Salazar Reports a High-Grade Tungsten-Silver Intersection at the Pijili Project, Ecuador: 2.00 Metres Grading 1.80% W (2.27% WO3) and 740 g/t Ag
Original announcement by newsfile on
- Company
- Salazar Resources Limited
- Ticker
- SRL
- Exchange
- Unavailable
- Region
- Ecuador
- Primary commodity
- Tungsten
- Secondary commodities
- Silver, Copper, Gold, Molybdenum
- Document categories
- Drill results
- Extracted
- 2026-08-26 10:48:47 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Salazar Resources has re-interpreted historical drilling at the Pijilí Project in Ecuador, identifying a high-grade 2.00m tungsten-silver sub-interval in hole MERC-011. The interval grades 1.80% W and 740 g/t Ag, representing a significant enrichment within the broader porphyry system.
Reasoning: The announcement identifies a high-grade tungsten-silver sub-interval within a historical drill hole. While the grades are exceptional, the data is a re-interpretation of historical assays rather than new drilling, which limits novelty and requires confirmatory work.
Positive factors
- High-grade tungsten intersection
- Critical minerals inclusion
- Re-interpretation of historical data reveals new sub-interval
Negative factors
- Stale data (historical assays)
- No new drilling conducted to confirm continuity
- True width not yet known
Facts used in scoring: 5
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 1.80% W is exceptionally high for tungsten skarn deposits.
Evidence · text
“1.80% W (2.27% WO3)”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Reported widths are downhole widths; true widths are not yet known.
Evidence · text
“Reported widths are downhole widths; true widths are not yet known.”
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The results are a re-interpretation of historical drilling from 2020/2021.
Evidence · text
“Salazar has undertaken an internal review of historical drilling and assay data”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions historical QA/QC including standards, blanks, and duplicates.
Evidence · text
“The historical program implemented a quality assurance/quality control (QA/QC) program that includes chain-of-custody and the insertion of standards, blanks, and duplicates.”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
MERC-011Pijilí Project · tungstenGrade: 1.8Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- MERC-011
- Project
- Pijilí Project
- Commodity
- tungsten
- Region
- ecuador
- Reported Region
- Ecuador
- Ticker
- SRL
Geometry
- Grade
- 1.8
- Grade Unit
- %
- Intercept
- 2 m
- From
- 18.3 m
- To
- 20.3 m
Classification
- Sample Type
- drill
- Group ID
- MERC-011:18.3-20.3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-04-20T00:00:00.000Z
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: 1.8% W is a very high grade for tungsten, though it is a re-interpretation of old data.
Positive factors
- Exceptional grade for tungsten
Negative factors
- Historical data
Evidence · text
“2.00 Metres Grading 1.80% W (2.27% WO3) and 740 g/t Ag”
MERC-011Pijilí Project · silverGrade: 740Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- MERC-011
- Project
- Pijilí Project
- Commodity
- silver
- Region
- ecuador
- Reported Region
- Ecuador
- Ticker
- SRL
Geometry
- Grade
- 740
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 18.3 m
- To
- 20.3 m
Classification
- Sample Type
- drill
- Group ID
- MERC-011:18.3-20.3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-04-20T00:00:00.000Z
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: 740 g/t Ag is a strong intercept within the sub-interval.
Positive factors
- High silver grade
Negative factors
- Historical data
Evidence · text
“740 g/t Ag”
MERC-011Pijilí Project · copperGrade: 0.63Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- MERC-011
- Project
- Pijilí Project
- Commodity
- copper
- Region
- ecuador
- Reported Region
- Ecuador
- Ticker
- SRL
Geometry
- Grade
- 0.63
- Grade Unit
- %
- Intercept
- 2 m
- From
- 18.3 m
- To
- 20.3 m
Classification
- Sample Type
- drill
- Group ID
- MERC-011:18.3-20.3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-04-20T00:00:00.000Z
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Copper grade is moderate but secondary to the tungsten/silver enrichment.
Evidence · table
“0.63”
Context: 0.07
MERC-011Pijilí Project · goldGrade: 0.07Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- MERC-011
- Project
- Pijilí Project
- Commodity
- gold
- Region
- ecuador
- Reported Region
- Ecuador
- Ticker
- SRL
Geometry
- Grade
- 0.07
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 18.3 m
- To
- 20.3 m
Classification
- Sample Type
- drill
- Group ID
- MERC-011:18.3-20.3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-04-20T00:00:00.000Z
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Gold grade is negligible in this specific sub-interval.
Evidence · table
“0.07”
Context: 0.07
MERC-011Pijilí Project · molybdenumGrade: 0.02Grade Unit: %Intercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- MERC-011
- Project
- Pijilí Project
- Commodity
- molybdenum
- Region
- ecuador
- Reported Region
- Ecuador
- Ticker
- SRL
Geometry
- Grade
- 0.02
- Grade Unit
- %
- Intercept
- 2 m
- From
- 18.3 m
- To
- 20.3 m
Classification
- Sample Type
- drill
- Group ID
- MERC-011:18.3-20.3
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-04-20T00:00:00.000Z
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Molybdenum grade is negligible.
Evidence · table
“0.02”
Context: 0.07
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.