# Excalibur Metals Sampling Reveals a New, Broad Precious Metals Trend at Bellehelen Project in Nevada Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/excalibur-metals-sampling-reveals-a-new-broad-precious-metals-trend-at-bellehele--8aeb194e-9384-4bf6-bcb0-f2f2da4917b8 Original source: https://money.tmx.com/en/quote/EXCL/news/7526625123583496/excalibur-metals-sampling-reveals-a-new-broad-precious-metals-trend-at-bellehele Publisher: tmx Original announcement: 2026-01-22T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Excalibur Metals Corp. - Ticker: EXCL - Exchange: TSX - Region: Nevada - Primary commodity: Silver - Secondary commodities: Gold - Document categories: Drill results, Other - Extracted: 2026-09-12 04:27:23 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Excalibur Metals has discovered a new 400-metre silver and gold mineralized trend at its Bellehelen Project in Nevada through reconnaissance soil sampling. The anomaly features silver values up to 7.79 ppm and gold up to 87 ppb, located 700m north of historic mine workings. A 2,500-metre drill campaign is planned for the spring to test these targets. Reasoning: Discovery of a new 400m silver-gold soil anomaly north of historic workings, supported by professional QA/QC and QP sign-off. - Positive factor: discovery of new mineralized trend - Positive factor: consistent 400m anomaly - Positive factor: QA/QC disclosed - Positive factor: step-out potential north of historic workings - Negative factor: surface sampling is selective and point-location based Facts used in scoring: 2 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The anomaly is located 700m north of the primary trend of historic mine workings. Evidence · text > lies 700m north of the primary trend of historic mine workings **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: The release details ALS laboratory use, sample preparation, and QP review of the data. Evidence · text > The QP has verified all scientific and technical data disclosed in this news release including the sampling and QA/QC results **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The discovery is positioned relative to the historic Bellehelen mine workings. Evidence · text > lies 700m north of the primary trend of historic mine workings ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/excalibur-metals-sampling-reveals-a-new-broad-precious-metals-trend-at-bellehele--8aeb194e-9384-4bf6-bcb0-f2f2da4917b8#fact-drill-facts-0) Bellehelen · silver #### Identity - Project: Bellehelen - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: EXCL #### Geometry - Grade: 7.79 - Grade Unit: ppm #### Classification - Sample Type: surface #### Location - Location: north of primary trend - Loc. Source: document #### QA/QC - Laboratory: ALS USA - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-22T00:00:00.000Z Reasoning: 7.79 ppm Ag represents the highest silver-in-soil anomaly in a dataset of 894 samples. - Positive factor: highest silver-in-soil anomaly in dataset - Negative factor: surface sampling is selective Evidence · text > values up to 7.79 parts per million \("ppm"\) silver \("Ag"\) #### 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 ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/excalibur-metals-sampling-reveals-a-new-broad-precious-metals-trend-at-bellehele--8aeb194e-9384-4bf6-bcb0-f2f2da4917b8#fact-drill-facts-1) Bellehelen · gold #### Identity - Project: Bellehelen - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: EXCL #### Geometry - Grade: 87 - Grade Unit: ppb #### Classification - Sample Type: surface #### Location - Location: north of primary trend - Loc. Source: document #### QA/QC - Laboratory: ALS USA - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-22T00:00:00.000Z Reasoning: 87 ppb Au is a coincident high gold anomaly within the new silver trend. - Positive factor: coincident with silver anomaly - Negative factor: surface sampling is selective Evidence · text > 87 parts per billion \("ppb"\) gold \("Au"\) #### 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 ## 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.