# Silver X Expands Red Silver Drill Program More Than Five-Fold to 6,650 Meters Following High-Grade Channel Sampling Results Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5 Original source: https://money.tmx.com/en/quote/AGX/news/5629042836675045/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo Publisher: tmx Original announcement: 2026-07-22T11:35:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: expanded\_drill\_program - Positive factor: high\_grade\_channel\_samples - Positive factor: resource\_upgrade\_objective - Positive factor: existing\_underground\_infrastructure - Positive factor: qp\_signoff - Positive factor: iso\_certified\_lab - Negative factor: predominantly\_inferred\_resource - Negative factor: production\_without\_reserves\_caution Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 89 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release 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 Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: 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 Resource** Polarity: negative Definition: 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 Inferred** Polarity: negative Definition: 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 Compliant** Polarity: positive Definition: 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 Upgrade** Polarity: positive Definition: 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 Reserves** Polarity: negative Story-specific tag Definition: 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 1 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-0) Red Silver Project · silver Historical result Needs review: historical\_restatement #### 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 factor: high\_grade - Positive factor: true\_width\_disclosed - Negative factor: historical\_data Evidence · table > 735 Context: 0.56 #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Disclosed** — Rejected; excluded from scoring Polarity: positive Definition: 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 Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 2 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-1) Red Silver Project · lead Historical result Needs review: historical\_restatement #### 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 factor: historical\_data Evidence · table > 0.45 Context: 0.56 #### Rejected tags **Historical Estimate Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 3 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-2) Red Silver Project · zinc Historical result Needs review: historical\_restatement #### 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 factor: historical\_data Evidence · table > 0.73 Context: 0.56 #### Rejected tags **Historical Estimate Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 4 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-3) Red Silver Project · silver Historical result Needs review: historical\_restatement #### 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 factor: high\_grade - Positive factor: true\_width\_disclosed - Negative factor: historical\_data Evidence · table > 649 Context: 0.50 #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Disclosed** — Rejected; excluded from scoring Polarity: positive Definition: 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 Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 5 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-4) Red Silver Project · lead Historical result Needs review: historical\_restatement #### 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 factor: historical\_data Evidence · table > 0.40 Context: 0.50 #### Rejected tags **Historical Estimate Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 6 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-5) Red Silver Project · zinc Historical result Needs review: historical\_restatement #### 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 factor: historical\_data Evidence · table > 0.69 Context: 0.50 #### Rejected tags **Historical Estimate Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 7 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-6) Red Silver Project · silver Historical result Needs review: historical\_restatement #### 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 factor: high\_grade - Positive factor: true\_width\_disclosed - Negative factor: historical\_data Evidence · table > 497 Context: 0.92 #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Disclosed** — Rejected; excluded from scoring Polarity: positive Definition: 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 Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 8 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-7) Red Silver Project · lead Historical result Needs review: historical\_restatement #### 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 factor: historical\_data Evidence · table > 0.30 Context: 0.92 #### Rejected tags **Historical Estimate Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 9 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-8) Red Silver Project · zinc Historical result Needs review: historical\_restatement #### 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 factor: historical\_data Evidence · table > 0.64 Context: 0.92 #### Rejected tags **Historical Estimate Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 10 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-9) Red Silver Project · silver Historical result Needs review: historical\_restatement #### 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 factor: high\_grade - Positive factor: true\_width\_disclosed - Negative factor: historical\_data Evidence · table > 396 Context: 0.82 #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: 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 Disclosed** — Rejected; excluded from scoring Polarity: positive Definition: 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 Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 11 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-10) Red Silver Project · lead Historical result Needs review: historical\_restatement #### 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 factor: historical\_data Evidence · table > 0.48 Context: 0.82 #### Rejected tags **Historical Estimate Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 12 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-11) Red Silver Project · zinc Historical result Needs review: historical\_restatement #### 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 factor: historical\_data Evidence · table > 1.98 Context: 0.82 #### Rejected tags **Historical Estimate Only** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 13 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-12) Red Silver Project · silver #### 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 factor: high\_grade - Negative factor: inferred\_resource Evidence · table > 800.92 Context: 832,650 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Signed** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. 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 14 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-13) Red Silver Project · lead #### 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 factor: inferred\_resource Evidence · table > 0.41 Context: 832,650 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 15 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-14) Red Silver Project · zinc #### 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 factor: inferred\_resource Evidence · table > 0.67 Context: 832,650 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 16 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-15) Red Silver Project · gold #### 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 factor: inferred\_resource Evidence · table > 0.02 Context: 832,650 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 17 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-16) Red Silver Project · silver #### 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 factor: inferred\_resource Evidence · table > 209.95 Context: 32,500 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 18 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-17) Red Silver Project · lead #### 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 factor: inferred\_resource Evidence · table > 0.08 Context: 32,500 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 19 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-18) Red Silver Project · zinc #### 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 factor: inferred\_resource Evidence · table > 0.19 Context: 32,500 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 20 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-19) Red Silver Project · gold #### 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 factor: inferred\_resource Evidence · table > 0.01 Context: 32,500 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 21 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-20) Red Silver Project · silver #### 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 factor: inferred\_resource Evidence · table > 195.95 Context: 475,800 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 22 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-21) Red Silver Project · lead #### 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 factor: inferred\_resource Evidence · table > 0.05 Context: 475,800 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 23 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-22) Red Silver Project · zinc #### 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 factor: inferred\_resource Evidence · table > 0.14 Context: 475,800 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 24 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-23) Red Silver Project · gold #### 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 factor: inferred\_resource Evidence · table > 0.00 Context: 475,800 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 25 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-24) Red Silver Project · silver #### 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 factor: bonanza\_grade - Negative factor: inferred\_resource Evidence · table > 1839.15 Context: 178,425 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 26 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-25) Red Silver Project · lead #### 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 factor: inferred\_resource Evidence · table > 0.59 Context: 178,425 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 27 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-26) Red Silver Project · zinc #### 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 factor: inferred\_resource Evidence · table > 0.77 Context: 178,425 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 28 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-27) Red Silver Project · gold #### 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 factor: inferred\_resource Evidence · table > 0.04 Context: 178,425 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 29 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-28) Red Silver Project · silver #### 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 factor: high\_grade - Negative factor: inferred\_resource Evidence · table > 651.93 Context: 32,500 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 30 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-29) Red Silver Project · lead #### 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 factor: inferred\_resource Evidence · table > 0.25 Context: 32,500 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 31 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-30) Red Silver Project · zinc #### 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 factor: inferred\_resource Evidence · table > 0.18 Context: 32,500 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 32 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-31) Red Silver Project · gold #### 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 factor: inferred\_resource Evidence · table > 0.02 Context: 32,500 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 33 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-32) Red Silver Project · silver #### 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 factor: inferred\_resource Evidence · table > 74.96 Context: 356,850 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 34 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-33) Red Silver Project · lead #### 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 factor: inferred\_resource Evidence · table > 0.05 Context: 356,850 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 35 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-34) Red Silver Project · zinc #### 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 factor: inferred\_resource Evidence · table > 0.10 Context: 356,850 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 36 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-35) Red Silver Project · gold #### 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 factor: inferred\_resource Evidence · table > 0.00 Context: 356,850 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 37 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-36) Red Silver Project · silver #### 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 factor: high\_grade - Negative factor: inferred\_resource - Negative factor: all\_inferred Evidence · table > 496.10 Context: 1,908,725 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Inferred** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 38 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-37) Red Silver Project · lead #### 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 factor: inferred\_resource - Negative factor: all\_inferred Evidence · table > 0.21 Context: 1,908,725 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Inferred** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 39 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-38) Red Silver Project · zinc #### 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 factor: inferred\_resource - Negative factor: all\_inferred Evidence · table > 0.34 Context: 1,908,725 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Inferred** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 40 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-39) Red Silver Project · gold #### 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 factor: inferred\_resource - Negative factor: all\_inferred Evidence · table > 0.01 Context: 1,908,725 #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Inferred** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 41 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-40) Red Silver Project · silver #### 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 factor: high\_grade - Positive factor: measured\_resource Evidence · table > 496.10 Context: 20,800 #### Rejected tags **Measured Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Signed** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. 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 42 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-41) Red Silver Project · lead #### 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 factor: measured\_resource Evidence · table > 0.21 Context: 20,800 #### Rejected tags **Measured Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 43 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-42) Red Silver Project · zinc #### 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 factor: measured\_resource Evidence · table > 0.34 Context: 20,800 #### Rejected tags **Measured Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 44 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-43) Red Silver Project · gold #### 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 factor: measured\_resource Evidence · table > 0.01 Context: 20,800 #### Rejected tags **Measured Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 45 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-44) Red Silver Project · silver #### 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 factor: high\_grade - Positive factor: indicated\_resource Evidence · table > 496.10 Context: 20,800 #### Rejected tags **Indicated Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Signed** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. 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 46 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-45) Red Silver Project · lead #### 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 factor: indicated\_resource Evidence · table > 0.21 Context: 20,800 #### Rejected tags **Indicated Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 47 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-46) Red Silver Project · zinc #### 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 factor: indicated\_resource Evidence · table > 0.34 Context: 20,800 #### Rejected tags **Indicated Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 48 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-47) Red Silver Project · gold #### 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 factor: indicated\_resource Evidence · table > 0.01 Context: 20,800 #### Rejected tags **Indicated Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 49 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-48) Red Silver Project · silver #### 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 factor: high\_grade - Positive factor: indicated\_resource Evidence · table > 496.10 Context: 41,600 #### Rejected tags **Indicated Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Signed** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. 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 50 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-49) Red Silver Project · lead #### 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 factor: indicated\_resource Evidence · table > 0.21 Context: 41,600 #### Rejected tags **Indicated Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 51 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-50) Red Silver Project · zinc #### 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 factor: indicated\_resource Evidence · table > 0.34 Context: 41,600 #### Rejected tags **Indicated Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 52 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-51) Red Silver Project · gold #### 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 factor: indicated\_resource Evidence · table > 0.01 Context: 41,600 #### Rejected tags **Indicated Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-01 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-52) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 65 Context: DDH-ML-01 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-02 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-53) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 75 Context: DDH-ML-02 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-03 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-54) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 120 Context: DDH-ML-03 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-04 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-55) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 120 Context: DDH-ML-04 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-05 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-56) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 95 Context: DDH-ML-05 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-06 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-57) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 90 Context: DDH-ML-06 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-07 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-58) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 90 Context: DDH-ML-07 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-08 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-59) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 90 Context: DDH-ML-08 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-09 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-60) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 90 Context: DDH-ML-09 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-10 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-61) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 75 Context: DDH-ML-10 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-11 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-62) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 50 Context: DDH-ML-11 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-12 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-63) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 50 Context: DDH-ML-12 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-13 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-64) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 60 Context: DDH-ML-13 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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-14 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-65) Red Silver Project Historical result Needs review: historical\_restatement #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective Evidence · table > 45 Context: DDH-ML-14 #### Rejected tags **Resource Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_01 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-66) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 350 Context: Silvia\_01 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_02 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-67) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 350 Context: Silvia\_02 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_03 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-68) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 450 Context: Silvia\_03 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_01 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-69) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 280 Context: Larissa\_01 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_02 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-70) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 350 Context: Larissa\_02 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_03 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-71) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 380 Context: Larissa\_03 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_04 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-72) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 340 Context: Larissa\_04 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_01 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-73) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 115 Context: Milagrosa\_01 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_02 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-74) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 100 Context: Milagrosa\_02 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_03 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-75) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 100 Context: Milagrosa\_03 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_04 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-76) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 100 Context: Milagrosa\_04 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_01 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-77) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 230 Context: Mariela\_01 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_02 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-78) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 230 Context: Mariela\_02 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_01 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-79) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 400 Context: Luz\_01 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_02 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-80) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 260 Context: Luz\_02 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_03 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-81) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 280 Context: Luz\_03 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_04 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-82) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 330 Context: Luz\_04 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_01 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-83) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 120 Context: MJ\_01 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_02 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-84) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 100 Context: MJ\_02 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_03 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-85) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 200 Context: MJ\_03 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_04 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-86) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 320 Context: MJ\_04 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_01 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-87) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 60 Context: Rossana\_01 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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\_02 [Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-expands-red-silver-drill-program-more-than-five-fold-to-6-650-meters-fo--154269ad-9c2b-488e-be47-27bd72638cc5#fact-drill-facts-88) Red Silver Project #### 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 factor: part\_of\_expanded\_program - Positive factor: resource\_expansion\_objective - Positive factor: step\_out\_extension - Positive factor: infill\_drilling Evidence · table > 90 Context: Rossana\_02 #### Tags used in scoring **Infill Drilling** Polarity: neutral Definition: 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 **Step-Out Extension** — Rejected; excluded from scoring Polarity: positive Definition: 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 Update** — Rejected; excluded from scoring Polarity: neutral Story-specific tag Definition: 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 Upgrade** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: 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.