Emergent Metals Corp. Reports Positive Drill Results From West Santa Fe, NV

Original announcement by tmx on

Company
Emergent Metals Corp.
Ticker
EMR
Exchange
TSX
Region
Nevada
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Agreement transaction
Extracted
2026-09-13 22:48:40 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Emergent Metals Corp. has announced the first modern drill assay results from its West Santa Fe property in Nevada, reported by its partner Lahontan Gold Corp. The results from three reverse circulation holes show gold and silver mineralization, including a notable 10.7m intercept at 0.98 g/t Au and 72.5 g/t Ag.

Reasoning: The release reports the first modern RC drill assays from the West Santa Fe property, showing moderate gold and silver grades, though the data is provided by an option partner and lacks direct verification by the issuer.

Positive factors

  • First modern RC drilling results reported
  • Presence of high-grade sub-intervals (e.g. 0.98 g/t Au)
  • Potential satellite deposit to existing Santa Fe Mine

Negative factors

  • Results reported by partner Lahontan Gold, not verified by Emergent
  • True width only estimated (75-100% of drilled interval)
  • Historical metallurgical data is unverified

Facts used in scoring: 16

Classification and evidence

QA/QC Disclosedpositive

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

Why it applies: The release mentions that technical information was reviewed and approved by a Qualified Person.

Evidence · text

“reviewed and approved by a Qualified Person”

Apparent Width Onlynegative

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

Why it applies: True thickness is only estimated as a percentage of the drilled interval.

Evidence · text

“true thickness of the intercepts is estimated to be 75-90% of the drilled interval”

Extracted facts

Stored fact records: 16. Some facts used in scoring do not have a stored record.

Drill Results (16)

WSF25-02RWest Santa Fe · goldGrade: 0.39Grade Unit: g/tIntercept: 48.8 mView all details
Link to this fact

Identity

Hole ID
WSF25-02R
Project
West Santa Fe
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
0.39
Grade Unit
g/t
Intercept
48.8 m
From
13.7 m
To
62.5 m
Intercept Depth
13.7 m

Classification

Sample Type
drill
Group ID
WSF25-02R:13.7-62.5
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.83
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Baseline intercept for the maiden program.

Negative factors

  • unverified by issuer

Evidence · table

“0.39”

Context: 48.8

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-02RWest Santa Fe · silverGrade: 38.4Grade Unit: g/tIntercept: 48.8 mView all details
Link to this fact

Identity

Hole ID
WSF25-02R
Project
West Santa Fe
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
38.4
Grade Unit
g/t
Intercept
48.8 m
From
13.7 m
To
62.5 m
Intercept Depth
13.7 m

Classification

Sample Type
drill
Group ID
WSF25-02R:13.7-62.5
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.83
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Baseline silver intercept.

Negative factors

  • unverified by issuer

Evidence · table

“38.4”

Context: 48.8

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-02RWest Santa Fe · goldGrade: 0.98Grade Unit: g/tIntercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
WSF25-02R
Project
West Santa Fe
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
10.7 m
From
47.2 m
To
57.9 m
Intercept Depth
47.2 m

Classification

Sample Type
drill
Group ID
WSF25-02R:47.2-57.9
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.83
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Stronger grade sub-interval within the main intercept.

Positive factors

  • higher grade sub-interval

Negative factors

  • unverified by issuer

Evidence · table

“0.98”

Context: 10.7

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-02RWest Santa Fe · silverGrade: 72.5Grade Unit: g/tIntercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
WSF25-02R
Project
West Santa Fe
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
72.5
Grade Unit
g/t
Intercept
10.7 m
From
47.2 m
To
57.9 m
Intercept Depth
47.2 m

Classification

Sample Type
drill
Group ID
WSF25-02R:47.2-57.9
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.83
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Stronger silver sub-interval.

Positive factors

  • higher grade sub-interval

Negative factors

  • unverified by issuer

Evidence · table

“72.5”

Context: 10.7

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-05RWest Santa Fe · goldGrade: 0.36Grade Unit: g/tIntercept: 45.7 mView all details
Link to this fact

Identity

Hole ID
WSF25-05R
Project
West Santa Fe
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
45.7 m
From
0 m
To
45.7 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
WSF25-05R:0-45.7
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.64
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Baseline intercept.

Negative factors

  • unverified by issuer

Evidence · table

“0.36”

Context: 45.7

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-05RWest Santa Fe · silverGrade: 24.7Grade Unit: g/tIntercept: 45.7 mView all details
Link to this fact

Identity

Hole ID
WSF25-05R
Project
West Santa Fe
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
24.7
Grade Unit
g/t
Intercept
45.7 m
From
0 m
To
45.7 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
WSF25-05R:0-45.7
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.64
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Baseline silver intercept.

Negative factors

  • unverified by issuer

Evidence · table

“24.7”

Context: 45.7

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-05RWest Santa Fe · goldGrade: 0.54Grade Unit: g/tIntercept: 9.2 mView all details
Link to this fact

Identity

Hole ID
WSF25-05R
Project
West Santa Fe
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
9.2 m
From
33.5 m
To
42.7 m
Intercept Depth
33.5 m

Classification

Sample Type
drill
Group ID
WSF25-05R:33.5-42.7
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.29
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Sub-interval with slightly higher grade.

Positive factors

  • higher grade sub-interval

Negative factors

  • unverified by issuer

Evidence · table

“0.54”

Context: 9.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-05RWest Santa Fe · silverGrade: 63.9Grade Unit: g/tIntercept: 9.2 mView all details
Link to this fact

Identity

Hole ID
WSF25-05R
Project
West Santa Fe
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
63.9
Grade Unit
g/t
Intercept
9.2 m
From
33.5 m
To
42.7 m
Intercept Depth
33.5 m

Classification

Sample Type
drill
Group ID
WSF25-05R:33.5-42.7
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.29
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Sub-interval with higher silver grade.

Positive factors

  • higher grade sub-interval

Negative factors

  • unverified by issuer

Evidence · table

“63.9”

Context: 9.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-05RWest Santa Fe · goldGrade: 0.74Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
WSF25-05R
Project
West Santa Fe
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
0.74
Grade Unit
g/t
Intercept
7.6 m
From
68.6 m
To
76.2 m
Intercept Depth
68.6 m

Classification

Sample Type
drill
Group ID
WSF25-05R:68.6-76.2
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.06
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Sub-interval with higher grade.

Positive factors

  • higher grade sub-interval

Negative factors

  • unverified by issuer

Evidence · table

“0,74”

Context: 7.6

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-05RWest Santa Fe · silverGrade: 23.3Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
WSF25-05R
Project
West Santa Fe
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
23.3
Grade Unit
g/t
Intercept
7.6 m
From
68.6 m
To
76.2 m
Intercept Depth
68.6 m

Classification

Sample Type
drill
Group ID
WSF25-05R:68.6-76.2
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.06
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Sub-interval with lower silver grade.

Negative factors

  • unverified by issuer

Evidence · table

“23.3”

Context: 7.6

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-06RWest Santa Fe · goldGrade: 0.52Grade Unit: g/tIntercept: 54.9 mView all details
Link to this fact

Identity

Hole ID
WSF25-06R
Project
West Santa Fe
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
0.52
Grade Unit
g/t
Intercept
54.9 m
From
24.4 m
To
79.3 m
Intercept Depth
24.4 m

Classification

Sample Type
drill
Group ID
WSF25-06R:24.4-79.3
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Baseline intercept.

Negative factors

  • unverified by issuer

Evidence · table

“0.52”

Context: 54.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-06RWest Santa Fe · silverGrade: 40.5Grade Unit: g/tIntercept: 54.9 mView all details
Link to this fact

Identity

Hole ID
WSF25-06R
Project
West Santa Fe
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
40.5
Grade Unit
g/t
Intercept
54.9 m
From
24.4 m
To
79.3 m
Intercept Depth
24.4 m

Classification

Sample Type
drill
Group ID
WSF25-06R:24.4-79.3
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Baseline silver intercept.

Negative factors

  • unverified by issuer

Evidence · table

“40.5”

Context: 54.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-06RWest Santa Fe · goldGrade: 0.85Grade Unit: g/tIntercept: 16.8 mView all details
Link to this fact

Identity

Hole ID
WSF25-06R
Project
West Santa Fe
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
0.85
Grade Unit
g/t
Intercept
16.8 m
From
27.4 m
To
44.2 m
Intercept Depth
27.4 m

Classification

Sample Type
drill
Group ID
WSF25-06R:27.4-44.2
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.75
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Stronger gold sub-interval.

Positive factors

  • higher grade sub-interval

Negative factors

  • unverified by issuer

Evidence · table

“0.85”

Context: 16.8

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-06RWest Santa Fe · silverGrade: 76.4Grade Unit: g/tIntercept: 16.8 mView all details
Link to this fact

Identity

Hole ID
WSF25-06R
Project
West Santa Fe
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
76.4
Grade Unit
g/t
Intercept
16.8 m
From
27.4 m
To
44.2 m
Intercept Depth
27.4 m

Classification

Sample Type
drill
Group ID
WSF25-06R:27.4-44.2
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.75
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Stronger silver sub-interval.

Positive factors

  • higher grade sub-interval

Negative factors

  • unverified by issuer

Evidence · table

“76.4”

Context: 16.8

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-06RWest Santa Fe · goldGrade: 0.7Grade Unit: g/tIntercept: 13.7 mView all details
Link to this fact

Identity

Hole ID
WSF25-06R
Project
West Santa Fe
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
0.7
Grade Unit
g/t
Intercept
13.7 m
From
64 m
To
77.7 m
Intercept Depth
64 m

Classification

Sample Type
drill
Group ID
WSF25-06R:64-77.7
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.32
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Sub-interval with higher grade.

Positive factors

  • higher grade sub-interval

Negative factors

  • unverified by issuer

Evidence · table

“0.70”

Context: 13.7

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

WSF25-06RWest Santa Fe · silverGrade: 52.2Grade Unit: g/tIntercept: 13.7 mView all details
Link to this fact

Identity

Hole ID
WSF25-06R
Project
West Santa Fe
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
EMR

Geometry

Grade
52.2
Grade Unit
g/t
Intercept
13.7 m
From
64 m
To
77.7 m
Intercept Depth
64 m

Classification

Sample Type
drill
Group ID
WSF25-06R:64-77.7
Mining Method
unknown

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.32
Metal Eq. Unit
g/t Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-23T00:00:00.000Z

Reasoning: Sub-interval with higher silver grade.

Positive factors

  • higher grade sub-interval

Negative factors

  • unverified by issuer

Evidence · table

“52.2”

Context: 13.7

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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: "West Santa Fe hosts a gold and silver exploration target located about 13 km from Lahontan’s flagship Santa Fe Mine Proj"

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.