# Monarca Minerals Reports Completion of Additional Three Drill Holes at San Jose Project - SJ10, SJ11 and SJ15

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-completion-of-additional-three-drill-holes-at-san-jose--c25d5ab6-55e1-4c40-85a5-06bb621ab482

Original source: https://money.tmx.com/en/quote/MMN/news/8073658401800620/monarca-minerals-reports-completion-of-additional-three-drill-holes-at-san-jose-

Publisher: tmx

Original announcement: 2021-09-14T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Monarca Minerals, Inc.

- Ticker: MMN

- Exchange: TSX

- Region: Mexico

- Primary commodity: Silver

- Secondary commodities: Copper, Zinc, Lead

- Document categories: Drill results

- Extracted: 2026-09-16 11:14:44 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Monarca Minerals has completed three additional drill holes \(SJ10, SJ11, and SJ15\) at the San Jose project in Mexico. Field logging identified skarn mineralization with various sulfides, including pyrite, sphalerite, and galena, though assay results are pending.

Reasoning: The release announces the completion of drilling and field observations of mineralization, but lacks actual assay grades to confirm economic potential.

- Positive factor: successful completion of three drill holes

- Positive factor: intersection of skarn mineralization

- Positive factor: presence of sulfide minerals \(pyrite, sphalerite, galena, chalcopyrite\)

- Negative factor: no assay results reported in this release

Facts used in scoring: 3

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: The release details specific QA/QC procedures including blanks, standards, and duplicates, and mentions an ISO Accredited laboratory.

Evidence · text

> A sterile blank sample \(un-mineralized basalt\) and a mineralized reference standard... are alternately placed in the sample sequence every 20th sample.

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Drill Results (3)

### SJ10

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-completion-of-additional-three-drill-holes-at-san-jose--c25d5ab6-55e1-4c40-85a5-06bb621ab482#fact-drill-facts-0)

San Jose

#### Identity

- Hole ID: SJ10
- Project: San Jose
- Region: mexico
- Reported Region: mexico
- Ticker: MMN

#### Geometry

- Hole Depth: 352 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Dip: -60 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

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

#### Dates

- Event date: 2021-09-14T00:00:00.000Z

Reasoning: Field observation of chalcopyrite noted, but no numeric grade provided.

- Negative factor: no assay results provided

Evidence · text

> Up to 5% pyrite, along with 0-1% localized dark sulfides and chalcopyrite were observed

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ11

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-completion-of-additional-three-drill-holes-at-san-jose--c25d5ab6-55e1-4c40-85a5-06bb621ab482#fact-drill-facts-1)

San Jose

#### Identity

- Hole ID: SJ11
- Project: San Jose
- Region: mexico
- Reported Region: mexico
- Ticker: MMN

#### Geometry

- Hole Depth: 259.1 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Dip: 0 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

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

#### Dates

- Event date: 2021-09-14T00:00:00.000Z

Reasoning: Logging confirms presence of sulfides, but no grades reported.

- Positive factor: intersection of 65.5m of exoskarn

- Negative factor: no assay results provided

Evidence · text

> It intersected 65.5m of exoskarn above endoskarn with silicification

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ15

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-completion-of-additional-three-drill-holes-at-san-jose--c25d5ab6-55e1-4c40-85a5-06bb621ab482#fact-drill-facts-2)

San Jose

#### Identity

- Hole ID: SJ15
- Project: San Jose
- Region: mexico
- Reported Region: mexico
- Ticker: MMN

#### Geometry

- Hole Depth: 349 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Dip: 0 °

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

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

#### Dates

- Event date: 2021-09-14T00:00:00.000Z

Reasoning: Logging confirms presence of sulfides, but no grades reported.

- Positive factor: significant thickness of exoskarn and endoskarn

- Negative factor: no assay results provided

Evidence · text

> It intersected 48.8m of exoskarn, above 298.7m of endoskarn.

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
