# Zacatecas Silver Receives Drill Permit for El Cristo, Supporting 2026 Drill Program Aimed at Increasing Existing Silver Resource at the Zacatecas Silver Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/zacatecas-silver-receives-drill-permit-for-el-cristo-supporting-2026-drill-progr--46cdcc5d-7082-4729-a6ab-8ab4c3e93abf

Original source: https://money.tmx.com/en/quote/ZAC/news/4780388939236570/zacatecas-silver-receives-drill-permit-for-el-cristo-supporting-2026-drill-progr

Publisher: tmx

Original announcement: 2026-03-16T10:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Zacatecas Silver Corp.

- Ticker: ZAC

- Exchange: TSX

- Region: Zacatecas State, Mexico

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Permitting, Resource update

- Extracted: 2026-08-24 18:39:56 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Zacatecas Silver has received a drill permit from Mexico's SEMARNAT for the El Cristo vein system. This permit supports a 4,000-metre 2026 drill program aimed at expanding the existing Panuco silver resource and potentially defining a maiden resource at El Cristo.

Reasoning: The receipt of a drill permit for a priority target \(El Cristo\) is a key regulatory milestone that enables the upcoming 2026 exploration campaign.

- Positive factor: drill permit received for El Cristo

- Positive factor: existing silver resource at Panuco

- Positive factor: fully financed 2026 drill program

Facts used in scoring: 4

## Classification and evidence

**Inferred Resource**

Polarity: negative

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

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

Evidence · text

> current inferred mineral resource of 20.5 million ounces of silver equivalent at the Panuco vein

**Bonanza Intercept**

Polarity: positive

Story-specific tag

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

Why it applies: The 829 g/t AgEq intercept is exceptionally high for an epithermal silver system.

Evidence · text

> 0.65 m @ 829 g/t AgEq in Hole CRI-2022-005

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## 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.