Aftermath Silver Berenguela & Challacollo Project Updates

Original announcement by research on

Company
Aftermath Silver Ltd.
Ticker
AAG
Exchange
TSXV
Region
Northern Chile
Primary commodity
Silver
Secondary commodities
Gold
Document categories
Resource update, Drill results, Other
Extracted
2026-10-16 16:57:24 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Aftermath Silver provided an update on work at its Berenguela and Challacollo projects. The release emphasizes ongoing drilling, geotechnical and metallurgical work, and includes a Challacollo resource table from a 2020 NI 43-101 report. No new drill assay results are reported in this document.

Reasoning: The main current event is a project update that includes a historical Challacollo resource table and ongoing drill/program progress at Berenguela and Challacollo. The resource table is the most structured technical disclosure, but its source date is older and the document mainly updates work programs rather than announcing a new estimate or new assays.

Positive factors

  • Includes a mineral resource estimate for Challacollo with Indicated and Inferred categories
  • Qualified person review and NI 43-101 technical report reference are disclosed
  • Ongoing drilling is described as testing extensions and upgrading resources

Negative factors

  • Resource table is historical (technical report dated 2020)
  • No new assays or fresh drill intercept numbers are reported in this release for Challacollo
  • Cut-off grade for the estimate is not stated in the table

Rubric flags

  • resource_update historical restatement — The Challacollo table is a historical estimate from a 2020 technical report; keep novelty low and do not treat it as a new resource announcement.
  • mining_relevant document scope — The release is primarily a project update with ongoing drilling and development work; the only extractable resource facts are from a historical table.

Facts used in scoring: 18

Classification and evidence

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The release states the Challacollo resource source is a NI 43-101 technical report, not JORC, but the estimate is explicitly NI 43-101 compliant.

Evidence · text

“NI 43-101 technical report for the Challacollo Mineral Resource Estimate”

NI 43-101 Compliantpositive

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

Why it applies: The Challacollo estimate is explicitly tied to a NI 43-101 technical report and qualified person sign-off is disclosed.

Evidence · text

“NI 43-101 technical report for the Challacollo Mineral Resource Estimate”

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: A named qualified person is disclosed and approves the release.

Evidence · text

“Qualified person Michael Parker”

Historical Estimate Onlynegative

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The resource table is sourced to a 2020 technical report and is restated in a 2026 update rather than announcing a new estimate.

Evidence · text

“announced on December 15, 2020”

No Cut-off Disclosednegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The resource table excerpt does not state a cut-off grade, limiting comparability.

Evidence · text

“Assumptions used in the MRE can be found in the NI 43-101 technical report”

Otherneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The document is mainly a project update with ongoing drilling and development work rather than fresh assay disclosure.

Evidence · text

“provide an update to the ongoing work programs”

Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

Resource Estimates (18)

indicatedChallacolloTonnes: 6640000Grade: 0.27Grade Unit: g/tContained Metal: 49Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Challacollo
Region
chile
Reported Region
Northern Chile
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Michael Parker
Resource group id
resource:aa267015e7bff8645047
Deposit or zone
TOTAL
Material type
open pit

Resource Data

Category
indicated
Tonnes
6640000
Grade
0.27
Grade Unit
g/t
Contained Metal
49
Contained Unit
koz

Prior Estimate

Resource Date
2020-12-15

Lab

Laboratory
AMC Mining Consultants (Canada) Ltd

Location

Loc. Confidence
inferred

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2020-12-15T00:00:00.000Z

Reasoning: This is the gold grade column for the Indicated TOTAL row in the Challacollo resource table.

Positive factors

  • Gold grade is disclosed alongside the silver resource
  • Indicated category and contained gold are stated

Negative factors

  • Historical estimate restated from a 2020 technical report
  • No new drilling or update to the estimate is announced here
  • Cut-off grade not disclosed in this release

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.8 years before this release

indicatedChallacolloTonnes: 5597000Grade: 0.27Grade Unit: g/tContained Metal: 49Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Challacollo
Region
chile
Reported Region
Northern Chile
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Michael Parker
Resource group id
resource:b7225b79a9c0fe67f0c7
Deposit or zone
Open Pit
Material type
open pit

Resource Data

Category
indicated
Tonnes
5597000
Grade
0.27
Grade Unit
g/t
Contained Metal
49
Contained Unit
koz

Prior Estimate

Resource Date
2020-12-15

Lab

Laboratory
AMC Mining Consultants (Canada) Ltd

Location

Loc. Confidence
inferred

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2020-12-15T00:00:00.000Z

Reasoning: This is the gold grade column for the Indicated Open Pit row.

Positive factors

  • Gold grade and contained gold are disclosed for the indicated open-pit portion

Negative factors

  • Historical estimate from 2020 technical report
  • No new resource update in this release
  • Cut-off grade not disclosed

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.8 years before this release

indicatedChallacolloTonnes: 1043000Grade: 0.29Grade Unit: g/tContained Metal: 10Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Challacollo
Region
chile
Reported Region
Northern Chile
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Michael Parker
Resource group id
resource:2210a3f359260206c0f9
Deposit or zone
Underground
Material type
underground

Resource Data

Category
indicated
Tonnes
1043000
Grade
0.29
Grade Unit
g/t
Contained Metal
10
Contained Unit
koz

Prior Estimate

Resource Date
2020-12-15

Lab

Laboratory
AMC Mining Consultants (Canada) Ltd

Location

Loc. Confidence
inferred

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2020-12-15T00:00:00.000Z

Reasoning: This is the gold grade column for the Indicated Underground row.

Positive factors

  • Gold grade and contained gold are disclosed for the underground indicated portion

Negative factors

  • Historical estimate from 2020 technical report
  • No new estimate or assay release here
  • Cut-off grade not disclosed

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.8 years before this release

inferredChallacolloTonnes: 2803000Grade: 0.17Grade Unit: g/tContained Metal: 15Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Challacollo
Region
chile
Reported Region
Northern Chile
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Michael Parker
Resource group id
resource:18fc6186fe7a8754c04e
Deposit or zone
TOTAL
Material type
open pit

Resource Data

Category
inferred
Tonnes
2803000
Grade
0.17
Grade Unit
g/t
Contained Metal
15
Contained Unit
koz

Prior Estimate

Resource Date
2020-12-15

Lab

Laboratory
AMC Mining Consultants (Canada) Ltd

Location

Loc. Confidence
inferred

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2020-12-15T00:00:00.000Z

Reasoning: This is the gold grade column for the Inferred TOTAL row.

Positive factors

  • Gold grade and contained gold are disclosed for the inferred total resource

Negative factors

  • Historical estimate from 2020 technical report
  • No new resource estimate is announced in this release
  • Cut-off grade not disclosed

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.8 years before this release

inferredChallacolloTonnes: 2360000Grade: 0.15Grade Unit: g/tContained Metal: 11Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Challacollo
Region
chile
Reported Region
Northern Chile
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Michael Parker
Resource group id
resource:5f0ea79df69706087b88
Deposit or zone
Open Pit
Material type
open pit

Resource Data

Category
inferred
Tonnes
2360000
Grade
0.15
Grade Unit
g/t
Contained Metal
11
Contained Unit
koz

Prior Estimate

Resource Date
2020-12-15

Lab

Laboratory
AMC Mining Consultants (Canada) Ltd

Location

Loc. Confidence
inferred

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2020-12-15T00:00:00.000Z

Reasoning: This is the gold grade column for the Inferred Open Pit row.

Positive factors

  • Gold grade and contained gold are disclosed for the inferred open-pit row

Negative factors

  • Historical estimate from 2020 technical report
  • No new update to the estimate
  • Cut-off grade not disclosed

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.8 years before this release

inferredChallacolloTonnes: 443000Grade: 0.26Grade Unit: g/tContained Metal: 4Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Challacollo
Region
chile
Reported Region
Northern Chile
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Michael Parker
Resource group id
resource:1e22d857a7a7a417ec65
Deposit or zone
Underground
Material type
underground

Resource Data

Category
inferred
Tonnes
443000
Grade
0.26
Grade Unit
g/t
Contained Metal
4
Contained Unit
koz

Prior Estimate

Resource Date
2020-12-15

Lab

Laboratory
AMC Mining Consultants (Canada) Ltd

Location

Loc. Confidence
inferred

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2020-12-15T00:00:00.000Z

Reasoning: This is the gold grade column for the Inferred Underground row.

Positive factors

  • Gold grade and contained gold are disclosed for the underground inferred row

Negative factors

  • Historical estimate from 2020 technical report
  • No new estimate is announced here
  • Cut-off grade not disclosed

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.8 years before this release

indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 5597000Grade: 170Grade Unit: g/tContained Metal: 30639Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
silver
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:3b41cf732f62f9767f16
Mining method
combined
Material type
Open Pit

Resource Data

Category
indicated
Tonnes
5597000
Grade
170
Grade Unit
g/t
Contained Metal
30639
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“170”

Context: 5,597

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 5597000Grade: 0.27Grade Unit: g/tContained Metal: 49Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
gold
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:3b41cf732f62f9767f16
Mining method
combined
Material type
Open Pit

Resource Data

Category
indicated
Tonnes
5597000
Grade
0.27
Grade Unit
g/t
Contained Metal
49
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.27”

Context: 5,597

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 1043000Grade: 134Grade Unit: g/tContained Metal: 4510Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
silver
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:641e6738e7e3c3e5793f
Mining method
combined
Material type
Underground

Resource Data

Category
indicated
Tonnes
1043000
Grade
134
Grade Unit
g/t
Contained Metal
4510
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“134”

Context: 1,043

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 1043000Grade: 0.29Grade Unit: g/tContained Metal: 10Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
gold
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:641e6738e7e3c3e5793f
Mining method
combined
Material type
Underground

Resource Data

Category
indicated
Tonnes
1043000
Grade
0.29
Grade Unit
g/t
Contained Metal
10
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.29”

Context: 1,043

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 6640000Grade: 165Grade Unit: g/tContained Metal: 35150Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
silver
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:6ac9c06e565904827d88
Mining method
combined

Resource Data

Category
indicated
Tonnes
6640000
Grade
165
Grade Unit
g/t
Contained Metal
35150
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“165”

Context: 6,640

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

indicatedSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 6640000Grade: 0.27Grade Unit: g/tContained Metal: 58Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
gold
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:6ac9c06e565904827d88
Mining method
combined

Resource Data

Category
indicated
Tonnes
6640000
Grade
0.27
Grade Unit
g/t
Contained Metal
58
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.27”

Context: 6,640

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 2360000Grade: 117Grade Unit: g/tContained Metal: 8912Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
silver
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:65f73468a8edc9695bd4
Mining method
combined
Material type
Open Pit

Resource Data

Category
inferred
Tonnes
2360000
Grade
117
Grade Unit
g/t
Contained Metal
8912
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“117”

Context: 2,360

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 2360000Grade: 0.15Grade Unit: g/tContained Metal: 11Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
gold
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:65f73468a8edc9695bd4
Mining method
combined
Material type
Open Pit

Resource Data

Category
inferred
Tonnes
2360000
Grade
0.15
Grade Unit
g/t
Contained Metal
11
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.15”

Context: 2,360

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 443000Grade: 157Grade Unit: g/tContained Metal: 2232Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
silver
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:ff3a55e3792b8d5258bd
Mining method
combined
Material type
Underground

Resource Data

Category
inferred
Tonnes
443000
Grade
157
Grade Unit
g/t
Contained Metal
2232
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“157”

Context: 443

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 443000Grade: 0.26Grade Unit: g/tContained Metal: 4Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
gold
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:ff3a55e3792b8d5258bd
Mining method
combined
Material type
Underground

Resource Data

Category
inferred
Tonnes
443000
Grade
0.26
Grade Unit
g/t
Contained Metal
4
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.26”

Context: 443

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silverTonnes: 2803000Grade: 124Grade Unit: g/tContained Metal: 11144Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
silver
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:4dd9ee51bcfad613667a
Mining method
combined

Resource Data

Category
inferred
Tonnes
2803000
Grade
124
Grade Unit
g/t
Contained Metal
11144
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“124”

Context: 2,803

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

inferredSummary of the Mineral Resource Estimate for the Challacollo Silver-Gold · goldTonnes: 2803000Grade: 0.17Grade Unit: g/tContained Metal: 15Contained Unit: kozView all details
Link to this fact

Identity

Project
Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold
Commodity
gold
Ticker
AAG

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
Resource group id
resource:4dd9ee51bcfad613667a
Mining method
combined

Resource Data

Category
inferred
Tonnes
2803000
Grade
0.17
Grade Unit
g/t
Contained Metal
15
Contained Unit
koz

Review

Needs Review
No
Historical
No

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“0.17”

Context: 2,803

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

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.