# Silver Mining News in British Columbia Canonical page: https://atlas-extractions.minestarters.com/news?commodities=silver®ions=canada_bc Atlas summarizes and classifies mining-industry stories from third-party publishers. Follow each source link for the original reporting. Results: 61 Returned: 10 Coverage: drill results, resource updates, and metallurgy; primary commodity matching; all time unless dates are supplied. Region: British Columbia (canada_bc) Commodity: Silver (silver) Applied filters: {"regions":["canada_bc"],"commodities":["silver"],"commodity_scope":"primary","document_types":["drill_results","resource_update","metallurgy"],"document_type_match":"any"} Sort: published_at desc Offset: 0; page size: 10 [Next page](https://atlas-extractions.minestarters.com/news.md?commodities=silver®ions=canada_bc&page=2&page_size=10) ## Contango Silver & Gold Inc. (CTGO) Discusses Kitsault Valley Project Mineral Resource Estimate Update Transcript - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/contango-silver-gold-inc-ctgo-discusses-kitsault-valley-project-mineral-resource--8d610f63-9927-4051-8040-34307431cf0b) · [Markdown](https://atlas-extractions.minestarters.com/news/contango-silver-gold-inc-ctgo-discusses-kitsault-valley-project-mineral-resource--8d610f63-9927-4051-8040-34307431cf0b.md) - Original announcement: 2026-09-23T21:59:47.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Contango Silver & Gold Inc. (CTGO) - Original source: [seekingalpha](https://seekingalpha.com/article/4949148-contango-silver-and-gold-inc-ctgo-discusses-kitsault-valley-project-mineral-resource-estimate) - Atlas sentiment: 0 - Atlas tags: None A transcript of a conference call hosted by Contango Silver & Gold Inc. regarding a mineral resource estimate update for the Kitsault Valley project in British Columbia. The provided text contains only the opening remarks and housekeeping instructions, with no technical resource data disclosed. ## Contango Announces Updated Mineral Resource Estimate for Kitsault Valley Project; Indicated Resources Increase 93% to 89.5 Million Silver Equivalent Ounces - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/contango-announces-updated-mineral-resource-estimate-for-kitsault-valley-project--448cc29f-b0ed-42ad-9988-7c0a5204480e) · [Markdown](https://atlas-extractions.minestarters.com/news/contango-announces-updated-mineral-resource-estimate-for-kitsault-valley-project--448cc29f-b0ed-42ad-9988-7c0a5204480e.md) - Original announcement: 2026-09-22T12:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Contango Silver and Gold Inc. (CTGO) - Original source: [orestocks](https://orestocks.com/company/CTGO/press-releases/6862388330510021) - Atlas sentiment: 0.645 - Atlas tags: Cut-off Disclosed, Resource Update Contango Silver and Gold Inc. announced an updated Mineral Resource Estimate for its Kitsault Valley Project in British Columbia, showing a 93% increase in Indicated silver equivalent ounces to 89.55 million ounces. The estimate, effective September 11, 2026, integrates new drilling and a revised geological interpretation, providing a stronger foundation for future economic studies. The company plans further MRE updates and an S-K 1300 Initial Assessment in 2027. ## Nicola Mining Commences First-Ever Drill Program at Treasure Mountain's MB Zone and Reports Intense Mineralization - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/nicola-mining-commences-first-ever-drill-program-at-treasure-mountain-s-mb-zone--efe0e69a-e9da-4eed-9477-539a23fc3258) · [Markdown](https://atlas-extractions.minestarters.com/news/nicola-mining-commences-first-ever-drill-program-at-treasure-mountain-s-mb-zone--efe0e69a-e9da-4eed-9477-539a23fc3258.md) - Original announcement: 2026-09-18T13:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Nicola Mining Inc. (NIM) - Original source: [orestocks](https://orestocks.com/company/NIM.V/press-releases/5745976949641198) - Atlas sentiment: 0.291 - Atlas tags: Step-Out Extension, Bonanza Intercept, QA/QC Disclosed Nicola Mining has commenced its first-ever diamond drilling program at the MB Zone of the Treasure Mountain project in British Columbia. The program targets a previously undrilled area with high-grade silver-lead-zinc-copper-gold potential, supported by encouraging historical surface sampling and visual core observations. ## Nicola Mining’s first-ever drill program at Treasure Mountain, British Columbia, intersects intense mineralization - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/nicola-mining-s-first-ever-drill-program-at-treasure-mountain-british-columbia-i--cd52e133-f72c-40ab-8a45-587258a5330a) · [Markdown](https://atlas-extractions.minestarters.com/news/nicola-mining-s-first-ever-drill-program-at-treasure-mountain-british-columbia-i--cd52e133-f72c-40ab-8a45-587258a5330a.md) - Original announcement: 2026-09-18T12:01:23.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Nicola Mining Inc. (NICM) - Original source: [resourceworld](https://resourceworld.com/nicola-minings-first-ever-drill-program-at-treasure-mountain-british-columbia-intersects-intense-mineralization/) - Atlas sentiment: 0.252 - Atlas tags: Nearology Play, No QA/QC Disclosure Nicola Mining has commenced its first-ever diamond drilling program at the Treasure Mountain project in British Columbia, targeting the MB Zone. While visual examination of the first drill core shows intense mineralization, formal assay results from AGAT Laboratories are expected by year-end. ## Equity Metals Announces a Significant Increase to the Mineral Resource Estimate at the Silver Queen Project, BC - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3) · [Markdown](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--5699a29d-3c25-44ad-8d25-0c8522778ef3.md) - Original announcement: 2026-09-16T14:40:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Equity Metals Corporation (EQTY.V) - Original source: [orestocks](https://orestocks.com/company/EQTY.V/press-releases/5611795728975550) - Atlas sentiment: 0.748 - Atlas tags: Resource Update, NI 43-101 Compliant, QP/CP Signed, Tonnage Growth, Contained Metal Growth, Inferred Heavy, Cut-off Disclosed, Metal Equivalent Transparent, Underground Mining, Epithermal Deposit Equity Metals announced a significant update to the Mineral Resource Estimate for its Silver Queen Project in British Columbia, effective September 11, 2026. The new estimate reports 3.57 Mt Indicated resources at 184 g/t Ag and 1.8 g/t Au, and 5.16 Mt Inferred resources at 104 g/t Ag and 0.7 g/t Au, representing a 3% and 169% increase in Indicated and Inferred tonnages respectively. The NI 43-101 compliant MRE incorporates new drilling, a new zone, and utilizes a C$122/t NSR cut-off with detailed economic assumptions. ## Equity Metals Announces a Significant Increase to the Mineral Resource Estimate at the Silver Queen Project, BC - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb) · [Markdown](https://atlas-extractions.minestarters.com/news/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate--b44c1595-b92e-4a3e-bc34-2bfdf2ac46eb.md) - Original announcement: 2026-09-16T13:40:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Equity Metals Corporation (EQTY) - Original source: [investingnews](https://investingnews.com/equity-metals-announces-a-significant-increase-to-the-mineral-resource-estimate-at-the-silver-queen-project-bc/) - Atlas sentiment: 0.732 - Atlas tags: Cut-off Disclosed, Resource Update Equity Metals Corporation announced a significant update to the Mineral Resource Estimate for its Silver Queen Project in British Columbia, Canada. The new estimate, effective September 11, 2026, reports 3.57 Mt of Indicated Resources and 5.16 Mt of Inferred Resources. Notably, Inferred tonnage increased by 169% from the 2022 estimate, with contained silver, gold, and zinc also showing substantial growth. The estimate is compliant with NI 43-101 and includes detailed assumptions for metal equivalents and a C$122/t NSR cut-off for underground mining. ## Contango Intersects 506 g/t AgEq over 13.90 Meters at Torbrit and 807 g/t AgEq over 4.96 Meters at North Star Infill and Expansion Drilling - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/contango-intersects-506-g-t-ageq-over-13-90-meters-at-torbrit-and-807-g-t-ageq-o--7a72fa19-a0d6-4aee-869e-573193208bd3) · [Markdown](https://atlas-extractions.minestarters.com/news/contango-intersects-506-g-t-ageq-over-13-90-meters-at-torbrit-and-807-g-t-ageq-o--7a72fa19-a0d6-4aee-869e-573193208bd3.md) - Original announcement: 2026-09-15T12:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Contango Silver and Gold Inc. (CTGO) - Original source: [orestocks](https://orestocks.com/company/CTGO/press-releases/8735982738103902) - Atlas sentiment: 0.738 - Atlas tags: Bonanza Intercept, Bonanza Intercept, Bonanza Intercept, Bonanza Intercept, Step-Out Extension, Infill Drilling, True Width Disclosed, QA/QC Disclosed Contango Silver and Gold Inc. announced high-grade silver equivalent drill results from infill and expansion drilling at its Torbrit and North Star deposits in British Columbia. Highlights include 506 g/t AgEq over 13.90 meters at Torbrit and 807 g/t AgEq over 4.96 meters at North Star. Step-out drilling successfully connected the two deposits, indicating a unified silver system and providing significant growth upside for future resource updates. ## Nicola Mining Receives Positive Silver and Gold Initial Assay Results from Red Eye Project - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/nicola-mining-receives-positive-silver-and-gold-initial-assay-results-from-red-e--0f9fe1a6-05fb-46a7-beed-0a9d24b4f5a7) · [Markdown](https://atlas-extractions.minestarters.com/news/nicola-mining-receives-positive-silver-and-gold-initial-assay-results-from-red-e--0f9fe1a6-05fb-46a7-beed-0a9d24b4f5a7.md) - Original announcement: 2026-08-31T13:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Nicola Mining Inc. (NIM) - Original source: [tmx](https://money.tmx.com/en/quote/NIM/news/7624963992146197/nicola-mining-receives-positive-silver-and-gold-initial-assay-results-from-red-e) - Atlas sentiment: 0.296 - Atlas tags: QA/QC Disclosed, Apparent Width Only, Mill Route, Gravity Route, Multi-Domain Tested Nicola Mining has released initial assay results from surface sampling of two mill feed stockpiles at the Red Eye Project. The results include a high-grade silver intercept of 4817.38 ppm in the large stockpile, though the company notes the limited sample size and surface collection method introduce uncertainty. ## Metalsource Mining Intersects High Grade Silver Hill Mineralization to 335 Metres Below Surface with 55 Metre Down Plunge Step Outs - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/metalsource-mining-intersects-high-grade-silver-hill-mineralization-to-335-metre--ef2ebb16-fcc9-4aac-be8f-01864aa20650) · [Markdown](https://atlas-extractions.minestarters.com/news/metalsource-mining-intersects-high-grade-silver-hill-mineralization-to-335-metre--ef2ebb16-fcc9-4aac-be8f-01864aa20650.md) - Original announcement: 2026-08-18T12:30:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Metalsource Mining Inc. (MSM) - Original source: [yahoo_press](https://finance.yahoo.com/markets/commodities/articles/metalsource-mining-intersects-high-grade-123000160.html) - Atlas sentiment: 0.436 - Atlas tags: Step-Out Extension Metalsource Mining has reported successful step-out drilling results at the Silver Hill project, extending mineralization by 55 metres down plunge. The drilling returned multiple intervals up to 15.3 metres wide, aimed at expanding the known resource and targeting higher-grade zones. ## Metalsource Mining Extends Strike Length of Mineralization at Silver Hill with 65m South Step Out from SH26-19 - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/metalsource-mining-extends-strike-length-of-mineralization-at-silver-hill-with-6--179f1d79-9016-45c3-8281-17fde73c1ac5) · [Markdown](https://atlas-extractions.minestarters.com/news/metalsource-mining-extends-strike-length-of-mineralization-at-silver-hill-with-6--179f1d79-9016-45c3-8281-17fde73c1ac5.md) - Original announcement: 2026-07-30T12:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Metalsource Mining Inc. (MSM) - Original source: [yahoo_press](https://finance.yahoo.com/markets/commodities/articles/metalsource-mining-extends-strike-length-120000505.html) - Atlas sentiment: 0.432 - Atlas tags: Step-Out Extension Metalsource Mining has reported a successful southern step-out at the Silver Hill project. Drill hole SH26-27 intersected approximately 15 metres of mineralization, extending the known system by 65 metres. # Atlas tag definitions - **Bonanza Intercept:** Exceptionally high-grade zone, well above the deposit-type norm. - **Metal Equivalent Opaque:** Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent. - **True Width Disclosed:** Actual thickness perpendicular to structure is stated, not just downhole length. - **Apparent Width Only:** Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. - **QA/QC Disclosed:** Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates). - **Compositing Transparent:** Cut-off grade and internal dilution rules are clearly stated for reported intervals. - **No QA/QC Disclosure:** Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Step-Out Extension:** Mineralization extended beyond the previously known limit. - **Infill Drilling:** Confirmatory drilling to raise resource confidence, not new discovery. - **Stale Data Re-release:** Historical results re-announced with no new assays or reinterpretation — low genuine novelty. - **Deleterious Elements Present:** A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Nearology Play:** Value premise rests on proximity to a known deposit rather than own results. - **Measured Resource:** Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. - **Indicated Resource:** Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. - **Proven Reserve:** Measured Resource with demonstrated economic viability after applying modifying factors. - **Probable Reserve:** Indicated Resource with demonstrated economic viability after applying modifying factors. - **Inferred Resource:** Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. - **All Inferred:** M&I share below the weak bound — very early stage, no engineering confidence. - **Tonnage Growth:** Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. - **Grade Improvement:** Average resource grade improved vs prior estimate — better deposit economics. - **Contained Metal Growth:** True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. - **Category Upgrade:** Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. - **Tonnage Decline:** Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. - **Grade Decline:** Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. - **Contained Metal Decline:** Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. - **Category Downgrade:** Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning. - **Dilutive Growth:** Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion. - **Cut-off Lowered:** Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Stale Estimate:** Effective date is >2 years old — data currency concern, may not reflect current geological understanding. - **QP/CP Signed:** 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. - **Cut-off Disclosed:** Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. - **JORC Compliant:** Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard. - **NI 43-101 Compliant:** Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard. - **Historical Estimate Only:** Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. - **No Contained Metal:** Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. - **No QP/CP Disclosure:** No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. - **Maiden Resource:** First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. - **Resource Update:** Revised estimate for an existing resource — compare to prior to assess progress. - **PEA-Supporting:** Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. - **PFS-Supporting:** Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. - **DFS-Supporting:** Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. - **High Recovery:** Recovery at or above the exceptional band for the commodity and processing route. - **Pilot Scale Complete:** Pilot or demonstration plant testing completed under continuous operation. - **Free Milling:** Simple, clean ore amenable to standard processing without oxidation. - **Multi-Domain Tested:** Variability across ore domains (oxide, transition, fresh) has been addressed. - **Recovery Improving:** Recovery improved versus a like-for-like prior test program on the same domain and route. - **Low Recovery:** Recovery below the weak band for the commodity and processing route. - **Bench Scale Only:** Only preliminary bench tests completed — no locked-cycle or pilot work. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Single Domain Only:** Testing limited to one composite or domain — representativeness not established. - **Recovery Stagnant:** No improvement across multiple test programs on comparable material. - **Theoretical Recovery Only:** Only theoretical or liberation-derived recovery reported, with no actual test result. - **Heap Leach Route:** Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. - **Mill Route:** Processing via mill or concentrator (CIL, CIP, tank leach, flotation). - **Gravity Route:** Gravity separation forms a material part of the flowsheet. - **POX/BIOX Route:** Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX. - **Byproduct Commodity:** The tested commodity is a byproduct rather than the primary economic driver. - **DFS Bankable:** AACE Class 2-1 study complete and within the staleness window. - **PFS Complete:** AACE Class 3 study complete. - **PEA Only:** Only Class 4 / Initial Assessment economics available. Not bankable. - **No Study:** No formal economic study — no engineering basis for the economics quoted. - **Stale Study:** Beyond the staleness window measured from the estimate base date. - **Inferred Heavy Feed:** Material Inferred share of LOM mill feed, or the share is undisclosed. - **Resource Governance Undisclosed:** No QA/QC, top-cut methodology or QP independence disclosed. Caps study quality at the moderate tier. - **NPV Cut vs Prior Study:** A restated study reduces NPV materially against its own predecessor on the same asset. - **High IRR:** Post-tax real unlevered IRR in the strong tier or better. - **Low IRR:** IRR below the moderate tier. - **Below Jurisdiction Hurdle:** IRR below the greenfield or brownfield hurdle for its jurisdiction tier. - **IRR Basis Undisclosed:** Real vs nominal not stated, so the tier is not comparable across studies. - **Undervalued PNAV:** Funding-adjusted P/NAV in the strong tier or better. - **Overvalued PNAV:** Funding-adjusted P/NAV in the red-flag tier. - **Fast Payback:** Payback in the strong tier or better, on the required basis. - **Slow Payback:** Payback in the weak tier or worse. - **Bottom Quartile Cost:** P0-25 of the relevant commodity cost curve. - **Top Quartile Cost:** P75-100 of the relevant commodity cost curve — first to cut in a downturn. - **Cost Basis Undisclosed:** By-product vs co-product not stated, so quartile placement is unreliable. - **Low Capital Intensity:** Below the benchmark for its project type. - **High Capital Intensity:** Above the benchmark for its project type. - **Conservative Pricing:** Conservative on the worst of the spot, 3-year and consensus comparisons. - **Aggressive Pricing:** The study only works on a stretched price deck. - **No Price Sensitivity:** No price sensitivity disclosed — treated as a deliberate signal, not a neutral gap. - **No Discount Rate Sensitivity:** Blocks NPV normalisation to the common rate without reconstruction. - **Price Deck Unstructured:** Prices given only as free text, so conservatism cannot be scored. - **Long Reserve Life:** Reserve life index in the top tier of the single ladder. - **Short Reserve Life:** Reserve life index in the critical tier. - **Resource Life Upside:** Wide gap between reserve life and resource life — conversion upside rather than discovery dependence. - **Fully Funded:** Funding coverage at or above 1.0x counting committed facilities only. - **Material Funding Gap:** Funding coverage below the substantially-funded band. - **Funding Gap Exceeds Market Cap:** Red flag regardless of headline NPV — the upside is not reachable by the current equity holder. - **Encumbered by Stream:** An existing stream or royalty reduces attributable NAV and restricts future financing. - **Stability Agreement:** Fiscal terms fixed, with a term covering the mine life. - **High Government Take:** Total government take above the regional norm as a share of pre-tax cash flow. - **Fully Permitted:** Key permits granted with no unresolved challenge. - **Permit Challenge Outstanding:** An appeal or legal challenge is unresolved, which can defer first production indefinitely. - **No Community Agreement:** Permits held but no IBA or benefit agreement — the start date is unsupported. - **Closure Underprovisioned:** Closure provision materially below peers, unfunded, or undisclosed. - **Upstream TSF:** Upstream tailings construction, which is banned in Brazil and Ecuador.