Silver47 Auger Program Confirms 2.74 Moz Silver Equivalent Tailings Resource at Surface, Hughes Project, Nevada

Original announcement by tmx on

Company
Silver47 Exploration
Ticker
AGA
Exchange
TSX
Region
Nevada
Primary commodity
Silver
Secondary commodities
Gold
Document categories
Resource update, Drill results, Metallurgy
Extracted
2026-08-20 22:21:38 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver47 Exploration announced results from a 21-hole auger drill program at its Hughes Project in Nevada, confirming a 2.74 Moz silver equivalent inferred resource in tailings. All holes showed continuous silver-gold mineralization from surface to the base of the tailings, with an average thickness of 3.3 meters. Modern metallurgical testing is underway to determine recovery and process parameters for potential reprocessing of the tailings.

Reasoning: Silver47 Exploration confirmed a 2.74 Moz silver equivalent inferred resource at surface from tailings, supported by an auger drill program showing consistent mineralization. Ongoing metallurgical testwork aims to evaluate the economic feasibility of reprocessing, indicating potential for low-cost domestic silver production.

Positive factors

  • confirmed_inferred_resource
  • consistent_mineralization_across_impoundment
  • surface_resource
  • private_land_access
  • metallurgical_testwork_underway_for_economic_evaluation

Negative factors

  • resource_is_inferred_only
  • metallurgical_results_not_yet_available

Facts used in scoring: 46

Atlas analysis — Silver47 Exploration: Silver47 Auger Program Confirms 2.74 Moz Silver Equivalent Tailings Resource at Surface, Hughes Project, Nevada. inferred 1260000 tonnes

Classification and evidence

Resource Updateneutral

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

Why it applies: The document confirms a 2.74 Moz Silver Equivalent Tailings Resource, indicating an update or re-confirmation of a previously established resource.

Evidence · text

“Confirms 2.74 Moz Silver Equivalent Tailings Resource at Surface”

Inferred Resourcenegative

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

Why it applies: The mineral resource is explicitly stated as 'inferred mineral resource'.

Evidence · text

“an inferred mineral resource of 1.8 Moz silver and 11 koz gold”

All Inferrednegative

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

Why it applies: The resource is described as 'an inferred mineral resource' without mention of Measured or Indicated categories, implying 100% inferred.

Evidence · text

“an inferred mineral resource of 1.8 Moz silver and 11 koz gold”

QP/CP Signedpositive

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

Why it applies: Galen McNamara, P. Geo., is named as a 'qualified person' who reviewed and approved the technical content.

Evidence · text

“Galen McNamara, P. Geo., the CEO of the Company and a "qualified person" as defined by National Instrument 43-101- Standards of Disclosure for Mineral Projects”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is explicitly stated to be in a '43-101 Technical Report'.

Evidence · text

“43-101 Technical Report available at www.sedarplus.ca”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The document does not explicitly state a cut-off grade for the reported 1.26 Mt inferred resource.

Evidence · text

“an inferred mineral resource of 1.8 Moz silver and 11 koz gold (44 g/t Ag and 0.3 g/t Au, or 68 g/t AgEq*) within approximately 1.26 Mt”

QA/QC Disclosedpositive

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

Why it applies: The release includes a dedicated section titled 'Analytical and QA/QC Procedures' detailing the lab and methods.

Evidence · text

“Analytical and QA/QC Procedures Samples were sent to Florin Analytical Laboratories”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: Metallurgical testwork includes 'agitated cyanide leach tests' and 'CIL testing', which are typical mill processing routes.

Evidence · text

“agitated cyanide leach tests at current grind size, regrinding to two finer sizes with kinetic sampling, and CIL testing at the optimal grind”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The metallurgical testwork described ('agitated cyanide leach tests', 'kinetic sampling', 'CIL testing') appears to be at the bench scale, with no mention of locked-cycle or pilot plant tests.

Evidence · text

“agitated cyanide leach tests at current grind size, regrinding to two finer sizes with kinetic sampling, and CIL testing at the optimal grind”

Consistent Mineralizationpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The auger program confirmed 'consistent mineralization across the entire impoundment' with 'all 21 auger holes returned silver-gold mineralization continuously from surface to the base of the tailings'.

Evidence · text

“All 21 auger holes returned silver-gold mineralization continuously from surface to the base of the tailings, over an average thickness of 3.3 m - demonstrating consistent mineralization across the entire impoundment.”

Extracted facts

Stored fact records: 46. Some facts used in scoring do not have a stored record.

Resource Estimates (46)

inferredHughes Project · silverTonnes: 1260000Grade: 44Grade Unit: g/tContained Metal: 1.8Contained Unit: mozView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Category
inferred
Tonnes
1260000
Grade
44
Grade Unit
g/t
Contained Metal
1.8
Contained Unit
moz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: An inferred silver resource of 1.8 Moz at 44 g/t Ag, part of a 2.74 Moz AgEq resource, has been confirmed for tailings at surface, providing a potential low-disturbance source on private land, though it is entirely in the inferred category.

Positive factors

  • confirmed_resource
  • surface_resource
  • private_land_access
  • ni_43_101_compliant
  • qp_signed

Negative factors

  • inferred_resource_only
  • cutoff_undisclosed

Evidence · text

“an inferred mineral resource of 1.8 Moz silver and 11 koz gold (44 g/t Ag and 0.3 g/t Au, or 68 g/t AgEq*) within approximately 1.26 Mt”
inferredHughes Project · goldTonnes: 1260000Grade: 0.3Grade Unit: g/tContained Metal: 11Contained Unit: kozView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Category
inferred
Tonnes
1260000
Grade
0.3
Grade Unit
g/t
Contained Metal
11
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: An inferred gold resource of 11 koz at 0.3 g/t Au has been confirmed for tailings at surface, contributing to the overall silver equivalent resource, though it is entirely in the inferred category.

Positive factors

  • confirmed_resource
  • surface_resource
  • private_land_access
  • ni_43_101_compliant
  • qp_signed

Negative factors

  • inferred_resource_only
  • cutoff_undisclosed

Evidence · text

“an inferred mineral resource of 1.8 Moz silver and 11 koz gold (44 g/t Ag and 0.3 g/t Au, or 68 g/t AgEq*) within approximately 1.26 Mt”
inferredHughes Project · silverContained Metal: 2.74Contained Unit: moz AgEqView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Category
inferred
Contained Metal
2.74
Contained Unit
moz AgEq

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: A 2.74 Moz silver equivalent inferred resource has been confirmed for tailings at surface, providing a potential low-disturbance source on private land, though it is entirely in the inferred category.

Positive factors

  • confirmed_resource
  • surface_resource
  • private_land_access
  • ni_43_101_compliant
  • qp_signed

Negative factors

  • inferred_resource_only
  • cutoff_undisclosed

Evidence · text

“Confirms 2.74 Moz Silver Equivalent Tailings Resource at Surface”
Fact 4Hughes Project · silverView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Modern metallurgical testing is ongoing, including agitated cyanide leach and CIL tests, to evaluate recovery and process efficiency for the tailings, which is crucial for economic evaluation.

Positive factors

  • modern_metallurgical_testing
  • evaluating_recovery_and_efficiency

Negative factors

  • results_not_yet_available
  • bench_scale_only

Evidence · text

“Modern metallurgical testing is ongoing, including agitated cyanide leach tests at current grind size, regrinding to two finer sizes with kinetic sampling, and CIL testing at the optimal grind to evaluate recovery, carbon loading, and process efficiency.”
Fact 5Hughes Project · silverGrade: 29Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
29
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481398
Northing
4213649
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-01 returned 2.15m at 29 g/t Ag (49 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“29”

Context: BH26-01

Fact 6Hughes Project · goldGrade: 0.22Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.22
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481398
Northing
4213649
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-01 returned 2.15m at 0.22 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.22”

Context: BH26-01

Fact 7Hughes Project · silverGrade: 36Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
36
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481445
Northing
4213841
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-02 returned 1.65m at 36 g/t Ag (58 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“36”

Context: BH26-02

Fact 8Hughes Project · goldGrade: 0.24Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.24
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481445
Northing
4213841
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-02 returned 1.65m at 0.24 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.24”

Context: BH26-02

Fact 9Hughes Project · silverGrade: 33Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
33
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481577
Northing
4213892
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-03 returned 2.00m at 33 g/t Ag (64 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“33”

Context: BH26-03

Fact 10Hughes Project · goldGrade: 0.34Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.34
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481577
Northing
4213892
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-03 returned 2.00m at 0.34 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.34”

Context: BH26-03

Fact 11Hughes Project · silverGrade: 24Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
24
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481691
Northing
4213980
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-04 returned 1.43m at 24 g/t Ag (53 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“24”

Context: BH26-04

Fact 12Hughes Project · goldGrade: 0.32Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.32
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481691
Northing
4213980
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-04 returned 1.43m at 0.32 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.32”

Context: BH26-04

Fact 13Hughes Project · silverGrade: 28Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
28
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481820
Northing
4214029
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-05 returned 1.05m at 28 g/t Ag (60 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“28”

Context: BH26-05

Fact 14Hughes Project · goldGrade: 0.35Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.35
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481820
Northing
4214029
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-05 returned 1.05m at 0.35 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.35”

Context: BH26-05

Fact 15Hughes Project · silverGrade: 24Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
24
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481860
Northing
4214140
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-06 returned 1.65m at 24 g/t Ag (58 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“24”

Context: BH26-06

Fact 16Hughes Project · goldGrade: 0.38Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.38
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481860
Northing
4214140
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-06 returned 1.65m at 0.38 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.38”

Context: BH26-06

Fact 17Hughes Project · silverGrade: 39Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
39
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482509
Northing
4213983
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-07 returned 1.97m at 39 g/t Ag (71 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“39”

Context: BH26-07

Fact 18Hughes Project · goldGrade: 0.36Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.36
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482509
Northing
4213983
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-07 returned 1.97m at 0.36 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.36”

Context: BH26-07

Fact 19Hughes Project · silverGrade: 45Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
45
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482265
Northing
4214070
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-08 returned 1.85m at 45 g/t Ag (73 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“45”

Context: BH26-08

Fact 20Hughes Project · goldGrade: 0.31Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.31
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482265
Northing
4214070
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-08 returned 1.85m at 0.31 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.31”

Context: BH26-08

Fact 21Hughes Project · silverGrade: 58Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
58
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482403
Northing
4213979
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-09 returned 2.85m at 58 g/t Ag (86 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“58”

Context: BH26-09

Fact 22Hughes Project · goldGrade: 0.31Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.31
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482403
Northing
4213979
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-09 returned 2.85m at 0.31 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.31”

Context: BH26-09

Fact 23Hughes Project · silverGrade: 30Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
30
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482318
Northing
4213984
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-10 returned 4.50m at 30 g/t Ag (52 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“30”

Context: BH26-10

Fact 24Hughes Project · goldGrade: 0.24Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.24
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482318
Northing
4213984
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-10 returned 4.50m at 0.24 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.24”

Context: BH26-10

Fact 25Hughes Project · silverGrade: 55Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
55
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482316
Northing
4213891
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-11 returned 5.50m at 55 g/t Ag (85 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“55”

Context: BH26-11

Fact 26Hughes Project · goldGrade: 0.33Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.33
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482316
Northing
4213891
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-11 returned 5.50m at 0.33 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.33”

Context: BH26-11

Fact 27Hughes Project · silverGrade: 38Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
38
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482185
Northing
4213926
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-12 returned 5.75m at 38 g/t Ag (62 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“38”

Context: BH26-12

Fact 28Hughes Project · goldGrade: 0.27Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.27
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482185
Northing
4213926
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-12 returned 5.75m at 0.27 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.27”

Context: BH26-12

Fact 29Hughes Project · silverGrade: 46Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
46
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482033
Northing
4213988
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-13 returned 4.50m at 46 g/t Ag (74 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“46”

Context: BH26-13

Fact 30Hughes Project · goldGrade: 0.31Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.31
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482033
Northing
4213988
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-13 returned 4.50m at 0.31 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.31”

Context: BH26-13

Fact 31Hughes Project · silverGrade: 39Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
39
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482041
Northing
4213801
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-14 returned 3.70m at 39 g/t Ag (62 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“39”

Context: BH26-14

Fact 32Hughes Project · goldGrade: 0.25Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.25
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
482041
Northing
4213801
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-14 returned 3.70m at 0.25 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.25”

Context: BH26-14

Fact 33Hughes Project · silverGrade: 48Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
48
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481944
Northing
4213802
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-15 returned 5.10m at 48 g/t Ag (71 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“48”

Context: BH26-15

Fact 34Hughes Project · goldGrade: 0.25Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.25
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481944
Northing
4213802
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-15 returned 5.10m at 0.25 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.25”

Context: BH26-15

Fact 35Hughes Project · silverGrade: 30Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
30
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481944
Northing
4213985
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-16 returned 3.75m at 30 g/t Ag (53 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“30”

Context: BH26-16

Fact 36Hughes Project · goldGrade: 0.25Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.25
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481944
Northing
4213985
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-16 returned 3.75m at 0.25 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.25”

Context: BH26-16

Fact 37Hughes Project · silverGrade: 28Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
28
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481854
Northing
4213893
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-17 returned 2.00m at 28 g/t Ag (49 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“28”

Context: BH26-17

Fact 38Hughes Project · goldGrade: 0.23Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.23
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481854
Northing
4213893
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-17 returned 2.00m at 0.23 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.23”

Context: BH26-17

Fact 39Hughes Project · silverGrade: 34Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
34
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481668
Northing
4213801
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-18 returned 3.75m at 34 g/t Ag (64 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“34”

Context: BH26-18

Fact 40Hughes Project · goldGrade: 0.33Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.33
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481668
Northing
4213801
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-18 returned 3.75m at 0.33 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.33”

Context: BH26-18

Fact 41Hughes Project · silverGrade: 43Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
43
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481670
Northing
4213702
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-19 returned 4.95m at 43 g/t Ag (70 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“43”

Context: BH26-19

Fact 42Hughes Project · goldGrade: 0.29Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.29
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481670
Northing
4213702
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-19 returned 4.95m at 0.29 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.29”

Context: BH26-19

Fact 43Hughes Project · silverGrade: 36Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
36
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481535
Northing
4213751
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-20 returned 5.65m at 36 g/t Ag (61 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“36”

Context: BH26-20

Fact 44Hughes Project · goldGrade: 0.28Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.28
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481535
Northing
4213751
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-20 returned 5.65m at 0.28 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.28”

Context: BH26-20

Fact 45Hughes Project · silverGrade: 28Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
silver
Ticker
AGA

Resource Data

Grade
28
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481991
Northing
4214116
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-21 returned 2.85m at 28 g/t Ag (61 g/t AgEq), confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“28”

Context: BH26-21

Fact 46Hughes Project · goldGrade: 0.37Grade Unit: g/tView all details
Link to this fact

Identity

Project
Hughes Project
Commodity
gold
Ticker
AGA

Resource Data

Grade
0.37
Grade Unit
g/t

Lab

Laboratory
Florin Analytical Laboratories

Location

Easting
481991
Northing
4214116
CRS
NAD27
Loc. Confidence
high

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-21T00:00:00.000Z

Reasoning: Auger hole BH26-21 returned 2.85m at 0.37 g/t Au, confirming consistent mineralization from surface in the tailings resource.

Positive factors

  • consistent_mineralization
  • surface_resource

Evidence · table

“0.37”

Context: BH26-21

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.