Orex Signs Option Agreement to Acquire 100% of the Valenciana Gold-Silver Project in Zacatecas State, Mexico

Original announcement by tmx on

Company
Orex Minerals Inc.
Ticker
REX
Exchange
TSX
Region
Zacatecas State, Mexico
Primary commodity
Gold
Secondary commodities
Silver, Lead, Zinc
Document categories
Drill results, Agreement transaction
Extracted
2026-09-16 19:23:19 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Orex Minerals Inc. has signed an option agreement to acquire 100% of the Valenciana Gold-Silver Project in Zacatecas, Mexico. The project contains high-grade epithermal gold and silver veins with associated lead and zinc mineralization.

Reasoning: The company has secured an option to acquire a known gold-silver project with high-grade historical intercepts, representing a significant asset addition.

Positive factors

  • Acquisition of 100% interest in a gold-silver project
  • Project features high-grade epithermal veins
  • Strategic location in the prolific Silver Trend of Mexico

Negative factors

  • Historical data pre-dates NI 43-101 standards

Facts used in scoring: 37

Classification and evidence

agreement_transactionpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The document announces an option agreement to acquire 100% of the Valenciana Gold-Silver Project.

Evidence · text

“Orex Signs Option Agreement to Acquire 100% of the Valenciana Gold-Silver Project”

Extracted facts

Stored fact records: 36. Some facts used in scoring do not have a stored record.

Drill Results (36)

V-002Valenciana · goldGrade: 2.5Grade Unit: g/tIntercept: 2.19 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
V-002
Project
Valenciana
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
2.5
Grade Unit
g/t
Intercept
2.19 m
From
297.43 m
To
299.62 m
Intercept Depth
297.43 m

Classification

Sample Type
drill
Group ID
V-002:297.43-299.62

Metal Equivalent

Metal Eq. Grade
1328
Metal Eq. Unit
g/t Ag-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: These are historical intercepts provided as context for the project's potential.

Positive factors

  • High grade silver and gold

Negative factors

  • Historical data

Evidence · table

“2.50”

Context: 2.19

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

V-002Valenciana · silverGrade: 1115Grade Unit: g/tIntercept: 2.19 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
V-002
Project
Valenciana
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1115
Grade Unit
g/t
Intercept
2.19 m
From
297.43 m
To
299.62 m
Intercept Depth
297.43 m

Classification

Sample Type
drill
Group ID
V-002:297.43-299.62

Metal Equivalent

Metal Eq. Grade
1328
Metal Eq. Unit
g/t Ag-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Historical silver intercept.

Positive factors

  • High grade silver

Negative factors

  • Historical data

Evidence · table

“1,115”

Context: 2.19

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

V-002Valenciana · zincGrade: 1.4Grade Unit: %Intercept: 2.19 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
V-002
Project
Valenciana
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.4
Grade Unit
%
Intercept
2.19 m
From
297.43 m
To
299.62 m
Intercept Depth
297.43 m

Classification

Sample Type
drill
Group ID
V-002:297.43-299.62

Metal Equivalent

Metal Eq. Grade
1328
Metal Eq. Unit
g/t Ag-Eq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Historical base metal intercept.

Positive factors

  • Base metal presence

Negative factors

  • Historical data

Evidence · table

“1.40”

Context: 2.19

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

V-002goldGrade: 1.37Grade Unit: g/tIntercept: 1.91 mView all details
Link to this fact

Identity

Hole ID
V-002
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.37
Grade Unit
g/t
Intercept
1.91 m
From
282.99 m
To
284.9 m
Intercept Depth
282.99 m

Classification

Sample Type
drill
Group ID
V-002:282.99-284.9

Metal Equivalent

Metal Eq. Grade
438
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.37 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.6 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

“1.37”

Context: V-002

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-002silverGrade: 322Grade Unit: g/tIntercept: 1.91 mView all details
Link to this fact

Identity

Hole ID
V-002
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
322
Grade Unit
g/t
Intercept
1.91 m
From
282.99 m
To
284.9 m
Intercept Depth
282.99 m

Classification

Sample Type
drill
Group ID
V-002:282.99-284.9

Metal Equivalent

Metal Eq. Grade
438
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 322 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 615.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 322 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“322”

Context: V-002

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-002leadGrade: 0.56Grade Unit: %Intercept: 1.91 mView all details
Link to this fact

Identity

Hole ID
V-002
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
0.56
Grade Unit
%
Intercept
1.91 m
From
282.99 m
To
284.9 m
Intercept Depth
282.99 m

Classification

Sample Type
drill
Group ID
V-002:282.99-284.9

Metal Equivalent

Metal Eq. Grade
438
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.56 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 1.1 %·m is below.

Negative factors

  • 0.56 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.56”

Context: V-002

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-002zincGrade: 1.45Grade Unit: %Intercept: 1.91 mView all details
Link to this fact

Identity

Hole ID
V-002
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.45
Grade Unit
%
Intercept
1.91 m
From
282.99 m
To
284.9 m
Intercept Depth
282.99 m

Classification

Sample Type
drill
Group ID
V-002:282.99-284.9

Metal Equivalent

Metal Eq. Grade
438
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.45 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 2.8 %·m is below.

Negative factors

  • 1.45 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.45”

Context: V-002

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-002leadGrade: 0.5Grade Unit: %Intercept: 2.19 mView all details
Link to this fact

Identity

Hole ID
V-002
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
0.5
Grade Unit
%
Intercept
2.19 m
From
297.43 m
To
299.62 m
Intercept Depth
297.43 m

Classification

Sample Type
drill
Group ID
V-002:297.43-299.62

Metal Equivalent

Metal Eq. Grade
1328
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.5 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 1.1 %·m is below.

Negative factors

  • 0.5 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.50”

Context: V-002

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-003goldGrade: 2.15Grade Unit: g/tIntercept: 0.96 mView all details
Link to this fact

Identity

Hole ID
V-003
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
2.15
Grade Unit
g/t
Intercept
0.96 m
From
262.1 m
To
263.06 m
Intercept Depth
262.1 m

Classification

Sample Type
drill
Group ID
V-003:262.1-263.06

Metal Equivalent

Metal Eq. Grade
778
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 2.15 g/t gold is strong against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.1 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 2.15 g/t gold is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.15”

Context: V-003

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-003silverGrade: 595Grade Unit: g/tIntercept: 0.96 mView all details
Link to this fact

Identity

Hole ID
V-003
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
595
Grade Unit
g/t
Intercept
0.96 m
From
262.1 m
To
263.06 m
Intercept Depth
262.1 m

Classification

Sample Type
drill
Group ID
V-003:262.1-263.06

Metal Equivalent

Metal Eq. Grade
778
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 595 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 571.2 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 595 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“595”

Context: V-003

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-003leadGrade: 1.63Grade Unit: %Intercept: 0.96 mView all details
Link to this fact

Identity

Hole ID
V-003
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.63
Grade Unit
%
Intercept
0.96 m
From
262.1 m
To
263.06 m
Intercept Depth
262.1 m

Classification

Sample Type
drill
Group ID
V-003:262.1-263.06

Metal Equivalent

Metal Eq. Grade
778
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.63 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 1.6 %·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

“1.63”

Context: V-003

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-003zincGrade: 3.28Grade Unit: %Intercept: 0.96 mView all details
Link to this fact

Identity

Hole ID
V-003
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
3.28
Grade Unit
%
Intercept
0.96 m
From
262.1 m
To
263.06 m
Intercept Depth
262.1 m

Classification

Sample Type
drill
Group ID
V-003:262.1-263.06

Metal Equivalent

Metal Eq. Grade
778
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 3.28 % zinc is weak against the default band [18, 10, 5, 2] %. Grade×width 3.1 %·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

“3.28”

Context: V-003

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-003goldGrade: 1.05Grade Unit: g/tIntercept: 1.87 mView all details
Link to this fact

Identity

Hole ID
V-003
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
1.87 m
From
275.02 m
To
276.89 m
Intercept Depth
275.02 m

Classification

Sample Type
drill
Group ID
V-003:275.02-276.89

Metal Equivalent

Metal Eq. Grade
828
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.05 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.0 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

“1.05”

Context: V-003

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-003silverGrade: 739Grade Unit: g/tIntercept: 1.87 mView all details
Link to this fact

Identity

Hole ID
V-003
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
739
Grade Unit
g/t
Intercept
1.87 m
From
275.02 m
To
276.89 m
Intercept Depth
275.02 m

Classification

Sample Type
drill
Group ID
V-003:275.02-276.89

Metal Equivalent

Metal Eq. Grade
828
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 739 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 1381.9 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 739 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“739”

Context: V-003

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-003leadGrade: 1.1Grade Unit: %Intercept: 1.87 mView all details
Link to this fact

Identity

Hole ID
V-003
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.1
Grade Unit
%
Intercept
1.87 m
From
275.02 m
To
276.89 m
Intercept Depth
275.02 m

Classification

Sample Type
drill
Group ID
V-003:275.02-276.89

Metal Equivalent

Metal Eq. Grade
828
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.1 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 2.1 %·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

“1.10”

Context: V-003

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-003zincGrade: 2.71Grade Unit: %Intercept: 1.87 mView all details
Link to this fact

Identity

Hole ID
V-003
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
2.71
Grade Unit
%
Intercept
1.87 m
From
275.02 m
To
276.89 m
Intercept Depth
275.02 m

Classification

Sample Type
drill
Group ID
V-003:275.02-276.89

Metal Equivalent

Metal Eq. Grade
828
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 2.71 % zinc is weak against the default band [18, 10, 5, 2] %. Grade×width 5.1 %·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

“2.71”

Context: V-003

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-011goldGrade: 1.75Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
V-011
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.75
Grade Unit
g/t
Intercept
2.5 m
From
129.24 m
To
131.74 m
Intercept Depth
129.24 m

Classification

Sample Type
drill
Group ID
V-011:129.24-131.74

Metal Equivalent

Metal Eq. Grade
337
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.75 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 4.4 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

“1.75”

Context: V-011

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-011silverGrade: 188Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
V-011
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
188
Grade Unit
g/t
Intercept
2.5 m
From
129.24 m
To
131.74 m
Intercept Depth
129.24 m

Classification

Sample Type
drill
Group ID
V-011:129.24-131.74

Metal Equivalent

Metal Eq. Grade
337
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 188 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 470.0 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

“188”

Context: V-011

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-011leadGrade: 0.23Grade Unit: %Intercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
V-011
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
0.23
Grade Unit
%
Intercept
2.5 m
From
129.24 m
To
131.74 m
Intercept Depth
129.24 m

Classification

Sample Type
drill
Group ID
V-011:129.24-131.74

Metal Equivalent

Metal Eq. Grade
337
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.23 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 0.6 %·m is below.

Negative factors

  • 0.23 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.23”

Context: V-011

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-011zincGrade: 1.32Grade Unit: %Intercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
V-011
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.32
Grade Unit
%
Intercept
2.5 m
From
129.24 m
To
131.74 m
Intercept Depth
129.24 m

Classification

Sample Type
drill
Group ID
V-011:129.24-131.74

Metal Equivalent

Metal Eq. Grade
337
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.32 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 3.3 %·m is below.

Negative factors

  • 1.32 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.32”

Context: V-011

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-011goldGrade: 0.91Grade Unit: g/tIntercept: 3.51 mView all details
Link to this fact

Identity

Hole ID
V-011
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
0.91
Grade Unit
g/t
Intercept
3.51 m
From
138.4 m
To
141.91 m
Intercept Depth
138.4 m

Classification

Sample Type
drill
Group ID
V-011:138.4-141.91

Metal Equivalent

Metal Eq. Grade
135
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.91 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 3.2 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

“0.91”

Context: V-011

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-011silverGrade: 58Grade Unit: g/tIntercept: 3.51 mView all details
Link to this fact

Identity

Hole ID
V-011
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
58
Grade Unit
g/t
Intercept
3.51 m
From
138.4 m
To
141.91 m
Intercept Depth
138.4 m

Classification

Sample Type
drill
Group ID
V-011:138.4-141.91

Metal Equivalent

Metal Eq. Grade
135
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 58 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 203.6 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“58”

Context: V-011

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-011leadGrade: 1.03Grade Unit: %Intercept: 3.51 mView all details
Link to this fact

Identity

Hole ID
V-011
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.03
Grade Unit
%
Intercept
3.51 m
From
138.4 m
To
141.91 m
Intercept Depth
138.4 m

Classification

Sample Type
drill
Group ID
V-011:138.4-141.91

Metal Equivalent

Metal Eq. Grade
135
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.03 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 3.6 %·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

“1.03”

Context: V-011

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-011zincGrade: 2.69Grade Unit: %Intercept: 3.51 mView all details
Link to this fact

Identity

Hole ID
V-011
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
2.69
Grade Unit
%
Intercept
3.51 m
From
138.4 m
To
141.91 m
Intercept Depth
138.4 m

Classification

Sample Type
drill
Group ID
V-011:138.4-141.91

Metal Equivalent

Metal Eq. Grade
135
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 2.69 % zinc is weak against the default band [18, 10, 5, 2] %. Grade×width 9.4 %·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

“2.69”

Context: V-011

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-012goldGrade: 1.38Grade Unit: g/tIntercept: 12.92 mView all details
Link to this fact

Identity

Hole ID
V-012
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.38
Grade Unit
g/t
Intercept
12.92 m
From
65.93 m
To
78.85 m
Intercept Depth
65.93 m

Classification

Sample Type
drill
Group ID
V-012:65.93-78.85

Metal Equivalent

Metal Eq. Grade
218
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.38 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 17.8 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

“1.38”

Context: V-012

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-012silverGrade: 101Grade Unit: g/tIntercept: 12.92 mView all details
Link to this fact

Identity

Hole ID
V-012
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
101
Grade Unit
g/t
Intercept
12.92 m
From
65.93 m
To
78.85 m
Intercept Depth
65.93 m

Classification

Sample Type
drill
Group ID
V-012:65.93-78.85

Metal Equivalent

Metal Eq. Grade
218
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 101 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1304.9 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“101”

Context: V-012

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-012leadGrade: 1.2Grade Unit: %Intercept: 12.92 mView all details
Link to this fact

Identity

Hole ID
V-012
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.2
Grade Unit
%
Intercept
12.92 m
From
65.93 m
To
78.85 m
Intercept Depth
65.93 m

Classification

Sample Type
drill
Group ID
V-012:65.93-78.85

Metal Equivalent

Metal Eq. Grade
218
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.2 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 15.5 %·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.20”

Context: V-012

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-012zincGrade: 1.05Grade Unit: %Intercept: 12.92 mView all details
Link to this fact

Identity

Hole ID
V-012
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.05
Grade Unit
%
Intercept
12.92 m
From
65.93 m
To
78.85 m
Intercept Depth
65.93 m

Classification

Sample Type
drill
Group ID
V-012:65.93-78.85

Metal Equivalent

Metal Eq. Grade
218
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.05 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 13.6 %·m is below.

Negative factors

  • 1.05 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.05”

Context: V-012

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-015goldGrade: 0.6Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
V-015
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
1 m
From
73 m
To
74 m
Intercept Depth
73 m

Classification

Sample Type
drill
Group ID
V-015:73-74

Metal Equivalent

Metal Eq. Grade
200
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.6 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.6 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

“0.60”

Context: V-015

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-015silverGrade: 149Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
V-015
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
149
Grade Unit
g/t
Intercept
1 m
From
73 m
To
74 m
Intercept Depth
73 m

Classification

Sample Type
drill
Group ID
V-015:73-74

Metal Equivalent

Metal Eq. Grade
200
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 149 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 149.0 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

“149”

Context: V-015

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-015leadGrade: 3.91Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
V-015
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
3.91
Grade Unit
%
Intercept
1 m
From
73 m
To
74 m
Intercept Depth
73 m

Classification

Sample Type
drill
Group ID
V-015:73-74

Metal Equivalent

Metal Eq. Grade
200
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 3.91 % lead is moderate against the default band [10, 6, 3, 1] %. Grade×width 3.9 %·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

“3.91”

Context: V-015

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-015zincGrade: 2.94Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
V-015
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
2.94
Grade Unit
%
Intercept
1 m
From
73 m
To
74 m
Intercept Depth
73 m

Classification

Sample Type
drill
Group ID
V-015:73-74

Metal Equivalent

Metal Eq. Grade
200
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 2.94 % zinc is weak against the default band [18, 10, 5, 2] %. Grade×width 2.9 %·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

“2.94”

Context: V-015

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-020goldGrade: 1.1Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
V-020
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
8 m
From
55 m
To
63 m
Intercept Depth
55 m

Classification

Sample Type
drill
Group ID
V-020:55-63

Metal Equivalent

Metal Eq. Grade
308
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 1.1 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 8.8 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

“1.10”

Context: V-020

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-020silverGrade: 214Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
V-020
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
214
Grade Unit
g/t
Intercept
8 m
From
55 m
To
63 m
Intercept Depth
55 m

Classification

Sample Type
drill
Group ID
V-020:55-63

Metal Equivalent

Metal Eq. Grade
308
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 214 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1712.0 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 214 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“214”

Context: V-020

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-020leadGrade: 0.6Grade Unit: %Intercept: 8 mView all details
Link to this fact

Identity

Hole ID
V-020
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
0.6
Grade Unit
%
Intercept
8 m
From
55 m
To
63 m
Intercept Depth
55 m

Classification

Sample Type
drill
Group ID
V-020:55-63

Metal Equivalent

Metal Eq. Grade
308
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.6 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 4.8 %·m is below.

Negative factors

  • 0.6 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.60”

Context: V-020

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

V-020zincGrade: 0.87Grade Unit: %Intercept: 8 mView all details
Link to this fact

Identity

Hole ID
V-020
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
REX

Geometry

Grade
0.87
Grade Unit
%
Intercept
8 m
From
55 m
To
63 m
Intercept Depth
55 m

Classification

Sample Type
drill
Group ID
V-020:55-63

Metal Equivalent

Metal Eq. Grade
308
Metal Eq. Unit
g/t Ag-Eq

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-02-13T00:00:00.000Z

Reasoning: Expanded from assay table. 0.87 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 7.0 %·m is below.

Negative factors

  • 0.87 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.87”

Context: V-020

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

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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.