# San Albino Royalty Exploration Update Highlighted 39.15 g/t Au over 5.9 m \(Estimated True Width\) 19.2 m Below Surface at El Golfo Prospect Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e Original source: https://money.tmx.com/en/quote/FISH/news/5389567418754934/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima Publisher: tmx Original announcement: 2025-05-27T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Sailfish Royalty Corp. - Ticker: FISH - Exchange: TSX - Region: Nicaragua - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Drill results, Other - Extracted: 2026-08-23 11:04:28 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Sailfish Royalty Corp. reported high-grade drill results from Mako Mining's El Golfo prospect in Nicaragua, highlighted by an 8.0 m intercept at 39.15 g/t Au and 27.8 g/t Ag. The mineralization is located near the existing Las Conchitas operation and is hosted within a known structural trend. Reasoning: The announcement reports a significant high-grade gold intercept \(39.15 g/t\) at a new prospect \(El Golfo\) within a royalty holder's concession, which has high potential for resource expansion. - Positive factor: High-grade gold intercept - Positive factor: Near-surface mineralization - Positive factor: Structural continuity - Positive factor: QA/QC disclosed Facts used in scoring: 14 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 39.15 g/t Au is exceptionally high grade for the region. Evidence · text > 39.15 grams-per-tonne \(" g/t "\) gold **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: The document explicitly states the estimated true width \(5.9 m\). Evidence · text > 5.9 m estimated true width \(" ETW "\) **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 includes a Qualified Person \(Brian Ray, P.Geo\) sign-off. Evidence · text > Qualified Person Brian Ray, M.Sc., P.Geo... has read and approved the technical information ## Extracted facts Stored fact records: 14. Some facts used in scoring do not have a stored record. ## Drill Results (14) ### EJ25-RC53 [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-0) El Golfo · gold #### Identity - Hole ID: EJ25-RC53 - Project: El Golfo - Commodity: gold - Ticker: FISH #### Geometry - Grade: 39.15 - Grade Unit: g/t - Intercept: 8 m - True Width: 5.9 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EJ25-RC53:0.0-8.0 #### Location - Azimuth: 270 ° - Dip: -60 ° #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: 39.15 g/t Au over 8.0 m is an exceptional high-grade intercept for an exploration program. - Positive factor: Bonanza Intercept - Positive factor: True Width Disclosed Evidence · text > EJ25-RC53 \(270/-60\) intersected a wide, high-grade interval of 39.15 grams-per-tonne \(" g/t "\) gold \(" Au "\) and 27.8 g/t silver \(" Ag "\) over 8.0 m \(5.9 m estimated true width \(" ETW "\). ### EJ25-RC53 [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-1) El Golfo · silver #### Identity - Hole ID: EJ25-RC53 - Project: El Golfo - Commodity: silver - Ticker: FISH #### Geometry - Grade: 27.8 - Grade Unit: g/t - Intercept: 8 m - True Width: 5.9 m #### Classification - Program: exploration - Sample Type: drill - Group ID: EJ25-RC53:0.0-8.0 #### Location - Azimuth: 270 ° - Dip: -60 ° #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: Silver is reported as a byproduct to the high-grade gold intercept. Evidence · text > 39.15 grams-per-tonne \(" g/t "\) gold \(" Au "\) and 27.8 g/t silver \(" Ag "\) over 8.0 m ### Cruz Grande/El Limon Vein [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-2) Las Conchitas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: Cruz Grande/El Limon Vein - Project: Las Conchitas - Commodity: gold - Ticker: FISH #### Geometry - Grade: 117.98 - Grade Unit: g/t - Intercept: 2 m - True Width: 1.7 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: Extremely high grade, but noted as part of a previous release \(historical\). - Positive factor: Bonanza Intercept Evidence · text > 117.98 g/t Au and 37.0 g/t Ag over 2.0 m \(1.7 m ETW\) - Cruz Grande/El Limon Vein ### Cruz Grande/El Limon Vein [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-3) Las Conchitas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: Cruz Grande/El Limon Vein - Project: Las Conchitas - Commodity: silver - Ticker: FISH #### Geometry - Grade: 37 - Grade Unit: g/t - Intercept: 2 m - True Width: 1.7 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: Silver byproduct in a historical intercept. Evidence · text > 117.98 g/t Au and 37.0 g/t Ag over 2.0 m ### Intermediate Vein [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-4) Las Conchitas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: Intermediate Vein - Project: Las Conchitas - Commodity: gold - Ticker: FISH #### Geometry - Grade: 14.76 - Grade Unit: g/t - Intercept: 3 m - True Width: 2.6 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: Strong gold intercept from historical results. Evidence · text > 14.76 g/t Au and 13.67 g/t Ag over 3.0 m \(2.6 m ETW\) - Intermediate Vein ### Intermediate Vein [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-5) Las Conchitas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: Intermediate Vein - Project: Las Conchitas - Commodity: silver - Ticker: FISH #### Geometry - Grade: 13.67 - Grade Unit: g/t - Intercept: 3 m - True Width: 2.6 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: Silver byproduct in a historical intercept. Evidence · text > 14.76 g/t Au and 13.67 g/t Ag over 3.0 m ### Mina Francisco Vein [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-6) Las Conchitas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: Mina Francisco Vein - Project: Las Conchitas - Commodity: gold - Ticker: FISH #### Geometry - Grade: 18.14 - Grade Unit: g/t - Intercept: 7 m - True Width: 6.7 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: Strong gold intercept from historical results. Evidence · text > 18.14 g/t Au and 9.5 g/t Ag over 7.0 m \(6.7 m ETW\) - Mina Francisco Vein ### Mina Francisco Vein [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-7) Las Conchitas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: Mina Francisco Vein - Project: Las Conchitas - Commodity: silver - Ticker: FISH #### Geometry - Grade: 9.5 - Grade Unit: g/t - Intercept: 7 m - True Width: 6.7 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: Silver byproduct in a historical intercept. Evidence · text > 18.14 g/t Au and 9.5 g/t Ag over 7.0 m ### Mina Francisco Vein [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-8) Las Conchitas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: Mina Francisco Vein - Project: Las Conchitas - Commodity: gold - Ticker: FISH #### Geometry - Grade: 29.57 - Grade Unit: g/t - Intercept: 3 m - True Width: 2.6 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: High grade gold intercept from historical results. Evidence · text > 29.57 g/t Au and 66.7 g/t Ag over 3.0 m \(2.6 m ETW\) - Mina Francisco Vein ### Mina Francisco Vein [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-9) Las Conchitas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: Mina Francisco Vein - Project: Las Conchitas - Commodity: silver - Ticker: FISH #### Geometry - Grade: 66.7 - Grade Unit: g/t - Intercept: 3 m - True Width: 2.6 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: Silver byproduct in a historical intercept. Evidence · text > 29.57 g/t Au and 66.7 g/t Ag over 3.0 m ### Mina Francisco Vein [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-10) Las Conchitas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: Mina Francisco Vein - Project: Las Conchitas - Commodity: gold - Ticker: FISH #### Geometry - Grade: 24.59 - Grade Unit: g/t - Intercept: 4 m - True Width: 3.1 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: High grade gold intercept from historical results. Evidence · text > 24.59 g/t Au and 10.2 g/t Ag over 4.0 m \(3.1 m ETW\) - Mina Francisco Vein ### Mina Francisco Vein [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-11) Las Conchitas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: Mina Francisco Vein - Project: Las Conchitas - Commodity: silver - Ticker: FISH #### Geometry - Grade: 10.2 - Grade Unit: g/t - Intercept: 4 m - True Width: 3.1 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: Silver byproduct in a historical intercept. Evidence · text > 24.59 g/t Au and 10.2 g/t Ag over 4.0 m ### Bayacun Vein \(LMB Pit\) [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-12) Las Conchitas · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: Bayacun Vein \(LMB Pit\) - Project: Las Conchitas - Commodity: gold - Ticker: FISH #### Geometry - Grade: 24.95 - Grade Unit: g/t - Intercept: 4 m - True Width: 3.9 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: High grade gold intercept from historical results. Evidence · text > 24.95 g/t Au and 28.9 g/t Ag over 4.0 m \(3.9 m ETW\) - Bayacun Vein \(LMB Pit\) ### Bayacun Vein \(LMB Pit\) [Link to this fact](https://atlas-staging.minestarters.com/news/san-albino-royalty-exploration-update-highlighted-39-15-g-t-au-over-5-9-m-estima--360716b7-7fd1-4211-b359-ac290322358e#fact-drill-facts-13) Las Conchitas · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: Bayacun Vein \(LMB Pit\) - Project: Las Conchitas - Commodity: silver - Ticker: FISH #### Geometry - Grade: 28.9 - Grade Unit: g/t - Intercept: 4 m - True Width: 3.9 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-05-14T00:00:00.000Z #### Dates - Event date: 2025-05-27T00:00:00.000Z Reasoning: Silver byproduct in a historical intercept. Evidence · text > 24.95 g/t Au and 28.9 g/t Ag over 4.0 m ## 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.