Geochemical Survey on Silver Grail's Pacifico Property Generates High Cobalt Values; Plans for 2021 Program on Midas-Konkin Silver Property, Golden Triangle
Original announcement by tmx on
- Company
- Silver Grail Resources Ltd.
- Ticker
- SVG
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Cobalt
- Secondary commodities
- Silver, Manganese, Gold
- Document categories
- Drill results, Other
- Extracted
- 2026-09-13 03:11:32 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Silver Grail reported extremely high cobalt values from geochemical sampling at the Pacifico property, including a stream sediment sample of 2,512 ppm. The company also outlined plans for a 2021 drilling program at its Midas-Konkin Silver properties in the Golden Triangle.
Reasoning: The release reports highly anomalous cobalt geochemical results that significantly exceed regional background levels, though drilling is required for confirmation.
Positive factors
- extremely anomalous cobalt values in stream sediment
- cobalt values exceed provincial database highs
- multiple discrete cobalt sources identified
- new soil anomalies suggest proximity to source rock
Negative factors
- geochemical anomalies not yet confirmed by drilling
- mineralization not yet proven in place
Facts used in scoring: 5
Classification and evidence
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The release positions the Midas zone as geologically similar to the nearby Argo zone on the Del Norte property.
Evidence · text
“situated close to and below a zone which is geologically quite similar to the Argo zone drilled in 2020 on the Del Norte property adjoining directly to the north”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
Fact 1cobaltGrade: 2512Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- cobalt
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- SVG
Geometry
- Grade
- 2512
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Pacifico Property
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2021-03-25T00:00:00.000Z
Reasoning: Extremely high cobalt value in stream sediment, significantly above regional norms.
Positive factors
- exceeds provincial database high of 860 ppm
Evidence · text
“extremely anomalous 2,512 ppm cobalt”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 2cobaltGrade: 1145Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- cobalt
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- SVG
Geometry
- Grade
- 1145
- Grade Unit
- ppm
Classification
- Sample Type
- surface
Location
- Location
- Pacifico Property
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2021-03-25T00:00:00.000Z
Reasoning: High cobalt values in soil samples providing new targeting evidence.
Positive factors
- first indications of possible proximity to source rock
Evidence · text
“two consecutive anomalous results of 255 and 1,145 ppm cobalt”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 3silverGrade: 18.98Grade Unit: oz/tonIntercept: 9 mView all detailsHide details
Identity
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- SVG
Geometry
- Grade
- 18.98
- Grade Unit
- oz/ton
- Intercept
- 9 m
Classification
- Sample Type
- surface
Location
- Location
- Niknok
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2021-03-25T00:00:00.000Z
Reasoning: High grade silver from historical trenching.
Negative factors
- historical data
Evidence · text
“Niknok was trenched and returned values of 18.98 oz/ton silver across 9.0 m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 4goldGrade: 0.202Grade Unit: oz/tonIntercept: 4 mView all detailsHide details
Identity
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- SVG
Geometry
- Grade
- 0.202
- Grade Unit
- oz/ton
- Intercept
- 4 m
Classification
- Sample Type
- surface
Location
- Location
- Leszek
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2021-03-25T00:00:00.000Z
Reasoning: Historical chip sampling results.
Negative factors
- historical data
Evidence · text
“Leszek was chip sampled and returned 0.202 oz/ton gold”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 5silverGrade: 16.4Grade Unit: oz/tonIntercept: 4 mView all detailsHide details
Identity
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- SVG
Geometry
- Grade
- 16.4
- Grade Unit
- oz/ton
- Intercept
- 4 m
Classification
- Sample Type
- surface
Location
- Location
- Leszek
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2021-03-25T00:00:00.000Z
Reasoning: Historical chip sampling results.
Negative factors
- historical data
Evidence · text
“Leszek was chip sampled and returned ... 16.4 oz/ton silver over 4.0 m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.