# 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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/salazar-reports-a-high-grade-tungsten-silver-intersection-at-the-pijili-project--89005d8e-2c18-49da-8abf-022aa2afd96a

Original source: https://www.newsfilecorp.com/release/311497/Salazar-Reports-a-HighGrade-TungstenSilver-Intersection-at-the-Pijili-Project-Ecuador-2.00-Metres-Grading-1.80-W-2.27-WO3-and-740-gt-Ag

Publisher: newsfile

Original announcement: 2026-08-26T10:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: High-grade tungsten intersection

- Positive factor: Critical minerals inclusion

- Positive factor: Re-interpretation of historical data reveals new sub-interval

- Negative factor: Stale data \(historical assays\)

- Negative factor: No new drilling conducted to confirm continuity

- Negative factor: True width not yet known

Facts used in scoring: 5

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: 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 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: 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-release**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

Definition: 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-011

[Link to this fact](https://atlas-staging.minestarters.com/news/salazar-reports-a-high-grade-tungsten-silver-intersection-at-the-pijili-project--89005d8e-2c18-49da-8abf-022aa2afd96a#fact-drill-facts-0)

Pijilí Project · tungsten

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional grade for tungsten

- Negative factor: Historical data

Evidence · text

> 2.00 Metres Grading 1.80% W \(2.27% WO3\) and 740 g/t Ag

### MERC-011

[Link to this fact](https://atlas-staging.minestarters.com/news/salazar-reports-a-high-grade-tungsten-silver-intersection-at-the-pijili-project--89005d8e-2c18-49da-8abf-022aa2afd96a#fact-drill-facts-1)

Pijilí Project · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: High silver grade

- Negative factor: Historical data

Evidence · text

> 740 g/t Ag

### MERC-011

[Link to this fact](https://atlas-staging.minestarters.com/news/salazar-reports-a-high-grade-tungsten-silver-intersection-at-the-pijili-project--89005d8e-2c18-49da-8abf-022aa2afd96a#fact-drill-facts-2)

Pijilí Project · copper

Historical result

Needs review: historical\_restatement

#### 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-011

[Link to this fact](https://atlas-staging.minestarters.com/news/salazar-reports-a-high-grade-tungsten-silver-intersection-at-the-pijili-project--89005d8e-2c18-49da-8abf-022aa2afd96a#fact-drill-facts-3)

Pijilí Project · gold

Historical result

Needs review: historical\_restatement

#### 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-011

[Link to this fact](https://atlas-staging.minestarters.com/news/salazar-reports-a-high-grade-tungsten-silver-intersection-at-the-pijili-project--89005d8e-2c18-49da-8abf-022aa2afd96a#fact-drill-facts-4)

Pijilí Project · molybdenum

Historical result

Needs review: historical\_restatement

#### 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.