# Capitan Silver Announces Arrival of Second Drill Rig at the Cruz De Plata Project to Test Newly Discovered High-Grade Silver Zone Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec--f8c3b8bd-712e-407d-afa9-ae8100f19cd4 Original source: https://money.tmx.com/en/quote/CAPT/news/7276860818168898/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec Publisher: tmx Original announcement: 2026-02-09T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Capitan Silver Corp. - Ticker: CAPT - Exchange: TSX - Region: Durango, Mexico - Primary commodity: Silver - Secondary commodities: Gold, Lead, Zinc - Document categories: Drill results, Other - Extracted: 2026-09-17 15:20:54 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Capitan Silver has commenced an aggressive 60,000-metre drill program at the Cruz de Plata project in Mexico, marked by the arrival of a second drill rig. The company highlighted high-grade silver intercepts from previous drilling, including 2,636 g/t Ag, to support the expansion of the current exploration campaign. Reasoning: The company is significantly expanding its drilling capacity and program size to test high-grade silver zones, supported by robust historical intercepts and clear QA/QC disclosure. - Positive factor: Arrival of second drill rig to accelerate program - Positive factor: Aggressive 60,000m drill program planned for 2026 - Positive factor: High-grade silver intercepts reported \(up to 2,636 g/t Ag\) - Positive factor: QA/QC protocols and lab accreditation disclosed - Negative factor: Historical results re-released \(low novelty for specific intercepts\) Facts used in scoring: 10 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions multiple standards, blanks, and duplicates, and names SGS and Bureau Veritas labs. Evidence · text > Capitan Silver maintains a rigorous QAQC program and inserts multiple standards, blanks and duplicates **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Intercept of 2,636 g/t Ag is exceptionally high for silver. Evidence · text > 2,636 g/t Ag over 1.5m ## Extracted facts Stored fact records: 10. Some facts used in scoring do not have a stored record. ## Drill Results (10) ### 25-ERRC-12 [Link to this fact](https://atlas-extractions.minestarters.com/news/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec--f8c3b8bd-712e-407d-afa9-ae8100f19cd4#fact-drill-facts-0) Cruz de Plata · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-ERRC-12 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 2636 - Grade Unit: g/t - Intercept: 1.5 m #### Classification - Sample Type: drill #### Location - Location: Upper Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates, check\_assays #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-09-02T00:00:00.000Z #### Dates - Event date: 2026-02-09T00:00:00.000Z Reasoning: Extremely high grade silver intercept. - Positive factor: Exceptional silver grade Evidence · text > 2,636 g/t Ag over 1.5m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### 25-ERRC-12 [Link to this fact](https://atlas-extractions.minestarters.com/news/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec--f8c3b8bd-712e-407d-afa9-ae8100f19cd4#fact-drill-facts-1) Cruz de Plata · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-ERRC-12 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 1400 - Grade Unit: g/t - Intercept: 4.6 m #### Classification - Sample Type: drill #### Location - Location: Upper Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates, check\_assays #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-09-02T00:00:00.000Z #### Dates - Event date: 2026-02-09T00:00:00.000Z Reasoning: High grade silver interval. - Positive factor: Strong silver grade over significant width Evidence · text > 1,400 g/t Ag over 4.6m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### 25-ERRC-12 [Link to this fact](https://atlas-extractions.minestarters.com/news/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec--f8c3b8bd-712e-407d-afa9-ae8100f19cd4#fact-drill-facts-2) Cruz de Plata · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-ERRC-12 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 370.2 - Grade Unit: g/t - Intercept: 19.8 m #### Classification - Sample Type: drill #### Location - Location: Upper Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates, check\_assays #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-09-02T00:00:00.000Z #### Dates - Event date: 2026-02-09T00:00:00.000Z Reasoning: Wide mineralized zone at moderate silver grade. - Positive factor: Broad mineralized zone Evidence · text > 370.2 g/t Ag over 19.8m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### 25-ERRC-26 [Link to this fact](https://atlas-extractions.minestarters.com/news/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec--f8c3b8bd-712e-407d-afa9-ae8100f19cd4#fact-drill-facts-3) Cruz de Plata · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-ERRC-26 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 612.9 - Grade Unit: g/t - Intercept: 1.5 m #### Classification - Sample Type: drill #### Location - Location: Upper Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates, check\_assays #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-11-11T00:00:00.000Z #### Dates - Event date: 2026-02-09T00:00:00.000Z Reasoning: High grade upper zone intercept. - Positive factor: High silver equivalent grade Evidence · text > 612.9 g/t AgEq over 1.5m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### 25-ERRC-26 [Link to this fact](https://atlas-extractions.minestarters.com/news/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec--f8c3b8bd-712e-407d-afa9-ae8100f19cd4#fact-drill-facts-4) Cruz de Plata · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-ERRC-26 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 155.9 - Grade Unit: g/t - Intercept: 6.1 m #### Classification - Sample Type: drill #### Location - Location: Upper Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates, check\_assays #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-11-11T00:00:00.000Z #### Dates - Event date: 2026-02-09T00:00:00.000Z Reasoning: Broader zone with moderate silver equivalent grade. - Positive factor: Broad zone Evidence · text > 155.9 g/t AgEq over 6.1m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### 25-ERRC-26 [Link to this fact](https://atlas-extractions.minestarters.com/news/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec--f8c3b8bd-712e-407d-afa9-ae8100f19cd4#fact-drill-facts-5) Cruz de Plata · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-ERRC-26 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 1767.4 - Grade Unit: g/t - Intercept: 1.5 m #### Classification - Sample Type: drill #### Location - Location: Upper Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates, check\_assays #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-11-11T00:00:00.000Z #### Dates - Event date: 2026-02-09T00:00:00.000Z Reasoning: High grade lower zone intercept. - Positive factor: Very high silver equivalent grade Evidence · text > 1,767.4 g/t AgEq over 1.5m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### 25-ERRC-26 [Link to this fact](https://atlas-extractions.minestarters.com/news/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec--f8c3b8bd-712e-407d-afa9-ae8100f19cd4#fact-drill-facts-6) Cruz de Plata · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-ERRC-26 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 1222.1 - Grade Unit: g/t - Intercept: 3 m #### Classification - Sample Type: drill #### Location - Location: Upper Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates, check\_assays #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-11-11T00:00:00.000Z #### Dates - Event date: 2026-02-09T00:00:00.000Z Reasoning: High grade lower zone interval. - Positive factor: High grade silver equivalent Evidence · text > 1,222.1 g/t AgEq over 3m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### 25-ERRC-26 [Link to this fact](https://atlas-extractions.minestarters.com/news/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec--f8c3b8bd-712e-407d-afa9-ae8100f19cd4#fact-drill-facts-7) Cruz de Plata · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-ERRC-26 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 234.2 - Grade Unit: g/t - Intercept: 25.9 m #### Classification - Sample Type: drill #### Location - Location: Upper Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates, check\_assays #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-11-11T00:00:00.000Z #### Dates - Event date: 2026-02-09T00:00:00.000Z Reasoning: Wide interval with moderate silver equivalent grade. - Positive factor: Significant width Evidence · text > 234.2 g/t AgEq over 25.9m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### 25-ERRC-34 [Link to this fact](https://atlas-extractions.minestarters.com/news/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec--f8c3b8bd-712e-407d-afa9-ae8100f19cd4#fact-drill-facts-8) Cruz de Plata · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-ERRC-34 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 1130.1 - Grade Unit: g/t - Intercept: 1.5 m #### Classification - Sample Type: drill #### Location - Location: Upper Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates, check\_assays #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-02T00:00:00.000Z #### Dates - Event date: 2026-02-09T00:00:00.000Z Reasoning: High grade intercept from recent drilling. - Positive factor: High silver equivalent grade Evidence · text > 1,130.1 g/t AgEq over 1.5m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### 25-ERRC-34 [Link to this fact](https://atlas-extractions.minestarters.com/news/capitan-silver-announces-arrival-of-second-drill-rig-at-the-cruz-de-plata-projec--f8c3b8bd-712e-407d-afa9-ae8100f19cd4#fact-drill-facts-9) Cruz de Plata · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-ERRC-34 - Project: Cruz de Plata - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: CAPT #### Geometry - Grade: 240.5 - Grade Unit: g/t - Intercept: 25.9 m #### Classification - Sample Type: drill #### Location - Location: Upper Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates, check\_assays #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-02T00:00:00.000Z #### Dates - Event date: 2026-02-09T00:00:00.000Z Reasoning: Wide interval with moderate silver equivalent grade. - Positive factor: Significant width Evidence · text > 240.5 g/t AgEq over 25.9m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## 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.