# Silver Sands Reports Encouraging Initial Drill Results at the Virginia Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df

Original source: https://money.tmx.com/en/quote/MRZ/news/6837960652769275/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project

Publisher: tmx

Original announcement: 2021-01-21T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Mirasol Resources Ltd.

- Ticker: MRZ

- Exchange: TSX

- Region: Santa Cruz province, Argentina

- Primary commodity: Silver

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-25 23:19:25 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Silver Sands Resources reported encouraging initial drill results from the Phase I program at the Virginia Silver project in Santa Cruz province, Argentina. Highlights include 33.5m at 198.51 g/t Ag at Martina and 9.25m at 233.54 g/t Ag at Ely Central, demonstrating potential for new mineralization and expansion of the existing resource. A Phase II drill program is planned to follow up on these results.

Reasoning: Initial drill results from the Virginia project show several high-grade and wide silver intercepts, extending known mineralization and indicating new zones, with robust QA/QC procedures supporting the data. However, true widths were not reported.

- Positive factor: High-grade silver intercepts

- Positive factor: Significant widths

- Positive factor: Extension of known mineralization

- Positive factor: Discovery of new mineralization

- Positive factor: Transparent QA/QC

- Negative factor: Apparent Width Only

Facts used in scoring: 27

## Classification and evidence

**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: The document explicitly states that 'Reported interval length are down hole widths and not true widths.'

Evidence · text

> Reported interval length are down hole widths and not true widths.

**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 mentions a 'quality assurance and quality control \(QA/QC\) program' and industry standard methodologies.

Evidence · text

> Geochemical assays are obtained and reported under a quality assurance and quality control \(QA/QC\) program.

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The technical and scientific information has been reviewed and approved by R. Tim Henneberry, P.Geo.\(BC\)., a Qualified Person under NI 43-101.

Evidence · text

> Silver Sand's disclosure of technical and scientific information in this press release has been reviewed and approved by R. Tim Henneberry, P.Geo.\(BC\)., a director of the Company, who serves as a Qualified Person under the definition of National Instrument 43-101.

**Lab Certified**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Samples are dispatched to an ISO 9001:2008 accredited laboratory in Argentina for analysis.

Evidence · text

> Samples are dispatched to an ISO 9001:2008 accredited laboratory in Argentina for analysis.

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document clearly states the cut-off grades used for reporting intervals \(30 g/t and 63 g/t Ag\) and mentions that intervals may include up to 1m individual section below cut-off.

Evidence · text

> Reported intervals are stated at a cut-off grade of 30 g/t and 63 g/t Ag, but may include up to a maximum of 1m individual section below cut-off grade.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling shows 'potential for significant new mineralization outside the current resource area' and 'strike potential for additional silver mineralization in known veins and indications of new mineralization in minimally to untested peripheral veins'.

Evidence · text

> The DDH completed at Martina and Ely Central clearly show the potential for significant new mineralization outside the current resource area.

**Epithermal Deposit**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document refers to 'epithermal veining' and 'epithermal column' in the description of the Magi target.

Evidence · text

> interesting low temperature epithermal veining

## Extracted facts

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

## Drill Results (27)

### MSE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-0)

silver

#### Identity

- Hole ID: MSE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 30.23
- Grade Unit: g/t
- Intercept: 1 m
- From: 36 m
- To: 37 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This intercept shows weak silver grade over a narrow interval, just above the reporting cut-off.

Evidence · table

> 30.23

Context: 1.00

### MSE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-1)

silver

#### Identity

- Hole ID: MSE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 36.09
- Grade Unit: g/t
- Intercept: 3 m
- From: 68 m
- To: 71 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This intercept shows weak silver grade over a narrow interval, slightly above the reporting cut-off.

Evidence · table

> 36.09

Context: 3.00

### MSE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-2)

silver

#### Identity

- Hole ID: MSE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 35.93
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 72.6 m
- To: 73 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This intercept shows weak silver grade over a very narrow interval, just above the reporting cut-off.

Evidence · table

> 35.93

Context: 0.40

### MSE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-3)

silver

#### Identity

- Hole ID: MSE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 37.7
- Grade Unit: g/t
- Intercept: 1 m
- From: 74.6 m
- To: 75.6 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This intercept shows weak silver grade over a narrow interval, slightly above the reporting cut-off.

Evidence · table

> 37.70

Context: 1.00

### MSE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-4)

silver

#### Identity

- Hole ID: MSE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 198.51
- Grade Unit: g/t
- Intercept: 33.5 m
- From: 79.5 m
- To: 113 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This is an exceptional silver intercept with strong grade over a significant width, indicating robust mineralization.

- Positive factor: Strong Grade

- Positive factor: Strong Continuity

- Positive factor: Exceptional Grade-Thickness

Evidence · table

> 198.51

Context: 33.50

### MSE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-5)

silver

#### Identity

- Hole ID: MSE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 92.79
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 83.3 m
- To: 83.8 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 63
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This sub-interval shows a moderate silver grade, but over a very narrow width, limiting its overall impact.

- Positive factor: Moderate Grade

Evidence · table

> 92.79

Context: 0.50

### MSE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-6)

silver

#### Identity

- Hole ID: MSE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 316.86
- Grade Unit: g/t
- Intercept: 17.7 m
- From: 85.8 m
- To: 103.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 63
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This sub-interval represents an exceptional high-grade silver intercept over a strong width, significantly contributing to the overall mineralization.

- Positive factor: Strong Grade

- Positive factor: Strong Continuity

- Positive factor: Exceptional Grade-Thickness

Evidence · table

> 316.86

Context: 17.70

### MSE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-7)

silver

#### Identity

- Hole ID: MSE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 82.37
- Grade Unit: g/t
- Intercept: 4 m
- From: 105 m
- To: 109 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 63
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This sub-interval shows a moderate silver grade over a narrow width, contributing to the overall mineralization.

- Positive factor: Moderate Grade

Evidence · table

> 82.37

Context: 4.00

### MSE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-8)

silver

#### Identity

- Hole ID: MSE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 65.34
- Grade Unit: g/t
- Intercept: 2 m
- From: 111 m
- To: 113 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 63
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a narrow width, just above the higher cut-off.

Evidence · table

> 65.34

Context: 2.00

### MSE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-9)

silver

#### Identity

- Hole ID: MSE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 40.91
- Grade Unit: g/t
- Intercept: 15 m
- From: 115 m
- To: 130 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a moderate width, indicating some mineralization but not high-grade.

- Positive factor: Moderate Continuity

Evidence · table

> 40.91

Context: 15.00

### MSE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-10)

silver

#### Identity

- Hole ID: MSE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 30.94
- Grade Unit: g/t
- Intercept: 1 m
- From: 133 m
- To: 134 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This intercept shows weak silver grade over a narrow interval, just above the reporting cut-off.

Evidence · table

> 30.94

Context: 1.00

### EC-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-11)

silver

#### Identity

- Hole ID: EC-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 35.61
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 21.2 m
- To: 21.7 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This intercept shows weak silver grade over a very narrow interval, just above the reporting cut-off.

Evidence · table

> 35.61

Context: 0.50

### EC-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-12)

silver

#### Identity

- Hole ID: EC-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 233.54
- Grade Unit: g/t
- Intercept: 9.25 m
- From: 92.75 m
- To: 102 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This is a strong silver intercept with high grade over a moderate width, indicating significant mineralization.

- Positive factor: Strong Grade

- Positive factor: Moderate Continuity

- Positive factor: Strong Grade-Thickness

Evidence · table

> 233.54

Context: 9.25

### EC-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-13)

silver

#### Identity

- Hole ID: EC-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 441.71
- Grade Unit: g/t
- Intercept: 4.5 m
- From: 94.55 m
- To: 99.05 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 63
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This sub-interval shows a very strong silver grade over a narrow width, representing a high-grade core within the broader intercept.

- Positive factor: Strong Grade

- Positive factor: Strong Grade-Thickness

Evidence · table

> 441.71

Context: 4.50

### EC-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-14)

silver

#### Identity

- Hole ID: EC-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 32.77
- Grade Unit: g/t
- Intercept: 2 m
- From: 103 m
- To: 105 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This intercept shows weak silver grade over a narrow interval, just above the reporting cut-off.

Evidence · table

> 32.77

Context: 2.00

### NE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-15)

silver

#### Identity

- Hole ID: NE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 51.45
- Grade Unit: g/t
- Intercept: 28.75 m
- From: 14 m
- To: 42.75 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a strong width, indicating a significant zone of mineralization near surface.

- Positive factor: Strong Continuity

- Positive factor: Moderate Grade-Thickness

Evidence · table

> 51.45

Context: 28.75

### NE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-16)

silver

#### Identity

- Hole ID: NE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 70.2
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 15 m
- To: 15.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 63
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width, just above the higher cut-off.

Evidence · table

> 70.20

Context: 0.50

### NE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-17)

silver

#### Identity

- Hole ID: NE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 64.28
- Grade Unit: g/t
- Intercept: 1 m
- From: 17.7 m
- To: 18.7 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 63
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a narrow width, just above the higher cut-off.

Evidence · table

> 64.28

Context: 1.00

### NE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-18)

silver

#### Identity

- Hole ID: NE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 63.95
- Grade Unit: g/t
- Intercept: 1 m
- From: 27 m
- To: 28 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 63
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a narrow width, just above the higher cut-off.

Evidence · table

> 63.95

Context: 1.00

### NE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-19)

silver

#### Identity

- Hole ID: NE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 250.06
- Grade Unit: g/t
- Intercept: 1.1 m
- From: 40 m
- To: 41.1 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 63
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This sub-interval shows a strong silver grade, but over a very narrow width, limiting its overall impact.

- Positive factor: Strong Grade

- Positive factor: Moderate Grade-Thickness

Evidence · table

> 250.06

Context: 1.10

### NE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-20)

silver

#### Identity

- Hole ID: NE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 65.47
- Grade Unit: g/t
- Intercept: 0.55 m
- From: 41.9 m
- To: 42.45 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 63
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width, just above the higher cut-off.

Evidence · table

> 65.47

Context: 0.55

### NE-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-21)

silver

#### Identity

- Hole ID: NE-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 143
- Grade Unit: g/t
- Intercept: 2.43 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This prose-reported intercept shows a moderate silver grade over a narrow width, contributing to the overall mineralization.

- Positive factor: Moderate Grade

Evidence · text

> 2.43m grading 143 g/t Ag

### MG-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-22)

silver

#### Identity

- Hole ID: MG-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 53.51
- Grade Unit: g/t
- Intercept: 6 m
- From: 152 m
- To: 158 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width, but supports the concept of increasing grades at depth at the Magi target.

- Positive factor: Moderate Grade-Thickness

Evidence · table

> 53.51

Context: 6.00

### MG-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-23)

silver

#### Identity

- Hole ID: MG-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 70.08
- Grade Unit: g/t
- Intercept: 1 m
- From: 156 m
- To: 157 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 63
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width, just above the higher cut-off.

Evidence · table

> 70.08

Context: 1.00

### MR-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-24)

silver

#### Identity

- Hole ID: MR-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 32.52
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 43.7 m
- To: 44 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: This intercept shows weak silver grade over a very narrow interval, just above the reporting cut-off, and is not reflective of surface samples.

Evidence · table

> 32.52

Context: 0.30

### RO-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-25)

silver

#### Identity

- Hole ID: RO-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 30
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: Drill hole reported no significant interval above the stated cut-off grade, indicating a barren or very low-grade intercept.

- Negative factor: Below Cut-off Grade

Evidence · table

> no interval above cut off

Context: 30 g/t

### RO-DDH-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-sands-reports-encouraging-initial-drill-results-at-the-virginia-project--3d3a8ffb-8beb-4d24-86b9-a7f92bc489df#fact-drill-facts-26)

silver

#### Identity

- Hole ID: RO-DDH-001
- Commodity: silver
- Ticker: MRZ

#### Geometry

- Grade: 12
- Grade Unit: g/t
- Intercept: 17 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-01-21T00:00:00.000Z

Reasoning: Drill hole intersected a wide zone of very low-grade silver, significantly below the typical reporting cut-off grade, suggesting limited economic potential for this specific interval.

- Negative factor: Below Cut-off Grade

Evidence · text

> 17m of 12 g/t

## 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.
