Excellon Defines Targets at Tres Cerros; Grab Sampling Returns up to 14 g/t Gold and 9,050 g/t Silver

Original announcement by tmx on

Company
Excellon Resources Inc.
Ticker
EXN
Exchange
TSX
Region
Peru
Primary commodity
Gold
Secondary commodities
Silver, Copper, Lead, Zinc
Document categories
Drill results, Other
Extracted
2026-09-12 01:22:15 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Excellon Resources has defined seven exploration targets at its Tres Cerros property in Peru using district-scale mapping and grab sampling. Surface geochemistry returned high-grade intercepts including up to 14 g/t gold and 9,050 g/t silver, with an initial drill program planned for the first half of 2027.

Reasoning: The release defines seven new exploration targets at Tres Cerros with high-grade surface grab samples (up to 14 g/t Au and 9,050 g/t Ag), though the lack of drill intercepts and independent QA/QC limits confidence.

Positive factors

  • high-grade surface grab samples
  • seven distinct targets defined
  • proximity to existing infrastructure
  • advancing permitting

Negative factors

  • results are from grab samples and not representative of width
  • no QA/QC verification by independent check assaying
  • early-stage exploration results

Facts used in scoring: 19

Classification and evidence

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: The release states that in the absence of an independent quality control program, results have not been verified by independent check assaying.

Evidence · text

“the analytical results reported in this news release have not been verified by independent check assaying”

Nearology Playneutral

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

Why it applies: The project is described as being adjacent to the operating Mallay Mine, benefiting from shared infrastructure.

Evidence · text

“adjacent to its operating Mallay Mine in Peru”

Extracted facts

Stored fact records: 19. Some facts used in scoring do not have a stored record.

Drill Results (19)

Fact 1Tres Cerros · goldGrade: 14Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
gold
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
14
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Xica
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 14 g/t Au is a strong surface anomaly for an epithermal target.

Positive factors

  • high grade for surface grab

Negative factors

  • grab sample not representative of width

Evidence · text

“up to 14 g/t gold and 9,050 g/t silver at Xica”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 2Tres Cerros · silverGrade: 9050Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
silver
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
9050
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Xica
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 9,050 g/t Ag is an exceptional surface anomaly.

Positive factors

  • exceptional silver grade

Negative factors

  • grab sample not representative of width

Evidence · text

“up to 14 g/t gold and 9,050 g/t silver at Xica”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 3Tres Cerros · goldGrade: 4.3Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
gold
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
4.3
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Alpaquitay
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 4.3 g/t Au is a strong surface anomaly.

Positive factors

  • solid gold anomaly

Negative factors

  • grab sample not representative of width

Evidence · text

“4.30 g/t gold at Alpaquitay”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 4Tres Cerros · silverGrade: 512Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
silver
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
512
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Xica East
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 512 g/t Ag is a strong surface anomaly.

Positive factors

  • strong silver anomaly

Negative factors

  • grab sample not representative of width

Evidence · text

“512 g/t silver at Xica East”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 5Tres Cerros · goldGrade: 0.6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
gold
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
0.6
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Vicuña
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 0.6 g/t Au is a modest surface anomaly.

Positive factors

  • identifies target

Negative factors

  • low grade

Evidence · text

“up to 0.60 g/t gold, 135 g/t Ag and 3,683 ppm Cu”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 6Tres Cerros · silverGrade: 135Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
silver
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
135
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Vicuña
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 135 g/t Ag is a modest surface anomaly.

Positive factors

  • identifies target

Negative factors

  • low grade

Evidence · text

“up to 0.60 g/t gold, 135 g/t Ag and 3,683 ppm Cu”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 7Tres Cerros · copperGrade: 3683Grade Unit: ppmView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
copper
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
3683
Grade Unit
ppm

Classification

Sample Type
surface

Location

Location
Vicuña
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 3,683 ppm Cu is a modest surface anomaly.

Positive factors

  • identifies target

Negative factors

  • low grade

Evidence · text

“up to 0.60 g/t gold, 135 g/t Ag and 3,683 ppm Cu”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 8Tres Cerros · goldGrade: 2.75Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
gold
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
2.75
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Xica East
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 2.75 g/t Au is a strong surface anomaly.

Positive factors

  • strong anomaly

Negative factors

  • grab sample not representative of width

Evidence · text

“up to 2.75 g/t Au and 512 g/t Ag”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 9Tres Cerros · silverGrade: 512Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
silver
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
512
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Xica East
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 512 g/t Ag is a strong surface anomaly.

Positive factors

  • strong anomaly

Negative factors

  • grab sample not representative of width

Evidence · text

“up to 2.75 g/t Au and 512 g/t Ag”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 10Tres Cerros · goldGrade: 0.94Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
gold
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
0.94
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Xica East (southern breccia)
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 0.94 g/t Au is a modest surface anomaly.

Positive factors

  • identifies target

Negative factors

  • low grade

Evidence · text

“up to 0.94 g/t Au and 247 g/t Ag”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 11Tres Cerros · silverGrade: 247Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
silver
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
247
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Xica East (southern breccia)
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 247 g/t Ag is a modest surface anomaly.

Positive factors

  • identifies target

Negative factors

  • low grade

Evidence · text

“up to 0.94 g/t Au and 247 g/t Ag”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 12Tres Cerros · goldGrade: 0.13Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
gold
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
0.13
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Tete
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 0.13 g/t Au is a low-grade surface anomaly.

Positive factors

  • identifies target

Negative factors

  • low grade

Evidence · text

“up to 0.13 g/t Au and 43 g/t Ag”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 13Tres Cerros · silverGrade: 43Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
silver
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
43
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Tete
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 43 g/t Ag is a low-grade surface anomaly.

Positive factors

  • identifies target

Negative factors

  • low grade

Evidence · text

“up to 0.13 g/t Au and 43 g/t Ag”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 14Tres Cerros · goldGrade: 4.3Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
gold
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
4.3
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Alpaquitay
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 4.3 g/t Au is a strong surface anomaly.

Positive factors

  • strong anomaly

Negative factors

  • grab sample not representative of width

Evidence · text

“up to 4.30 g/t Au and 156 g/t Ag”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 15Tres Cerros · silverGrade: 156Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
silver
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
156
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Alpaquitay
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 156 g/t Ag is a strong surface anomaly.

Positive factors

  • strong anomaly

Negative factors

  • grab sample not representative of width

Evidence · text

“up to 4.30 g/t Au and 156 g/t Ag”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 16Tres Cerros · leadGrade: 1647Grade Unit: ppmView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
lead
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
1647
Grade Unit
ppm

Classification

Sample Type
surface

Location

Location
Alpaquitay West
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 1,647 ppm Pb is a surface anomaly.

Positive factors

  • identifies target

Negative factors

  • grab sample not representative of width

Evidence · text

“up to 1,647 ppm Pb and 3,455 ppm Zn”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 17Tres Cerros · zincGrade: 3455Grade Unit: ppmView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
zinc
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
3455
Grade Unit
ppm

Classification

Sample Type
surface

Location

Location
Alpaquitay West
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 3,455 ppm Zn is a surface anomaly.

Positive factors

  • identifies target

Negative factors

  • grab sample not representative of width

Evidence · text

“up to 1,647 ppm Pb and 3,455 ppm Zn”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 18Tres Cerros · zincGrade: 7000Grade Unit: ppmView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
zinc
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
7000
Grade Unit
ppm

Classification

Sample Type
surface

Location

Location
Diatrema Norte
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 7,000 ppm Zn is a surface anomaly.

Positive factors

  • identifies target

Negative factors

  • grab sample not representative of width

Evidence · text

“up to 7,000 ppm Zn and 173 ppm Pb”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

Fact 19Tres Cerros · leadGrade: 173Grade Unit: ppmView all details
Link to this fact

Identity

Project
Tres Cerros
Commodity
lead
Region
peru
Reported Region
Peru
Ticker
EXN

Geometry

Grade
173
Grade Unit
ppm

Classification

Sample Type
surface

Location

Location
Diatrema Norte
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: 173 ppm Pb is a surface anomaly.

Positive factors

  • identifies target

Negative factors

  • grab sample not representative of width

Evidence · text

“up to 7,000 ppm Zn and 173 ppm Pb”

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

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: "(TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) (" Excellon " or the " Company ") is pleased to provide an update on its ongoi"

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.