Silver One Intersects 472 g/t Silver, 0.6 g/t Gold, plus 0.87% Lead - 1.10% Zinc, Extending Down-Dip Mineralization 400 Metres Beyond Open-Pit Resource

Original announcement by newsfile on

Company
Silver One Resources Inc.
Ticker
SVE
Exchange
Unavailable
Region
Nevada
Primary commodity
Silver
Secondary commodities
Gold, Lead, Zinc, Copper
Document categories
Drill results, Metallurgy
Extracted
2026-09-17 04:48:56 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Silver One reported high-grade silver-gold-lead-zinc drill results from its 2026 RC campaign at the Candelaria Project in Nevada. Notably, hole SO-C-26-196A extended mineralization approximately 400 metres down-dip beyond the existing open-pit resource.

Reasoning: The results demonstrate a significant 400m down-dip extension with high-grade silver and gold, reinforcing the scale of the Candelaria project.

Positive factors

  • Significant down-dip extension of 400m
  • High-grade silver intercepts (472 g/t)
  • Strong continuity of mineralization
  • QA/QC protocols clearly disclosed
  • Metallurgical results support conventional processing

Facts used in scoring: 27

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Hole SOC26-196A extends mineralization ~400 m down-dip north from the nearest drill hole used in the 2025 resource estimate.

Evidence · text

“extends the mineralization ~400 m down-dip north”

Bonanza Interceptpositive

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

Why it applies: Intercepts of 472 g/t Ag and 454 g/t Ag are exceptionally high grade.

Evidence · table

“472”

Context: 9.14

QA/QC Disclosedpositive

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

Why it applies: Release includes detailed QA/QC protocols, including certified standards, blanks, and duplicates.

Evidence · text

“The QA/QC program included the submission of Certified Standards, blanks, core duplicates”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: Metallurgical testing confirms sulphides respond well to flotation.

Evidence · text

“respond well to flotation”

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: the document describes a heap_leach route ("heap leach")

Extracted facts

Stored fact records: 27. Some facts used in scoring do not have a stored record.

Drill Results (27)

SO-C-26-196ACandelaria · silverGrade: 215Grade Unit: g/tIntercept: 25.91 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-196A
Project
Candelaria
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
215
Grade Unit
g/t
Intercept
25.91 m
From
542.55 m
To
568.46 m
Intercept Depth
542.55 m

Classification

Program
exploration
Sample Type
drill
Group ID
SO-C-26-196A:542.55-568.46
Mining Method
open_pit

Location

Loc. Confidence
high

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
250
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: 215 g/t Ag over 25.91m is a significant intercept for this system.

Positive factors

  • Strong silver grade

Evidence · table

“215”

Context: 25.91

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-196ACandelaria · goldGrade: 0.33Grade Unit: g/tIntercept: 25.91 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-196A
Project
Candelaria
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
25.91 m
From
542.55 m
To
568.46 m
Intercept Depth
542.55 m

Classification

Program
exploration
Sample Type
drill
Group ID
SO-C-26-196A:542.55-568.46
Mining Method
open_pit

Location

Loc. Confidence
high

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
250
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Consistent gold grade within the silver interval.

Evidence · table

“0.33”

Context: 25.91

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-196ACandelaria · silverGrade: 472Grade Unit: g/tIntercept: 9.14 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-196A
Project
Candelaria
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
472
Grade Unit
g/t
Intercept
9.14 m
From
542.55 m
To
551.69 m
Intercept Depth
542.55 m

Classification

Program
exploration
Sample Type
drill
Group ID
SO-C-26-196A:542.55-551.69
Mining Method
open_pit

Location

Loc. Confidence
high

QA/QC

Laboratory
American Assay Laboratories
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
2026-09-17T00:00:00.000Z

Reasoning: 472 g/t Ag is an exceptionally high-grade intercept.

Positive factors

  • Bonanza Intercept

Evidence · table

“472”

Context: 9.14

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-196ACandelaria · goldGrade: 0.6Grade Unit: g/tIntercept: 9.14 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-196A
Project
Candelaria
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
9.14 m
From
542.55 m
To
551.69 m
Intercept Depth
542.55 m

Classification

Program
exploration
Sample Type
drill
Group ID
SO-C-26-196A:542.55-551.69
Mining Method
open_pit

Location

Loc. Confidence
high

QA/QC

Laboratory
American Assay Laboratories
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
2026-09-17T00:00:00.000Z

Reasoning: Strong gold grade within the high-grade silver interval.

Evidence · table

“0.6”

Context: 9.14

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-197Candelaria · silverGrade: 454Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-197
Project
Candelaria
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
454
Grade Unit
g/t
Intercept
3.05 m
From
391.67 m
To
394.72 m
Intercept Depth
391.67 m

Classification

Program
exploration
Sample Type
drill
Group ID
SO-C-26-197:391.67-394.72
Mining Method
open_pit

Location

Loc. Confidence
high

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
539
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: 454 g/t Ag is an exceptionally high-grade intercept.

Positive factors

  • Bonanza Intercept

Evidence · table

“454”

Context: 3.05

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-197Candelaria · goldGrade: 0.68Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-197
Project
Candelaria
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.68
Grade Unit
g/t
Intercept
3.05 m
From
391.67 m
To
394.72 m
Intercept Depth
391.67 m

Classification

Program
exploration
Sample Type
drill
Group ID
SO-C-26-197:391.67-394.72
Mining Method
open_pit

Location

Loc. Confidence
high

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
539
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Strong gold grade in a high-grade silver interval.

Evidence · table

“0.68”

Context: 3.05

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-197Candelaria · silverGrade: 112Grade Unit: g/tIntercept: 4.58 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-197
Project
Candelaria
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
112
Grade Unit
g/t
Intercept
4.58 m
From
403.86 m
To
408.44 m
Intercept Depth
403.86 m

Classification

Program
exploration
Sample Type
drill
Group ID
SO-C-26-197:403.86-408.44
Mining Method
open_pit

Location

Loc. Confidence
high

QA/QC

Laboratory
American Assay Laboratories
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
2026-09-17T00:00:00.000Z

Reasoning: Moderate silver grade intercept.

Evidence · table

“112”

Context: 4.58

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-197Candelaria · goldGrade: 0.16Grade Unit: g/tIntercept: 4.58 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-197
Project
Candelaria
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.16
Grade Unit
g/t
Intercept
4.58 m
From
403.86 m
To
408.44 m
Intercept Depth
403.86 m

Classification

Program
exploration
Sample Type
drill
Group ID
SO-C-26-197:403.86-408.44
Mining Method
open_pit

Location

Loc. Confidence
high

QA/QC

Laboratory
American Assay Laboratories
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
2026-09-17T00:00:00.000Z

Reasoning: Low gold grade.

Evidence · table

“0.16”

Context: 4.58

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-196ACandelariaView all details
Link to this fact

Identity

Hole ID
SO-C-26-196A
Project
Candelaria
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Cyanidation of flotation tails significantly improves silver recovery.

Positive factors

  • High recovery via cyanidation

Evidence · text

“increasing silver recovery to 71%- 84% (average 77.5%)”

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-196ACandelariaView all details
Link to this fact

Identity

Hole ID
SO-C-26-196A
Project
Candelaria
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Cyanidation of flotation tails significantly improves gold recovery.

Positive factors

  • High recovery via cyanidation

Evidence · text

“gold recovery to 75%-89% (average 82%)”

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-196ACandelaria · copperGrade: 0.02Grade Unit: %Intercept: 25.91 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-196A
Project
Candelaria
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.02
Grade Unit
%
Intercept
25.91 m
From
542.55 m
To
568.46 m
Intercept Depth
542.55 m

Classification

Sample Type
drill
Group ID
SO-C-26-196A:542.55-568.46
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
250
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 % copper is below against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.5 %·m is below.

Negative factors

  • 0.02 % copper is below the weak threshold (0.25 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.02”

Context: SO-C-26-196A

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-196ACandelaria · leadGrade: 0.43Grade Unit: %Intercept: 25.91 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-196A
Project
Candelaria
Commodity
lead
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.43
Grade Unit
%
Intercept
25.91 m
From
542.55 m
To
568.46 m
Intercept Depth
542.55 m

Classification

Sample Type
drill
Group ID
SO-C-26-196A:542.55-568.46
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
250
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.43 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 11.1 %·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.43”

Context: SO-C-26-196A

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-196ACandelaria · zincGrade: 0.51Grade Unit: %Intercept: 25.91 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-196A
Project
Candelaria
Commodity
zinc
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.51
Grade Unit
%
Intercept
25.91 m
From
542.55 m
To
568.46 m
Intercept Depth
542.55 m

Classification

Sample Type
drill
Group ID
SO-C-26-196A:542.55-568.46
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
250
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.51 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 13.2 %·m is below.

Negative factors

  • 0.51 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.51”

Context: SO-C-26-196A

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

IncludesCandelaria · goldGrade: 0.6Grade Unit: g/tIntercept: 9.14 mView all details
Link to this fact

Identity

Hole ID
Includes
Project
Candelaria
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
9.14 m
From
542.55 m
To
551.69 m
Intercept Depth
542.55 m

Classification

Sample Type
drill
Group ID
Includes:542.55-551.69
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
540
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.6 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 5.5 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.6”

Context: Includes

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

IncludesCandelaria · silverGrade: 472Grade Unit: g/tIntercept: 9.14 mView all details
Link to this fact

Identity

Hole ID
Includes
Project
Candelaria
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
472
Grade Unit
g/t
Intercept
9.14 m
From
542.55 m
To
551.69 m
Intercept Depth
542.55 m

Classification

Sample Type
drill
Group ID
Includes:542.55-551.69
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
540
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 472 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 4314.1 g/t·m is strong.

Positive factors

  • 472 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“472”

Context: Includes

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

IncludesCandelaria · copperGrade: 0.04Grade Unit: %Intercept: 9.14 mView all details
Link to this fact

Identity

Hole ID
Includes
Project
Candelaria
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.04
Grade Unit
%
Intercept
9.14 m
From
542.55 m
To
551.69 m
Intercept Depth
542.55 m

Classification

Sample Type
drill
Group ID
Includes:542.55-551.69
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
540
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.04 % copper is below against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.4 %·m is below.

Negative factors

  • 0.04 % copper is below the weak threshold (0.25 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.04”

Context: Includes

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

IncludesCandelaria · leadGrade: 0.87Grade Unit: %Intercept: 9.14 mView all details
Link to this fact

Identity

Hole ID
Includes
Project
Candelaria
Commodity
lead
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.87
Grade Unit
%
Intercept
9.14 m
From
542.55 m
To
551.69 m
Intercept Depth
542.55 m

Classification

Sample Type
drill
Group ID
Includes:542.55-551.69
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
540
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.87 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 8.0 %·m is below.

Negative factors

  • 0.87 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.87”

Context: Includes

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

IncludesCandelaria · zincGrade: 1.1Grade Unit: %Intercept: 9.14 mView all details
Link to this fact

Identity

Hole ID
Includes
Project
Candelaria
Commodity
zinc
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
1.1
Grade Unit
%
Intercept
9.14 m
From
542.55 m
To
551.69 m
Intercept Depth
542.55 m

Classification

Sample Type
drill
Group ID
Includes:542.55-551.69
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
540
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 1.1 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 10.1 %·m is below.

Negative factors

  • 1.1 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.10”

Context: Includes

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-197Candelaria · copperGrade: 0.04Grade Unit: %Intercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-197
Project
Candelaria
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.04
Grade Unit
%
Intercept
3.05 m
From
391.67 m
To
394.72 m
Intercept Depth
391.67 m

Classification

Sample Type
drill
Group ID
SO-C-26-197:391.67-394.72
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
539
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.04 % copper is below against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.1 %·m is below.

Negative factors

  • 0.04 % copper is below the weak threshold (0.25 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.04”

Context: SO-C-26-197

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-197Candelaria · leadGrade: 1.45Grade Unit: %Intercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-197
Project
Candelaria
Commodity
lead
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
1.45
Grade Unit
%
Intercept
3.05 m
From
391.67 m
To
394.72 m
Intercept Depth
391.67 m

Classification

Sample Type
drill
Group ID
SO-C-26-197:391.67-394.72
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
539
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 1.45 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 4.4 %·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.45”

Context: SO-C-26-197

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SO-C-26-197Candelaria · zincGrade: 1.77Grade Unit: %Intercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
SO-C-26-197
Project
Candelaria
Commodity
zinc
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
1.77
Grade Unit
%
Intercept
3.05 m
From
391.67 m
To
394.72 m
Intercept Depth
391.67 m

Classification

Sample Type
drill
Group ID
SO-C-26-197:391.67-394.72
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
539
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 1.77 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 5.4 %·m is below.

Negative factors

  • 1.77 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.77”

Context: SO-C-26-197

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

andCandelaria · goldGrade: 0.16Grade Unit: g/tIntercept: 4.58 mView all details
Link to this fact

Identity

Hole ID
and
Project
Candelaria
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.16
Grade Unit
g/t
Intercept
4.58 m
From
403.86 m
To
408.44 m
Intercept Depth
403.86 m

Classification

Sample Type
drill
Group ID
and:403.86-408.44
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
131
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.16 g/t gold is below against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 0.7 g/t·m is below.

Negative factors

  • 0.16 g/t gold is below the weak threshold (0.3 g/t) on the open_pit mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.16”

Context: and

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

andCandelaria · silverGrade: 112Grade Unit: g/tIntercept: 4.58 mView all details
Link to this fact

Identity

Hole ID
and
Project
Candelaria
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
112
Grade Unit
g/t
Intercept
4.58 m
From
403.86 m
To
408.44 m
Intercept Depth
403.86 m

Classification

Sample Type
drill
Group ID
and:403.86-408.44
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
131
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 112 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 513.0 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“112”

Context: and

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

andCandelaria · copperGrade: 0.01Grade Unit: %Intercept: 4.58 mView all details
Link to this fact

Identity

Hole ID
and
Project
Candelaria
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.01
Grade Unit
%
Intercept
4.58 m
From
403.86 m
To
408.44 m
Intercept Depth
403.86 m

Classification

Sample Type
drill
Group ID
and:403.86-408.44
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
131
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.01 % copper is below against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.0 %·m is below.

Negative factors

  • 0.01 % copper is below the weak threshold (0.25 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.01”

Context: and

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

andCandelaria · leadGrade: 0.24Grade Unit: %Intercept: 4.58 mView all details
Link to this fact

Identity

Hole ID
and
Project
Candelaria
Commodity
lead
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.24
Grade Unit
%
Intercept
4.58 m
From
403.86 m
To
408.44 m
Intercept Depth
403.86 m

Classification

Sample Type
drill
Group ID
and:403.86-408.44
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
131
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.24 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 1.1 %·m is below.

Negative factors

  • 0.24 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.24”

Context: and

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

andCandelaria · zincGrade: 0.42Grade Unit: %Intercept: 4.58 mView all details
Link to this fact

Identity

Hole ID
and
Project
Candelaria
Commodity
zinc
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
0.42
Grade Unit
%
Intercept
4.58 m
From
403.86 m
To
408.44 m
Intercept Depth
403.86 m

Classification

Sample Type
drill
Group ID
and:403.86-408.44
Mining Method
open_pit

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
131
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.42 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 1.9 %·m is below.

Negative factors

  • 0.42 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.42”

Context: and

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

SOC26-197Candelaria · silverGrade: 454Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
SOC26-197
Project
Candelaria
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
SVE

Geometry

Grade
454
Grade Unit
g/t
Intercept
3.05 m
From
391.67 m
To
394.72 m

Classification

Sample Type
drill

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: 215 g/t Ag over 25.91m is a significant intercept for this system.

Positive factors

  • Strong silver grade

Evidence · text

“3.05 m averaging 454 g/t Ag, 0.68 g/t Au, 1.45% Pb, 1.77% Zn (539 g/t AgEq) from 391.67 m”

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immed"

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.