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

Original announcement by jmn on

Company
Safi Silver Corp.
Ticker
SF
Exchange
TSXV
Region
Morocco
Primary commodity
Silver
Secondary commodities
Lead, Zinc, Antimony, Copper
Document categories
Drill results
Extracted
2026-10-14 22:33:07 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Safi Silver 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 drilling intersected silver-bearing veins at shallow depths, with additional significant intercepts including 35.52 g/t Ag in hole SW2026-07.

Reasoning: First drill results from an inaugural program showing high-grade silver intercepts, though the most significant result is currently unconfirmed.

Positive factors

  • High-grade silver intercept of 657 g/t (unconfirmed)
  • Discovery of mineralization 40km from expected core
  • Shallow intercepts suggestive of depth potential
  • Presence of base metals (Pb, Zn) alongside silver

Negative factors

  • Highest silver grade is unconfirmed and requires re-assay
  • True widths not determined; expected to be less than core lengths
  • Reported grades include adjacent wall rock due to sample interval length

Facts used in scoring: 4

Classification and evidence

Bonanza Interceptpositive

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

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

Evidence · text

“657 g/t silver over 1.0 metre”

QA/QC Disclosedpositive

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

Why it applies: Release details lab (AFRILAB), accreditation (ISO 17025), and methods (blanks, standards, duplicates).

Evidence · text

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

Apparent Width Onlynegative

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

Why it applies: Document states 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”

Deleterious Elements Presentnegative

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

Why it applies: Antimony (Sb) is mentioned in the SW2026-07 intercept.

Evidence · text

“33 ppm Sb”

Extracted facts

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

Drill Results (4)

SW2026-02Addana · silverGrade: 657Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

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

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 & 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 pending re-assay.

Positive factors

  • Exceptionally high grade

Negative factors

  • Unconfirmed result
  • Requires re-assay

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 Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

SW2026-07Addana · silverGrade: 35.52Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

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

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 & 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 early stage exploration.

Positive factors

  • Strong silver grade

Evidence · text

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

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

SW2026-07Addana · leadGrade: 472Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

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

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 & 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: Presence of lead as a byproduct in the silver interval.

Evidence · text

“returned 472 ppm lead”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

SW2026-07Addana · antimonyGrade: 33Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

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

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 & 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 a potential penalty element.

Negative factors

  • Deleterious element present

Evidence · text

“33 ppm Sb”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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.