# First Majestic Receives Construction Permits for Santo Ni&\#xF1;o and Navidad; Advances Development Across the Santa Elena District

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4

Original source: https://money.tmx.com/en/quote/AG/news/4637559470847540/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva

Publisher: tmx

Original announcement: 2026-06-25T20:15:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: First Majestic Silver Corp.

- Ticker: AG

- Exchange: TSX

- Region: Sonora, Mexico

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Drill results, Permitting

- Extracted: 2026-09-13 10:53:56 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

First Majestic Silver Corp. announced positive infill drilling results from its Santo Niño and Navidad targets at the Santa Elena Silver/Gold Mine in Sonora, Mexico. The company has received construction permits for the Santo Niño and Navidad portals and plans to invest an additional $12 million in 2026 to advance underground access and development, aiming for near-term mining at Santo Niño. The drilling program, focused on resource conversion, returned multiple high-grade silver and gold intercepts, confirming mineralization and strengthening geological confidence for future mine planning.

Reasoning: First Majestic has achieved a significant milestone by securing permits and committing substantial capital for the underground development of its high-grade Santo Niño and Navidad targets, supported by positive infill drilling results that confirm and extend mineralization and aid in resource conversion, despite the acknowledged pre-feasibility study risk.

- Positive factor: Construction permits received for Santo Niño and Navidad portals, enabling underground development.

- Positive factor: Significant investment of $12 million planned for 2026 to advance underground access and development.

- Positive factor: High-grade silver and gold intercepts from infill drilling confirm and extend mineralization.

- Positive factor: Drilling successfully supports resource conversion from Inferred to Indicated Mineral Resources.

- Positive factor: True width is disclosed for all reported intercepts, enhancing confidence in geometry.

- Positive factor: Comprehensive QA/QC protocols are detailed, including certified laboratories and QP sign-off.

- Negative factor: The decision to initiate production from Santo Niño and Navidad is not based on a pre-feasibility study, introducing increased economic uncertainty and technical risks.

Facts used in scoring: 110

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 110. Some facts used in scoring do not have a stored record.

## Drill Results (110)

### SE-26-84

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-0)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-84
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 886
- Grade Unit: g/t
- Intercept: 4.8 m
- True Width: 3.68 m
- From: 229.35 m
- To: 234.15 m
- Hole Depth: 294 m
- Intercept Depth: 229.35 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-84:229.35-234.15
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581179
- Northing: 3320195
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 226 °
- Dip: -56.38 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 886
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver equivalent grade with good true width, significantly contributing to the resource conversion efforts at Santo Niño.

- Positive factor: Exceptional AgEq grade \(886 g/t\) for a resource conversion program.

- Positive factor: True width of 3.68 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 886

Context: 229.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.68

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-84

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-1)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-84
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 8.46
- Grade Unit: g/t
- Intercept: 4.8 m
- True Width: 3.68 m
- From: 229.35 m
- To: 234.15 m
- Hole Depth: 294 m
- Intercept Depth: 229.35 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-84:229.35-234.15
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581179
- Northing: 3320195
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 226 °
- Dip: -56.38 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 886
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade with good true width, contributing positively to the resource conversion efforts at Santo Niño.

- Positive factor: High gold grade \(8.46 g/t\) in a resource conversion program.

- Positive factor: True width of 3.68 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 8.46

Context: 229.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.68

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-76

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-2)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-76
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 482
- Grade Unit: g/t
- Intercept: 13.2 m
- True Width: 5.58 m
- From: 203.7 m
- To: 216.9 m
- Hole Depth: 312 m
- Intercept Depth: 203.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-76:203.7-216.9
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581097
- Northing: 3320167
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 247 °
- Dip: -63.94 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 482
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong silver equivalent grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Strong silver equivalent grade \(482 g/t\) for a resource conversion program.

- Positive factor: Good true width of 5.58 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 482

Context: 203.70

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 5.58

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-76

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-3)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-76
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 5.23
- Grade Unit: g/t
- Intercept: 13.2 m
- True Width: 5.58 m
- From: 203.7 m
- To: 216.9 m
- Hole Depth: 312 m
- Intercept Depth: 203.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-76:203.7-216.9
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581097
- Northing: 3320167
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 247 °
- Dip: -63.94 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 482
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Strong gold grade \(5.23 g/t\) for an underground resource conversion program.

- Positive factor: Good true width of 5.58 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 5.23

Context: 203.70

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 5.58

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-65

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-4)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-65
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 414
- Grade Unit: g/t
- Intercept: 6.7 m
- True Width: 5.8 m
- From: 197.35 m
- To: 204.05 m
- Hole Depth: 255 m
- Intercept Depth: 197.35 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-65:197.35-204.05
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581178
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 195 °
- Dip: -52.71 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 414
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong silver equivalent grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Strong silver equivalent grade \(414 g/t\) for a resource conversion program.

- Positive factor: Good true width of 5.80 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 414

Context: 197.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 5.8

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-65

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-5)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-65
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 4.04
- Grade Unit: g/t
- Intercept: 6.7 m
- True Width: 5.8 m
- From: 197.35 m
- To: 204.05 m
- Hole Depth: 255 m
- Intercept Depth: 197.35 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-65:197.35-204.05
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581178
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 195 °
- Dip: -52.71 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 414
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate gold grade \(4.04 g/t\) for an underground resource conversion program.

- Positive factor: Good true width of 5.80 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 4.04

Context: 197.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 5.8

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-86

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-6)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-86
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1474
- Grade Unit: g/t
- Intercept: 2.05 m
- True Width: 1.57 m
- From: 339.15 m
- To: 341.2 m
- Hole Depth: 381 m
- Intercept Depth: 339.15 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-86:339.15-341.2
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581304
- Northing: 3320295
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 814 m
- Azimuth: 202 °
- Dip: -44.86 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1474
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver equivalent grade with good true width, significantly contributing to the resource conversion efforts at Santo Niño.

- Positive factor: Exceptional AgEq grade \(1474 g/t\) for a resource conversion program.

- Positive factor: True width of 1.57 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 1474

Context: 339.15

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.57

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-86

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-7)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-86
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 15.21
- Grade Unit: g/t
- Intercept: 2.05 m
- True Width: 1.57 m
- From: 339.15 m
- To: 341.2 m
- Hole Depth: 381 m
- Intercept Depth: 339.15 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-86:339.15-341.2
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581304
- Northing: 3320295
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 814 m
- Azimuth: 202 °
- Dip: -44.86 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1474
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade with good true width, significantly contributing to the resource conversion efforts at Santo Niño.

- Positive factor: Exceptional gold grade \(15.21 g/t\) for an underground resource conversion program.

- Positive factor: True width of 1.57 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 15.21

Context: 339.15

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.57

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-82

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-8)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-82
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 191
- Grade Unit: g/t
- Intercept: 12.55 m
- True Width: 10.87 m
- From: 365.35 m
- To: 377.9 m
- Hole Depth: 423 m
- Intercept Depth: 365.35 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-82:365.35-377.9
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581305
- Northing: 3320295
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 814 m
- Azimuth: 186 °
- Dip: -51.67 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 191
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate silver equivalent grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate silver equivalent grade \(191 g/t\) for a resource conversion program.

- Positive factor: Good true width of 10.87 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 191

Context: 365.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 10.87

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-82

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-9)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-82
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.52
- Grade Unit: g/t
- Intercept: 12.55 m
- True Width: 10.87 m
- From: 365.35 m
- To: 377.9 m
- Hole Depth: 423 m
- Intercept Depth: 365.35 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-82:365.35-377.9
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581305
- Northing: 3320295
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 814 m
- Azimuth: 186 °
- Dip: -51.67 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 191
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate gold grade \(1.52 g/t\) for an underground resource conversion program.

- Positive factor: Good true width of 10.87 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 1.52

Context: 365.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 10.87

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### EWUG-26-089

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-10)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: EWUG-26-089
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 2128
- Grade Unit: g/t
- Intercept: 2.65 m
- True Width: 2.49 m
- From: 562.65 m
- To: 565.3 m
- Hole Depth: 879 m
- Intercept Depth: 562.65 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: EWUG-26-089:562.65-565.3
- Mining Method: underground

#### Location

- Location: Winter Vein
- Easting: 583615
- Northing: 3319502
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 579 m
- Azimuth: 190 °
- Dip: 58 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 2128
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 110
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver equivalent grade with good true width, significantly contributing to the resource conversion efforts at Navidad.

- Positive factor: Exceptional AgEq grade \(2128 g/t\) for a resource conversion program.

- Positive factor: True width of 2.49 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 2128

Context: 562.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.49

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### EWUG-26-089

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-11)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: EWUG-26-089
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 23.59
- Grade Unit: g/t
- Intercept: 2.65 m
- True Width: 2.49 m
- From: 562.65 m
- To: 565.3 m
- Hole Depth: 879 m
- Intercept Depth: 562.65 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: EWUG-26-089:562.65-565.3
- Mining Method: underground

#### Location

- Location: Winter Vein
- Easting: 583615
- Northing: 3319502
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 579 m
- Azimuth: 190 °
- Dip: 58 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 2128
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 110
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade with good true width, significantly contributing to the resource conversion efforts at Navidad.

- Positive factor: Exceptional gold grade \(23.59 g/t\) for an underground resource conversion program.

- Positive factor: True width of 2.49 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 23.59

Context: 562.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.49

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### EWUG-26-091

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-12)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: EWUG-26-091
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 291
- Grade Unit: g/t
- Intercept: 15.85 m
- True Width: 14.89 m
- From: 601.65 m
- To: 617.5 m
- Hole Depth: 660 m
- Intercept Depth: 601.65 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: EWUG-26-091:601.65-617.5
- Mining Method: underground

#### Location

- Location: Winter Vein
- Easting: 583614
- Northing: 3319502
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 579 m
- Azimuth: 203 °
- Dip: 52 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 291
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 110
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong silver equivalent grade over an exceptional true width, supporting resource conversion at Navidad.

- Positive factor: Strong silver equivalent grade \(291 g/t\) for a resource conversion program.

- Positive factor: Exceptional true width of 14.89 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 291

Context: 601.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 14.89

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### EWUG-26-091

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-13)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: EWUG-26-091
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 3.5
- Grade Unit: g/t
- Intercept: 15.85 m
- True Width: 14.89 m
- From: 601.65 m
- To: 617.5 m
- Hole Depth: 660 m
- Intercept Depth: 601.65 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: EWUG-26-091:601.65-617.5
- Mining Method: underground

#### Location

- Location: Winter Vein
- Easting: 583614
- Northing: 3319502
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 579 m
- Azimuth: 203 °
- Dip: 52 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 291
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 110
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over an exceptional true width, supporting resource conversion at Navidad.

- Positive factor: Moderate gold grade \(3.5 g/t\) for an underground resource conversion program.

- Positive factor: Exceptional true width of 14.89 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 3.5

Context: 601.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 14.89

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### EWUG-26-088

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-14)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: EWUG-26-088
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1257
- Grade Unit: g/t
- Intercept: 4.85 m
- True Width: 3.43 m
- From: 600.15 m
- To: 605 m
- Hole Depth: 789 m
- Intercept Depth: 600.15 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: EWUG-26-088:600.15-605
- Mining Method: underground

#### Location

- Location: Winter Vein
- Easting: 583615
- Northing: 3319502
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 579 m
- Azimuth: 191 °
- Dip: 64 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1257
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 110
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver equivalent grade with good true width, significantly contributing to the resource conversion efforts at Navidad.

- Positive factor: Exceptional AgEq grade \(1257 g/t\) for a resource conversion program.

- Positive factor: True width of 3.43 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 1257

Context: 600.15

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.43

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### EWUG-26-088

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-15)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: EWUG-26-088
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 11.99
- Grade Unit: g/t
- Intercept: 4.85 m
- True Width: 3.43 m
- From: 600.15 m
- To: 605 m
- Hole Depth: 789 m
- Intercept Depth: 600.15 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: EWUG-26-088:600.15-605
- Mining Method: underground

#### Location

- Location: Winter Vein
- Easting: 583615
- Northing: 3319502
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 579 m
- Azimuth: 191 °
- Dip: 64 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1257
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 110
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade with good true width, significantly contributing to the resource conversion efforts at Navidad.

- Positive factor: Strong gold grade \(11.99 g/t\) for an underground resource conversion program.

- Positive factor: True width of 3.43 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 11.99

Context: 600.15

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.43

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-25-58

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-16)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-25-58
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 0.58
- Grade Unit: g/t
- Intercept: 6.35 m
- True Width: 3.18 m
- From: 935.85 m
- To: 942.2 m
- Hole Depth: 982 m
- Intercept Depth: 935.85 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-25-58:935.85-942.2
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 582185
- Northing: 3320633
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 832 m
- Azimuth: 190 °
- Dip: -58 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 107
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, contributing to resource addition at Santo Niño.

- Positive factor: True width of 3.18 m is disclosed.

- Positive factor: Intercept contributes to resource addition efforts.

Evidence · table

> 0.58

Context: 935.85

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.18

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-25-58

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-17)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-25-58
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 107
- Grade Unit: g/t
- Intercept: 6.35 m
- True Width: 3.18 m
- From: 935.85 m
- To: 942.2 m
- Hole Depth: 982 m
- Intercept Depth: 935.85 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-25-58:935.85-942.2
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 582185
- Northing: 3320633
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 832 m
- Azimuth: 190 °
- Dip: -58 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 107
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a weak silver equivalent grade over a good true width, contributing to resource addition at Santo Niño.

- Positive factor: Weak silver equivalent grade \(107 g/t\) for a resource addition program.

- Positive factor: True width of 3.18 m is disclosed.

- Positive factor: Intercept contributes to resource addition efforts.

Evidence · table

> 107

Context: 935.85

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.18

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-25-61

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-18)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-25-61
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 2.34
- Grade Unit: g/t
- Intercept: 3.8 m
- True Width: 3.11 m
- From: 811 m
- To: 814.8 m
- Hole Depth: 878.1 m
- Intercept Depth: 811 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-25-61:811-814.8
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581832
- Northing: 3320637
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 793 m
- Azimuth: 170 °
- Dip: -47 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 255
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate gold grade \(2.34 g/t\) for an underground resource conversion program.

- Positive factor: True width of 3.11 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 2.34

Context: 811.00

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.11

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-25-61

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-19)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-25-61
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 255
- Grade Unit: g/t
- Intercept: 3.8 m
- True Width: 3.11 m
- From: 811 m
- To: 814.8 m
- Hole Depth: 878.1 m
- Intercept Depth: 811 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-25-61:811-814.8
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581832
- Northing: 3320637
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 793 m
- Azimuth: 170 °
- Dip: -47 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 255
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong silver equivalent grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Strong silver equivalent grade \(255 g/t\) for a resource conversion program.

- Positive factor: True width of 3.11 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 255

Context: 811.00

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.11

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-62

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-20)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-62
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 6.31
- Grade Unit: g/t
- Intercept: 4.1 m
- True Width: 3.14 m
- From: 201.85 m
- To: 205.95 m
- Hole Depth: 250 m
- Intercept Depth: 201.85 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-62:201.85-205.95
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581177
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 210 °
- Dip: -52.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 604
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Strong gold grade \(6.31 g/t\) for an underground resource conversion program.

- Positive factor: True width of 3.14 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 6.31

Context: 201.85

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.14

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-62

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-21)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-62
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 604
- Grade Unit: g/t
- Intercept: 4.1 m
- True Width: 3.14 m
- From: 201.85 m
- To: 205.95 m
- Hole Depth: 250 m
- Intercept Depth: 201.85 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-62:201.85-205.95
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581177
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 210 °
- Dip: -52.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 604
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver equivalent grade with good true width, significantly contributing to the resource conversion efforts at Santo Niño.

- Positive factor: Exceptional AgEq grade \(604 g/t\) for a resource conversion program.

- Positive factor: True width of 3.14 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 604

Context: 201.85

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.14

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-62

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-22)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-62
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 27.85
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.38 m
- From: 203.35 m
- To: 203.85 m
- Hole Depth: 250 m
- Intercept Depth: 201.85 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-62:203.35-203.85
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581177
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 210 °
- Dip: -52.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional gold grade, significantly contributing to resource conversion at Santo Niño.

- Positive factor: Exceptional gold grade \(27.85 g/t\) in a resource conversion program.

- Positive factor: True width of 0.38 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 27.85

Context: 203.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.38

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-62

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-23)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-62
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 2566
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.38 m
- From: 203.35 m
- To: 203.85 m
- Hole Depth: 250 m
- Intercept Depth: 201.85 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-62:203.35-203.85
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581177
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 210 °
- Dip: -52.4 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 2566
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional silver equivalent grade, significantly contributing to resource conversion at Santo Niño.

- Positive factor: Exceptional AgEq grade \(2566 g/t\) for a resource conversion program.

- Positive factor: True width of 0.38 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 2566

Context: 203.35

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.38

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-63

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-24)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-63
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 3.51
- Grade Unit: g/t
- Intercept: 1.55 m
- True Width: 1.1 m
- From: 467.2 m
- To: 468.75 m
- Hole Depth: 516 m
- Intercept Depth: 467.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-63:467.2-468.75
- Mining Method: underground

#### Location

- Location: Vein
- Easting: 581511
- Northing: 3320381
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 192 °
- Dip: -43.62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 326
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, contributing to resource addition at Santo Niño.

- Positive factor: Moderate gold grade \(3.51 g/t\) in a resource addition program.

- Positive factor: True width of 1.10 m is disclosed.

- Positive factor: Intercept contributes to resource addition efforts.

Evidence · table

> 3.51

Context: 467.20

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.1

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-63

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-25)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-63
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 326
- Grade Unit: g/t
- Intercept: 1.55 m
- True Width: 1.1 m
- From: 467.2 m
- To: 468.75 m
- Hole Depth: 516 m
- Intercept Depth: 467.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-63:467.2-468.75
- Mining Method: underground

#### Location

- Location: Vein
- Easting: 581511
- Northing: 3320381
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 192 °
- Dip: -43.62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 326
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong silver equivalent grade over a good true width, contributing to resource addition at Santo Niño.

- Positive factor: Strong silver equivalent grade \(326 g/t\) for a resource addition program.

- Positive factor: True width of 1.10 m is disclosed.

- Positive factor: Intercept contributes to resource addition efforts.

Evidence · table

> 326

Context: 467.20

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.1

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-63

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-26)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-63
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 3.74
- Grade Unit: g/t
- Intercept: 1.55 m
- True Width: 1.19 m
- From: 478.55 m
- To: 480.1 m
- Hole Depth: 516 m
- Intercept Depth: 467.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-63:478.55-480.1
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581511
- Northing: 3320381
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 192 °
- Dip: -43.62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate gold grade \(3.74 g/t\) in a resource conversion program.

- Positive factor: True width of 1.19 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 3.74

Context: 478.55

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.19

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-63

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-27)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-63
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 452
- Grade Unit: g/t
- Intercept: 1.55 m
- True Width: 1.19 m
- From: 478.55 m
- To: 480.1 m
- Hole Depth: 516 m
- Intercept Depth: 467.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-63:478.55-480.1
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581511
- Northing: 3320381
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 192 °
- Dip: -43.62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 452
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong silver equivalent grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Strong silver equivalent grade \(452 g/t\) for a resource conversion program.

- Positive factor: True width of 1.19 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 452

Context: 478.55

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.19

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-65

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-28)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-65
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 11.89
- Grade Unit: g/t
- Intercept: 0.45 m
- True Width: 0.39 m
- From: 202.3 m
- To: 202.75 m
- Hole Depth: 255 m
- Intercept Depth: 197.35 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-65:202.3-202.75
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581178
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 195 °
- Dip: -52.71 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows a strong gold grade, contributing to resource conversion at Santo Niño.

- Positive factor: Strong gold grade \(11.89 g/t\) in a resource conversion program.

- Positive factor: True width of 0.39 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 11.89

Context: 202.30

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.39

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-65

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-29)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-65
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 985
- Grade Unit: g/t
- Intercept: 0.45 m
- True Width: 0.39 m
- From: 202.3 m
- To: 202.75 m
- Hole Depth: 255 m
- Intercept Depth: 197.35 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-65:202.3-202.75
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581178
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 195 °
- Dip: -52.71 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 985
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional silver equivalent grade, significantly contributing to resource conversion at Santo Niño.

- Positive factor: Exceptional AgEq grade \(985 g/t\) for a resource conversion program.

- Positive factor: True width of 0.39 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 985

Context: 202.30

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.39

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-66

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-30)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-66
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 6.3
- Grade Unit: g/t
- Intercept: 2.1 m
- True Width: 1.72 m
- From: 198.65 m
- To: 200.75 m
- Hole Depth: 224 m
- Intercept Depth: 198.65 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-66:198.65-200.75
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581179
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 180 °
- Dip: -51.65 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 617
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Strong gold grade \(6.30 g/t\) for an underground resource conversion program.

- Positive factor: True width of 1.72 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 6.30

Context: 198.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.72

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-66

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-31)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-66
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 617
- Grade Unit: g/t
- Intercept: 2.1 m
- True Width: 1.72 m
- From: 198.65 m
- To: 200.75 m
- Hole Depth: 224 m
- Intercept Depth: 198.65 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-66:198.65-200.75
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581179
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 180 °
- Dip: -51.65 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 617
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver equivalent grade with good true width, significantly contributing to the resource conversion efforts at Santo Niño.

- Positive factor: Exceptional AgEq grade \(617 g/t\) for a resource conversion program.

- Positive factor: True width of 1.72 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 617

Context: 198.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.72

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-66

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-32)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-66
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 10.83
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.66 m
- From: 199.45 m
- To: 200.25 m
- Hole Depth: 224 m
- Intercept Depth: 198.65 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-66:199.45-200.25
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581179
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 180 °
- Dip: -51.65 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows a strong gold grade, contributing to resource conversion at Santo Niño.

- Positive factor: Strong gold grade \(10.83 g/t\) in a resource conversion program.

- Positive factor: True width of 0.66 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 10.83

Context: 199.45

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.66

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-66

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-33)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-66
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1104
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.66 m
- From: 199.45 m
- To: 200.25 m
- Hole Depth: 224 m
- Intercept Depth: 198.65 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-66:199.45-200.25
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581179
- Northing: 3320194
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 770 m
- Azimuth: 180 °
- Dip: -51.65 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1104
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional silver equivalent grade, significantly contributing to resource conversion at Santo Niño.

- Positive factor: Exceptional AgEq grade \(1104 g/t\) for a resource conversion program.

- Positive factor: True width of 0.66 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 1104

Context: 199.45

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.66

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-67

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-34)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-67
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.76
- Grade Unit: g/t
- Intercept: 2.1 m
- True Width: 1.61 m
- From: 467 m
- To: 469.1 m
- Hole Depth: 513 m
- Intercept Depth: 467 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-67:467-469.1
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 1
- Easting: 581511
- Northing: 3320382
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 201 °
- Dip: -43.61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 192
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate gold grade \(1.76 g/t\) for an underground resource conversion program.

- Positive factor: True width of 1.61 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 1.76

Context: 467.00

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.61

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-67

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-35)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-67
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 192
- Grade Unit: g/t
- Intercept: 2.1 m
- True Width: 1.61 m
- From: 467 m
- To: 469.1 m
- Hole Depth: 513 m
- Intercept Depth: 467 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-67:467-469.1
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 1
- Easting: 581511
- Northing: 3320382
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 201 °
- Dip: -43.61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 192
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate silver equivalent grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate silver equivalent grade \(192 g/t\) for a resource conversion program.

- Positive factor: True width of 1.61 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 192

Context: 467.00

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.61

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-67

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-36)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-67
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 2.23
- Grade Unit: g/t
- Intercept: 2.45 m
- True Width: 1.88 m
- From: 470.5 m
- To: 472.95 m
- Hole Depth: 513 m
- Intercept Depth: 467 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-67:470.5-472.95
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 2
- Easting: 581511
- Northing: 3320382
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 201 °
- Dip: -43.61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate gold grade \(2.23 g/t\) for an underground resource conversion program.

- Positive factor: True width of 1.88 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 2.23

Context: 470.50

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.88

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-67

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-37)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-67
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 184
- Grade Unit: g/t
- Intercept: 2.45 m
- True Width: 1.88 m
- From: 470.5 m
- To: 472.95 m
- Hole Depth: 513 m
- Intercept Depth: 467 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-67:470.5-472.95
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 2
- Easting: 581511
- Northing: 3320382
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 201 °
- Dip: -43.61 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 184
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate silver equivalent grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate silver equivalent grade \(184 g/t\) for a resource conversion program.

- Positive factor: True width of 1.88 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 184

Context: 470.50

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.88

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-68

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-38)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-68
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 3.63
- Grade Unit: g/t
- Intercept: 5.45 m
- True Width: 4.17 m
- From: 165.6 m
- To: 171.05 m
- Hole Depth: 216 m
- Intercept Depth: 165.6 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-68:165.6-171.05
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581097
- Northing: 3320166
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 201 °
- Dip: -64.96 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 361
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate gold grade \(3.63 g/t\) for an underground resource conversion program.

- Positive factor: Good true width of 4.17 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 3.63

Context: 165.60

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 4.17

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-68

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-39)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-68
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 361
- Grade Unit: g/t
- Intercept: 5.45 m
- True Width: 4.17 m
- From: 165.6 m
- To: 171.05 m
- Hole Depth: 216 m
- Intercept Depth: 165.6 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-68:165.6-171.05
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581097
- Northing: 3320166
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 201 °
- Dip: -64.96 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 361
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong silver equivalent grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Strong silver equivalent grade \(361 g/t\) for a resource conversion program.

- Positive factor: Good true width of 4.17 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 361

Context: 165.60

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 4.17

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-68

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-40)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-68
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 10.84
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.42 m
- From: 167.25 m
- To: 167.8 m
- Hole Depth: 216 m
- Intercept Depth: 165.6 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-68:167.25-167.8
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581097
- Northing: 3320166
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 201 °
- Dip: -64.96 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows a strong gold grade, contributing to resource conversion at Santo Niño.

- Positive factor: Strong gold grade \(10.84 g/t\) in a resource conversion program.

- Positive factor: True width of 0.42 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 10.84

Context: 167.25

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.42

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-68

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-41)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-68
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 924
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.42 m
- From: 167.25 m
- To: 167.8 m
- Hole Depth: 216 m
- Intercept Depth: 165.6 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-68:167.25-167.8
- Mining Method: underground

#### Location

- Location: Santo Niño Vein
- Easting: 581097
- Northing: 3320166
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 201 °
- Dip: -64.96 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 924
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional silver equivalent grade, significantly contributing to resource conversion at Santo Niño.

- Positive factor: Exceptional AgEq grade \(924 g/t\) for a resource conversion program.

- Positive factor: True width of 0.42 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 924

Context: 167.25

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.42

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-42)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-69
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 2.96
- Grade Unit: g/t
- Intercept: 4.8 m
- True Width: 3.68 m
- From: 127.05 m
- To: 131.85 m
- Hole Depth: 273 m
- Intercept Depth: 127.05 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-69:127.05-131.85
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 1
- Easting: 581097
- Northing: 3320165
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 196 °
- Dip: -49.03 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 254
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate gold grade \(2.96 g/t\) for an underground resource conversion program.

- Positive factor: Good true width of 3.68 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 2.96

Context: 127.05

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.68

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-43)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-69
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 254
- Grade Unit: g/t
- Intercept: 4.8 m
- True Width: 3.68 m
- From: 127.05 m
- To: 131.85 m
- Hole Depth: 273 m
- Intercept Depth: 127.05 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-69:127.05-131.85
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 1
- Easting: 581097
- Northing: 3320165
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 196 °
- Dip: -49.03 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 254
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong silver equivalent grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Strong silver equivalent grade \(254 g/t\) for a resource conversion program.

- Positive factor: Good true width of 3.68 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 254

Context: 127.05

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.68

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-44)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-69
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 13.46
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.42 m
- From: 129.45 m
- To: 130 m
- Hole Depth: 273 m
- Intercept Depth: 127.05 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-69:129.45-130
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 1
- Easting: 581097
- Northing: 3320165
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 196 °
- Dip: -49.03 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows a strong gold grade, contributing to resource conversion at Santo Niño.

- Positive factor: Strong gold grade \(13.46 g/t\) in a resource conversion program.

- Positive factor: True width of 0.42 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 13.46

Context: 129.45

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.42

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-45)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-69
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1061
- Grade Unit: g/t
- Intercept: 0.55 m
- True Width: 0.42 m
- From: 129.45 m
- To: 130 m
- Hole Depth: 273 m
- Intercept Depth: 127.05 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-69:129.45-130
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 1
- Easting: 581097
- Northing: 3320165
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 196 °
- Dip: -49.03 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1061
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional silver equivalent grade, significantly contributing to resource conversion at Santo Niño.

- Positive factor: Exceptional AgEq grade \(1061 g/t\) for a resource conversion program.

- Positive factor: True width of 0.42 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 1061

Context: 129.45

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.42

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-46)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-69
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.01
- Grade Unit: g/t
- Intercept: 1.4 m
- True Width: 1.07 m
- From: 132.8 m
- To: 134.2 m
- Hole Depth: 273 m
- Intercept Depth: 127.05 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-69:132.8-134.2
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 2
- Easting: 581097
- Northing: 3320165
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 196 °
- Dip: -49.03 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate gold grade \(1.01 g/t\) for an underground resource conversion program.

- Positive factor: True width of 1.07 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 1.01

Context: 132.80

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.07

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-47)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-69
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 106
- Grade Unit: g/t
- Intercept: 1.4 m
- True Width: 1.07 m
- From: 132.8 m
- To: 134.2 m
- Hole Depth: 273 m
- Intercept Depth: 127.05 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-69:132.8-134.2
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 2
- Easting: 581097
- Northing: 3320165
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 196 °
- Dip: -49.03 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 106
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a weak silver equivalent grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Weak silver equivalent grade \(106 g/t\) for a resource conversion program.

- Positive factor: True width of 1.07 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 106

Context: 132.80

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.07

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-48)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-69
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 4.39
- Grade Unit: g/t
- Intercept: 4.8 m
- True Width: 3.39 m
- From: 192.65 m
- To: 197.45 m
- Hole Depth: 273 m
- Intercept Depth: 127.05 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-69:192.65-197.45
- Mining Method: underground

#### Location

- Location: Breccia
- Easting: 581097
- Northing: 3320165
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 196 °
- Dip: -49.03 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, contributing to resource addition at Santo Niño.

- Positive factor: Moderate gold grade \(4.39 g/t\) in a resource addition program.

- Positive factor: Good true width of 3.39 m is disclosed.

- Positive factor: Intercept contributes to resource addition efforts.

Evidence · table

> 4.39

Context: 192.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.39

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-49)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-69
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 401
- Grade Unit: g/t
- Intercept: 4.8 m
- True Width: 3.39 m
- From: 192.65 m
- To: 197.45 m
- Hole Depth: 273 m
- Intercept Depth: 127.05 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-69:192.65-197.45
- Mining Method: underground

#### Location

- Location: Breccia
- Easting: 581097
- Northing: 3320165
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 196 °
- Dip: -49.03 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 401
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong silver equivalent grade over a good true width, contributing to resource addition at Santo Niño.

- Positive factor: Strong silver equivalent grade \(401 g/t\) for a resource addition program.

- Positive factor: Good true width of 3.39 m is disclosed.

- Positive factor: Intercept contributes to resource addition efforts.

Evidence · table

> 401

Context: 192.65

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.39

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-50)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-69
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 19.74
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.25 m
- From: 193.2 m
- To: 193.55 m
- Hole Depth: 273 m
- Intercept Depth: 127.05 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-69:193.2-193.55
- Mining Method: underground

#### Location

- Location: Breccia
- Easting: 581097
- Northing: 3320165
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 196 °
- Dip: -49.03 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional gold grade, significantly contributing to resource addition at Santo Niño.

- Positive factor: Exceptional gold grade \(19.74 g/t\) in a resource addition program.

- Positive factor: True width of 0.25 m is disclosed.

- Positive factor: Intercept contributes to resource addition efforts.

Evidence · table

> 19.74

Context: 193.20

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.25

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-51)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-69
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1558
- Grade Unit: g/t
- Intercept: 0.35 m
- True Width: 0.25 m
- From: 193.2 m
- To: 193.55 m
- Hole Depth: 273 m
- Intercept Depth: 127.05 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-69:193.2-193.55
- Mining Method: underground

#### Location

- Location: Breccia
- Easting: 581097
- Northing: 3320165
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 771 m
- Azimuth: 196 °
- Dip: -49.03 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1558
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional silver equivalent grade, significantly contributing to resource addition at Santo Niño.

- Positive factor: Exceptional AgEq grade \(1558 g/t\) for a resource addition program.

- Positive factor: True width of 0.25 m is disclosed.

- Positive factor: Intercept contributes to resource addition efforts.

Evidence · table

> 1558

Context: 193.20

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.25

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-70

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-52)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-70
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 2.99
- Grade Unit: g/t
- Intercept: 1.4 m
- True Width: 1.07 m
- From: 489.15 m
- To: 490.55 m
- Hole Depth: 530 m
- Intercept Depth: 489.15 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-70:489.15-490.55
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 1
- Easting: 581511
- Northing: 3320382
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 187 °
- Dip: -47.44 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 282
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate gold grade \(2.99 g/t\) for an underground resource conversion program.

- Positive factor: True width of 1.07 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 2.99

Context: 489.15

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.07

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-70

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-53)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-70
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 282
- Grade Unit: g/t
- Intercept: 1.4 m
- True Width: 1.07 m
- From: 489.15 m
- To: 490.55 m
- Hole Depth: 530 m
- Intercept Depth: 489.15 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-70:489.15-490.55
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 1
- Easting: 581511
- Northing: 3320382
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 187 °
- Dip: -47.44 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 282
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a strong silver equivalent grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Strong silver equivalent grade \(282 g/t\) for a resource conversion program.

- Positive factor: True width of 1.07 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 282

Context: 489.15

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.07

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-70

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-54)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-70
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 2.93
- Grade Unit: g/t
- Intercept: 4.55 m
- True Width: 3.73 m
- From: 496.3 m
- To: 500.85 m
- Hole Depth: 530 m
- Intercept Depth: 489.15 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-70:496.3-500.85
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 2
- Easting: 581511
- Northing: 3320382
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 187 °
- Dip: -47.44 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate gold grade \(2.93 g/t\) for an underground resource conversion program.

- Positive factor: Good true width of 3.73 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 2.93

Context: 496.30

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.73

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-70

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-55)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-70
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 117
- Grade Unit: g/t
- Intercept: 4.55 m
- True Width: 3.73 m
- From: 496.3 m
- To: 500.85 m
- Hole Depth: 530 m
- Intercept Depth: 489.15 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: SE-26-70:496.3-500.85
- Mining Method: underground

#### Location

- Location: Santo Niño Vein 2
- Easting: 581511
- Northing: 3320382
- CRS: WGS84 UTM Zone 12N
- EPSG: 32612
- Elevation: 837 m
- Azimuth: 187 °
- Dip: -47.44 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 90
- Cutoff Unit: g/t AgEq
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: This intercept shows a moderate silver grade over a good true width, supporting resource conversion at Santo Niño.

- Positive factor: Moderate silver grade \(117 g/t\) in a resource conversion program.

- Positive factor: Good true width of 3.73 m is disclosed.

- Positive factor: Intercept contributes to resource conversion efforts.

Evidence · table

> 117

Context: 496.30

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.73

**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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### SE-26-71

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-56)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-71
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.54
- Grade Unit: g/t
- Intercept: 1.25 m
- True Width: 1.02 m
- From: 156.15 m
- To: 157.4 m
- Intercept Depth: 156.15 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-71:156.15-157.4
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 239
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 1.54 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.9 g/t·m is below.

- Negative factor: 1.54 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.54

Context: SE-26-71

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.02

**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

### SE-26-71

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-57)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-71
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 123
- Grade Unit: g/t
- Intercept: 1.25 m
- True Width: 1.02 m
- From: 156.15 m
- To: 157.4 m
- Intercept Depth: 156.15 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-71:156.15-157.4
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 239
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 123 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 153.8 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 123

Context: SE-26-71

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.02

**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

### SE-26-73

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-58)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-73
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 5.7
- Grade Unit: g/t
- Intercept: 5.95 m
- True Width: 5.39 m
- From: 354.7 m
- To: 360.65 m
- Intercept Depth: 354.7 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-73:354.7-360.65
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 547
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 5.7 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 33.9 g/t·m is moderate.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 5.70

Context: SE-26-73

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 5.39

**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

### SE-26-73

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-59)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-73
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 120
- Grade Unit: g/t
- Intercept: 5.95 m
- True Width: 5.39 m
- From: 354.7 m
- To: 360.65 m
- Intercept Depth: 354.7 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-73:354.7-360.65
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 547
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 120 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 714.0 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 120

Context: SE-26-73

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 5.39

**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

### SE-26-74

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-60)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-74
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.46
- Grade Unit: g/t
- Intercept: 5.2 m
- True Width: 2.98 m
- From: 178.8 m
- To: 184 m
- Intercept Depth: 178.8 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-74:178.8-184
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 133
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 1.46 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 7.6 g/t·m is below.

- Negative factor: 1.46 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.46

Context: SE-26-74

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.98

**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

### SE-26-74

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-61)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-74
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 24
- Grade Unit: g/t
- Intercept: 5.2 m
- True Width: 2.98 m
- From: 178.8 m
- To: 184 m
- Intercept Depth: 178.8 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-74:178.8-184
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 133
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 24 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 124.8 g/t·m is below.

- Negative factor: 24 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 24

Context: SE-26-74

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.98

**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

### SE-26-76

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-62)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-76
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 2.73
- Grade Unit: g/t
- Intercept: 2.25 m
- True Width: 1.59 m
- From: 150.3 m
- To: 152.55 m
- Intercept Depth: 150.3 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-76:150.3-152.55
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 212
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 2.73 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 6.1 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.73

Context: SE-26-76

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.59

**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

### SE-26-76

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-63)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-76
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 7
- Grade Unit: g/t
- Intercept: 2.25 m
- True Width: 1.59 m
- From: 150.3 m
- To: 152.55 m
- Intercept Depth: 150.3 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-76:150.3-152.55
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 212
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 7 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 15.8 g/t·m is below.

- Negative factor: 7 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 7

Context: SE-26-76

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.59

**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

### SE-26-78

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-64)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-78
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 3.92
- Grade Unit: g/t
- Intercept: 6.6 m
- True Width: 5.06 m
- From: 374 m
- To: 380.6 m
- Intercept Depth: 374 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-78:374-380.6
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 353
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 3.92 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 25.9 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.92

Context: SE-26-78

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 5.06

**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

### SE-26-78

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-65)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-78
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 59
- Grade Unit: g/t
- Intercept: 6.6 m
- True Width: 5.06 m
- From: 374 m
- To: 380.6 m
- Intercept Depth: 374 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-78:374-380.6
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 353
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 59 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 389.4 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 59

Context: SE-26-78

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 5.06

**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

### SE-26-80

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-66)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-80
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 0.75
- Grade Unit: g/t
- Intercept: 3 m
- True Width: 2.3 m
- From: 223.9 m
- To: 226.9 m
- Intercept Depth: 223.9 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-80:223.9-226.9
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 100
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 0.75 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.3 g/t·m is below.

- Negative factor: 0.75 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.75

Context: SE-26-80

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.3

**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

### SE-26-80

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-67)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-80
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 44
- Grade Unit: g/t
- Intercept: 3 m
- True Width: 2.3 m
- From: 223.9 m
- To: 226.9 m
- Intercept Depth: 223.9 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-80:223.9-226.9
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 100
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 44 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 132.0 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 44

Context: SE-26-80

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.3

**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

### SE-26-84

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-68)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-84
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 2.13
- Grade Unit: g/t
- Intercept: 7.2 m
- True Width: 5.52 m
- From: 220.55 m
- To: 227.75 m
- Intercept Depth: 220.55 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-84:220.55-227.75
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 208
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 2.13 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 15.3 g/t·m is weak \(grade alone is below; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.13

Context: SE-26-84

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 5.52

**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

### SE-26-84

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-69)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-84
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 48
- Grade Unit: g/t
- Intercept: 7.2 m
- True Width: 5.52 m
- From: 220.55 m
- To: 227.75 m
- Intercept Depth: 220.55 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-84:220.55-227.75
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 208
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 48 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 345.6 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 48

Context: SE-26-84

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 5.52

**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

### SE-26-86

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-70)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-86
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 6.07
- Grade Unit: g/t
- Intercept: 1.9 m
- True Width: 1.46 m
- From: 335.1 m
- To: 337 m
- Intercept Depth: 335.1 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-86:335.1-337
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 546
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 6.07 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 11.5 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 6.07

Context: SE-26-86

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.46

**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

### SE-26-86

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-71)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-86
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 91
- Grade Unit: g/t
- Intercept: 1.9 m
- True Width: 1.46 m
- From: 335.1 m
- To: 337 m
- Intercept Depth: 335.1 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-86:335.1-337
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 546
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 91 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 172.9 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 91

Context: SE-26-86

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.46

**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

### SE-26-88

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-72)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-88
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 2.18
- Grade Unit: g/t
- Intercept: 3.95 m
- True Width: 2.54 m
- From: 287.5 m
- To: 291.45 m
- Intercept Depth: 287.5 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-88:287.5-291.45
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 206
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 2.18 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.6 g/t·m is below.

- Negative factor: 2.18 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.18

Context: SE-26-88

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.54

**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

### SE-26-88

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-73)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-88
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 43
- Grade Unit: g/t
- Intercept: 3.95 m
- True Width: 2.54 m
- From: 287.5 m
- To: 291.45 m
- Intercept Depth: 287.5 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-88:287.5-291.45
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 206
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 43 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 169.8 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 43

Context: SE-26-88

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.54

**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

### SE-26-90

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-74)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-90
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.79
- Grade Unit: g/t
- Intercept: 1.95 m
- True Width: 1.25 m
- From: 160.55 m
- To: 162.5 m
- Intercept Depth: 160.55 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-90:160.55-162.5
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 213
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 1.79 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.5 g/t·m is below.

- Negative factor: 1.79 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.79

Context: SE-26-90

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.25

**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

### SE-26-90

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-75)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-90
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 79
- Grade Unit: g/t
- Intercept: 1.95 m
- True Width: 1.25 m
- From: 160.55 m
- To: 162.5 m
- Intercept Depth: 160.55 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-90:160.55-162.5
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 213
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 79 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 154.0 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 79

Context: SE-26-90

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.25

**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

### SE-26-91

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-76)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-91
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 11.52
- Grade Unit: g/t
- Intercept: 1.8 m
- True Width: 1.16 m
- From: 316.55 m
- To: 318.35 m
- Intercept Depth: 316.55 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-91:316.55-318.35
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1047
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 11.52 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 20.7 g/t·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 11.52 g/t gold is strong on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 11.52

Context: SE-26-91

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.16

**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

### SE-26-91

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-77)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-91
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 183
- Grade Unit: g/t
- Intercept: 1.8 m
- True Width: 1.16 m
- From: 316.55 m
- To: 318.35 m
- Intercept Depth: 316.55 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-91:316.55-318.35
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 1047
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 183 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 329.4 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 183

Context: SE-26-91

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.16

**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

### SE-26-92

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-78)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-92
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 0.93
- Grade Unit: g/t
- Intercept: 2.25 m
- True Width: 1.29 m
- From: 193.55 m
- To: 195.8 m
- Intercept Depth: 193.55 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-92:193.55-195.8
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 168
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 0.93 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.1 g/t·m is below.

- Negative factor: 0.93 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.93

Context: SE-26-92

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.29

**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

### SE-26-92

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-79)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-92
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 99
- Grade Unit: g/t
- Intercept: 2.25 m
- True Width: 1.29 m
- From: 193.55 m
- To: 195.8 m
- Intercept Depth: 193.55 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-92:193.55-195.8
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 168
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 99 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 222.8 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 99

Context: SE-26-92

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.29

**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

### SE-26-93

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-80)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-93
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 3.36
- Grade Unit: g/t
- Intercept: 10.05 m
- True Width: 8.23 m
- From: 356.4 m
- To: 366.45 m
- Intercept Depth: 356.4 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-93:356.4-366.45
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 333
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 3.36 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 33.8 g/t·m is moderate \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.36

Context: SE-26-93

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 8.23

**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

### SE-26-93

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-81)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-93
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 81
- Grade Unit: g/t
- Intercept: 10.05 m
- True Width: 8.23 m
- From: 356.4 m
- To: 366.45 m
- Intercept Depth: 356.4 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-93:356.4-366.45
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 333
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 81 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 814.1 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 81

Context: SE-26-93

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 8.23

**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

### SE-26-94

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-82)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-94
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 4.4
- Grade Unit: g/t
- Intercept: 6.2 m
- True Width: 3.99 m
- From: 193.5 m
- To: 199.7 m
- Intercept Depth: 193.5 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-94:193.5-199.7
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 400
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 4.4 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 27.3 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.40

Context: SE-26-94

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.99

**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

### SE-26-94

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-83)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-94
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 70
- Grade Unit: g/t
- Intercept: 6.2 m
- True Width: 3.99 m
- From: 193.5 m
- To: 199.7 m
- Intercept Depth: 193.5 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-94:193.5-199.7
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 400
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 70 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 434.0 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 70

Context: SE-26-94

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.99

**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

### SE-26-95

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-84)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-95
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.6
- Grade Unit: g/t
- Intercept: 2.3 m
- True Width: 1.88 m
- From: 295.2 m
- To: 297.5 m
- Intercept Depth: 295.2 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-95:295.2-297.5
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 198
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 1.6 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.7 g/t·m is below.

- Negative factor: 1.6 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.60

Context: SE-26-95

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.88

**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

### SE-26-95

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-85)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-95
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 78
- Grade Unit: g/t
- Intercept: 2.3 m
- True Width: 1.88 m
- From: 295.2 m
- To: 297.5 m
- Intercept Depth: 295.2 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-95:295.2-297.5
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 198
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 78 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 179.4 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 78

Context: SE-26-95

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.88

**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

### SE-26-97

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-86)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-97
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.38
- Grade Unit: g/t
- Intercept: 4.55 m
- True Width: 3.22 m
- From: 386.15 m
- To: 390.7 m
- Intercept Depth: 386.15 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-97:386.15-390.7
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 167
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 1.38 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 6.3 g/t·m is below.

- Negative factor: 1.38 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.38

Context: SE-26-97

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.22

**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

### SE-26-97

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-87)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-97
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 63
- Grade Unit: g/t
- Intercept: 4.55 m
- True Width: 3.22 m
- From: 386.15 m
- To: 390.7 m
- Intercept Depth: 386.15 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-97:386.15-390.7
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 167
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 63 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 286.6 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 63

Context: SE-26-97

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.22

**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

### SE-26-99

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-88)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-99
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 3.9
- Grade Unit: g/t
- Intercept: 5.05 m
- True Width: 3.57 m
- From: 320.3 m
- To: 325.35 m
- Intercept Depth: 320.3 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-99:320.3-325.35
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 429
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 3.9 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 19.7 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.90

Context: SE-26-99

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.57

**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

### SE-26-99

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-89)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-99
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 136
- Grade Unit: g/t
- Intercept: 5.05 m
- True Width: 3.57 m
- From: 320.3 m
- To: 325.35 m
- Intercept Depth: 320.3 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-99:320.3-325.35
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 429
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 136 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 686.8 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 136

Context: SE-26-99

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.57

**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

### SE-26-100

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-90)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-100
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.02
- Grade Unit: g/t
- Intercept: 1.55 m
- True Width: 1 m
- From: 775.85 m
- To: 777.4 m
- Intercept Depth: 775.85 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-100:775.85-777.4
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 135
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 1.02 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.6 g/t·m is below.

- Negative factor: 1.02 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.02

Context: SE-26-100

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**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

### SE-26-100

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-91)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-100
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 58
- Grade Unit: g/t
- Intercept: 1.55 m
- True Width: 1 m
- From: 775.85 m
- To: 777.4 m
- Intercept Depth: 775.85 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-100:775.85-777.4
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 135
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 58 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 89.9 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 58

Context: SE-26-100

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**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

### SE-26-102-A

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-92)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-102-A
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.39
- Grade Unit: g/t
- Intercept: 9.65 m
- True Width: 6.2 m
- From: 287.25 m
- To: 296.9 m
- Intercept Depth: 287.25 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-102-A:287.25-296.9
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 205
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 1.39 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 13.4 g/t·m is weak \(grade alone is below; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.39

Context: SE-26-102-A

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 6.2

**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

### SE-26-102-A

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-93)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-102-A
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 100
- Grade Unit: g/t
- Intercept: 9.65 m
- True Width: 6.2 m
- From: 287.25 m
- To: 296.9 m
- Intercept Depth: 287.25 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-102-A:287.25-296.9
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 205
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 100 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 965.0 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 100

Context: SE-26-102-A

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 6.2

**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

### SE-26-103

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-94)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-103
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 0.82
- Grade Unit: g/t
- Intercept: 3.35 m
- True Width: 2.74 m
- From: 272.3 m
- To: 275.65 m
- Intercept Depth: 272.3 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-103:272.3-275.65
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 136
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 0.82 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.7 g/t·m is below.

- Negative factor: 0.82 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.82

Context: SE-26-103

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.74

**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

### SE-26-103

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-95)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-103
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 74
- Grade Unit: g/t
- Intercept: 3.35 m
- True Width: 2.74 m
- From: 272.3 m
- To: 275.65 m
- Intercept Depth: 272.3 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-103:272.3-275.65
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 136
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 74 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 247.9 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 74

Context: SE-26-103

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.74

**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

### SE-26-104

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-96)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-104
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 2.25
- Grade Unit: g/t
- Intercept: 3.9 m
- True Width: 2.04 m
- From: 398.15 m
- To: 402.05 m
- Intercept Depth: 398.15 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-104:398.15-402.05
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 306
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 2.25 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.8 g/t·m is below.

- Negative factor: 2.25 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.25

Context: SE-26-104

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.04

**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

### SE-26-104

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-97)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-104
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 137
- Grade Unit: g/t
- Intercept: 3.9 m
- True Width: 2.04 m
- From: 398.15 m
- To: 402.05 m
- Intercept Depth: 398.15 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-104:398.15-402.05
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 306
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 137 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 534.3 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 137

Context: SE-26-104

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.04

**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

### SE-26-105

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-98)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-105
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.89
- Grade Unit: g/t
- Intercept: 1.95 m
- True Width: 1.38 m
- From: 299.6 m
- To: 301.55 m
- Intercept Depth: 299.6 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-105:299.6-301.55
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 175
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 1.89 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.7 g/t·m is below.

- Negative factor: 1.89 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.89

Context: SE-26-105

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.38

**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

### SE-26-105

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-99)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-105
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 33
- Grade Unit: g/t
- Intercept: 1.95 m
- True Width: 1.38 m
- From: 299.6 m
- To: 301.55 m
- Intercept Depth: 299.6 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-105:299.6-301.55
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 175
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 33 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 64.3 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 33

Context: SE-26-105

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.38

**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

### SE-26-106

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-100)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-106
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.91
- Grade Unit: g/t
- Intercept: 1.5 m
- True Width: 1.15 m
- From: 335.45 m
- To: 336.95 m
- Intercept Depth: 335.45 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-106:335.45-336.95
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 174
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 1.91 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.9 g/t·m is below.

- Negative factor: 1.91 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.91

Context: SE-26-106

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.15

**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

### SE-26-106

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-101)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-106
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 31
- Grade Unit: g/t
- Intercept: 1.5 m
- True Width: 1.15 m
- From: 335.45 m
- To: 336.95 m
- Intercept Depth: 335.45 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-106:335.45-336.95
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 174
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 31 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 46.5 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 31

Context: SE-26-106

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.15

**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

### SE-26-108

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-102)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-108
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.25
- Grade Unit: g/t
- Intercept: 1.6 m
- True Width: 1.13 m
- From: 415.2 m
- To: 416.8 m
- Intercept Depth: 415.2 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-108:415.2-416.8
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 203
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 1.25 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.0 g/t·m is below.

- Negative factor: 1.25 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.25

Context: SE-26-108

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.13

**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

### SE-26-108

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-103)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-108
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 109
- Grade Unit: g/t
- Intercept: 1.6 m
- True Width: 1.13 m
- From: 415.2 m
- To: 416.8 m
- Intercept Depth: 415.2 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-108:415.2-416.8
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 203
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 109 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 174.4 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 109

Context: SE-26-108

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.13

**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

### SE-26-113

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-104)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-113
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 4.03
- Grade Unit: g/t
- Intercept: 1.65 m
- True Width: 1.06 m
- From: 392.4 m
- To: 394.05 m
- Intercept Depth: 392.4 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-113:392.4-394.05
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 414
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 4.03 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 6.6 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.03

Context: SE-26-113

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.06

**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

### SE-26-113

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-105)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-113
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 112
- Grade Unit: g/t
- Intercept: 1.65 m
- True Width: 1.06 m
- From: 392.4 m
- To: 394.05 m
- Intercept Depth: 392.4 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-113:392.4-394.05
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 414
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 112 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 184.8 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 112

Context: SE-26-113

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.06

**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

### SE-26-114

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-106)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: SE-26-114
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 0.9
- Grade Unit: g/t
- Intercept: 2.75 m
- True Width: 1.94 m
- From: 127.4 m
- To: 130.15 m
- Intercept Depth: 127.4 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-114:127.4-130.15
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 192
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 0.9 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.5 g/t·m is below.

- Negative factor: 0.9 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.90

Context: SE-26-114

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.94

**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

### SE-26-114

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-107)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: SE-26-114
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 125
- Grade Unit: g/t
- Intercept: 2.75 m
- True Width: 1.94 m
- From: 127.4 m
- To: 130.15 m
- Intercept Depth: 127.4 m

#### Classification

- Sample Type: drill
- Group ID: SE-26-114:127.4-130.15
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 192
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 125 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 343.8 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 125

Context: SE-26-114

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.94

**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

### EWUG-26-087

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-108)

Santa Elena Silver/Gold Mine · gold

#### Identity

- Hole ID: EWUG-26-087
- Project: Santa Elena Silver/Gold Mine
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 1.48
- Grade Unit: g/t
- Intercept: 1.5 m
- True Width: 1.3 m
- From: 617.5 m
- To: 619 m
- Intercept Depth: 617.5 m

#### Classification

- Sample Type: drill
- Group ID: EWUG-26-087:617.5-619
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 137
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 1.48 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.2 g/t·m is below.

- Negative factor: 1.48 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.48

Context: EWUG-26-087

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.3

**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

### EWUG-26-087

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-majestic-receives-construction-permits-for-santo-ni-xf1-o-and-navidad-adva--2bf60d3e-b43f-4254-82cd-fa4cfbc24be4#fact-drill-facts-109)

Santa Elena Silver/Gold Mine · silver

#### Identity

- Hole ID: EWUG-26-087
- Project: Santa Elena Silver/Gold Mine
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AG

#### Geometry

- Grade: 26
- Grade Unit: g/t
- Intercept: 1.5 m
- True Width: 1.3 m
- From: 617.5 m
- To: 619 m
- Intercept Depth: 617.5 m

#### Classification

- Sample Type: drill
- Group ID: EWUG-26-087:617.5-619
- Mining Method: underground

#### Location

- CRS: WGS84 UTM Zone 12N

#### QA/QC

- Laboratory: SGS laboratory and First Majestic Central laboratory
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 137
- Metal Eq. Unit: g/t Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Expanded from assay table. 26 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 39.0 g/t·m is below.

- Negative factor: 26 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 26

Context: EWUG-26-087

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.3

**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.