Silver X Extends Blenda Rubia Mineralization 160 Metres Below Historic Workings; Intersects High-Grade Silver Within Broad Multi-Vein Zone
Original announcement by tmx on
- Company
- Silver X Mining Corp.
- Ticker
- AGX
- Exchange
- TSX
- Region
- central Peru
- Primary commodity
- Silver
- Secondary commodities
- Lead, Zinc
- Document categories
- Drill results, Other
- Extracted
- 2026-08-21 02:51:32 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Silver X has successfully extended silver-polymetallic mineralization up to 160 metres below the historic Blenda Rubia mine workings. The deep exploration program intersected a broad 27.4m true width multi-vein zone, including a high-grade 3.0m silver core at 505 g/t Ag.
Reasoning: The drill results successfully extend known mineralization significantly below historic levels, intersecting high-grade silver and a broad, structurally robust multi-vein zone that suggests significant scale potential.
Positive factors
- extension of mineralization 160m below historic workings
- high-grade silver intercept (505 g/t)
- broad multi-vein zone (27.4m true width)
- step-out drilling success to the west
- proximity to existing processing infrastructure
Facts used in scoring: 12
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Hole BR-003 represents a step-out to the west and delivered significant results.
Evidence · text
“Drill hole BR-003 represents a step-out to the west”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 3.0m at 505 g/t Ag is exceptionally high grade for a silver system.
Evidence · text
“high-grade core of 3.0 metres averaging 505 g/t Ag”
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: The release explicitly provides true widths for all reported intercepts.
Evidence · text
“Summary of Initial Deep Drill Results Below Historic Level 210 at Blenda Rubia (True Widths)”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions ISO-certified lab, standards, blanks, and duplicates.
Evidence · text
“The program includes the regular insertion of certified reference materials (standards), blanks, and field duplicates”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
BR-001Blenda Rubia · silverGrade: 98Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- BR-001
- Project
- Blenda Rubia
- Commodity
- silver
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 98
- Grade Unit
- g/t
- Intercept
- 2 m
- True Width
- 2 m
- From
- 260.4 m
- To
- 265 m
Classification
- Sample Type
- drill
- Group ID
- BR-001:260.4-265.0
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Intercept confirms continuity of the vein system below historic levels at a mineable width.
Positive factors
- confirms down-dip continuity
- mineable width
BR-001Blenda Rubia · leadGrade: 1.25Grade Unit: %Intercept: 2 mView all detailsHide details
Identity
- Hole ID
- BR-001
- Project
- Blenda Rubia
- Commodity
- lead
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 1.25
- Grade Unit
- %
- Intercept
- 2 m
- True Width
- 2 m
- From
- 260.4 m
- To
- 265 m
Classification
- Sample Type
- drill
- Group ID
- BR-001:260.4-265.0
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Lead credits accompany the silver mineralization.
Positive factors
- polymetallic nature
BR-001Blenda Rubia · zincGrade: 0.04Grade Unit: %Intercept: 2 mView all detailsHide details
Identity
- Hole ID
- BR-001
- Project
- Blenda Rubia
- Commodity
- zinc
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 0.04
- Grade Unit
- %
- Intercept
- 2 m
- True Width
- 2 m
- From
- 260.4 m
- To
- 265 m
Classification
- Sample Type
- drill
- Group ID
- BR-001:260.4-265.0
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Trace zinc present.
BR-002Blenda Rubia · silverGrade: 123Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- BR-002
- Project
- Blenda Rubia
- Commodity
- silver
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 123
- Grade Unit
- g/t
- Intercept
- 1 m
- True Width
- 1 m
- From
- 366.2 m
- To
- 368.4 m
Classification
- Sample Type
- drill
- Group ID
- BR-002:366.2-368.4
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Higher grade than previous hole suggests enrichment at depth.
Positive factors
- higher grade than BR-001
- suggests metal enrichment with depth
Negative factors
- narrow intercept
BR-002Blenda Rubia · leadGrade: 0.95Grade Unit: %Intercept: 1 mView all detailsHide details
Identity
- Hole ID
- BR-002
- Project
- Blenda Rubia
- Commodity
- lead
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 0.95
- Grade Unit
- %
- Intercept
- 1 m
- True Width
- 1 m
- From
- 366.2 m
- To
- 368.4 m
Classification
- Sample Type
- drill
- Group ID
- BR-002:366.2-368.4
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Lead credits present.
BR-002Blenda Rubia · zincGrade: 0.02Grade Unit: %Intercept: 1 mView all detailsHide details
Identity
- Hole ID
- BR-002
- Project
- Blenda Rubia
- Commodity
- zinc
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 0.02
- Grade Unit
- %
- Intercept
- 1 m
- True Width
- 1 m
- From
- 366.2 m
- To
- 368.4 m
Classification
- Sample Type
- drill
- Group ID
- BR-002:366.2-368.4
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Trace zinc.
BR-003Blenda Rubia · silverGrade: 505Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- BR-003
- Project
- Blenda Rubia
- Commodity
- silver
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 505
- Grade Unit
- g/t
- Intercept
- 3 m
- True Width
- 3 m
- From
- 187.7 m
- To
- 193.7 m
Classification
- Sample Type
- drill
- Group ID
- BR-003:187.7-193.7
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Exceptional silver grade of 505 g/t over 3m true width.
Positive factors
- Bonanza Intercept
- high-grade core
BR-003Blenda Rubia · leadGrade: 4.16Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- BR-003
- Project
- Blenda Rubia
- Commodity
- lead
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 4.16
- Grade Unit
- %
- Intercept
- 3 m
- True Width
- 3 m
- From
- 187.7 m
- To
- 193.7 m
Classification
- Sample Type
- drill
- Group ID
- BR-003:187.7-193.7
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Strong lead credits in high-grade silver zone.
BR-003Blenda Rubia · zincGrade: 0.49Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- BR-003
- Project
- Blenda Rubia
- Commodity
- zinc
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 0.49
- Grade Unit
- %
- Intercept
- 3 m
- True Width
- 3 m
- From
- 187.7 m
- To
- 193.7 m
Classification
- Sample Type
- drill
- Group ID
- BR-003:187.7-193.7
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Zinc credits present.
BR-003Blenda Rubia · silverGrade: 28.1Grade Unit: g/tIntercept: 24.4 mView all detailsHide details
Identity
- Hole ID
- BR-003
- Project
- Blenda Rubia
- Commodity
- silver
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 28.1
- Grade Unit
- g/t
- Intercept
- 24.4 m
- True Width
- 24.4 m
Classification
- Sample Type
- drill
- Group ID
- BR-003:broad_zone
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Wide 24.4m true width zone provides significant scale potential.
Positive factors
- broad mineralized interval
- scale potential
BR-003Blenda Rubia · leadGrade: 0.36Grade Unit: %Intercept: 24.4 mView all detailsHide details
Identity
- Hole ID
- BR-003
- Project
- Blenda Rubia
- Commodity
- lead
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 0.36
- Grade Unit
- %
- Intercept
- 24.4 m
- True Width
- 24.4 m
Classification
- Sample Type
- drill
- Group ID
- BR-003:broad_zone
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Lead credits in broad zone.
BR-003Blenda Rubia · zincGrade: 0.09Grade Unit: %Intercept: 24.4 mView all detailsHide details
Identity
- Hole ID
- BR-003
- Project
- Blenda Rubia
- Commodity
- zinc
- Region
- peru
- Reported Region
- central Peru
- Ticker
- AGX
Geometry
- Grade
- 0.09
- Grade Unit
- %
- Intercept
- 24.4 m
- True Width
- 24.4 m
Classification
- Sample Type
- drill
- Group ID
- BR-003:broad_zone
- Mining Method
- underground
QA/QC
- 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
- 2026-01-26T00:00:00.000Z
Reasoning: Trace zinc in broad zone.
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.