Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Strong Grades Directly From Surface 750 Metres Beyond Resource

Original announcement by orestocks on

Company
Axo Metals Corp.
Ticker
AXO.V
Exchange
Unavailable
Region
Sonora, Mexico
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-14 11:57:56 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Axo Metals announced drill results from its San Antonio project in Sonora, Mexico, highlighting a significant step-out intercept of 46.5 metres grading 1.43 g/t gold from surface, located 750 metres east of the Sapuchi resource. Another high-grade intercept of 18.0 metres at 8.15 g/t gold was reported from the Sapuchi deposit. The program, comprising 29 holes for 5,000 metres, aims for resource growth and confidence upgrade, with all drill core assays processed by ALS Chemex under NI 43-101 compliant QA/QC protocols.

Reasoning: The announcement reports strong gold intercepts, including a bonanza-grade result and a significant step-out success, indicating substantial resource growth potential and high novelty. The extensive QA/QC disclosure and clear strategic objectives further support a positive interpretation, despite the lack of true width disclosure for vertical holes.

Positive factors

  • High-grade gold intercept (8.15 g/t Au over 18.0 m) in SOSAP-26-039, significantly above the exceptional threshold for gold.
  • Significant step-out drilling success (SOSAP-26-048) extending mineralization 750m beyond the known resource, indicating potential for resource growth.
  • Multiple long intercepts with moderate to strong gold grades (e.g., 75.0 m at 0.87 g/t Au, 47.1 m at 1.16 g/t Au), suggesting bulk-tonnage potential.
  • Drilling directly from surface for several intercepts, which is favorable for open-pit mining scenarios.
  • Clear QA/QC disclosure, including certified lab and QP sign-off, enhancing data credibility.
  • Strategic intent to convert waste to resource and upgrade confidence in the Sapuchi deposit, alongside exploration for new zones.

Negative factors

  • All reported drill holes are vertical (-90 degree dip), which can lead to overestimation of true width if mineralization is also vertical or steeply dipping, and true width is not stated.
  • Trenching results, while positive, are noted as preliminary and not verified by an independent, certified commercial laboratory, reducing confidence in those specific numbers.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 70

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: Hole SOSAP-26-039 returned 8.15 g/t Au over 18.0 metres, which is well above the exceptional threshold for gold (5 g/t Au).

Evidence · text

“SOSAP-26-039 which assayed 8.15g/t Au over 18.0 metres”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Hole SOSAP-26-048 extended mineralization 750 metres beyond the existing resource boundary at the Luz del Cobre target.

Evidence · text

“SOSAP-26-048, which returned 46.5 metres grading 1.43gpt Au of oxide mineralization directly from surface, was collared approximately 750 metres outside the Sapuchi resource boundary, to the east.”

QA/QC Disclosedpositive

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

Why it applies: The release includes a dedicated 'Procedure, Quality Assurance / Quality Control and Data Verification' section detailing QA/QC procedures, certified lab usage, and QP sign-off.

Evidence · text

“Quality assurance and quality control ("QA/QC") procedures monitor the chain-of-custody of the samples and include the systematic insertion and monitoring of appropriate reference materials (certified reference materials, blanks and duplicates) into the sample strings.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: All drill holes are reported with downhole lengths and a vertical dip (-90 degrees) but no true width is stated, which may overstate the true thickness of mineralization.

Evidence · table

“-90”

Context: Dip

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The Sapuchi drill program aims to target opportunities to convert areas within the block model that were previously considered as waste, in addition to upgrading resource confidence.

Evidence · text

“The goal of the Sapuchi drill program is to target opportunities to convert areas within the block model that were previously considered as waste, in addition to upgrading resource confidence.”

Extracted facts

Stored fact records: 70. Some facts used in scoring do not have a stored record.

Drill Results (70)

SOSAP-26-048San Antonio · goldGrade: 1.43Grade Unit: g/tIntercept: 46.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-048
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.43
Grade Unit
g/t
Intercept
46.5 m
From
0 m
To
46.5 m
Hole Depth
110 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-048:0-46.5
Mining Method
open_pit

Location

Location
Luz del Cobre target
Easting
633019
Northing
3168129.9
Elevation
521.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept represents a significant step-out from the known resource with good grade and width from surface, indicating strong exploration success and potential for resource expansion. The oxide nature is also a positive for processing.

Positive factors

  • Strong gold grade (1.43 g/t Au) for a bulk-tonnage open-pit target.
  • Significant intercept length (46.5 m) directly from surface, favorable for open-pit mining.
  • Located 750m outside the existing resource, representing a significant step-out and potential resource expansion.
  • Oxide mineralization, which is generally easier and cheaper to process.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated, which may overstate the true thickness of mineralization.

Evidence · text

“SOSAP-26-048, which returned 46.5 metres grading 1.43gpt Au of oxide mineralization directly from surface”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-039San Antonio · goldGrade: 8.15Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-039
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
8.15
Grade Unit
g/t
Intercept
18 m
From
18 m
To
36 m
Hole Depth
180 m
Intercept Depth
18 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-039:18-36
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631777.7
Northing
3167828.3
Elevation
653.7 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This is a bonanza-grade gold intercept over a good width, indicating very high-quality mineralization within the Sapuchi resource area. The shallow depth and oxide nature are also highly positive.

Positive factors

  • Exceptional gold grade (8.15 g/t Au), well above the bonanza threshold for gold.
  • Good intercept length (18.0 m) for such high grade, indicating significant mineralization.
  • Shallow depth (from 18 m downhole) and entirely oxide mineralization, favorable for potential open-pit mining.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated, which may overstate the true thickness of mineralization.

Evidence · text

“SOSAP-26-039 which assayed 8.15g/t Au over 18.0 metres from only 18 metres down the hole at Sapuchi.”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-027San Antonio · goldGrade: 1.16Grade Unit: g/tIntercept: 47.1 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-027
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.16
Grade Unit
g/t
Intercept
47.1 m
From
13 m
To
60.2 m
Hole Depth
215 m
Intercept Depth
13 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-027:13-60.2
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631744.5
Northing
3167877.8
Elevation
702.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows good grade and significant width at shallow depth within the Sapuchi resource, contributing positively to resource confidence and potential open-pit development.

Positive factors

  • Strong gold grade (1.16 g/t Au) over a significant width (47.1 m), indicating good bulk-tonnage potential.
  • Shallow depth (from 13 m downhole) with majority oxide mineralization, favorable for open-pit mining.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated, which may overstate the true thickness of mineralization.

Evidence · text

“SOSAP-26-027 which assayed 1.16g/t Au over 47.1 metres from 13 metres down the hole at Sapuchi”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-025San Antonio · goldGrade: 0.87Grade Unit: g/tIntercept: 75 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-025
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.87
Grade Unit
g/t
Intercept
75 m
From
0 m
To
75 m
Hole Depth
174 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-025:0-75
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631839.4
Northing
3167921.8
Elevation
679.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This long intercept from surface with moderate gold grades is highly material for potential open-pit development and resource definition within the Sapuchi area.

Positive factors

  • Significant intercept length (75.0 m) directly from surface, indicating a large mineralized body amenable to open-pit mining.
  • Moderate gold grade (0.87 g/t Au) over this width, contributing to bulk-tonnage potential.
  • Majority oxide mineralization, favorable for processing.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated, which may overstate the true thickness of mineralization.

Evidence · text

“SOSAP-26-025 which assayed 0.87g/t Au over 75.0 metres from surface at Sapuchi”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-028San Antonio · goldGrade: 1.2Grade Unit: g/tIntercept: 49.7 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-028
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.2
Grade Unit
g/t
Intercept
49.7 m
From
79 m
To
128.5 m
Hole Depth
190 m
Intercept Depth
79 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-028:79-128.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631976
Northing
3167967.6
Elevation
689 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates good gold grades over a substantial width within the existing Sapuchi resource, supporting the company's goal of upgrading resource confidence.

Positive factors

  • Strong gold grade (1.20 g/t Au) over a significant width (49.7 m), indicating good bulk-tonnage potential.
  • Located within the Sapuchi resource, contributing to resource confidence and potential conversion.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated, which may overstate the true thickness of mineralization.

Evidence · text

“SOSAP-26-028 which assayed 1.20g/t Au over 49.7 metres from 79 metres down the hole at Sapuchi.”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-022San Antonio · goldGrade: 0.56Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-022
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.56
Grade Unit
g/t
Intercept
6 m
From
61.5 m
To
67.5 m
Hole Depth
200 m
Intercept Depth
61.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-022:61.5-67.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632060.8
Northing
3167956.5
Elevation
697.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a narrow width, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Moderate gold grade (0.56 g/t Au) for a transition zone.

Negative factors

  • Relatively narrow intercept length (6.0 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.56”

Context: 6.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-022San Antonio · goldGrade: 0.85Grade Unit: g/tIntercept: 51 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-022
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.85
Grade Unit
g/t
Intercept
51 m
From
145.5 m
To
196.5 m
Hole Depth
200 m
Intercept Depth
61.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-022:145.5-196.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632060.8
Northing
3167956.5
Elevation
697.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with moderate gold grade in sulphide material, contributing to the understanding of the deeper parts of the Sapuchi deposit.

Positive factors

  • Moderate gold grade (0.85 g/t Au) over a significant width (51.0 m), indicating bulk-tonnage potential.
  • Sulphide mineralization, which can be a primary target for deeper resources.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.
  • Deeper intercept (from 145.5 m) compared to surface oxide mineralization.

Evidence · table

“0.85”

Context: 51.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-022San Antonio · goldGrade: 3.1Grade Unit: g/tIntercept: 6.63 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-022
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
3.1
Grade Unit
g/t
Intercept
6.63 m
From
164 m
To
170.63 m
Hole Depth
200 m
Intercept Depth
61.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-022:164-170.63
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632060.8
Northing
3167956.5
Elevation
697.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a narrow width, indicating higher-grade zones within the broader sulphide mineralization.

Positive factors

  • Strong gold grade (3.10 g/t Au) within a sulphide zone.

Negative factors

  • Relatively narrow intercept length (6.63 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“3.10”

Context: 6.63

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-024San Antonio · goldGrade: 1.24Grade Unit: g/tIntercept: 69.62 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-024
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.24
Grade Unit
g/t
Intercept
69.62 m
From
102.38 m
To
172 m
Hole Depth
200 m
Intercept Depth
102.38 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-024:102.38-172
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632013.4
Northing
3167965.9
Elevation
693.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A very long intercept with strong gold grades, indicating a robust mineralized zone that supports resource definition and potential open-pit mining.

Positive factors

  • Strong gold grade (1.24 g/t Au) over a very significant width (69.62 m), indicating substantial bulk-tonnage potential.
  • Located within the Sapuchi resource, contributing to resource confidence and potential conversion.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.24”

Context: 69.62

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-024San Antonio · goldGrade: 2.17Grade Unit: g/tIntercept: 11.42 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-024
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
2.17
Grade Unit
g/t
Intercept
11.42 m
From
118.72 m
To
130.14 m
Hole Depth
200 m
Intercept Depth
102.38 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-024:118.72-130.14
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632013.4
Northing
3167965.9
Elevation
693.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a moderate width, indicating higher-grade zones within the broader mineralization.

Positive factors

  • Strong gold grade (2.17 g/t Au) over a moderate width (11.42 m) within a transition zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“2.17”

Context: 11.42

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-024San Antonio · goldGrade: 2.55Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-024
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
2.55
Grade Unit
g/t
Intercept
7 m
From
138 m
To
145 m
Hole Depth
200 m
Intercept Depth
102.38 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-024:138-145
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632013.4
Northing
3167965.9
Elevation
693.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a moderate width, indicating higher-grade zones within the broader mineralization.

Positive factors

  • Strong gold grade (2.55 g/t Au) over a moderate width (7.0 m) within a transition zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“2.55”

Context: 7.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-024San Antonio · goldGrade: 2.75Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-024
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
2.75
Grade Unit
g/t
Intercept
4.8 m
From
161.7 m
To
166.5 m
Hole Depth
200 m
Intercept Depth
102.38 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-024:161.7-166.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632013.4
Northing
3167965.9
Elevation
693.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a narrow width, indicating higher-grade zones within the broader sulphide mineralization.

Positive factors

  • Strong gold grade (2.75 g/t Au) over a narrow width (4.8 m) within a sulphide zone.

Negative factors

  • Narrow intercept length (4.8 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“2.75”

Context: 4.80

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-025San Antonio · goldGrade: 2.34Grade Unit: g/tIntercept: 7.1 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-025
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
2.34
Grade Unit
g/t
Intercept
7.1 m
From
31.3 m
To
38.4 m
Hole Depth
174 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-025:31.3-38.4
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631839.4
Northing
3167921.8
Elevation
679.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a moderate width, indicating higher-grade zones within the broader oxide mineralization.

Positive factors

  • Strong gold grade (2.34 g/t Au) over a moderate width (7.1 m) within an oxide zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“2.34”

Context: 7.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-025San Antonio · goldGrade: 1.74Grade Unit: g/tIntercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-025
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.74
Grade Unit
g/t
Intercept
6.6 m
From
57.15 m
To
63.75 m
Hole Depth
174 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-025:57.15-63.75
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631839.4
Northing
3167921.8
Elevation
679.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a moderate width, contributing to the overall understanding of the Sapuchi deposit.

Positive factors

  • Moderate gold grade (1.74 g/t Au) over a moderate width (6.6 m) within a transition zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.74”

Context: 6.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-025San Antonio · goldGrade: 0.59Grade Unit: g/tIntercept: 20.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-025
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
20.4 m
From
97.8 m
To
118.2 m
Hole Depth
174 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-025:97.8-118.2
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631839.4
Northing
3167921.8
Elevation
679.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Moderate intercept length (20.4 m) with a weak gold grade (0.59 g/t Au) within a transition zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.59”

Context: 20.40

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-027San Antonio · goldGrade: 1.16Grade Unit: g/tIntercept: 47.1 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-027
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.16
Grade Unit
g/t
Intercept
47.1 m
From
13.1 m
To
60.2 m
Hole Depth
215 m
Intercept Depth
13.1 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-027:13.1-60.2
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631744.5
Northing
3167877.8
Elevation
702.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept shows good grade and significant width at shallow depth within the Sapuchi resource, contributing positively to resource confidence and potential open-pit development.

Positive factors

  • Strong gold grade (1.16 g/t Au) over a significant width (47.1 m), indicating good bulk-tonnage potential.
  • Shallow depth (from 13.1 m downhole) with majority oxide mineralization, favorable for open-pit mining.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated, which may overstate the true thickness of mineralization.

Evidence · table

“1.16”

Context: 47.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-027San Antonio · goldGrade: 3.01Grade Unit: g/tIntercept: 9.45 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-027
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
3.01
Grade Unit
g/t
Intercept
9.45 m
From
13.9 m
To
23.35 m
Hole Depth
215 m
Intercept Depth
13.1 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-027:13.9-23.35
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631744.5
Northing
3167877.8
Elevation
702.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a moderate width, indicating higher-grade zones within the broader oxide mineralization.

Positive factors

  • Strong gold grade (3.01 g/t Au) over a moderate width (9.45 m) within an oxide zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“3.01”

Context: 9.45

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-027San Antonio · goldGrade: 1.03Grade Unit: g/tIntercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-027
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
7.4 m
From
35.6 m
To
43 m
Hole Depth
215 m
Intercept Depth
13.1 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-027:35.6-43
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631744.5
Northing
3167877.8
Elevation
702.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a moderate width, contributing to the overall understanding of the Sapuchi deposit.

Positive factors

  • Moderate gold grade (1.03 g/t Au) over a moderate width (7.4 m) within an oxide zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.03”

Context: 7.40

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-027San Antonio · goldGrade: 2.78Grade Unit: g/tIntercept: 2.25 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-027
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
2.78
Grade Unit
g/t
Intercept
2.25 m
From
57.95 m
To
60.2 m
Hole Depth
215 m
Intercept Depth
13.1 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-027:57.95-60.2
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631744.5
Northing
3167877.8
Elevation
702.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a narrow width, indicating a localized higher-grade zone.

Positive factors

  • Strong gold grade (2.78 g/t Au) within a transition zone.

Negative factors

  • Narrow intercept length (2.25 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“2.78”

Context: 2.25

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-027San Antonio · goldGrade: 2.62Grade Unit: g/tIntercept: 4.95 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-027
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
2.62
Grade Unit
g/t
Intercept
4.95 m
From
72.6 m
To
77.55 m
Hole Depth
215 m
Intercept Depth
13.1 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-027:72.6-77.55
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631744.5
Northing
3167877.8
Elevation
702.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a narrow width, indicating a localized higher-grade zone within the sulphide mineralization.

Positive factors

  • Strong gold grade (2.62 g/t Au) within a sulphide zone.

Negative factors

  • Narrow intercept length (4.95 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“2.62”

Context: 4.95

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-028San Antonio · goldGrade: 1.2Grade Unit: g/tIntercept: 49.67 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-028
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.2
Grade Unit
g/t
Intercept
49.67 m
From
78.83 m
To
128.5 m
Hole Depth
190 m
Intercept Depth
78.83 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-028:78.83-128.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631976
Northing
3167967.6
Elevation
689 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This intercept demonstrates good gold grades over a substantial width within the existing Sapuchi resource, supporting the company's goal of upgrading resource confidence.

Positive factors

  • Strong gold grade (1.20 g/t Au) over a significant width (49.67 m), indicating good bulk-tonnage potential.
  • Located within the Sapuchi resource, contributing to resource confidence and potential conversion.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated, which may overstate the true thickness of mineralization.

Evidence · table

“1.20”

Context: 49.67

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-028San Antonio · goldGrade: 1.91Grade Unit: g/tIntercept: 18.11 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-028
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.91
Grade Unit
g/t
Intercept
18.11 m
From
97.24 m
To
115.35 m
Hole Depth
190 m
Intercept Depth
78.83 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-028:97.24-115.35
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631976
Northing
3167967.6
Elevation
689 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a good width, indicating a significant higher-grade zone within the sulphide mineralization.

Positive factors

  • Strong gold grade (1.91 g/t Au) over a good width (18.11 m) within a sulphide zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.91”

Context: 18.11

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-029San Antonio · goldGrade: 0.71Grade Unit: g/tIntercept: 23.1 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-029
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
23.1 m
From
106.45 m
To
129.55 m
Hole Depth
150 m
Intercept Depth
106.45 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-029:106.45-129.55
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632036.6
Northing
3167829.6
Elevation
637.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Moderate intercept length (23.1 m) with a weak gold grade (0.71 g/t Au) within a sulphide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.71”

Context: 23.10

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-029San Antonio · goldGrade: 1.23Grade Unit: g/tIntercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-029
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.23
Grade Unit
g/t
Intercept
4.9 m
From
107.25 m
To
112.15 m
Hole Depth
150 m
Intercept Depth
106.45 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-029:107.25-112.15
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632036.6
Northing
3167829.6
Elevation
637.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a narrow width, indicating a localized higher-grade zone within the sulphide mineralization.

Positive factors

  • Strong gold grade (1.23 g/t Au) over a narrow width (4.9 m) within a sulphide zone.

Negative factors

  • Narrow intercept length (4.9 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.23”

Context: 4.90

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-029San Antonio · goldGrade: 1.21Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-029
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.21
Grade Unit
g/t
Intercept
4 m
From
122.2 m
To
126.2 m
Hole Depth
150 m
Intercept Depth
106.45 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-029:122.2-126.2
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632036.6
Northing
3167829.6
Elevation
637.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a narrow width, indicating a localized higher-grade zone within the sulphide mineralization.

Positive factors

  • Strong gold grade (1.21 g/t Au) over a narrow width (4.0 m) within a sulphide zone.

Negative factors

  • Narrow intercept length (4.0 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.21”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-030San Antonio · goldGrade: 0.93Grade Unit: g/tIntercept: 44 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-030
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.93
Grade Unit
g/t
Intercept
44 m
From
55 m
To
99 m
Hole Depth
180 m
Intercept Depth
55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-030:55-99
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631968
Northing
3167986.1
Elevation
676.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A significant width with moderate gold grade, contributing to the overall understanding of the Sapuchi deposit and its bulk-tonnage potential.

Positive factors

  • Moderate gold grade (0.93 g/t Au) over a significant width (44.0 m) within transition/sulphide zones.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.93”

Context: 44.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-030San Antonio · goldGrade: 1.82Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-030
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.82
Grade Unit
g/t
Intercept
8 m
From
55 m
To
63 m
Hole Depth
180 m
Intercept Depth
55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-030:55-63
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631968
Northing
3167986.1
Elevation
676.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a moderate width, indicating a localized higher-grade zone within the transition mineralization.

Positive factors

  • Moderate gold grade (1.82 g/t Au) over a moderate width (8.0 m) within a transition zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.82”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-030San Antonio · goldGrade: 1.77Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-030
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.77
Grade Unit
g/t
Intercept
4.5 m
From
88.5 m
To
93 m
Hole Depth
180 m
Intercept Depth
55 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-030:88.5-93
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631968
Northing
3167986.1
Elevation
676.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a narrow width, indicating a localized higher-grade zone within the sulphide mineralization.

Positive factors

  • Moderate gold grade (1.77 g/t Au) over a narrow width (4.5 m) within a sulphide zone.

Negative factors

  • Narrow intercept length (4.5 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.77”

Context: 4.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-031San Antonio · goldGrade: 1.12Grade Unit: g/tIntercept: 24.75 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-031
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.12
Grade Unit
g/t
Intercept
24.75 m
From
176.25 m
To
201 m
Hole Depth
201 m
Intercept Depth
176.25 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-031:176.25-201
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632214
Northing
3167964.8
Elevation
733.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with strong gold grade in sulphide material, contributing to the understanding of the deeper parts of the Sapuchi deposit.

Positive factors

  • Strong gold grade (1.12 g/t Au) over a good width (24.75 m) within a sulphide zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.
  • Deeper intercept (from 176.25 m).

Evidence · table

“1.12”

Context: 24.75

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-031San Antonio · goldGrade: 1.81Grade Unit: g/tIntercept: 4.35 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-031
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.81
Grade Unit
g/t
Intercept
4.35 m
From
177 m
To
181.35 m
Hole Depth
201 m
Intercept Depth
176.25 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-031:177-181.35
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632214
Northing
3167964.8
Elevation
733.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a narrow width, indicating a localized higher-grade zone within the sulphide mineralization.

Positive factors

  • Moderate gold grade (1.81 g/t Au) over a narrow width (4.35 m) within a sulphide zone.

Negative factors

  • Narrow intercept length (4.35 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.81”

Context: 4.35

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-031San Antonio · goldGrade: 1.65Grade Unit: g/tIntercept: 5.3 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-031
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.65
Grade Unit
g/t
Intercept
5.3 m
From
195.7 m
To
201 m
Hole Depth
201 m
Intercept Depth
176.25 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-031:195.7-201
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632214
Northing
3167964.8
Elevation
733.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a moderate width, indicating a localized higher-grade zone within the sulphide mineralization.

Positive factors

  • Moderate gold grade (1.65 g/t Au) over a moderate width (5.3 m) within a sulphide zone.

Negative factors

  • Moderate intercept length (5.3 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.65”

Context: 5.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-032San Antonio · goldGrade: 1Grade Unit: g/tIntercept: 14.3 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-032
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1
Grade Unit
g/t
Intercept
14.3 m
From
25 m
To
39.3 m
Hole Depth
180 m
Intercept Depth
25 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-032:25-39.3
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632011.1
Northing
3167718.9
Elevation
576.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with moderate gold grade at shallow depth, contributing to the overall understanding of the Sapuchi deposit.

Positive factors

  • Moderate gold grade (1.00 g/t Au) over a good width (14.3 m) within oxide/transition zones.
  • Shallow depth (from 25.0 m downhole).

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.00”

Context: 14.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-032San Antonio · goldGrade: 1.65Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-032
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.65
Grade Unit
g/t
Intercept
2 m
From
25 m
To
27 m
Hole Depth
180 m
Intercept Depth
25 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-032:25-27
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632011.1
Northing
3167718.9
Elevation
576.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a narrow width, indicating a localized higher-grade zone within the oxide mineralization.

Positive factors

  • Moderate gold grade (1.65 g/t Au) over a narrow width (2.0 m) within an oxide zone.

Negative factors

  • Narrow intercept length (2.0 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.65”

Context: 2.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-032San Antonio · goldGrade: 2.26Grade Unit: g/tIntercept: 2.85 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-032
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
2.26
Grade Unit
g/t
Intercept
2.85 m
From
35.05 m
To
37.9 m
Hole Depth
180 m
Intercept Depth
25 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-032:35.05-37.9
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632011.1
Northing
3167718.9
Elevation
576.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a narrow width, indicating a localized higher-grade zone within the transition mineralization.

Positive factors

  • Strong gold grade (2.26 g/t Au) over a narrow width (2.85 m) within a transition zone.

Negative factors

  • Narrow intercept length (2.85 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“2.26”

Context: 2.85

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-033San Antonio · goldGrade: 0.69Grade Unit: g/tIntercept: 14.45 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-033
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
14.45 m
From
106 m
To
120.45 m
Hole Depth
197 m
Intercept Depth
106 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-033:106-120.45
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632115.8
Northing
3167914.5
Elevation
697.2 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.69 g/t Au) over a good width (14.45 m) within a transition zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.69”

Context: 14.45

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-033San Antonio · goldGrade: 0.6Grade Unit: g/tIntercept: 12.8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-033
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
12.8 m
From
171 m
To
183.8 m
Hole Depth
197 m
Intercept Depth
106 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-033:171-183.8
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632115.8
Northing
3167914.5
Elevation
697.2 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.60 g/t Au) over a good width (12.8 m) within a sulphide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.60”

Context: 12.80

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-033San Antonio · goldGrade: 1.2Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-033
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.2
Grade Unit
g/t
Intercept
3.05 m
From
176.1 m
To
179.15 m
Hole Depth
197 m
Intercept Depth
106 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-033:176.1-179.15
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632115.8
Northing
3167914.5
Elevation
697.2 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a narrow width, indicating a localized higher-grade zone within the sulphide mineralization.

Positive factors

  • Strong gold grade (1.20 g/t Au) over a narrow width (3.05 m) within a sulphide zone.

Negative factors

  • Narrow intercept length (3.05 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.20”

Context: 3.05

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-034San Antonio · goldGrade: 1.43Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-034
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.43
Grade Unit
g/t
Intercept
3.4 m
From
32 m
To
35.4 m
Hole Depth
188 m
Intercept Depth
32 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-034:32-35.4
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632047.4
Northing
3167725.9
Elevation
575.2 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a narrow width, contributing to the overall understanding of the Sapuchi deposit.

Positive factors

  • Moderate gold grade (1.43 g/t Au) over a narrow width (3.4 m) within a transition zone.

Negative factors

  • Narrow intercept length (3.4 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.43”

Context: 3.40

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-035San Antonio · goldGrade: 0.97Grade Unit: g/tIntercept: 20.6 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-035
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.97
Grade Unit
g/t
Intercept
20.6 m
From
48.4 m
To
69 m
Hole Depth
183 m
Intercept Depth
48.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-035:48.4-69
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631723.3
Northing
3167912.1
Elevation
725 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with moderate gold grade in oxide material, contributing to the overall understanding of the Sapuchi deposit.

Positive factors

  • Moderate gold grade (0.97 g/t Au) over a good width (20.6 m) within an oxide zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.97”

Context: 20.60

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-035San Antonio · goldGrade: 1.46Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-035
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.46
Grade Unit
g/t
Intercept
8 m
From
61 m
To
69 m
Hole Depth
183 m
Intercept Depth
48.4 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-035:61-69
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631723.3
Northing
3167912.1
Elevation
725 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a moderate width, indicating a localized higher-grade zone within the oxide mineralization.

Positive factors

  • Moderate gold grade (1.46 g/t Au) over a moderate width (8.0 m) within an oxide zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.46”

Context: 8.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-036San Antonio · goldGrade: 6.85Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-036
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
6.85
Grade Unit
g/t
Intercept
0.5 m
From
117 m
To
117.5 m
Hole Depth
180 m
Intercept Depth
117 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-036:117-117.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631679.9
Northing
3167754.6
Elevation
616.2 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: An exceptional grade over a very narrow width, indicating a high-grade veinlet or localized mineralization that is not broadly material.

Positive factors

  • Exceptional gold grade (6.85 g/t Au) within a sulphide zone.

Negative factors

  • Very narrow intercept length (0.5 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“6.85”

Context: 0.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-037San Antonio · goldGrade: 0.35Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-037
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.35
Grade Unit
g/t
Intercept
15 m
From
0 m
To
15 m
Hole Depth
153 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-037:0-15
Mining Method
open_pit

Location

Location
LDC
Easting
632699.1
Northing
3167943.5
Elevation
645.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with weak gold grade from surface in a new target area, indicating potential for bulk-tonnage low-grade mineralization.

Positive factors

  • Weak gold grade (0.35 g/t Au) over a good width (15.0 m) from surface within an oxide zone.
  • Located in the Luz del Cobre area, contributing to the understanding of this new target.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.35”

Context: 15.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-038San Antonio · goldGrade: 0.28Grade Unit: g/tIntercept: 24.8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-038
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.28
Grade Unit
g/t
Intercept
24.8 m
From
97.05 m
To
121.85 m
Hole Depth
184.9 m
Intercept Depth
97.05 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-038:97.05-121.85
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631828.4
Northing
3167787.5
Elevation
602 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with very weak gold grade, indicating marginal mineralization that may not be economically viable.

Positive factors

  • Good intercept length (24.8 m) within a sulphide zone.

Negative factors

  • Weak gold grade (0.28 g/t Au), below the weak threshold.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.28”

Context: 24.80

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-038San Antonio · goldGrade: 0.76Grade Unit: g/tIntercept: 6.65 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-038
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.76
Grade Unit
g/t
Intercept
6.65 m
From
111.85 m
To
118.5 m
Hole Depth
184.9 m
Intercept Depth
97.05 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-038:111.85-118.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631828.4
Northing
3167787.5
Elevation
602 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.76 g/t Au) over a moderate width (6.65 m) within a sulphide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.76”

Context: 6.65

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-039San Antonio · goldGrade: 11.71Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-039
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
11.71
Grade Unit
g/t
Intercept
12 m
From
24 m
To
36 m
Hole Depth
180 m
Intercept Depth
18 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-039:24-36
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631777.7
Northing
3167828.3
Elevation
653.7 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: This sub-interval shows even higher bonanza-grade gold over a good width, reinforcing the high-quality mineralization within the Sapuchi resource area.

Positive factors

  • Exceptional gold grade (11.71 g/t Au), well above the bonanza threshold for gold.
  • Good intercept length (12.0 m) for such high grade, indicating significant mineralization.
  • Shallow depth (from 24 m downhole) and entirely oxide mineralization, favorable for potential open-pit mining.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated, which may overstate the true thickness of mineralization.

Evidence · table

“11.71”

Context: 12.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-040San Antonio · goldGrade: 0.55Grade Unit: g/tIntercept: 24.15 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-040
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.55
Grade Unit
g/t
Intercept
24.15 m
From
19.35 m
To
43.5 m
Hole Depth
154.5 m
Intercept Depth
19.35 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-040:19.35-43.5
Mining Method
open_pit

Location

Location
LDC
Easting
633019.5
Northing
3168105.1
Elevation
520.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with weak gold grade at shallow depth in a new target area, indicating potential for bulk-tonnage low-grade mineralization.

Positive factors

  • Weak gold grade (0.55 g/t Au) over a good width (24.15 m) from shallow depth within oxide/transition zones.
  • Located in the Luz del Cobre area, contributing to the understanding of this new target.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.55”

Context: 24.15

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-040San Antonio · goldGrade: 2.53Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-040
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
2.53
Grade Unit
g/t
Intercept
3.25 m
From
21.7 m
To
24.95 m
Hole Depth
154.5 m
Intercept Depth
19.35 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-040:21.7-24.95
Mining Method
open_pit

Location

Location
LDC
Easting
633019.5
Northing
3168105.1
Elevation
520.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a narrow width, indicating a localized higher-grade zone within the new Luz del Cobre target.

Positive factors

  • Strong gold grade (2.53 g/t Au) over a narrow width (3.25 m) within oxide/transition zones.
  • Located in the Luz del Cobre area, indicating higher-grade potential within this new target.

Negative factors

  • Narrow intercept length (3.25 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“2.53”

Context: 3.25

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-040San Antonio · goldGrade: 1.08Grade Unit: g/tIntercept: 6.55 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-040
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.08
Grade Unit
g/t
Intercept
6.55 m
From
35.9 m
To
42.45 m
Hole Depth
154.5 m
Intercept Depth
19.35 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-040:35.9-42.45
Mining Method
open_pit

Location

Location
LDC
Easting
633019.5
Northing
3168105.1
Elevation
520.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate width with strong gold grade in a new target area, indicating potential for higher-grade zones.

Positive factors

  • Strong gold grade (1.08 g/t Au) over a moderate width (6.55 m) within oxide/transition zones.
  • Located in the Luz del Cobre area, contributing to the understanding of this new target.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.08”

Context: 6.55

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-041San Antonio · goldGrade: 5.97Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-041
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
5.97
Grade Unit
g/t
Intercept
1.3 m
From
163.7 m
To
165 m
Hole Depth
192 m
Intercept Depth
163.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-041:163.7-165
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631768.7
Northing
3167780.4
Elevation
642.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: An exceptional grade over a very narrow width, indicating a high-grade veinlet or localized mineralization that is not broadly material.

Positive factors

  • Exceptional gold grade (5.97 g/t Au) within a sulphide zone.

Negative factors

  • Very narrow intercept length (1.3 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“5.97”

Context: 1.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-042San Antonio · goldGrade: 0.68Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-042
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.68
Grade Unit
g/t
Intercept
9 m
From
47 m
To
56 m
Hole Depth
180 m
Intercept Depth
47 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-042:47-56
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631780.7
Northing
3167646.9
Elevation
595.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.68 g/t Au) over a moderate width (9.0 m) within an oxide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.68”

Context: 9.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-042San Antonio · goldGrade: 1.3Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-042
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
4 m
From
47 m
To
51 m
Hole Depth
180 m
Intercept Depth
47 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-042:47-51
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631780.7
Northing
3167646.9
Elevation
595.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a narrow width, indicating a localized higher-grade zone within the oxide mineralization.

Positive factors

  • Moderate gold grade (1.30 g/t Au) over a narrow width (4.0 m) within an oxide zone.

Negative factors

  • Narrow intercept length (4.0 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.30”

Context: 4.00

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-042San Antonio · goldGrade: 0.75Grade Unit: g/tIntercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-042
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.75
Grade Unit
g/t
Intercept
13.5 m
From
60 m
To
73.5 m
Hole Depth
180 m
Intercept Depth
47 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-042:60-73.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631780.7
Northing
3167646.9
Elevation
595.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.75 g/t Au) over a good width (13.5 m) within a transition zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.75”

Context: 13.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-042San Antonio · goldGrade: 0.67Grade Unit: g/tIntercept: 13.7 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-042
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.67
Grade Unit
g/t
Intercept
13.7 m
From
105 m
To
118.7 m
Hole Depth
180 m
Intercept Depth
47 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-042:105-118.7
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631780.7
Northing
3167646.9
Elevation
595.8 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.67 g/t Au) over a good width (13.7 m) within a sulphide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.67”

Context: 13.70

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-043San Antonio · goldGrade: 0.45Grade Unit: g/tIntercept: 8.15 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
8.15 m
From
61.1 m
To
69.25 m
Hole Depth
233 m
Intercept Depth
61.1 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-043:61.1-69.25
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.45 g/t Au) over a moderate width (8.15 m) within oxide/transition zones.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.45”

Context: 8.15

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-043San Antonio · goldGrade: 0.43Grade Unit: g/tIntercept: 48.7 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
48.7 m
From
84.5 m
To
133.2 m
Hole Depth
233 m
Intercept Depth
61.1 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-043:84.5-133.2
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A significant width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit and its bulk-tonnage potential.

Positive factors

  • Weak gold grade (0.43 g/t Au) over a significant width (48.7 m) within a sulphide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.43”

Context: 48.70

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-043San Antonio · goldGrade: 0.67Grade Unit: g/tIntercept: 23.05 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.67
Grade Unit
g/t
Intercept
23.05 m
From
102.3 m
To
125.35 m
Hole Depth
233 m
Intercept Depth
61.1 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-043:102.3-125.35
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.67 g/t Au) over a good width (23.05 m) within a sulphide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.67”

Context: 23.05

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-043San Antonio · goldGrade: 0.47Grade Unit: g/tIntercept: 43.65 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.47
Grade Unit
g/t
Intercept
43.65 m
From
143 m
To
186.65 m
Hole Depth
233 m
Intercept Depth
61.1 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-043:143-186.65
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A significant width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit and its bulk-tonnage potential.

Positive factors

  • Weak gold grade (0.47 g/t Au) over a significant width (43.65 m) within a sulphide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.47”

Context: 43.65

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-043San Antonio · goldGrade: 0.98Grade Unit: g/tIntercept: 9.85 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
9.85 m
From
174.2 m
To
184.05 m
Hole Depth
233 m
Intercept Depth
61.1 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-043:174.2-184.05
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A moderate grade over a moderate width, indicating a localized higher-grade zone within the sulphide mineralization.

Positive factors

  • Moderate gold grade (0.98 g/t Au) over a moderate width (9.85 m) within a sulphide zone.

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.98”

Context: 9.85

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-043San Antonio · goldGrade: 0.38Grade Unit: g/tIntercept: 19.95 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-043
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.38
Grade Unit
g/t
Intercept
19.95 m
From
196.55 m
To
216.5 m
Hole Depth
233 m
Intercept Depth
61.1 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-043:196.55-216.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
632083.6
Northing
3167915.7
Elevation
704.5 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.38 g/t Au) over a good width (19.95 m) within a sulphide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.38”

Context: 19.95

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-044San Antonio · goldGrade: 0.4Grade Unit: g/tIntercept: 38.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-044
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
38.5 m
From
0 m
To
38.5 m
Hole Depth
112 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-044:0-38.5
Mining Method
open_pit

Location

Location
LDC
Easting
633044
Northing
3168105
Elevation
520.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong width with weak gold grade from surface in a new target area, indicating potential for bulk-tonnage low-grade mineralization.

Positive factors

  • Weak gold grade (0.40 g/t Au) over a strong width (38.5 m) from surface within an oxide zone.
  • Located in the Luz del Cobre area, contributing to the understanding of this new target.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.40”

Context: 38.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-044San Antonio · goldGrade: 0.59Grade Unit: g/tIntercept: 22.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-044
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
22.4 m
From
0 m
To
22.4 m
Hole Depth
112 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-044:0-22.4
Mining Method
open_pit

Location

Location
LDC
Easting
633044
Northing
3168105
Elevation
520.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with weak gold grade from surface in a new target area, indicating potential for bulk-tonnage low-grade mineralization.

Positive factors

  • Weak gold grade (0.59 g/t Au) over a good width (22.4 m) from surface within an oxide zone.
  • Located in the Luz del Cobre area, contributing to the understanding of this new target.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.59”

Context: 22.40

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-045San Antonio · goldGrade: 0.32Grade Unit: g/tIntercept: 37.8 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-045
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.32
Grade Unit
g/t
Intercept
37.8 m
From
13 m
To
50.8 m
Hole Depth
111 m
Intercept Depth
13 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-045:13-50.8
Mining Method
open_pit

Location

Location
LDC
Easting
633044.1
Northing
3168080
Elevation
520.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong width with weak gold grade at shallow depth in a new target area, indicating potential for bulk-tonnage low-grade mineralization.

Positive factors

  • Weak gold grade (0.32 g/t Au) over a strong width (37.8 m) from shallow depth within oxide/transition zones.
  • Located in the Luz del Cobre area, contributing to the understanding of this new target.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.32”

Context: 37.80

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-045San Antonio · goldGrade: 0.48Grade Unit: g/tIntercept: 4.7 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-045
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.48
Grade Unit
g/t
Intercept
4.7 m
From
98.8 m
To
103.5 m
Hole Depth
111 m
Intercept Depth
13 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-045:98.8-103.5
Mining Method
open_pit

Location

Location
LDC
Easting
633044.1
Northing
3168080
Elevation
520.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A narrow width with weak gold grade in a new target area, indicating localized mineralization.

Positive factors

  • Weak gold grade (0.48 g/t Au) over a narrow width (4.7 m) within a transition zone.
  • Located in the Luz del Cobre area, contributing to the understanding of this new target.

Negative factors

  • Weak gold grade for the width.
  • Narrow intercept length (4.7 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.48”

Context: 4.70

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-046San Antonio · goldGrade: 0.36Grade Unit: g/tIntercept: 40.25 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-046
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
40.25 m
From
0 m
To
40.25 m
Hole Depth
110 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-046:0-40.25
Mining Method
open_pit

Location

Location
LDC
Easting
633019
Northing
3168080
Elevation
520.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong width with weak gold grade from surface in a new target area, indicating potential for bulk-tonnage low-grade mineralization.

Positive factors

  • Weak gold grade (0.36 g/t Au) over a strong width (40.25 m) from surface within an oxide zone.
  • Located in the Luz del Cobre area, contributing to the understanding of this new target.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.36”

Context: 40.25

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-047San Antonio · goldGrade: 2.49Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-047
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
2.49
Grade Unit
g/t
Intercept
7.5 m
From
13.5 m
To
21 m
Hole Depth
207 m
Intercept Depth
13.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-047:13.5-21
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631666
Northing
3168003.8
Elevation
671.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a moderate width at shallow depth, indicating a localized higher-grade zone within the oxide mineralization.

Positive factors

  • Strong gold grade (2.49 g/t Au) over a moderate width (7.5 m) within an oxide zone.
  • Shallow depth (from 13.5 m downhole).

Negative factors

  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“2.49”

Context: 7.50

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-047San Antonio · goldGrade: 0.43Grade Unit: g/tIntercept: 10.3 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-047
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
10.3 m
From
49.7 m
To
60 m
Hole Depth
207 m
Intercept Depth
13.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-047:49.7-60
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631666
Northing
3168003.8
Elevation
671.6 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.43 g/t Au) over a good width (10.3 m) within a sulphide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.43”

Context: 10.30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-050San Antonio · goldGrade: 0.36Grade Unit: g/tIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-050
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
4.75 m
From
3.6 m
To
8.35 m
Hole Depth
201 m
Intercept Depth
3.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-050:3.6-8.35
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631567.6
Northing
3168008.7
Elevation
667.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A narrow width with weak gold grade at shallow depth, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.36 g/t Au) over a narrow width (4.75 m) from shallow depth within an oxide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.36”

Context: 4.75

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-050San Antonio · goldGrade: 1.99Grade Unit: g/tIntercept: 5.55 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-050
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.99
Grade Unit
g/t
Intercept
5.55 m
From
31.45 m
To
37 m
Hole Depth
201 m
Intercept Depth
3.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-050:31.45-37
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631567.6
Northing
3168008.7
Elevation
667.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a moderate width, indicating a localized higher-grade zone within the transition mineralization.

Positive factors

  • Strong gold grade (1.99 g/t Au) over a moderate width (5.55 m) within a transition zone.

Negative factors

  • Moderate intercept length (5.55 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.99”

Context: 5.55

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-050San Antonio · goldGrade: 0.69Grade Unit: g/tIntercept: 19.4 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-050
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
19.4 m
From
62.1 m
To
81.5 m
Hole Depth
201 m
Intercept Depth
3.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-050:62.1-81.5
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631567.6
Northing
3168008.7
Elevation
667.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A good width with weak gold grade, contributing to the overall understanding of the Sapuchi deposit but not a highlight.

Positive factors

  • Weak gold grade (0.69 g/t Au) over a good width (19.4 m) within a sulphide zone.

Negative factors

  • Weak gold grade for the width.
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“0.69”

Context: 19.40

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

SOSAP-26-050San Antonio · goldGrade: 1.19Grade Unit: g/tIntercept: 4.7 mView all details
Link to this fact

Identity

Hole ID
SOSAP-26-050
Project
San Antonio
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AXO.V

Geometry

Grade
1.19
Grade Unit
g/t
Intercept
4.7 m
From
87 m
To
91.7 m
Hole Depth
201 m
Intercept Depth
3.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
SOSAP-26-050:87-91.7
Mining Method
open_pit

Location

Location
Sapuchi
Easting
631567.6
Northing
3168008.7
Elevation
667.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Chemex
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: A strong grade over a narrow width, indicating a localized higher-grade zone within the sulphide mineralization.

Positive factors

  • Strong gold grade (1.19 g/t Au) over a narrow width (4.7 m) within a sulphide zone.

Negative factors

  • Narrow intercept length (4.7 m).
  • Vertical drill hole (-90 degree dip) with no true width stated.

Evidence · table

“1.19”

Context: 4.70

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "# Axo Metals Drilling Intercepts 18.0 Metres of 8.15 g/t Au at San Antonio Project; First Step Out Drilling Reports Stro"

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.