Silver X Expands Red Silver Drill Program More Than Five-Fold to 6,650 Meters Following High-Grade Channel Sampling Results

Original announcement by tmx on

Company
Silver X Mining Corp.
Ticker
AGX
Exchange
TSX
Region
Huancavelica, Peru
Primary commodity
Silver
Secondary commodities
Lead, Zinc, Gold
Document categories
Drill results, Resource update
Extracted
2026-08-20 22:26:24 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver X Mining Corp. has significantly expanded its underground diamond drill program at the Red Silver Project in Peru from 1,200 meters to 6,650 meters. This expanded program aims to grow the existing NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource to higher confidence categories, building on previously reported high-grade silver channel sampling results. The drilling will leverage existing underground infrastructure for cost-efficient execution, targeting the project's high-grade, silver-pure vein systems.

Reasoning: Silver X Mining Corp. has significantly expanded its drill program at the Red Silver Project, aiming to grow and upgrade its high-grade silver resource, which is a strong positive for the project's future, despite the current resource being predominantly inferred.

Positive factors

  • expanded_drill_program
  • high_grade_channel_samples
  • resource_upgrade_objective
  • existing_underground_infrastructure
  • qp_signoff
  • iso_certified_lab

Negative factors

  • predominantly_inferred_resource
  • production_without_reserves_caution

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 89

Atlas analysis — Silver X Mining Corp.: Silver X Expands Red Silver Drill Program More Than Five-Fold to 6,650 Meters Following High-Grade Channel Sampling Results. 497 g/t over 0.92 m; 735 g/t over 0.56 m; 396 g/t over 0.82 m

Classification and evidence

QA/QC Disclosedpositive

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

Why it applies: The release explicitly states that Silver X follows rigorous QA/QC protocols, including the use of an ISO-certified laboratory and insertion of standards, blanks, and duplicates.

Evidence · text

“Silver X follows rigorous QA/QC protocols. Drill core is geologically and geotechnically logged, cut and sampled under documented chain-of-custody procedures, and dispatched to an ISO-certified laboratory in Lima, Peru. The program includes the regular insertion of certified reference materials (standards), blanks and field duplicates.”

QP/CP Signedpositive

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: Mr. A. David Heyl, a Qualified Person under NI 43-101, has reviewed and approved the technical content of the news release.

Evidence · text

“Mr. A. David Heyl, B.Sc., C.P.G., a Qualified Person under NI 43-101, has reviewed and approved the technical content of this news release on behalf of Silver X.”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The Mineral Resources at the Red Silver Project are predominantly classified as Inferred Mineral Resources, as explicitly stated in the cautionary note and shown in the resource table.

Evidence · text

“The Mineral Resources at the Red Silver Project are predominantly classified as Inferred Mineral Resources.”

All Inferrednegative

100% of resource is Inferred category — very early stage, no engineering confidence.

Why it applies: The resource table shows 1,908,725 tonnes of Inferred Mineral Resources compared to 41,600 tonnes of Measured + Indicated, indicating a very high proportion of inferred material.

Evidence · table

“Total Inferred”

Context: 1,908,725

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The document repeatedly refers to the 'NI 43-101 Mineral Resource' and 'NI 43-101 Preliminary Economic Assessment'.

Evidence · text

“NI 43-101 Mineral Resource”

Category Upgradepositive

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: A dual objective of the drill program is to 'upgrade portions of the Inferred Resource to Measured and Indicated categories'.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”

Production Without Reservesnegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The document includes a 'Cautionary Note regarding Production without Mineral Reserves', indicating that the decision to commence production is not based on a pre-feasibility or feasibility study.

Evidence · text

“Cautionary Note regarding Production without Mineral Reserves”

Extracted facts

Stored fact records: 89. Some facts used in scoring do not have a stored record.

Drill Results (89)

Fact 1Red Silver Project · silverGrade: 735Grade Unit: g/tIntercept: 0.56 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
735
Grade Unit
g/t
Intercept
0.56 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: High-grade silver channel sample with disclosed width, but previously reported, so low novelty for this release.

Positive factors

  • high_grade
  • true_width_disclosed

Negative factors

  • historical_data

Evidence · table

“735”

Context: 0.56

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The silver grade of 735 g/t is exceptionally high for an epithermal silver deposit.

Evidence · table

“735”

Context: 0.56

True Width DisclosedRejected · positive

Actual thickness perpendicular to structure is stated, not just downhole length.

Reason: The average width of 0.56m is stated for the channel sample.

Evidence · table

“0.56”

Context: 735

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 2Red Silver Project · leadGrade: 0.45Grade Unit: %Intercept: 0.56 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.45
Grade Unit
%
Intercept
0.56 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Lead grade from historical channel sample.

Negative factors

  • historical_data

Evidence · table

“0.45”

Context: 0.56

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 3Red Silver Project · zincGrade: 0.73Grade Unit: %Intercept: 0.56 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.73
Grade Unit
%
Intercept
0.56 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Zinc grade from historical channel sample.

Negative factors

  • historical_data

Evidence · table

“0.73”

Context: 0.56

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 4Red Silver Project · silverGrade: 649Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
649
Grade Unit
g/t
Intercept
0.5 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: High-grade silver channel sample with disclosed width, but previously reported, so low novelty for this release.

Positive factors

  • high_grade
  • true_width_disclosed

Negative factors

  • historical_data

Evidence · table

“649”

Context: 0.50

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The silver grade of 649 g/t is exceptionally high for an epithermal silver deposit.

Evidence · table

“649”

Context: 0.50

True Width DisclosedRejected · positive

Actual thickness perpendicular to structure is stated, not just downhole length.

Reason: The average width of 0.50m is stated for the channel sample.

Evidence · table

“0.50”

Context: 649

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 5Red Silver Project · leadGrade: 0.4Grade Unit: %Intercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.4
Grade Unit
%
Intercept
0.5 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Lead grade from historical channel sample.

Negative factors

  • historical_data

Evidence · table

“0.40”

Context: 0.50

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 6Red Silver Project · zincGrade: 0.69Grade Unit: %Intercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.69
Grade Unit
%
Intercept
0.5 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Zinc grade from historical channel sample.

Negative factors

  • historical_data

Evidence · table

“0.69”

Context: 0.50

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 7Red Silver Project · silverGrade: 497Grade Unit: g/tIntercept: 0.92 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
497
Grade Unit
g/t
Intercept
0.92 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: High-grade silver channel sample with disclosed width, but previously reported, so low novelty for this release.

Positive factors

  • high_grade
  • true_width_disclosed

Negative factors

  • historical_data

Evidence · table

“497”

Context: 0.92

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The silver grade of 497 g/t is exceptionally high for an epithermal silver deposit.

Evidence · table

“497”

Context: 0.92

True Width DisclosedRejected · positive

Actual thickness perpendicular to structure is stated, not just downhole length.

Reason: The average width of 0.92m is stated for the channel sample.

Evidence · table

“0.92”

Context: 497

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 8Red Silver Project · leadGrade: 0.3Grade Unit: %Intercept: 0.92 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.3
Grade Unit
%
Intercept
0.92 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Lead grade from historical channel sample.

Negative factors

  • historical_data

Evidence · table

“0.30”

Context: 0.92

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 9Red Silver Project · zincGrade: 0.64Grade Unit: %Intercept: 0.92 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.64
Grade Unit
%
Intercept
0.92 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Zinc grade from historical channel sample.

Negative factors

  • historical_data

Evidence · table

“0.64”

Context: 0.92

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 10Red Silver Project · silverGrade: 396Grade Unit: g/tIntercept: 0.82 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
396
Grade Unit
g/t
Intercept
0.82 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: High-grade silver channel sample with disclosed width, but previously reported, so low novelty for this release.

Positive factors

  • high_grade
  • true_width_disclosed

Negative factors

  • historical_data

Evidence · table

“396”

Context: 0.82

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

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

Reason: The silver grade of 396 g/t is exceptionally high for an epithermal silver deposit.

Evidence · table

“396”

Context: 0.82

True Width DisclosedRejected · positive

Actual thickness perpendicular to structure is stated, not just downhole length.

Reason: The average width of 0.82m is stated for the channel sample.

Evidence · table

“0.82”

Context: 396

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 11Red Silver Project · leadGrade: 0.48Grade Unit: %Intercept: 0.82 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.48
Grade Unit
%
Intercept
0.82 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Lead grade from historical channel sample.

Negative factors

  • historical_data

Evidence · table

“0.48”

Context: 0.82

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 12Red Silver Project · zincGrade: 1.98Grade Unit: %Intercept: 0.82 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
1.98
Grade Unit
%
Intercept
0.82 m

Classification

Deposit Type
epithermal
Sample Type
channel
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-13T00:00:00.000Z

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Zinc grade from historical channel sample.

Negative factors

  • historical_data

Evidence · table

“1.98”

Context: 0.82

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Historical Estimate OnlyRejected · negative · Story-specific tag

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Reason: Channel sampling results were previously reported on January 13, 2026.

Evidence · text

“previously reported January 13, 2026”
Fact 13Red Silver Project · silverGrade: 800.92Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
800.92
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: High-grade silver in the inferred category, part of the existing resource.

Positive factors

  • high_grade

Negative factors

  • inferred_resource

Evidence · table

“800.92”

Context: 832,650

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 832,650

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: A Qualified Person has reviewed and approved the technical content.

Evidence · text

“Mr. A. David Heyl, B.Sc., C.P.G., a Qualified Person under NI 43-101, has reviewed and approved the technical content”
Fact 14Red Silver Project · leadGrade: 0.41Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.41
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Lead grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.41”

Context: 832,650

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 832,650

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 15Red Silver Project · zincGrade: 0.67Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.67
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Zinc grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.67”

Context: 832,650

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 832,650

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 16Red Silver Project · goldGrade: 0.02Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
gold
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.02
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace gold grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.02”

Context: 832,650

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 832,650

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 17Red Silver Project · silverGrade: 209.95Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
209.95
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Silver grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“209.95”

Context: 32,500

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 32,500

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 18Red Silver Project · leadGrade: 0.08Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.08
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace lead grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.08”

Context: 32,500

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 32,500

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 19Red Silver Project · zincGrade: 0.19Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.19
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace zinc grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.19”

Context: 32,500

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 32,500

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 20Red Silver Project · goldGrade: 0.01Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
gold
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.01
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace gold grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.01”

Context: 32,500

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 32,500

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 21Red Silver Project · silverGrade: 195.95Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
195.95
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Silver grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“195.95”

Context: 475,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 475,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 22Red Silver Project · leadGrade: 0.05Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.05
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace lead grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.05”

Context: 475,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 475,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 23Red Silver Project · zincGrade: 0.14Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.14
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace zinc grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.14”

Context: 475,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 475,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 24Red Silver Project · goldGrade: 0Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
gold
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace gold grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.00”

Context: 475,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 475,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 25Red Silver Project · silverGrade: 1839.15Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
1839.15
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Bonanza-grade silver in the inferred category, part of the existing resource.

Positive factors

  • bonanza_grade

Negative factors

  • inferred_resource

Evidence · table

“1839.15”

Context: 178,425

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 178,425

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 26Red Silver Project · leadGrade: 0.59Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.59
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Lead grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.59”

Context: 178,425

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 178,425

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 27Red Silver Project · zincGrade: 0.77Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.77
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Zinc grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.77”

Context: 178,425

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 178,425

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 28Red Silver Project · goldGrade: 0.04Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
gold
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.04
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace gold grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.04”

Context: 178,425

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 178,425

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 29Red Silver Project · silverGrade: 651.93Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
651.93
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: High-grade silver in the inferred category, part of the existing resource.

Positive factors

  • high_grade

Negative factors

  • inferred_resource

Evidence · table

“651.93”

Context: 32,500

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 32,500

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 30Red Silver Project · leadGrade: 0.25Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.25
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Lead grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.25”

Context: 32,500

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 32,500

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 31Red Silver Project · zincGrade: 0.18Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.18
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace zinc grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.18”

Context: 32,500

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 32,500

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 32Red Silver Project · goldGrade: 0.02Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
gold
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.02
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace gold grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.02”

Context: 32,500

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 32,500

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 33Red Silver Project · silverGrade: 74.96Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
74.96
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Silver grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“74.96”

Context: 356,850

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 356,850

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 34Red Silver Project · leadGrade: 0.05Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.05
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace lead grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.05”

Context: 356,850

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 356,850

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 35Red Silver Project · zincGrade: 0.1Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.1
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace zinc grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.10”

Context: 356,850

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 356,850

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 36Red Silver Project · goldGrade: 0Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
gold
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace gold grade in the inferred category, part of the existing resource.

Negative factors

  • inferred_resource

Evidence · table

“0.00”

Context: 356,850

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 356,850

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 37Red Silver Project · silverGrade: 496.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
496.1
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: High-grade silver in the inferred category, representing the total inferred resource, which is predominantly inferred.

Positive factors

  • high_grade

Negative factors

  • inferred_resource
  • all_inferred

Evidence · table

“496.10”

Context: 1,908,725

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 1,908,725

All InferredRejected · negative · Story-specific tag

100% of resource is Inferred category — very early stage, no engineering confidence.

Reason: The total inferred resource is 1,908,725 tonnes, while M&I is only 41,600 tonnes, indicating a predominantly inferred resource.

Evidence · table

“Total Inferred”

Context: 1,908,725

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 38Red Silver Project · leadGrade: 0.21Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.21
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Lead grade in the inferred category, representing the total inferred resource.

Negative factors

  • inferred_resource
  • all_inferred

Evidence · table

“0.21”

Context: 1,908,725

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 1,908,725

All InferredRejected · negative · Story-specific tag

100% of resource is Inferred category — very early stage, no engineering confidence.

Reason: The total inferred resource is 1,908,725 tonnes, while M&I is only 41,600 tonnes, indicating a predominantly inferred resource.

Evidence · table

“Total Inferred”

Context: 1,908,725

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 39Red Silver Project · zincGrade: 0.34Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.34
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Zinc grade in the inferred category, representing the total inferred resource.

Negative factors

  • inferred_resource
  • all_inferred

Evidence · table

“0.34”

Context: 1,908,725

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 1,908,725

All InferredRejected · negative · Story-specific tag

100% of resource is Inferred category — very early stage, no engineering confidence.

Reason: The total inferred resource is 1,908,725 tonnes, while M&I is only 41,600 tonnes, indicating a predominantly inferred resource.

Evidence · table

“Total Inferred”

Context: 1,908,725

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 40Red Silver Project · goldGrade: 0.01Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
gold
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.01
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace gold grade in the inferred category, representing the total inferred resource.

Negative factors

  • inferred_resource
  • all_inferred

Evidence · table

“0.01”

Context: 1,908,725

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Inferred ResourceRejected · negative · Story-specific tag

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Reason: The resource is classified as Inferred Mineral Resource.

Evidence · table

“Inferred”

Context: 1,908,725

All InferredRejected · negative · Story-specific tag

100% of resource is Inferred category — very early stage, no engineering confidence.

Reason: The total inferred resource is 1,908,725 tonnes, while M&I is only 41,600 tonnes, indicating a predominantly inferred resource.

Evidence · table

“Total Inferred”

Context: 1,908,725

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 41Red Silver Project · silverGrade: 496.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
496.1
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: High-grade silver in the measured category, part of the existing resource.

Positive factors

  • high_grade
  • measured_resource

Evidence · table

“496.10”

Context: 20,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Measured ResourceRejected · positive · Story-specific tag

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Reason: The resource is classified as Measured Mineral Resource.

Evidence · table

“Measured”

Context: 20,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: A Qualified Person has reviewed and approved the technical content.

Evidence · text

“Mr. A. David Heyl, B.Sc., C.P.G., a Qualified Person under NI 43-101, has reviewed and approved the technical content”
Fact 42Red Silver Project · leadGrade: 0.21Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.21
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Lead grade in the measured category, part of the existing resource.

Positive factors

  • measured_resource

Evidence · table

“0.21”

Context: 20,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Measured ResourceRejected · positive · Story-specific tag

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Reason: The resource is classified as Measured Mineral Resource.

Evidence · table

“Measured”

Context: 20,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 43Red Silver Project · zincGrade: 0.34Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.34
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Zinc grade in the measured category, part of the existing resource.

Positive factors

  • measured_resource

Evidence · table

“0.34”

Context: 20,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Measured ResourceRejected · positive · Story-specific tag

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Reason: The resource is classified as Measured Mineral Resource.

Evidence · table

“Measured”

Context: 20,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 44Red Silver Project · goldGrade: 0.01Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
gold
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.01
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace gold grade in the measured category, part of the existing resource.

Positive factors

  • measured_resource

Evidence · table

“0.01”

Context: 20,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Measured ResourceRejected · positive · Story-specific tag

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Reason: The resource is classified as Measured Mineral Resource.

Evidence · table

“Measured”

Context: 20,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 45Red Silver Project · silverGrade: 496.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
496.1
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: High-grade silver in the indicated category, part of the existing resource.

Positive factors

  • high_grade
  • indicated_resource

Evidence · table

“496.10”

Context: 20,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Indicated ResourceRejected · positive · Story-specific tag

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Reason: The resource is classified as Indicated Mineral Resource.

Evidence · table

“Indicated”

Context: 20,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: A Qualified Person has reviewed and approved the technical content.

Evidence · text

“Mr. A. David Heyl, B.Sc., C.P.G., a Qualified Person under NI 43-101, has reviewed and approved the technical content”
Fact 46Red Silver Project · leadGrade: 0.21Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.21
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Lead grade in the indicated category, part of the existing resource.

Positive factors

  • indicated_resource

Evidence · table

“0.21”

Context: 20,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Indicated ResourceRejected · positive · Story-specific tag

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Reason: The resource is classified as Indicated Mineral Resource.

Evidence · table

“Indicated”

Context: 20,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 47Red Silver Project · zincGrade: 0.34Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.34
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Zinc grade in the indicated category, part of the existing resource.

Positive factors

  • indicated_resource

Evidence · table

“0.34”

Context: 20,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Indicated ResourceRejected · positive · Story-specific tag

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Reason: The resource is classified as Indicated Mineral Resource.

Evidence · table

“Indicated”

Context: 20,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 48Red Silver Project · goldGrade: 0.01Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
gold
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.01
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace gold grade in the indicated category, part of the existing resource.

Positive factors

  • indicated_resource

Evidence · table

“0.01”

Context: 20,800

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Indicated ResourceRejected · positive · Story-specific tag

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Reason: The resource is classified as Indicated Mineral Resource.

Evidence · table

“Indicated”

Context: 20,800

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 49Red Silver Project · silverGrade: 496.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
silver
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
496.1
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: High-grade silver in the combined Measured + Indicated category, part of the existing resource.

Positive factors

  • high_grade
  • indicated_resource

Evidence · table

“496.10”

Context: 41,600

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Indicated ResourceRejected · positive · Story-specific tag

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Reason: The resource is classified as Indicated Mineral Resource (as per rule for combined M&I).

Evidence · table

“M&I”

Context: 41,600

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”

QP/CP SignedRejected · positive · Story-specific tag

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.

Reason: A Qualified Person has reviewed and approved the technical content.

Evidence · text

“Mr. A. David Heyl, B.Sc., C.P.G., a Qualified Person under NI 43-101, has reviewed and approved the technical content”
Fact 50Red Silver Project · leadGrade: 0.21Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
lead
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.21
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Lead grade in the combined Measured + Indicated category, part of the existing resource.

Positive factors

  • indicated_resource

Evidence · table

“0.21”

Context: 41,600

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Indicated ResourceRejected · positive · Story-specific tag

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Reason: The resource is classified as Indicated Mineral Resource (as per rule for combined M&I).

Evidence · table

“M&I”

Context: 41,600

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 51Red Silver Project · zincGrade: 0.34Grade Unit: %View all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
zinc
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.34
Grade Unit
%

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Zinc grade in the combined Measured + Indicated category, part of the existing resource.

Positive factors

  • indicated_resource

Evidence · table

“0.34”

Context: 41,600

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Indicated ResourceRejected · positive · Story-specific tag

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Reason: The resource is classified as Indicated Mineral Resource (as per rule for combined M&I).

Evidence · table

“M&I”

Context: 41,600

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
Fact 52Red Silver Project · goldGrade: 0.01Grade Unit: g/tView all details
Link to this fact

Identity

Project
Red Silver Project
Commodity
gold
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Grade
0.01
Grade Unit
g/t

Classification

Deposit Type
epithermal
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Trace gold grade in the combined Measured + Indicated category, part of the existing resource.

Positive factors

  • indicated_resource

Evidence · table

“0.01”

Context: 41,600

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Indicated ResourceRejected · positive · Story-specific tag

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Reason: The resource is classified as Indicated Mineral Resource (as per rule for combined M&I).

Evidence · table

“M&I”

Context: 41,600

NI 43-101 CompliantRejected · positive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Reason: The resource is reported as NI 43-101 compliant.

Evidence · text

“NI 43-101 Mineral Resource”
DDH-ML-01Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-01
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
65 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“65”

Context: DDH-ML-01

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-02Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-02
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
75 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“75”

Context: DDH-ML-02

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-03Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-03
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
120 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“120”

Context: DDH-ML-03

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-04Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-04
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
120 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“120”

Context: DDH-ML-04

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-05Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-05
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
95 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“95”

Context: DDH-ML-05

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-06Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-06
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
90 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“90”

Context: DDH-ML-06

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-07Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-07
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
90 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“90”

Context: DDH-ML-07

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-08Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-08
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
90 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“90”

Context: DDH-ML-08

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-09Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-09
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
90 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“90”

Context: DDH-ML-09

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-10Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-10
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
75 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“75”

Context: DDH-ML-10

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-11Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-11
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
50 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“50”

Context: DDH-ML-11

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-12Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-12
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
50 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“50”

Context: DDH-ML-12

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-13Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
DDH-ML-13
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
60 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“60”

Context: DDH-ML-13

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
DDH-ML-14Red Silver ProjectHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DDH-ML-14
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
45 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective

Evidence · table

“45”

Context: DDH-ML-14

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Silvia_01Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Silvia_01
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
350 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“350”

Context: Silvia_01

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Silvia_02Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Silvia_02
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
350 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“350”

Context: Silvia_02

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Silvia_03Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Silvia_03
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
450 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“450”

Context: Silvia_03

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Larissa_01Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Larissa_01
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
280 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“280”

Context: Larissa_01

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Larissa_02Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Larissa_02
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
350 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“350”

Context: Larissa_02

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Larissa_03Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Larissa_03
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
380 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“380”

Context: Larissa_03

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Larissa_04Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Larissa_04
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
340 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“340”

Context: Larissa_04

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Milagrosa_01Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Milagrosa_01
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
115 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“115”

Context: Milagrosa_01

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Milagrosa_02Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Milagrosa_02
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
100 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“100”

Context: Milagrosa_02

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Milagrosa_03Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Milagrosa_03
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
100 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“100”

Context: Milagrosa_03

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Milagrosa_04Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Milagrosa_04
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
100 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“100”

Context: Milagrosa_04

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Mariela_01Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Mariela_01
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
230 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“230”

Context: Mariela_01

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Mariela_02Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Mariela_02
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
230 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“230”

Context: Mariela_02

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Luz_01Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Luz_01
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
400 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“400”

Context: Luz_01

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Luz_02Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Luz_02
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
260 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“260”

Context: Luz_02

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Luz_03Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Luz_03
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
280 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“280”

Context: Luz_03

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Luz_04Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Luz_04
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
330 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“330”

Context: Luz_04

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
MJ_01Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
MJ_01
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
120 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“120”

Context: MJ_01

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
MJ_02Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
MJ_02
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
100 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“100”

Context: MJ_02

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
MJ_03Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
MJ_03
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
200 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“200”

Context: MJ_03

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
MJ_04Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
MJ_04
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
320 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“320”

Context: MJ_04

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Rossana_01Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Rossana_01
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
60 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“60”

Context: Rossana_01

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”
Rossana_02Red Silver ProjectView all details
Link to this fact

Identity

Hole ID
Rossana_02
Project
Red Silver Project
Region
peru
Reported Region
Huancavelica, Peru
Ticker
AGX

Geometry

Hole Depth
90 m

Classification

Deposit Type
epithermal
Program
resource
Mining Method
underground

QA/QC

Laboratory
ISO-certified laboratory in Lima, Peru
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
2026-07-22T00:00:00.000Z

Reasoning: Planned drill hole as part of the expanded program to grow and upgrade the resource, including step-out and infill drilling.

Positive factors

  • part_of_expanded_program
  • resource_expansion_objective
  • step_out_extension
  • infill_drilling

Evidence · table

“90”

Context: Rossana_02

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase II of the drill program includes infill drilling.

Evidence · text

“Phase II - Resource Expansion and Infill Drilling”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Phase II of the drill program extends drilling beyond the current resource area.

Evidence · text

“Phase II extends drilling beyond the current resource area”

Resource UpdateRejected · neutral · Story-specific tag

Revised estimate for an existing resource — compare to prior to assess progress.

Reason: The drill program aims to grow the current Mineral Resource and upgrade portions of the Inferred Resource.

Evidence · text

“grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource”

Category UpgradeRejected · positive · Story-specific tag

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Reason: The drill program aims to upgrade portions of the Inferred Resource to Measured and Indicated categories.

Evidence · text

“upgrade portions of the Inferred Resource to Measured and Indicated categories”

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.