# Silver X Extends Blenda Rubia Mineralization 160 Metres Below Historic Workings; Intersects High-Grade Silver Within Broad Multi-Vein Zone

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb

Original source: https://money.tmx.com/en/quote/AGX/news/8131776773824025/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings-

Publisher: tmx

Original announcement: 2026-01-26T12:35:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Silver X Mining Corp.

- Ticker: AGX

- Exchange: TSX

- Region: central Peru

- Primary commodity: Silver

- Secondary commodities: Lead, Zinc

- Document categories: Drill results, Other

- Extracted: 2026-08-21 02:51:32 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: extension of mineralization 160m below historic workings

- Positive factor: high-grade silver intercept \(505 g/t\)

- Positive factor: broad multi-vein zone \(27.4m true width\)

- Positive factor: step-out drilling success to the west

- Positive factor: proximity to existing processing infrastructure

Facts used in scoring: 12

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: 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 Intercept**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-0)

Blenda Rubia · silver

#### 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 factor: confirms down-dip continuity

- Positive factor: mineable width

### BR-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-1)

Blenda Rubia · lead

#### 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 factor: polymetallic nature

### BR-001

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-2)

Blenda Rubia · zinc

#### 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-002

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-3)

Blenda Rubia · silver

#### 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 factor: higher grade than BR-001

- Positive factor: suggests metal enrichment with depth

- Negative factor: narrow intercept

### BR-002

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-4)

Blenda Rubia · lead

#### 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-002

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-5)

Blenda Rubia · zinc

#### 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-003

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-6)

Blenda Rubia · silver

#### 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 factor: Bonanza Intercept

- Positive factor: high-grade core

### BR-003

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-7)

Blenda Rubia · lead

#### 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-003

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-8)

Blenda Rubia · zinc

#### 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-003

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-9)

Blenda Rubia · silver

#### 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 factor: broad mineralized interval

- Positive factor: scale potential

### BR-003

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-10)

Blenda Rubia · lead

#### 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-003

[Link to this fact](https://atlas-staging.minestarters.com/news/silver-x-extends-blenda-rubia-mineralization-160-metres-below-historic-workings--7b84fca7-341a-429a-b447-daae9e269dcb#fact-drill-facts-11)

Blenda Rubia · zinc

#### 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.
