First Majestic Reports High-Grade Drill Results and Expands Exploration Footprint at San Dimas

Original announcement by tmx on

Company
First Majestic Silver Corp.
Ticker
AG
Exchange
TSX
Region
Durango, Mexico
Primary commodity
Silver
Secondary commodities
Gold
Document categories
Drill results
Extracted
2026-09-13 10:25:23 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

First Majestic Silver Corp. announced positive drill results from its 2026 exploration program at the San Dimas Silver/Gold Mine in Durango, Mexico. The program, which includes both resource-conversion and resource-addition drilling, returned multiple high-grade silver and gold intercepts across several vein systems, including Sinaloa-Elia, Coronado-Carmen Escobosa, Convención, and El Cristo. These results reinforce near-mine growth potential, expand the exploration footprint, and support future Mineral Resource conversion and growth opportunities.

Reasoning: The drill program at San Dimas has yielded numerous high-grade silver and gold intercepts, confirming continuity, expanding the known mineralization, and identifying new targets, all contributing to significant resource growth potential.

Positive factors

  • Multiple high-grade silver and gold intercepts
  • Expansion of exploration footprint
  • Support for resource conversion and addition
  • True width disclosed for all intercepts
  • Comprehensive QA/QC protocols and QP sign-off

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 144

Extracted facts

Stored fact records: 144. Some facts used in scoring do not have a stored record.

Drill Results (144)

COR25X-15San Dimas · silverGrade: 255Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
COR25X-15
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
255
Grade Unit
g/t
Intercept
1.9 m
True Width
1.65 m
From
432.75 m
To
434.65 m
Hole Depth
807 m
Intercept Depth
432.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR25X-15:432.75-434.65
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397620
Northing
2667605
CRS
UTM WGS84, Zone 13 (metres)
Elevation
579 m
Azimuth
332 °
Dip
16 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
444
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 255.0 g/t over 1.9 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“255”

Context: 432.75

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.65 m is stated for the intercept.

Evidence · table

“1.65”

Context: 432.75

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 432.75

COR25X-15San Dimas · goldGrade: 2.52Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
COR25X-15
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
2.52
Grade Unit
g/t
Intercept
1.9 m
True Width
1.65 m
From
432.75 m
To
434.65 m
Hole Depth
807 m
Intercept Depth
432.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR25X-15:432.75-434.65
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397620
Northing
2667605
CRS
UTM WGS84, Zone 13 (metres)
Elevation
579 m
Azimuth
332 °
Dip
16 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
444
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 2.52 g/t over 1.9 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“2.52”

Context: 432.75

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.65 m is stated for the intercept.

Evidence · table

“1.65”

Context: 432.75

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 432.75

COR25X-19San Dimas · silverGrade: 164Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
COR25X-19
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
164
Grade Unit
g/t
Intercept
3.75 m
True Width
3.33 m
From
457.9 m
To
461.65 m
Hole Depth
876 m
Intercept Depth
457.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR25X-19:457.9-461.65
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397623
Northing
2667584
CRS
UTM WGS84, Zone 13 (metres)
Elevation
579 m
Azimuth
317 °
Dip
11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
303
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 164.0 g/t over 3.75 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“164”

Context: 457.9

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 3.33 m is stated for the intercept.

Evidence · table

“3.33”

Context: 457.9

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 457.9

COR25X-19San Dimas · goldGrade: 1.85Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
COR25X-19
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.85
Grade Unit
g/t
Intercept
3.75 m
True Width
3.33 m
From
457.9 m
To
461.65 m
Hole Depth
876 m
Intercept Depth
457.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR25X-19:457.9-461.65
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397623
Northing
2667584
CRS
UTM WGS84, Zone 13 (metres)
Elevation
579 m
Azimuth
317 °
Dip
11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
303
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 1.85 g/t over 3.75 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.85”

Context: 457.9

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 3.33 m is stated for the intercept.

Evidence · table

“3.33”

Context: 457.9

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 457.9

COR26X-02San Dimas · silverGrade: 118Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
COR26X-02
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
118
Grade Unit
g/t
Intercept
1.95 m
True Width
1.32 m
From
467.8 m
To
469.75 m
Hole Depth
573 m
Intercept Depth
467.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-02:467.8-469.75
Mining Method
underground

Location

Location
Coronado
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
168 °
Dip
-59 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
174
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 118.0 g/t over 1.95 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“118”

Context: 467.8

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.32 m is stated for the intercept.

Evidence · table

“1.32”

Context: 467.8

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 467.8

COR26X-02San Dimas · goldGrade: 0.74Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
COR26X-02
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
0.74
Grade Unit
g/t
Intercept
1.95 m
True Width
1.32 m
From
467.8 m
To
469.75 m
Hole Depth
573 m
Intercept Depth
467.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-02:467.8-469.75
Mining Method
underground

Location

Location
Coronado
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
168 °
Dip
-59 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
174
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 0.74 g/t over 1.95 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“0.74”

Context: 467.8

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.32 m is stated for the intercept.

Evidence · table

“1.32”

Context: 467.8

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 467.8

COR26X-03San Dimas · silverGrade: 281Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
COR26X-03
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
281
Grade Unit
g/t
Intercept
1.6 m
True Width
1.31 m
From
617.75 m
To
619.35 m
Hole Depth
846 m
Intercept Depth
617.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-03:617.75-619.35
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397700
Northing
2667559
CRS
UTM WGS84, Zone 13 (metres)
Elevation
578 m
Azimuth
348 °
Dip
15 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
511
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 281.0 g/t over 1.6 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“281”

Context: 617.75

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.31 m is stated for the intercept.

Evidence · table

“1.31”

Context: 617.75

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 617.75

COR26X-03San Dimas · goldGrade: 3.06Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
COR26X-03
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
3.06
Grade Unit
g/t
Intercept
1.6 m
True Width
1.31 m
From
617.75 m
To
619.35 m
Hole Depth
846 m
Intercept Depth
617.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-03:617.75-619.35
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397700
Northing
2667559
CRS
UTM WGS84, Zone 13 (metres)
Elevation
578 m
Azimuth
348 °
Dip
15 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
511
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 3.06 g/t over 1.6 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“3.06”

Context: 617.75

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.31 m is stated for the intercept.

Evidence · table

“1.31”

Context: 617.75

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 617.75

COR26X-06San Dimas · silverGrade: 246Grade Unit: g/tIntercept: 5.95 mView all details
Link to this fact

Identity

Hole ID
COR26X-06
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
246
Grade Unit
g/t
Intercept
5.95 m
True Width
4.22 m
From
588.75 m
To
594.7 m
Hole Depth
660 m
Intercept Depth
588.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-06:588.75-594.7
Mining Method
underground

Location

Location
Coronado 1
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
141 °
Dip
-66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
466
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 246.0 g/t over 5.95 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“246”

Context: 588.75

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 4.22 m is stated for the intercept.

Evidence · table

“4.22”

Context: 588.75

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 588.75

COR26X-06San Dimas · goldGrade: 2.94Grade Unit: g/tIntercept: 5.95 mView all details
Link to this fact

Identity

Hole ID
COR26X-06
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
2.94
Grade Unit
g/t
Intercept
5.95 m
True Width
4.22 m
From
588.75 m
To
594.7 m
Hole Depth
660 m
Intercept Depth
588.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-06:588.75-594.7
Mining Method
underground

Location

Location
Coronado 1
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
141 °
Dip
-66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
466
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 2.94 g/t over 5.95 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“2.94”

Context: 588.75

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 4.22 m is stated for the intercept.

Evidence · table

“4.22”

Context: 588.75

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 588.75

COR26X-06San Dimas · silverGrade: 544Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
COR26X-06
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
544
Grade Unit
g/t
Intercept
0.9 m
True Width
0.64 m
From
589.1 m
To
590 m
Hole Depth
660 m
Intercept Depth
588.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-06:589.1-590
Mining Method
underground

Location

Location
Include 1
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
141 °
Dip
-66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1027
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 544.0 g/t over 0.9 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“544”

Context: 589.1

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.64 m is stated for the intercept.

Evidence · table

“0.64”

Context: 589.1

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Silver grade of 544.0 g/t is exceptional (>=500 g/t) for underground mining.

Evidence · table

“544”

Context: 589.1

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 589.1

COR26X-06San Dimas · goldGrade: 6.44Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
COR26X-06
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
6.44
Grade Unit
g/t
Intercept
0.9 m
True Width
0.64 m
From
589.1 m
To
590 m
Hole Depth
660 m
Intercept Depth
588.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-06:589.1-590
Mining Method
underground

Location

Location
Include 1
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
141 °
Dip
-66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1027
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 6.44 g/t over 0.9 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“6.44”

Context: 589.1

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.64 m is stated for the intercept.

Evidence · table

“0.64”

Context: 589.1

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 589.1

COR26X-06San Dimas · silverGrade: 647Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
COR26X-06
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
647
Grade Unit
g/t
Intercept
0.55 m
True Width
0.39 m
From
591.15 m
To
591.7 m
Hole Depth
660 m
Intercept Depth
588.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-06:591.15-591.7
Mining Method
underground

Location

Location
Include 2
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
141 °
Dip
-66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1264
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 647.0 g/t over 0.55 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“647”

Context: 591.15

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.39 m is stated for the intercept.

Evidence · table

“0.39”

Context: 591.15

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Silver grade of 647.0 g/t is exceptional (>=500 g/t) for underground mining.

Evidence · table

“647”

Context: 591.15

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 591.15

COR26X-06San Dimas · goldGrade: 8.24Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
COR26X-06
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
8.24
Grade Unit
g/t
Intercept
0.55 m
True Width
0.39 m
From
591.15 m
To
591.7 m
Hole Depth
660 m
Intercept Depth
588.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-06:591.15-591.7
Mining Method
underground

Location

Location
Include 2
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
141 °
Dip
-66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1264
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 8.24 g/t over 0.55 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“8.24”

Context: 591.15

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.39 m is stated for the intercept.

Evidence · table

“0.39”

Context: 591.15

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Gold grade of 8.24 g/t is strong (>=7 g/t) for underground mining.

Evidence · table

“8.24”

Context: 591.15

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 591.15

COR26X-06San Dimas · silverGrade: 105Grade Unit: g/tIntercept: 6.55 mView all details
Link to this fact

Identity

Hole ID
COR26X-06
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
105
Grade Unit
g/t
Intercept
6.55 m
True Width
4.63 m
From
597.7 m
To
604.25 m
Hole Depth
660 m
Intercept Depth
588.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-06:597.7-604.25
Mining Method
underground

Location

Location
Coronado 2
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
141 °
Dip
-66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
204
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 105.0 g/t over 6.55 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“105”

Context: 597.7

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 4.63 m is stated for the intercept.

Evidence · table

“4.63”

Context: 597.7

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 597.7

COR26X-06San Dimas · goldGrade: 1.32Grade Unit: g/tIntercept: 6.55 mView all details
Link to this fact

Identity

Hole ID
COR26X-06
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.32
Grade Unit
g/t
Intercept
6.55 m
True Width
4.63 m
From
597.7 m
To
604.25 m
Hole Depth
660 m
Intercept Depth
588.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-06:597.7-604.25
Mining Method
underground

Location

Location
Coronado 2
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
141 °
Dip
-66 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
204
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 1.32 g/t over 6.55 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.32”

Context: 597.7

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 4.63 m is stated for the intercept.

Evidence · table

“4.63”

Context: 597.7

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 597.7

COR26X-08San Dimas · silverGrade: 121Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
COR26X-08
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
121
Grade Unit
g/t
Intercept
6.1 m
True Width
3.05 m
From
550.7 m
To
556.8 m
Hole Depth
630 m
Intercept Depth
550.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-08:550.7-556.8
Mining Method
underground

Location

Location
Coronado
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
164 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
221
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 121.0 g/t over 6.1 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“121”

Context: 550.7

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 3.05 m is stated for the intercept.

Evidence · table

“3.05”

Context: 550.7

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 550.7

COR26X-08San Dimas · goldGrade: 1.33Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
COR26X-08
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.33
Grade Unit
g/t
Intercept
6.1 m
True Width
3.05 m
From
550.7 m
To
556.8 m
Hole Depth
630 m
Intercept Depth
550.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
COR26X-08:550.7-556.8
Mining Method
underground

Location

Location
Coronado
Easting
396999
Northing
2668395
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1215 m
Azimuth
164 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
221
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 1.33 g/t over 6.1 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.33”

Context: 550.7

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 3.05 m is stated for the intercept.

Evidence · table

“3.05”

Context: 550.7

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 550.7

CMNE26X-01San Dimas · silverGrade: 125Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
CMNE26X-01
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
125
Grade Unit
g/t
Intercept
1.7 m
True Width
1.2 m
From
373.2 m
To
374.9 m
Hole Depth
438 m
Intercept Depth
373.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
CMNE26X-01:373.2-374.9
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397146
Northing
2667860
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1048 m
Azimuth
86 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
218
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 125.0 g/t over 1.7 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“125”

Context: 373.2

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.2 m is stated for the intercept.

Evidence · table

“1.2”

Context: 373.2

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 373.2

CMNE26X-01San Dimas · goldGrade: 1.24Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
CMNE26X-01
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.24
Grade Unit
g/t
Intercept
1.7 m
True Width
1.2 m
From
373.2 m
To
374.9 m
Hole Depth
438 m
Intercept Depth
373.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
CMNE26X-01:373.2-374.9
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397146
Northing
2667860
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1048 m
Azimuth
86 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
218
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 1.24 g/t over 1.7 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.24”

Context: 373.2

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.2 m is stated for the intercept.

Evidence · table

“1.2”

Context: 373.2

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 373.2

CMNE26X-02San Dimas · silverGrade: 588Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
CMNE26X-02
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
588
Grade Unit
g/t
Intercept
2.75 m
True Width
1.58 m
From
327 m
To
329.75 m
Hole Depth
501 m
Intercept Depth
327 m

Classification

Program
exploration
Sample Type
drill
Group ID
CMNE26X-02:327-329.75
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397145
Northing
2667860
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1048 m
Azimuth
61 °
Dip
-83 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1042
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 588.0 g/t over 2.75 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“588”

Context: 327.0

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.58 m is stated for the intercept.

Evidence · table

“1.58”

Context: 327.0

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Silver grade of 588.0 g/t is exceptional (>=500 g/t) for underground mining.

Evidence · table

“588”

Context: 327.0

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 327.0

CMNE26X-02San Dimas · goldGrade: 6.05Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
CMNE26X-02
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
6.05
Grade Unit
g/t
Intercept
2.75 m
True Width
1.58 m
From
327 m
To
329.75 m
Hole Depth
501 m
Intercept Depth
327 m

Classification

Program
exploration
Sample Type
drill
Group ID
CMNE26X-02:327-329.75
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397145
Northing
2667860
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1048 m
Azimuth
61 °
Dip
-83 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1042
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 6.05 g/t over 2.75 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“6.05”

Context: 327.0

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.58 m is stated for the intercept.

Evidence · table

“1.58”

Context: 327.0

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 327.0

CMNE26X-02San Dimas · silverGrade: 1208Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
CMNE26X-02
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1208
Grade Unit
g/t
Intercept
1 m
True Width
0.57 m
From
328 m
To
329 m
Hole Depth
501 m
Intercept Depth
327 m

Classification

Program
exploration
Sample Type
drill
Group ID
CMNE26X-02:328-329
Mining Method
underground

Location

Location
Include 1
Easting
397145
Northing
2667860
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1048 m
Azimuth
61 °
Dip
-83 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2144
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 1208.0 g/t over 1.0 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1208”

Context: 328.0

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.57 m is stated for the intercept.

Evidence · table

“0.57”

Context: 328.0

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Silver grade of 1208.0 g/t is exceptional (>=500 g/t) for underground mining.

Evidence · table

“1208”

Context: 328.0

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 328.0

CMNE26X-02San Dimas · goldGrade: 12.48Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
CMNE26X-02
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
12.48
Grade Unit
g/t
Intercept
1 m
True Width
0.57 m
From
328 m
To
329 m
Hole Depth
501 m
Intercept Depth
327 m

Classification

Program
exploration
Sample Type
drill
Group ID
CMNE26X-02:328-329
Mining Method
underground

Location

Location
Include 1
Easting
397145
Northing
2667860
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1048 m
Azimuth
61 °
Dip
-83 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2144
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 12.48 g/t over 1.0 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“12.48”

Context: 328.0

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.57 m is stated for the intercept.

Evidence · table

“0.57”

Context: 328.0

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 328.0

CMNE26X-04San Dimas · silverGrade: 175Grade Unit: g/tIntercept: 4.65 mView all details
Link to this fact

Identity

Hole ID
CMNE26X-04
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
175
Grade Unit
g/t
Intercept
4.65 m
True Width
3.42 m
From
303 m
To
307.65 m
Hole Depth
369 m
Intercept Depth
303 m

Classification

Program
exploration
Sample Type
drill
Group ID
CMNE26X-04:303-307.65
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397145
Northing
2667860
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1048 m
Azimuth
204 °
Dip
-71 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
315
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 175.0 g/t over 4.65 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“175”

Context: 303.0

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 3.42 m is stated for the intercept.

Evidence · table

“3.42”

Context: 303.0

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 303.0

CMNE26X-04San Dimas · goldGrade: 1.87Grade Unit: g/tIntercept: 4.65 mView all details
Link to this fact

Identity

Hole ID
CMNE26X-04
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.87
Grade Unit
g/t
Intercept
4.65 m
True Width
3.42 m
From
303 m
To
307.65 m
Hole Depth
369 m
Intercept Depth
303 m

Classification

Program
exploration
Sample Type
drill
Group ID
CMNE26X-04:303-307.65
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397145
Northing
2667860
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1048 m
Azimuth
204 °
Dip
-71 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
315
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 1.87 g/t over 4.65 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.87”

Context: 303.0

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 3.42 m is stated for the intercept.

Evidence · table

“3.42”

Context: 303.0

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 303.0

CMNE26X-05San Dimas · silverGrade: 137Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
CMNE26X-05
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
137
Grade Unit
g/t
Intercept
3.25 m
True Width
2.49 m
From
407.05 m
To
410.3 m
Hole Depth
474 m
Intercept Depth
407.05 m

Classification

Program
exploration
Sample Type
drill
Group ID
CMNE26X-05:407.05-410.3
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397142
Northing
2667860
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1049 m
Azimuth
69 °
Dip
-72 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
246
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 137.0 g/t over 3.25 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“137”

Context: 407.05

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 2.49 m is stated for the intercept.

Evidence · table

“2.49”

Context: 407.05

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 407.05

CMNE26X-05San Dimas · goldGrade: 1.45Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
CMNE26X-05
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.45
Grade Unit
g/t
Intercept
3.25 m
True Width
2.49 m
From
407.05 m
To
410.3 m
Hole Depth
474 m
Intercept Depth
407.05 m

Classification

Program
exploration
Sample Type
drill
Group ID
CMNE26X-05:407.05-410.3
Mining Method
underground

Location

Location
Carmen Escobosa
Easting
397142
Northing
2667860
CRS
UTM WGS84, Zone 13 (metres)
Elevation
1049 m
Azimuth
69 °
Dip
-72 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
246
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 1.45 g/t over 3.25 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.45”

Context: 407.05

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 2.49 m is stated for the intercept.

Evidence · table

“2.49”

Context: 407.05

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 407.05

ELI25X-58San Dimas · silverGrade: 1070Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
ELI25X-58
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1070
Grade Unit
g/t
Intercept
3.25 m
True Width
1.75 m
From
218.1 m
To
221.35 m
Hole Depth
258 m
Intercept Depth
218.1 m

Classification

Program
resource
Sample Type
drill
Group ID
ELI25X-58:218.1-221.35
Mining Method
underground

Location

Location
Sinaloa - Elia
Easting
400249
Northing
2666593
CRS
UTM WGS84, Zone 13 (metres)
Elevation
395 m
Azimuth
333 °
Dip
-26 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2908
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 1070.0 g/t over 3.25 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1070”

Context: 218.1

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: This intercept is part of a resource conversion program, confirming continuity.

Evidence · table

“Resource conversion”

Context: 218.1

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.75 m is stated for the intercept.

Evidence · table

“1.75”

Context: 218.1

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Silver grade of 1070.0 g/t is exceptional (>=500 g/t) for underground mining.

Evidence · table

“1070”

Context: 218.1

ELI25X-58San Dimas · goldGrade: 24.51Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
ELI25X-58
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
24.51
Grade Unit
g/t
Intercept
3.25 m
True Width
1.75 m
From
218.1 m
To
221.35 m
Hole Depth
258 m
Intercept Depth
218.1 m

Classification

Program
resource
Sample Type
drill
Group ID
ELI25X-58:218.1-221.35
Mining Method
underground

Location

Location
Sinaloa - Elia
Easting
400249
Northing
2666593
CRS
UTM WGS84, Zone 13 (metres)
Elevation
395 m
Azimuth
333 °
Dip
-26 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2908
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 24.51 g/t over 3.25 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“24.51”

Context: 218.1

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: This intercept is part of a resource conversion program, confirming continuity.

Evidence · table

“Resource conversion”

Context: 218.1

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.75 m is stated for the intercept.

Evidence · table

“1.75”

Context: 218.1

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Gold grade of 24.51 g/t is exceptional (>=15 g/t) for underground mining.

Evidence · table

“24.51”

Context: 218.1

ELI25X-58San Dimas · silverGrade: 3170Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
ELI25X-58
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
3170
Grade Unit
g/t
Intercept
1.05 m
True Width
0.56 m
From
218.75 m
To
219.8 m
Hole Depth
258 m
Intercept Depth
218.1 m

Classification

Program
resource
Sample Type
drill
Group ID
ELI25X-58:218.75-219.8
Mining Method
underground

Location

Location
Include 1
Easting
400249
Northing
2666593
CRS
UTM WGS84, Zone 13 (metres)
Elevation
395 m
Azimuth
333 °
Dip
-26 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
8720
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 3170.0 g/t over 1.05 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“3170”

Context: 218.75

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: This intercept is part of a resource conversion program, confirming continuity.

Evidence · table

“Resource conversion”

Context: 218.75

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.56 m is stated for the intercept.

Evidence · table

“0.56”

Context: 218.75

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Silver grade of 3170.0 g/t is exceptional (>=500 g/t) for underground mining.

Evidence · table

“3170”

Context: 218.75

ELI25X-58San Dimas · goldGrade: 74Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
ELI25X-58
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
74
Grade Unit
g/t
Intercept
1.05 m
True Width
0.56 m
From
218.75 m
To
219.8 m
Hole Depth
258 m
Intercept Depth
218.1 m

Classification

Program
resource
Sample Type
drill
Group ID
ELI25X-58:218.75-219.8
Mining Method
underground

Location

Location
Include 1
Easting
400249
Northing
2666593
CRS
UTM WGS84, Zone 13 (metres)
Elevation
395 m
Azimuth
333 °
Dip
-26 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
8720
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 74.0 g/t over 1.05 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“74.0”

Context: 218.75

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: This intercept is part of a resource conversion program, confirming continuity.

Evidence · table

“Resource conversion”

Context: 218.75

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.56 m is stated for the intercept.

Evidence · table

“0.56”

Context: 218.75

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Gold grade of 74.0 g/t is exceptional (>=15 g/t) for underground mining.

Evidence · table

“74.0”

Context: 218.75

ELI25X-59San Dimas · silverGrade: 173Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
ELI25X-59
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
173
Grade Unit
g/t
Intercept
2.3 m
True Width
1.55 m
From
307.85 m
To
310.15 m
Hole Depth
432 m
Intercept Depth
307.85 m

Classification

Program
exploration
Sample Type
drill
Group ID
ELI25X-59:307.85-310.15
Mining Method
underground

Location

Location
Sinaloa - Elia
Easting
400319
Northing
2667087
CRS
UTM WGS84, Zone 13 (metres)
Elevation
550 m
Azimuth
143 °
Dip
-22 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
332
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 173.0 g/t over 2.3 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“173”

Context: 307.85

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.55 m is stated for the intercept.

Evidence · table

“1.55”

Context: 307.85

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 307.85

ELI25X-59San Dimas · goldGrade: 2.12Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
ELI25X-59
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
2.12
Grade Unit
g/t
Intercept
2.3 m
True Width
1.55 m
From
307.85 m
To
310.15 m
Hole Depth
432 m
Intercept Depth
307.85 m

Classification

Program
exploration
Sample Type
drill
Group ID
ELI25X-59:307.85-310.15
Mining Method
underground

Location

Location
Sinaloa - Elia
Easting
400319
Northing
2667087
CRS
UTM WGS84, Zone 13 (metres)
Elevation
550 m
Azimuth
143 °
Dip
-22 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
332
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 2.12 g/t over 2.3 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“2.12”

Context: 307.85

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.55 m is stated for the intercept.

Evidence · table

“1.55”

Context: 307.85

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 307.85

ELI25X-59San Dimas · silverGrade: 525Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
ELI25X-59
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
525
Grade Unit
g/t
Intercept
0.45 m
True Width
0.3 m
From
309 m
To
309.45 m
Hole Depth
432 m
Intercept Depth
307.85 m

Classification

Program
exploration
Sample Type
drill
Group ID
ELI25X-59:309-309.45
Mining Method
underground

Location

Location
Include 1
Easting
400319
Northing
2667087
CRS
UTM WGS84, Zone 13 (metres)
Elevation
550 m
Azimuth
143 °
Dip
-22 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1082
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 525.0 g/t over 0.45 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“525”

Context: 309.0

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.3 m is stated for the intercept.

Evidence · table

“0.3”

Context: 309.0

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Silver grade of 525.0 g/t is exceptional (>=500 g/t) for underground mining.

Evidence · table

“525”

Context: 309.0

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 309.0

ELI25X-59San Dimas · goldGrade: 7.43Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
ELI25X-59
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
7.43
Grade Unit
g/t
Intercept
0.45 m
True Width
0.3 m
From
309 m
To
309.45 m
Hole Depth
432 m
Intercept Depth
307.85 m

Classification

Program
exploration
Sample Type
drill
Group ID
ELI25X-59:309-309.45
Mining Method
underground

Location

Location
Include 1
Easting
400319
Northing
2667087
CRS
UTM WGS84, Zone 13 (metres)
Elevation
550 m
Azimuth
143 °
Dip
-22 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1082
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 7.43 g/t over 0.45 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“7.43”

Context: 309.0

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.3 m is stated for the intercept.

Evidence · table

“0.3”

Context: 309.0

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Gold grade of 7.43 g/t is strong (>=7 g/t) for underground mining.

Evidence · table

“7.43”

Context: 309.0

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 309.0

ELI26X-01San Dimas · silverGrade: 81Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
ELI26X-01
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
81
Grade Unit
g/t
Intercept
3.25 m
True Width
2.3 m
From
252.85 m
To
256.1 m
Hole Depth
312 m
Intercept Depth
252.85 m

Classification

Program
exploration
Sample Type
drill
Group ID
ELI26X-01:252.85-256.1
Mining Method
underground

Location

Location
Sinaloa - Elia
Easting
400250
Northing
2666593
CRS
UTM WGS84, Zone 13 (metres)
Elevation
395 m
Azimuth
333 °
Dip
-27 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
177
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 81.0 g/t over 3.25 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“81”

Context: 252.85

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 2.3 m is stated for the intercept.

Evidence · table

“2.3”

Context: 252.85

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 252.85

ELI26X-01San Dimas · goldGrade: 1.28Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
ELI26X-01
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.28
Grade Unit
g/t
Intercept
3.25 m
True Width
2.3 m
From
252.85 m
To
256.1 m
Hole Depth
312 m
Intercept Depth
252.85 m

Classification

Program
exploration
Sample Type
drill
Group ID
ELI26X-01:252.85-256.1
Mining Method
underground

Location

Location
Sinaloa - Elia
Easting
400250
Northing
2666593
CRS
UTM WGS84, Zone 13 (metres)
Elevation
395 m
Azimuth
333 °
Dip
-27 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
177
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 1.28 g/t over 3.25 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.28”

Context: 252.85

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 2.3 m is stated for the intercept.

Evidence · table

“2.3”

Context: 252.85

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 252.85

ELI26X-02San Dimas · silverGrade: 103Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
ELI26X-02
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
103
Grade Unit
g/t
Intercept
1.3 m
True Width
1.18 m
From
337.95 m
To
339.25 m
Hole Depth
429 m
Intercept Depth
337.95 m

Classification

Program
exploration
Sample Type
drill
Group ID
ELI26X-02:337.95-339.25
Mining Method
underground

Location

Location
Sinaloa - Elia
Easting
400319
Northing
2667087
CRS
UTM WGS84, Zone 13 (metres)
Elevation
550 m
Azimuth
129 °
Dip
-15 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
212
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 103.0 g/t over 1.3 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“103”

Context: 337.95

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.18 m is stated for the intercept.

Evidence · table

“1.18”

Context: 337.95

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 337.95

ELI26X-02San Dimas · goldGrade: 1.45Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
ELI26X-02
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.45
Grade Unit
g/t
Intercept
1.3 m
True Width
1.18 m
From
337.95 m
To
339.25 m
Hole Depth
429 m
Intercept Depth
337.95 m

Classification

Program
exploration
Sample Type
drill
Group ID
ELI26X-02:337.95-339.25
Mining Method
underground

Location

Location
Sinaloa - Elia
Easting
400319
Northing
2667087
CRS
UTM WGS84, Zone 13 (metres)
Elevation
550 m
Azimuth
129 °
Dip
-15 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
212
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 1.45 g/t over 1.3 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.45”

Context: 337.95

Tags used in scoring

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.18 m is stated for the intercept.

Evidence · table

“1.18”

Context: 337.95

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of a resource addition program, extending known mineralization.

Evidence · table

“Resource addition”

Context: 337.95

ELI26X-03San Dimas · silverGrade: 104Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
ELI26X-03
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
104
Grade Unit
g/t
Intercept
1.1 m
True Width
0.78 m
From
117.7 m
To
118.8 m
Hole Depth
312 m
Intercept Depth
117.7 m

Classification

Program
resource
Sample Type
drill
Group ID
ELI26X-03:117.7-118.8
Mining Method
underground

Location

Location
FW Vein
Easting
400249
Northing
2666593
CRS
UTM WGS84, Zone 13 (metres)
Elevation
395 m
Azimuth
338 °
Dip
-22 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
182
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 104.0 g/t over 1.1 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“104”

Context: 117.7

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: This intercept is part of a resource conversion program, confirming continuity.

Evidence · table

“Resource conversion”

Context: 117.7

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.78 m is stated for the intercept.

Evidence · table

“0.78”

Context: 117.7

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”
ELI26X-03San Dimas · goldGrade: 1.05Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
ELI26X-03
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
1.1 m
True Width
0.78 m
From
117.7 m
To
118.8 m
Hole Depth
312 m
Intercept Depth
117.7 m

Classification

Program
resource
Sample Type
drill
Group ID
ELI26X-03:117.7-118.8
Mining Method
underground

Location

Location
FW Vein
Easting
400249
Northing
2666593
CRS
UTM WGS84, Zone 13 (metres)
Elevation
395 m
Azimuth
338 °
Dip
-22 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
182
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 1.05 g/t over 1.1 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“1.05”

Context: 117.7

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: This intercept is part of a resource conversion program, confirming continuity.

Evidence · table

“Resource conversion”

Context: 117.7

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 0.78 m is stated for the intercept.

Evidence · table

“0.78”

Context: 117.7

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”
ELI26X-03San Dimas · silverGrade: 92Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
ELI26X-03
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
92
Grade Unit
g/t
Intercept
1.5 m
True Width
1.06 m
From
123.25 m
To
124.75 m
Hole Depth
312 m
Intercept Depth
117.7 m

Classification

Program
resource
Sample Type
drill
Group ID
ELI26X-03:123.25-124.75
Mining Method
underground

Location

Location
Sinaloa - Elia
Easting
400249
Northing
2666593
CRS
UTM WGS84, Zone 13 (metres)
Elevation
395 m
Azimuth
338 °
Dip
-22 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1791
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade silver intercept of 92.0 g/t over 1.5 m true width, supporting resource growth.

Positive factors

  • High-grade silver
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“92”

Context: 123.25

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: This intercept is part of a resource conversion program, confirming continuity.

Evidence · table

“Resource conversion”

Context: 123.25

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.06 m is stated for the intercept.

Evidence · table

“1.06”

Context: 123.25

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”
ELI26X-03San Dimas · goldGrade: 22.65Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
ELI26X-03
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
22.65
Grade Unit
g/t
Intercept
1.5 m
True Width
1.06 m
From
123.25 m
To
124.75 m
Hole Depth
312 m
Intercept Depth
117.7 m

Classification

Program
resource
Sample Type
drill
Group ID
ELI26X-03:123.25-124.75
Mining Method
underground

Location

Location
Sinaloa - Elia
Easting
400249
Northing
2666593
CRS
UTM WGS84, Zone 13 (metres)
Elevation
395 m
Azimuth
338 °
Dip
-22 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1791
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
171
Cutoff Unit
g/t AgEq
Dilution Disclosed
Yes
Max Dilution
1 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade gold intercept of 22.65 g/t over 1.5 m true width, supporting resource growth.

Positive factors

  • High-grade gold
  • True width disclosed
  • QA/QC disclosed

Evidence · table

“22.65”

Context: 123.25

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: This intercept is part of a resource conversion program, confirming continuity.

Evidence · table

“Resource conversion”

Context: 123.25

Compositing Transparentpositive

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

Why it applies: cutoff_grade and internal dilution are both stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

True Width DisclosedRejected · positive

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

Reason: True width of 1.06 m is stated for the intercept.

Evidence · table

“1.06”

Context: 123.25

QA/QC DisclosedRejected · positive

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

Reason: QA/QC protocols including standards, blanks, duplicates, and certified lab are disclosed.

Evidence · text

“First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream.”

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Gold grade of 22.65 g/t is exceptional (>=15 g/t) for underground mining.

Evidence · table

“22.65”

Context: 123.25

ELI26X-08San Dimas · silverGrade: 1377Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
ELI26X-08
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1377
Grade Unit
g/t
Intercept
2.35 m
True Width
2.04 m
From
198.5 m
To
200.85 m
Intercept Depth
198.5 m

Classification

Sample Type
drill
Group ID
ELI26X-08:198.5-200.85
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2980
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1377 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 3236.0 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 1377 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1,377”

Context: ELI26X-08

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.04

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-08San Dimas · goldGrade: 21.38Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
ELI26X-08
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
21.38
Grade Unit
g/t
Intercept
2.35 m
True Width
2.04 m
From
198.5 m
To
200.85 m
Intercept Depth
198.5 m

Classification

Sample Type
drill
Group ID
ELI26X-08:198.5-200.85
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2980
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 21.38 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 50.2 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 21.38 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“21.38”

Context: ELI26X-08

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.04

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-10San Dimas · silverGrade: 2604Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
ELI26X-10
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
2604
Grade Unit
g/t
Intercept
1.2 m
True Width
0.88 m
From
191.5 m
To
192.7 m
Intercept Depth
191.5 m

Classification

Sample Type
drill
Group ID
ELI26X-10:191.5-192.7
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
5835
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2604 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 3124.8 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 2604 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2,604”

Context: ELI26X-10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.88

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-10San Dimas · goldGrade: 43.08Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
ELI26X-10
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
43.08
Grade Unit
g/t
Intercept
1.2 m
True Width
0.88 m
From
191.5 m
To
192.7 m
Intercept Depth
191.5 m

Classification

Sample Type
drill
Group ID
ELI26X-10:191.5-192.7
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
5835
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 43.08 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 51.7 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 43.08 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“43.08”

Context: ELI26X-10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.88

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-22San Dimas · silverGrade: 673Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
ELI26X-22
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
673
Grade Unit
g/t
Intercept
2.7 m
True Width
1.99 m
From
342.6 m
To
345.3 m
Intercept Depth
342.6 m

Classification

Sample Type
drill
Group ID
ELI26X-22:342.6-345.3
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1809
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 673 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 1817.1 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 673 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“673”

Context: ELI26X-22

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.99

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-22San Dimas · goldGrade: 15.15Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
ELI26X-22
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
15.15
Grade Unit
g/t
Intercept
2.7 m
True Width
1.99 m
From
342.6 m
To
345.3 m
Intercept Depth
342.6 m

Classification

Sample Type
drill
Group ID
ELI26X-22:342.6-345.3
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1809
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 15.15 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 40.9 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.15 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“15.15”

Context: ELI26X-22

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.99

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-07San Dimas · silverGrade: 373Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
ELI26X-07
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
373
Grade Unit
g/t
Intercept
6.1 m
True Width
4.45 m
From
177.55 m
To
183.65 m
Intercept Depth
177.55 m

Classification

Sample Type
drill
Group ID
ELI26X-07:177.55-183.65
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
729
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 373 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 2275.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 373 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“373”

Context: ELI26X-07

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.45

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-07San Dimas · goldGrade: 4.75Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
ELI26X-07
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
4.75
Grade Unit
g/t
Intercept
6.1 m
True Width
4.45 m
From
177.55 m
To
183.65 m
Intercept Depth
177.55 m

Classification

Sample Type
drill
Group ID
ELI26X-07:177.55-183.65
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
729
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 4.75 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 29.0 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.75”

Context: ELI26X-07

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.45

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SJE26X-08San Dimas · silverGrade: 251Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
SJE26X-08
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
251
Grade Unit
g/t
Intercept
3.35 m
True Width
2.57 m
From
310.7 m
To
314.05 m
Intercept Depth
310.7 m

Classification

Sample Type
drill
Group ID
SJE26X-08:310.7-314.05
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
433
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 251 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 840.9 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 251 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“251”

Context: SJE26X-08

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.57

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SJE26X-08San Dimas · goldGrade: 2.56Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
SJE26X-08
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
2.56
Grade Unit
g/t
Intercept
3.35 m
True Width
2.57 m
From
310.7 m
To
314.05 m
Intercept Depth
310.7 m

Classification

Sample Type
drill
Group ID
SJE26X-08:310.7-314.05
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
433
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2.56 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.6 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.56”

Context: SJE26X-08

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.57

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SJE26X-10San Dimas · silverGrade: 281Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
SJE26X-10
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
281
Grade Unit
g/t
Intercept
3.1 m
True Width
1.55 m
From
358.7 m
To
361.8 m
Intercept Depth
358.7 m

Classification

Sample Type
drill
Group ID
SJE26X-10:358.7-361.8
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
492
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 281 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 871.1 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 281 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“281”

Context: SJE26X-10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.55

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SJE26X-10San Dimas · goldGrade: 2.81Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
SJE26X-10
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
2.81
Grade Unit
g/t
Intercept
3.1 m
True Width
1.55 m
From
358.7 m
To
361.8 m
Intercept Depth
358.7 m

Classification

Sample Type
drill
Group ID
SJE26X-10:358.7-361.8
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
492
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2.81 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.7 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.81”

Context: SJE26X-10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.55

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-02San Dimas · silverGrade: 2625Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-02
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
2625
Grade Unit
g/t
Intercept
1.7 m
True Width
1.3 m
From
511.3 m
To
513 m
Intercept Depth
511.3 m

Classification

Sample Type
drill
Group ID
LUZ26X-02:511.3-513
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
6994
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2625 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 4462.5 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 2625 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2,625”

Context: LUZ26X-02

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.3

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-02San Dimas · goldGrade: 58.25Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-02
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
58.25
Grade Unit
g/t
Intercept
1.7 m
True Width
1.3 m
From
511.3 m
To
513 m
Intercept Depth
511.3 m

Classification

Sample Type
drill
Group ID
LUZ26X-02:511.3-513
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
6994
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 58.25 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 99.0 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 58.25 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“58.25”

Context: LUZ26X-02

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.3

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-03San Dimas · silverGrade: 1895Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-03
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1895
Grade Unit
g/t
Intercept
2.2 m
True Width
1.69 m
From
391.15 m
To
393.35 m
Intercept Depth
391.15 m

Classification

Sample Type
drill
Group ID
LUZ26X-03:391.15-393.35
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
4063
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1895 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 4169.0 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 1895 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1,895”

Context: LUZ26X-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.69

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-03San Dimas · goldGrade: 28.91Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-03
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
28.91
Grade Unit
g/t
Intercept
2.2 m
True Width
1.69 m
From
391.15 m
To
393.35 m
Intercept Depth
391.15 m

Classification

Sample Type
drill
Group ID
LUZ26X-03:391.15-393.35
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
4063
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 28.91 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 63.6 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 28.91 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“28.91”

Context: LUZ26X-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.69

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-05San Dimas · goldGrade: 6.65Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ELI26X-05
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
6.65
Grade Unit
g/t
Intercept
1 m
True Width
0.71 m
From
149.8 m
To
150.8 m
Intercept Depth
149.8 m

Classification

Sample Type
drill
Group ID
ELI26X-05:149.8-150.8
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
847
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 6.65 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 6.7 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.65”

Context: ELI26X-05

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.71

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-05San Dimas · silverGrade: 348Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ELI26X-05
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
348
Grade Unit
g/t
Intercept
1 m
True Width
0.71 m
From
149.8 m
To
150.8 m
Intercept Depth
149.8 m

Classification

Sample Type
drill
Group ID
ELI26X-05:149.8-150.8
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
847
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 348 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 348.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 348 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“348”

Context: ELI26X-05

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.71

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-09San Dimas · goldGrade: 3.77Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
ELI26X-09
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
3.77
Grade Unit
g/t
Intercept
1.15 m
True Width
1 m
From
174.05 m
To
175.2 m
Intercept Depth
174.05 m

Classification

Sample Type
drill
Group ID
ELI26X-09:174.05-175.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
582
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 3.77 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 4.3 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.77”

Context: ELI26X-09

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-09San Dimas · silverGrade: 300Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
ELI26X-09
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
300
Grade Unit
g/t
Intercept
1.15 m
True Width
1 m
From
174.05 m
To
175.2 m
Intercept Depth
174.05 m

Classification

Sample Type
drill
Group ID
ELI26X-09:174.05-175.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
582
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 300 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 345.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 300 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“300”

Context: ELI26X-09

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-10San Dimas · goldGrade: 0.98Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
ELI26X-10
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
0.95 m
True Width
0.78 m
From
128.65 m
To
129.6 m
Intercept Depth
128.65 m

Classification

Sample Type
drill
Group ID
ELI26X-10:128.65-129.6
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
182
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 0.98 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 0.9 g/t·m is below.

Negative factors

  • 0.98 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.98”

Context: ELI26X-10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.78

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-10San Dimas · silverGrade: 108Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
ELI26X-10
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
108
Grade Unit
g/t
Intercept
0.95 m
True Width
0.78 m
From
128.65 m
To
129.6 m
Intercept Depth
128.65 m

Classification

Sample Type
drill
Group ID
ELI26X-10:128.65-129.6
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
182
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 108 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 102.6 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“108”

Context: ELI26X-10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.78

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-11San Dimas · goldGrade: 7.93Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
ELI26X-11
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
7.93
Grade Unit
g/t
Intercept
3.8 m
True Width
2.68 m
From
255 m
To
258.8 m
Intercept Depth
255 m

Classification

Sample Type
drill
Group ID
ELI26X-11:255-258.8
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
939
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 7.93 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.1 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 7.93 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“7.93”

Context: ELI26X-11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.68

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-11San Dimas · silverGrade: 344Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
ELI26X-11
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
344
Grade Unit
g/t
Intercept
3.8 m
True Width
2.68 m
From
255 m
To
258.8 m
Intercept Depth
255 m

Classification

Sample Type
drill
Group ID
ELI26X-11:255-258.8
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
939
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 344 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1307.2 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 344 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“344”

Context: ELI26X-11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.68

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-13San Dimas · goldGrade: 1.17Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
ELI26X-13
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
1.25 m
True Width
0.96 m
From
120.95 m
To
122.2 m
Intercept Depth
120.95 m

Classification

Sample Type
drill
Group ID
ELI26X-13:120.95-122.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
193
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1.17 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.5 g/t·m is below.

Negative factors

  • 1.17 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.17”

Context: ELI26X-13

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.96

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-13San Dimas · silverGrade: 105Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
ELI26X-13
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
105
Grade Unit
g/t
Intercept
1.25 m
True Width
0.96 m
From
120.95 m
To
122.2 m
Intercept Depth
120.95 m

Classification

Sample Type
drill
Group ID
ELI26X-13:120.95-122.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
193
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 105 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 131.3 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“105”

Context: ELI26X-13

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.96

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-14San Dimas · goldGrade: 6.44Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
ELI26X-14
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
6.44
Grade Unit
g/t
Intercept
1.95 m
True Width
1.2 m
From
275.25 m
To
277.2 m
Intercept Depth
275.25 m

Classification

Sample Type
drill
Group ID
ELI26X-14:275.25-277.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
852
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 6.44 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.6 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.44”

Context: ELI26X-14

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.2

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-14San Dimas · silverGrade: 369Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
ELI26X-14
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
369
Grade Unit
g/t
Intercept
1.95 m
True Width
1.2 m
From
275.25 m
To
277.2 m
Intercept Depth
275.25 m

Classification

Sample Type
drill
Group ID
ELI26X-14:275.25-277.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
852
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 369 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 719.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 369 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“369”

Context: ELI26X-14

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.2

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-16San Dimas · goldGrade: 1.09Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
ELI26X-16
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.09
Grade Unit
g/t
Intercept
0.85 m
True Width
0.8 m
From
119.7 m
To
120.55 m
Intercept Depth
119.7 m

Classification

Sample Type
drill
Group ID
ELI26X-16:119.7-120.55
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
210
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1.09 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 0.9 g/t·m is below.

Negative factors

  • 1.09 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.09”

Context: ELI26X-16

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.8

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-16San Dimas · silverGrade: 128Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
ELI26X-16
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
128
Grade Unit
g/t
Intercept
0.85 m
True Width
0.8 m
From
119.7 m
To
120.55 m
Intercept Depth
119.7 m

Classification

Sample Type
drill
Group ID
ELI26X-16:119.7-120.55
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
210
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 128 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 108.8 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“128”

Context: ELI26X-16

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.8

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-19San Dimas · goldGrade: 1.52Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
ELI26X-19
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.52
Grade Unit
g/t
Intercept
1.45 m
True Width
0.96 m
From
164.6 m
To
166.05 m
Intercept Depth
164.6 m

Classification

Sample Type
drill
Group ID
ELI26X-19:164.6-166.05
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
177
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1.52 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 factors

  • 1.52 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.52”

Context: ELI26X-19

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.96

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-19San Dimas · silverGrade: 63Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
ELI26X-19
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
63
Grade Unit
g/t
Intercept
1.45 m
True Width
0.96 m
From
164.6 m
To
166.05 m
Intercept Depth
164.6 m

Classification

Sample Type
drill
Group ID
ELI26X-19:164.6-166.05
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
177
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 63 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 91.3 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“63”

Context: ELI26X-19

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.96

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-21San Dimas · goldGrade: 12.96Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
ELI26X-21
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
12.96
Grade Unit
g/t
Intercept
1.05 m
True Width
0.8 m
From
137.75 m
To
138.8 m
Intercept Depth
137.75 m

Classification

Sample Type
drill
Group ID
ELI26X-21:137.75-138.8
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1876
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 12.96 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 12.96 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“12.96”

Context: ELI26X-21

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.8

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-21San Dimas · silverGrade: 904Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
ELI26X-21
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
904
Grade Unit
g/t
Intercept
1.05 m
True Width
0.8 m
From
137.75 m
To
138.8 m
Intercept Depth
137.75 m

Classification

Sample Type
drill
Group ID
ELI26X-21:137.75-138.8
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1876
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 904 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 949.2 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 904 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“904”

Context: ELI26X-21

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.8

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-22San Dimas · goldGrade: 3.16Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
ELI26X-22
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
3.16
Grade Unit
g/t
Intercept
2.5 m
True Width
2.22 m
From
308.7 m
To
311.2 m
Intercept Depth
308.7 m

Classification

Sample Type
drill
Group ID
ELI26X-22:308.7-311.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
409
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 3.16 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.9 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.16”

Context: ELI26X-22

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.22

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ELI26X-22San Dimas · silverGrade: 172Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
ELI26X-22
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
172
Grade Unit
g/t
Intercept
2.5 m
True Width
2.22 m
From
308.7 m
To
311.2 m
Intercept Depth
308.7 m

Classification

Sample Type
drill
Group ID
ELI26X-22:308.7-311.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
409
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 172 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 430.0 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“172”

Context: ELI26X-22

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.22

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN25X-21San Dimas · goldGrade: 3.06Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
SIN25X-21
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
3.06
Grade Unit
g/t
Intercept
1.5 m
True Width
0.96 m
From
633.75 m
To
635.25 m
Intercept Depth
633.75 m

Classification

Sample Type
drill
Group ID
SIN25X-21:633.75-635.25
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
438
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 3.06 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 4.6 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.06”

Context: SIN25X-21

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.96

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN25X-21San Dimas · silverGrade: 208Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
SIN25X-21
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
208
Grade Unit
g/t
Intercept
1.5 m
True Width
0.96 m
From
633.75 m
To
635.25 m
Intercept Depth
633.75 m

Classification

Sample Type
drill
Group ID
SIN25X-21:633.75-635.25
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
438
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 208 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 312.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 208 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“208”

Context: SIN25X-21

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.96

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-01San Dimas · goldGrade: 3.89Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
SIN26X-01
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
3.89
Grade Unit
g/t
Intercept
1.65 m
True Width
1.52 m
From
234.05 m
To
235.7 m
Intercept Depth
234.05 m

Classification

Sample Type
drill
Group ID
SIN26X-01:234.05-235.7
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
463
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 3.89 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 6.4 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.89”

Context: SIN26X-01

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.52

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-01San Dimas · silverGrade: 171Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
SIN26X-01
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
171
Grade Unit
g/t
Intercept
1.65 m
True Width
1.52 m
From
234.05 m
To
235.7 m
Intercept Depth
234.05 m

Classification

Sample Type
drill
Group ID
SIN26X-01:234.05-235.7
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
463
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 171 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 282.1 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“171”

Context: SIN26X-01

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.52

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-03San Dimas · goldGrade: 11.04Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
SIN26X-03
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
11.04
Grade Unit
g/t
Intercept
1.8 m
True Width
1.43 m
From
189.1 m
To
190.9 m
Intercept Depth
189.1 m

Classification

Sample Type
drill
Group ID
SIN26X-03:189.1-190.9
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1611
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 11.04 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 19.9 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 11.04 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“11.04”

Context: SIN26X-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.43

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-03San Dimas · silverGrade: 783Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
SIN26X-03
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
783
Grade Unit
g/t
Intercept
1.8 m
True Width
1.43 m
From
189.1 m
To
190.9 m
Intercept Depth
189.1 m

Classification

Sample Type
drill
Group ID
SIN26X-03:189.1-190.9
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1611
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 783 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 1409.4 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 783 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“783”

Context: SIN26X-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.43

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-07San Dimas · goldGrade: 13.05Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
SIN26X-07
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
13.05
Grade Unit
g/t
Intercept
0.9 m
True Width
0.7 m
From
136.4 m
To
137.3 m
Intercept Depth
136.4 m

Classification

Sample Type
drill
Group ID
SIN26X-07:136.4-137.3
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1749
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 13.05 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.7 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 13.05 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“13.05”

Context: SIN26X-07

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.7

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-07San Dimas · silverGrade: 770Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
SIN26X-07
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
770
Grade Unit
g/t
Intercept
0.9 m
True Width
0.7 m
From
136.4 m
To
137.3 m
Intercept Depth
136.4 m

Classification

Sample Type
drill
Group ID
SIN26X-07:136.4-137.3
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1749
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 770 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 693.0 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 770 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“770”

Context: SIN26X-07

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.7

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-08San Dimas · goldGrade: 5.51Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
SIN26X-08
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
5.51
Grade Unit
g/t
Intercept
1.65 m
True Width
1.06 m
From
182.35 m
To
184 m
Intercept Depth
182.35 m

Classification

Sample Type
drill
Group ID
SIN26X-08:182.35-184
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
806
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 5.51 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.1 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.51”

Context: SIN26X-08

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.06

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-08San Dimas · silverGrade: 393Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
SIN26X-08
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
393
Grade Unit
g/t
Intercept
1.65 m
True Width
1.06 m
From
182.35 m
To
184 m
Intercept Depth
182.35 m

Classification

Sample Type
drill
Group ID
SIN26X-08:182.35-184
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
806
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 393 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 648.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 393 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“393”

Context: SIN26X-08

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.06

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-11San Dimas · goldGrade: 20.04Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SIN26X-11
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
20.04
Grade Unit
g/t
Intercept
1 m
True Width
0.91 m
From
239.9 m
To
240.9 m
Intercept Depth
239.9 m

Classification

Sample Type
drill
Group ID
SIN26X-11:239.9-240.9
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2803
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 20.04 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.0 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 20.04 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“20.04”

Context: SIN26X-11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.91

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-11San Dimas · silverGrade: 1300Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SIN26X-11
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1300
Grade Unit
g/t
Intercept
1 m
True Width
0.91 m
From
239.9 m
To
240.9 m
Intercept Depth
239.9 m

Classification

Sample Type
drill
Group ID
SIN26X-11:239.9-240.9
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2803
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1300 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 1300.0 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 1300 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1300”

Context: SIN26X-11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.91

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-13San Dimas · goldGrade: 10.14Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
SIN26X-13
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
10.14
Grade Unit
g/t
Intercept
1.15 m
True Width
0.7 m
From
126.45 m
To
127.6 m
Intercept Depth
126.45 m

Classification

Sample Type
drill
Group ID
SIN26X-13:126.45-127.6
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1053
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 10.14 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.7 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.14 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.14”

Context: SIN26X-13

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.7

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-13San Dimas · silverGrade: 292Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
SIN26X-13
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
292
Grade Unit
g/t
Intercept
1.15 m
True Width
0.7 m
From
126.45 m
To
127.6 m
Intercept Depth
126.45 m

Classification

Sample Type
drill
Group ID
SIN26X-13:126.45-127.6
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1053
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 292 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 335.8 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 292 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“292”

Context: SIN26X-13

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.7

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-14San Dimas · goldGrade: 8.73Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
SIN26X-14
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
8.73
Grade Unit
g/t
Intercept
3.05 m
True Width
2.16 m
From
210.7 m
To
213.75 m
Intercept Depth
210.7 m

Classification

Sample Type
drill
Group ID
SIN26X-14:210.7-213.75
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1437
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 8.73 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 26.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.73 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.73”

Context: SIN26X-14

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.16

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-14San Dimas · silverGrade: 782Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
SIN26X-14
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
782
Grade Unit
g/t
Intercept
3.05 m
True Width
2.16 m
From
210.7 m
To
213.75 m
Intercept Depth
210.7 m

Classification

Sample Type
drill
Group ID
SIN26X-14:210.7-213.75
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1437
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 782 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 2385.1 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 782 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“782”

Context: SIN26X-14

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.16

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-15San Dimas · goldGrade: 18.86Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
SIN26X-15
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
18.86
Grade Unit
g/t
Intercept
1.75 m
True Width
1.12 m
From
175.2 m
To
176.95 m
Intercept Depth
175.2 m

Classification

Sample Type
drill
Group ID
SIN26X-15:175.2-176.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2306
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 18.86 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 33.0 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 18.86 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“18.86”

Context: SIN26X-15

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.12

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-15San Dimas · silverGrade: 892Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
SIN26X-15
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
892
Grade Unit
g/t
Intercept
1.75 m
True Width
1.12 m
From
175.2 m
To
176.95 m
Intercept Depth
175.2 m

Classification

Sample Type
drill
Group ID
SIN26X-15:175.2-176.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2306
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 892 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 1561.0 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 892 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“892”

Context: SIN26X-15

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.12

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-15San Dimas · goldGrade: 7.43Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Hole ID
SIN26X-15
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
7.43
Grade Unit
g/t
Intercept
0.35 m
True Width
0.17 m
From
176.6 m
To
176.95 m
Intercept Depth
176.6 m

Classification

Sample Type
drill
Group ID
SIN26X-15:176.6-176.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1055
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 7.43 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 2.6 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 7.43 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“7.43”

Context: SIN26X-15

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.17

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SIN26X-15San Dimas · silverGrade: 498Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Hole ID
SIN26X-15
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
498
Grade Unit
g/t
Intercept
0.35 m
True Width
0.17 m
From
176.6 m
To
176.95 m
Intercept Depth
176.6 m

Classification

Sample Type
drill
Group ID
SIN26X-15:176.6-176.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1055
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 498 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 174.3 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 498 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“498”

Context: SIN26X-15

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.17

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SJE26X-06San Dimas · goldGrade: 1.24Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
SJE26X-06
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.24
Grade Unit
g/t
Intercept
1.05 m
True Width
0.74 m
From
245.8 m
To
246.85 m
Intercept Depth
245.8 m

Classification

Sample Type
drill
Group ID
SJE26X-06:245.8-246.85
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
244
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1.24 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.3 g/t·m is below.

Negative factors

  • 1.24 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.24”

Context: SJE26X-06

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.74

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SJE26X-06San Dimas · silverGrade: 152Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
SJE26X-06
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
152
Grade Unit
g/t
Intercept
1.05 m
True Width
0.74 m
From
245.8 m
To
246.85 m
Intercept Depth
245.8 m

Classification

Sample Type
drill
Group ID
SJE26X-06:245.8-246.85
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
244
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 152 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 159.6 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“152”

Context: SJE26X-06

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.74

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

CNV26X-01San Dimas · goldGrade: 1.01Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
CNV26X-01
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.01
Grade Unit
g/t
Intercept
1.1 m
True Width
0.85 m
From
321.1 m
To
322.2 m
Intercept Depth
321.1 m

Classification

Sample Type
drill
Group ID
CNV26X-01:321.1-322.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
209
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1.01 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.1 g/t·m is below.

Negative factors

  • 1.01 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.01”

Context: CNV26X-01

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.85

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

CNV26X-01San Dimas · silverGrade: 133Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
CNV26X-01
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
133
Grade Unit
g/t
Intercept
1.1 m
True Width
0.85 m
From
321.1 m
To
322.2 m
Intercept Depth
321.1 m

Classification

Sample Type
drill
Group ID
CNV26X-01:321.1-322.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
209
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 133 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 146.3 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“133”

Context: CNV26X-01

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.85

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

CNV26X-03San Dimas · goldGrade: 1.78Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
CNV26X-03
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.78
Grade Unit
g/t
Intercept
3.05 m
True Width
1.96 m
From
265.9 m
To
268.95 m
Intercept Depth
265.9 m

Classification

Sample Type
drill
Group ID
CNV26X-03:265.9-268.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
299
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1.78 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 5.4 g/t·m is below.

Negative factors

  • 1.78 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.78”

Context: CNV26X-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.96

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

CNV26X-03San Dimas · silverGrade: 166Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
CNV26X-03
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
166
Grade Unit
g/t
Intercept
3.05 m
True Width
1.96 m
From
265.9 m
To
268.95 m
Intercept Depth
265.9 m

Classification

Sample Type
drill
Group ID
CNV26X-03:265.9-268.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
299
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 166 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 506.3 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“166”

Context: CNV26X-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.96

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROBBIN26S-03San Dimas · goldGrade: 6.74Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
ROBBIN26S-03
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
6.74
Grade Unit
g/t
Intercept
1.1 m
True Width
0.71 m
From
272.85 m
To
273.95 m
Intercept Depth
272.85 m

Classification

Sample Type
drill
Group ID
ROBBIN26S-03:272.85-273.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
544
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 6.74 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.4 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.74”

Context: ROBBIN26S-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.71

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROBBIN26S-03San Dimas · silverGrade: 38Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
ROBBIN26S-03
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
38
Grade Unit
g/t
Intercept
1.1 m
True Width
0.71 m
From
272.85 m
To
273.95 m
Intercept Depth
272.85 m

Classification

Sample Type
drill
Group ID
ROBBIN26S-03:272.85-273.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
544
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 38 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 41.8 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“38”

Context: ROBBIN26S-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.71

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROT26X-01San Dimas · goldGrade: 4.04Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ROT26X-01
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
4.04
Grade Unit
g/t
Intercept
1 m
True Width
0.79 m
From
227.2 m
To
228.2 m
Intercept Depth
227.2 m

Classification

Sample Type
drill
Group ID
ROT26X-01:227.2-228.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
717
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 4.04 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 4.0 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.04”

Context: ROT26X-01

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.79

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROT26X-01San Dimas · silverGrade: 414Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ROT26X-01
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
414
Grade Unit
g/t
Intercept
1 m
True Width
0.79 m
From
227.2 m
To
228.2 m
Intercept Depth
227.2 m

Classification

Sample Type
drill
Group ID
ROT26X-01:227.2-228.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
717
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 414 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 414.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 414 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“414”

Context: ROT26X-01

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.79

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROT26X-04San Dimas · goldGrade: 0.93Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
ROT26X-04
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
0.93
Grade Unit
g/t
Intercept
2.45 m
True Width
2.26 m
From
3.25 m
To
5.7 m
Intercept Depth
3.25 m

Classification

Sample Type
drill
Group ID
ROT26X-04:3.25-5.7
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
216
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
2026-09-09T00:00:00.000Z

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 2.3 g/t·m is below.

Negative factors

  • 0.93 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.93”

Context: ROT26X-04

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.26

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROT26X-04San Dimas · silverGrade: 146Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
ROT26X-04
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
146
Grade Unit
g/t
Intercept
2.45 m
True Width
2.26 m
From
3.25 m
To
5.7 m
Intercept Depth
3.25 m

Classification

Sample Type
drill
Group ID
ROT26X-04:3.25-5.7
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
216
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 146 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 357.7 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“146”

Context: ROT26X-04

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.26

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROT26X-06San Dimas · goldGrade: 2.12Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
ROT26X-06
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
2.12
Grade Unit
g/t
Intercept
1.45 m
True Width
1.11 m
From
11.2 m
To
12.65 m
Intercept Depth
11.2 m

Classification

Sample Type
drill
Group ID
ROT26X-06:11.2-12.65
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
339
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2.12 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 3.1 g/t·m is below.

Negative factors

  • 2.12 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.12”

Context: ROT26X-06

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.11

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROT26X-06San Dimas · silverGrade: 180Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
ROT26X-06
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
180
Grade Unit
g/t
Intercept
1.45 m
True Width
1.11 m
From
11.2 m
To
12.65 m
Intercept Depth
11.2 m

Classification

Sample Type
drill
Group ID
ROT26X-06:11.2-12.65
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
339
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 180 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 261.0 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“180”

Context: ROT26X-06

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.11

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROT26X-11San Dimas · goldGrade: 2.21Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
ROT26X-11
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
2.21
Grade Unit
g/t
Intercept
2.6 m
True Width
1.2 m
From
14.6 m
To
17.2 m
Intercept Depth
14.6 m

Classification

Sample Type
drill
Group ID
ROT26X-11:14.6-17.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
408
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2.21 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 5.7 g/t·m is below.

Negative factors

  • 2.21 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.21”

Context: ROT26X-11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.2

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROT26X-11San Dimas · silverGrade: 242Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
ROT26X-11
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
242
Grade Unit
g/t
Intercept
2.6 m
True Width
1.2 m
From
14.6 m
To
17.2 m
Intercept Depth
14.6 m

Classification

Sample Type
drill
Group ID
ROT26X-11:14.6-17.2
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
408
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 242 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 629.2 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 242 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“242”

Context: ROT26X-11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.2

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROT26X-13San Dimas · goldGrade: 1.6Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
ROT26X-13
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.6
Grade Unit
g/t
Intercept
1.9 m
True Width
1.22 m
From
27.1 m
To
29 m
Intercept Depth
27.1 m

Classification

Sample Type
drill
Group ID
ROT26X-13:27.1-29
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
335
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
2026-09-09T00:00:00.000Z

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 3.0 g/t·m is below.

Negative factors

  • 1.6 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.60”

Context: ROT26X-13

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.22

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROT26X-13San Dimas · silverGrade: 215Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
ROT26X-13
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
215
Grade Unit
g/t
Intercept
1.9 m
True Width
1.22 m
From
27.1 m
To
29 m
Intercept Depth
27.1 m

Classification

Sample Type
drill
Group ID
ROT26X-13:27.1-29
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
335
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 215 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 408.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 215 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“215”

Context: ROT26X-13

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.22

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SRE26X-03San Dimas · goldGrade: 1.75Grade Unit: g/tIntercept: 8.7 mView all details
Link to this fact

Identity

Hole ID
SRE26X-03
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.75
Grade Unit
g/t
Intercept
8.7 m
True Width
5.59 m
From
183.3 m
To
192 m
Intercept Depth
183.3 m

Classification

Sample Type
drill
Group ID
SRE26X-03:183.3-192
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
304
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1.75 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.2 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.75”

Context: SRE26X-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.59

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SRE26X-03San Dimas · silverGrade: 173Grade Unit: g/tIntercept: 8.7 mView all details
Link to this fact

Identity

Hole ID
SRE26X-03
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
173
Grade Unit
g/t
Intercept
8.7 m
True Width
5.59 m
From
183.3 m
To
192 m
Intercept Depth
183.3 m

Classification

Sample Type
drill
Group ID
SRE26X-03:183.3-192
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
304
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 173 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1505.1 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“173”

Context: SRE26X-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.59

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SRE26X-04San Dimas · goldGrade: 0.87Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
SRE26X-04
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
0.87
Grade Unit
g/t
Intercept
1.9 m
True Width
1.72 m
From
135.25 m
To
137.15 m
Intercept Depth
135.25 m

Classification

Sample Type
drill
Group ID
SRE26X-04:135.25-137.15
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
217
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 0.87 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.7 g/t·m is below.

Negative factors

  • 0.87 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.87”

Context: SRE26X-04

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.72

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SRE26X-04San Dimas · silverGrade: 152Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
SRE26X-04
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
152
Grade Unit
g/t
Intercept
1.9 m
True Width
1.72 m
From
135.25 m
To
137.15 m
Intercept Depth
135.25 m

Classification

Sample Type
drill
Group ID
SRE26X-04:135.25-137.15
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
217
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 152 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 288.8 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“152”

Context: SRE26X-04

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.72

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SRE26X-12San Dimas · goldGrade: 2.09Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
SRE26X-12
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
2.09
Grade Unit
g/t
Intercept
2 m
True Width
1.29 m
From
201.45 m
To
203.45 m
Intercept Depth
201.45 m

Classification

Sample Type
drill
Group ID
SRE26X-12:201.45-203.45
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
362
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 2.09 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 4.2 g/t·m is below.

Negative factors

  • 2.09 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.09”

Context: SRE26X-12

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.29

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

SRE26X-12San Dimas · silverGrade: 205Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
SRE26X-12
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
205
Grade Unit
g/t
Intercept
2 m
True Width
1.29 m
From
201.45 m
To
203.45 m
Intercept Depth
201.45 m

Classification

Sample Type
drill
Group ID
SRE26X-12:201.45-203.45
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
362
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 205 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 410.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 205 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“205”

Context: SRE26X-12

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.29

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROS26X-01San Dimas · goldGrade: 6.98Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
ROS26X-01
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
6.98
Grade Unit
g/t
Intercept
1.15 m
True Width
0.88 m
From
196.55 m
To
197.7 m
Intercept Depth
196.55 m

Classification

Sample Type
drill
Group ID
ROS26X-01:196.55-197.7
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1879
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 6.98 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.0 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.98”

Context: ROS26X-01

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.88

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ROS26X-01San Dimas · silverGrade: 1355Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
ROS26X-01
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1355
Grade Unit
g/t
Intercept
1.15 m
True Width
0.88 m
From
196.55 m
To
197.7 m
Intercept Depth
196.55 m

Classification

Sample Type
drill
Group ID
ROS26X-01:196.55-197.7
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1879
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1355 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 1558.2 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 1355 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1355”

Context: ROS26X-01

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.88

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

NBU26X-02San Dimas · goldGrade: 3.33Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
NBU26X-02
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
3.33
Grade Unit
g/t
Intercept
1.1 m
True Width
0.93 m
From
254.5 m
To
255.6 m
Intercept Depth
254.5 m

Classification

Sample Type
drill
Group ID
NBU26X-02:254.5-255.6
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
553
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 3.33 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 3.7 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.33”

Context: NBU26X-02

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.93

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

NBU26X-02San Dimas · silverGrade: 303Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
NBU26X-02
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
303
Grade Unit
g/t
Intercept
1.1 m
True Width
0.93 m
From
254.5 m
To
255.6 m
Intercept Depth
254.5 m

Classification

Sample Type
drill
Group ID
NBU26X-02:254.5-255.6
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
553
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 303 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 333.3 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 303 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“303”

Context: NBU26X-02

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.93

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

NBU26X-03San Dimas · goldGrade: 6.75Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
NBU26X-03
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
6.75
Grade Unit
g/t
Intercept
0.85 m
True Width
0.72 m
From
276.6 m
To
277.45 m
Intercept Depth
276.6 m

Classification

Sample Type
drill
Group ID
NBU26X-03:276.6-277.45
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1155
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 6.75 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 5.7 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.75”

Context: NBU26X-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.72

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

NBU26X-03San Dimas · silverGrade: 649Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
NBU26X-03
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
649
Grade Unit
g/t
Intercept
0.85 m
True Width
0.72 m
From
276.6 m
To
277.45 m
Intercept Depth
276.6 m

Classification

Sample Type
drill
Group ID
NBU26X-03:276.6-277.45
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1155
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 649 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 551.6 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 649 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“649”

Context: NBU26X-03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.72

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

NBU26X-04San Dimas · goldGrade: 1Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
NBU26X-04
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1
Grade Unit
g/t
Intercept
1 m
True Width
0.91 m
From
310.65 m
To
311.65 m
Intercept Depth
310.65 m

Classification

Sample Type
drill
Group ID
NBU26X-04:310.65-311.65
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
180
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.0 g/t·m is below.

Negative factors

  • 1 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.00”

Context: NBU26X-04

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.91

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

NBU26X-04San Dimas · silverGrade: 105Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
NBU26X-04
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
105
Grade Unit
g/t
Intercept
1 m
True Width
0.91 m
From
310.65 m
To
311.65 m
Intercept Depth
310.65 m

Classification

Sample Type
drill
Group ID
NBU26X-04:310.65-311.65
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
180
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 105 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 105.0 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“105”

Context: NBU26X-04

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.91

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-05San Dimas · goldGrade: 7.8Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-05
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
7.8
Grade Unit
g/t
Intercept
1.85 m
True Width
1.77 m
From
117.1 m
To
118.95 m
Intercept Depth
117.1 m

Classification

Sample Type
drill
Group ID
LUZ26X-05:117.1-118.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1025
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 7.8 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 7.8 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“7.80”

Context: LUZ26X-05

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.77

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-05San Dimas · silverGrade: 440Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-05
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
440
Grade Unit
g/t
Intercept
1.85 m
True Width
1.77 m
From
117.1 m
To
118.95 m
Intercept Depth
117.1 m

Classification

Sample Type
drill
Group ID
LUZ26X-05:117.1-118.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1025
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 440 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 814.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 440 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“440”

Context: LUZ26X-05

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.77

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-06San Dimas · goldGrade: 4.29Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-06
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
4.29
Grade Unit
g/t
Intercept
0.75 m
True Width
0.7 m
From
130.7 m
To
131.45 m
Intercept Depth
130.7 m

Classification

Sample Type
drill
Group ID
LUZ26X-06:130.7-131.45
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
509
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 4.29 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 3.2 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.29”

Context: LUZ26X-06

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.7

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-06San Dimas · silverGrade: 187Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-06
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
187
Grade Unit
g/t
Intercept
0.75 m
True Width
0.7 m
From
130.7 m
To
131.45 m
Intercept Depth
130.7 m

Classification

Sample Type
drill
Group ID
LUZ26X-06:130.7-131.45
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
509
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 187 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 140.3 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“187”

Context: LUZ26X-06

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.7

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-10San Dimas · goldGrade: 3.87Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-10
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
3.87
Grade Unit
g/t
Intercept
1.05 m
True Width
1.03 m
From
112.6 m
To
113.65 m
Intercept Depth
112.6 m

Classification

Sample Type
drill
Group ID
LUZ26X-10:112.6-113.65
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
687
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 3.87 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 4.1 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.87”

Context: LUZ26X-10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.03

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-10San Dimas · silverGrade: 397Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-10
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
397
Grade Unit
g/t
Intercept
1.05 m
True Width
1.03 m
From
112.6 m
To
113.65 m
Intercept Depth
112.6 m

Classification

Sample Type
drill
Group ID
LUZ26X-10:112.6-113.65
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
687
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 397 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 416.9 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 397 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“397”

Context: LUZ26X-10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.03

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-12San Dimas · goldGrade: 1.52Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-12
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
1.52
Grade Unit
g/t
Intercept
2.45 m
True Width
1.02 m
From
212.55 m
To
215 m
Intercept Depth
212.55 m

Classification

Sample Type
drill
Group ID
LUZ26X-12:212.55-215
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
234
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 1.52 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 factors

  • 1.52 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.52”

Context: LUZ26X-12

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.02

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-12San Dimas · silverGrade: 120Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-12
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
120
Grade Unit
g/t
Intercept
2.45 m
True Width
1.02 m
From
212.55 m
To
215 m
Intercept Depth
212.55 m

Classification

Sample Type
drill
Group ID
LUZ26X-12:212.55-215
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
234
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 120 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 294.0 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“120”

Context: LUZ26X-12

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.02

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-13San Dimas · goldGrade: 8.68Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-13
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
8.68
Grade Unit
g/t
Intercept
1.35 m
True Width
1.1 m
From
223.6 m
To
224.95 m
Intercept Depth
223.6 m

Classification

Sample Type
drill
Group ID
LUZ26X-13:223.6-224.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1168
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 8.68 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.7 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.68 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.68”

Context: LUZ26X-13

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.1

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

LUZ26X-13San Dimas · silverGrade: 517Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
LUZ26X-13
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
517
Grade Unit
g/t
Intercept
1.35 m
True Width
1.1 m
From
223.6 m
To
224.95 m
Intercept Depth
223.6 m

Classification

Sample Type
drill
Group ID
LUZ26X-13:223.6-224.95
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1168
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 517 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 698.0 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 517 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“517”

Context: LUZ26X-13

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.1

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ARN26X-01San Dimas · goldGrade: 0.05Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
ARN26X-01
Project
San Dimas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
0.05
Grade Unit
g/t
Intercept
2.45 m
True Width
1.1 m
From
627.25 m
To
629.7 m
Intercept Depth
627.25 m

Classification

Sample Type
drill
Group ID
ARN26X-01:627.25-629.7
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
352
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 0.05 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 0.1 g/t·m is below.

Negative factors

  • 0.05 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.05”

Context: ARN26X-01

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.1

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

ARN26X-01San Dimas · silverGrade: 348Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
ARN26X-01
Project
San Dimas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
AG

Geometry

Grade
348
Grade Unit
g/t
Intercept
2.45 m
True Width
1.1 m
From
627.25 m
To
629.7 m
Intercept Depth
627.25 m

Classification

Sample Type
drill
Group ID
ARN26X-01:627.25-629.7
Mining Method
underground

Location

CRS
UTM WGS84, Zone 13 (metres)

QA/QC

Laboratory
First Majestic's Central Laboratory
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
352
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
2026-09-09T00:00:00.000Z

Reasoning: Expanded from assay table. 348 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 852.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 348 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“348”

Context: ARN26X-01

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.1

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration"

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.