# Aftermath Silver Outlines Drill Plan for Challacollo Silver-Gold Project, Chile

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf

Original source: https://money.tmx.com/en/quote/AAG/news/4539195472253009/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile

Publisher: tmx

Original announcement: 2025-09-23T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Aftermath Silver Ltd.

- Ticker: AAG

- Exchange: TSX

- Region: Northern Chile

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Resource update, Drill results

- Extracted: 2026-09-19 09:26:53 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Aftermath Silver has announced a planned 7 to 10-hole diamond drilling program for Q4 2025 at the Challacollo silver-gold project in Chile. The program aims to expand the existing resource by testing known and suspected veins. The company also restated its existing silver-gold mineral resource estimate from November 2020.

Reasoning: The document outlines a new exploration drill plan \(high novelty for the program\) while restating a substantial existing silver-gold resource \(historical context\).

- Positive factor: Planned drilling program to expand existing resource

- Positive factor: Substantial silver resource already established

- Positive factor: Clear targets identified for upcoming Q4 2025 program

- Negative factor: Resource estimate is historical \(2020\), not new results

Facts used in scoring: 21

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The planned program aims to expand and increase the mineral resource by extending known veins.

Evidence · text

> Our objective at Challacollo is to expand and increase the mineral resource

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The resource estimate is sourced from an NI 43-101 technical report.

Evidence · text

> Source: NI 43-101 technical report

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The resource estimate effective date is 30 November 2020, which is over 4 years old.

Evidence · text

> The effective date of the estimate is 30 November 2020.

## Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-drill-facts-0)

Needs review: drill\_no\_hole\_id

#### Identity

- Region: chile
- Reported Region: chile
- Ticker: AAG

#### Classification

- Program: exploration
- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

Reasoning: Planned exploration program to test new and known targets.

- Positive factor: Targeted drilling to expand resource

Evidence · text

> Aftermath is planning an initial 7 to 10-hole diamond core program for Q4 2025

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

## Resource Estimates (20)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-1)

Challacollo · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Challacollo
- Commodity: silver
- Region: chile
- Reported Region: Northern Chile
- Ticker: AAG

#### Resource scope

- Estimate type: resource
- Effective date: 2020-11-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dinara Nussipakynova
- Resource group id: resource:5ce892bfe3194f36986c
- Deposit or zone: Challacollo
- Mining method: open\_pit
- Material type: open pit

#### Resource Data

- Category: indicated
- Tonnes: 5597000
- Grade: 170
- Grade Unit: g/t
- Contained Metal: 30639
- Contained Unit: koz
- Cutoff Grade: 35
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2020-11-30

#### Review

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

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

Reasoning: Indicated silver resource in open pit.

Evidence · table

> 170

Context: 5,597

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.8 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-2)

Challacollo · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Challacollo
- Commodity: gold
- Region: chile
- Reported Region: Northern Chile
- Ticker: AAG

#### Resource scope

- Estimate type: resource
- Effective date: 2020-11-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dinara Nussipakynova
- Resource group id: resource:5ce892bfe3194f36986c
- Deposit or zone: Challacollo
- Mining method: 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
- Cutoff Grade: 35
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2020-11-30

#### Review

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

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

Reasoning: Indicated gold resource in open pit.

Evidence · table

> 0.27

Context: 5,597

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.8 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-3)

Challacollo · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Challacollo
- Commodity: silver
- Region: chile
- Reported Region: Northern Chile
- Ticker: AAG

#### Resource scope

- Estimate type: resource
- Effective date: 2020-11-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dinara Nussipakynova
- Resource group id: resource:61954fa2973739ca51c0
- Deposit or zone: Challacollo
- Mining method: underground
- Material type: underground

#### Resource Data

- Category: indicated
- Tonnes: 1043000
- Grade: 134
- Grade Unit: g/t
- Contained Metal: 4510
- Contained Unit: koz
- Cutoff Grade: 93
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2020-11-30

#### Review

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

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

Reasoning: Indicated silver resource in underground.

Evidence · table

> 134

Context: 1,043

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.8 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-4)

Challacollo · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Challacollo
- Commodity: gold
- Region: chile
- Reported Region: Northern Chile
- Ticker: AAG

#### Resource scope

- Estimate type: resource
- Effective date: 2020-11-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dinara Nussipakynova
- Resource group id: resource:61954fa2973739ca51c0
- Deposit or zone: Challacollo
- Mining method: underground
- Material type: underground

#### Resource Data

- Category: indicated
- Tonnes: 1043000
- Grade: 0.29
- Grade Unit: g/t
- Contained Metal: 10
- Contained Unit: koz
- Cutoff Grade: 93
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2020-11-30

#### Review

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

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

Reasoning: Indicated gold resource in underground.

Evidence · table

> 0.29

Context: 1,043

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.8 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-5)

Challacollo · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Challacollo
- Commodity: silver
- Region: chile
- Reported Region: Northern Chile
- Ticker: AAG

#### Resource scope

- Estimate type: resource
- Effective date: 2020-11-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dinara Nussipakynova
- Resource group id: resource:b509cd1b5dcfcbebfd3b
- Deposit or zone: Challacollo
- Mining method: open\_pit
- Material type: open pit

#### Resource Data

- Category: inferred
- Tonnes: 2360000
- Grade: 117
- Grade Unit: g/t
- Contained Metal: 8912
- Contained Unit: koz
- Cutoff Grade: 35
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2020-11-30

#### Review

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

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

Reasoning: Inferred silver resource in open pit.

Evidence · table

> 117

Context: 2,360

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.8 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-6)

Challacollo · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Challacollo
- Commodity: gold
- Region: chile
- Reported Region: Northern Chile
- Ticker: AAG

#### Resource scope

- Estimate type: resource
- Effective date: 2020-11-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dinara Nussipakynova
- Resource group id: resource:b509cd1b5dcfcbebfd3b
- Deposit or zone: Challacollo
- Mining method: 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
- Cutoff Grade: 35
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2020-11-30

#### Review

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

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

Reasoning: Inferred gold resource in open pit.

Evidence · table

> 0.15

Context: 2,360

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.8 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-7)

Challacollo · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Challacollo
- Commodity: silver
- Region: chile
- Reported Region: Northern Chile
- Ticker: AAG

#### Resource scope

- Estimate type: resource
- Effective date: 2020-11-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dinara Nussipakynova
- Resource group id: resource:ebd4be134ca768fa3cdc
- Deposit or zone: Challacollo
- Mining method: underground
- Material type: underground

#### Resource Data

- Category: inferred
- Tonnes: 443000
- Grade: 157
- Grade Unit: g/t
- Contained Metal: 2232
- Contained Unit: koz
- Cutoff Grade: 93
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2020-11-30

#### Review

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

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

Reasoning: Inferred silver resource in underground.

Evidence · table

> 157

Context: 443

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.8 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-8)

Challacollo · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Challacollo
- Commodity: gold
- Region: chile
- Reported Region: Northern Chile
- Ticker: AAG

#### Resource scope

- Estimate type: resource
- Effective date: 2020-11-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Dinara Nussipakynova
- Resource group id: resource:ebd4be134ca768fa3cdc
- Deposit or zone: Challacollo
- Mining method: underground
- Material type: underground

#### Resource Data

- Category: inferred
- Tonnes: 443000
- Grade: 0.26
- Grade Unit: g/t
- Contained Metal: 4
- Contained Unit: koz
- Cutoff Grade: 93
- Cutoff Unit: g/t AgEq

#### Prior Estimate

- Resource Date: 2020-11-30

#### Review

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

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

Reasoning: Inferred gold resource in underground.

Evidence · table

> 0.26

Context: 443

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.8 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-9)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silver

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 170

Context: 5,597

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-10)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · gold

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.27

Context: 5,597

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-11)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silver

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 134

Context: 1,043

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-12)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · gold

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.29

Context: 1,043

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-13)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silver

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 165

Context: 6,640

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-14)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · gold

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.27

Context: 6,640

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-15)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silver

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 117

Context: 2,360

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-16)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · gold

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.15

Context: 2,360

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-17)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silver

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 157

Context: 443

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-18)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · gold

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.26

Context: 443

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-19)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · silver

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 124

Context: 2,803

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-outlines-drill-plan-for-challacollo-silver-gold-project-chile--f8e69343-2cfa-497d-a533-25345dadbfdf#fact-resource-facts-20)

Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold · gold

#### 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

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-09-23T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.17

Context: 2,803

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: 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.
