# Magma Silver Q3 Drilling Preparation Work Program Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/magma-silver-q3-drilling-preparation-work-program--2a452e9c-2d4f-4916-9ffa-57bd00cfc772 Original source: https://money.tmx.com/en/quote/MGMA/news/5897482060517932/magma-silver-q3-drilling-preparation-work-program Publisher: tmx Original announcement: 2025-07-30T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Magma Silver Corp. - Ticker: MGMA - Exchange: TSX - Region: Peru - Primary commodity: Silver - Secondary commodities: Gold - Document categories: Drill results, Other - Extracted: 2026-09-16 11:09:24 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Magma Silver has commenced a summer work program at the Niñobamba silver-gold project in Peru to refine targets for a planned Q4 drilling campaign. The program focuses on the Jorimina and Randypata deposits, utilizing historical data and surface anomalies to prepare for upcoming exploration. Reasoning: The announcement details a preparatory work program rather than new drill results or a resource update; it serves to set the stage for upcoming drilling. - Positive factor: commencement of summer work program to refine Q4 drill targets - Positive factor: access agreement in place with Tunsulla community - Positive factor: identification of 2 km long silver anomaly at Randypata - Negative factor: no new assay results reported in this release Facts used in scoring: 2 ## Classification and evidence **Stale Data Re-release** Polarity: negative Story-specific tag Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The release highlights historical drilling results from a 2010 Newmont report rather than providing new assay data. Evidence · text > The historical drilling by Newmont Corporation \("Newmont"\) on the Jorimina and Randypata deposits consisted of... ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### JM1 [Link to this fact](https://atlas-extractions.minestarters.com/news/magma-silver-q3-drilling-preparation-work-program--2a452e9c-2d4f-4916-9ffa-57bd00cfc772#fact-drill-facts-0) Niñobamba · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: JM1 - Project: Niñobamba - Commodity: gold - Region: peru - Reported Region: peru - Ticker: MGMA #### Geometry - Grade: 1.19 - Grade Unit: g/t - Intercept: 72.3 m - From: 53.1 m - To: 125.4 m - Hole Depth: 72.3 m - Intercept Depth: 53.1 m #### Classification - Sample Type: drill - Group ID: JM1:53.1-125.4 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2010-01-01T00:00:00.000Z #### Dates - Event date: 2025-07-30T00:00:00.000Z Reasoning: Historical intercept restated from a 2010 Newmont report. Evidence · text > Hole JM1: 53.1 to 125.4 \(72.3m\) 1.19 g/t of gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### JM1 [Link to this fact](https://atlas-extractions.minestarters.com/news/magma-silver-q3-drilling-preparation-work-program--2a452e9c-2d4f-4916-9ffa-57bd00cfc772#fact-drill-facts-1) Niñobamba · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: JM1 - Project: Niñobamba - Commodity: gold - Region: peru - Reported Region: peru - Ticker: MGMA #### Geometry - Grade: 1.07 - Grade Unit: g/t - Intercept: 24.6 m - From: 184.75 m - To: 209.35 m - Hole Depth: 72.3 m - Intercept Depth: 184.75 m #### Classification - Sample Type: drill - Group ID: JM1:184.75-209.35 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2010-01-01T00:00:00.000Z #### Dates - Event date: 2025-07-30T00:00:00.000Z Reasoning: Historical intercept restated from a 2010 Newmont report. Evidence · text > hole JM1: 184.75 to 209.35 \(24.6 m\) 1.07 g/t of gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## 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.