratory for Mining &amp; Environment\), Marrakech, Morocco
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: 35.52 g/t Ag is a strong intercept for this project stage and is confirmed.

- Positive factor: Strong silver grade

- Positive factor: Confirmed assay

Evidence · text

> 35.52 g/t silver over 1.0 metre \(147–148 m, sample SW7-0176\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SW2026-07

[Link to this fact](https://atlas-staging.minestarters.com/news/safi-silver-corp-reports-positive-first-drill-results-from-the-addana-project-in--5be33924-a480-4204-bff3-9f3a9d50886e#fact-drill-facts-2)

Addana · lead

#### Identity

- Hole ID: SW2026-07
- Project: Addana
- Commodity: lead
- Region: morocco
- Reported Region: morocco
- Ticker: SF.V

#### Geometry

- Grade: 472
- Grade Unit: ppm
- Intercept: 1 m
- From: 147 m
- To: 148 m
- Intercept Depth: 147 m

#### Classification

- Sample Type: drill
- Group ID: SW2026-07:147-148
- Mining Method: unknown

#### Location

- Location: Addana SW
- Loc. Source: document

#### QA/QC

- Laboratory: AFRILAB \(African Laboratory for Mining &amp; Environment\), Marrakech, Morocco
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Lead is present as a byproduct in the silver interval.

- Negative factor: Potential penalty element

Evidence · text

> with 472 ppm Pb

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SW2026-07

[Link to this fact](https://atlas-staging.minestarters.com/news/safi-silver-corp-reports-positive-first-drill-results-from-the-addana-project-in--5be33924-a480-4204-bff3-9f3a9d50886e#fact-drill-facts-3)

Addana · antimony

#### Identity

- Hole ID: SW2026-07
- Project: Addana
- Commodity: antimony
- Region: morocco
- Reported Region: morocco
- Ticker: SF.V

#### Geometry

- Grade: 33
- Grade Unit: ppm
- Intercept: 1 m
- From: 147 m
- To: 148 m
- Intercept Depth: 147 m

#### Classification

- Sample Type: drill
- Group ID: SW2026-07:147-148
- Mining Method: unknown

#### Location

- Location: Addana SW
- Loc. Source: document

#### QA/QC

- Laboratory: AFRILAB \(African Laboratory for Mining &amp; Environment\), Marrakech, Morocco
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Antimony is present as a byproduct in the silver interval.

- Negative factor: Potential penalty element

Evidence · text

> and 33 ppm Sb

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
