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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b

Original source: https://money.tmx.com/en/quote/REX/news/7228287691605276/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project

Publisher: tmx

Original announcement: 2024-02-13T15:22:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Acquisition of 100% interest in a gold-silver project

- Positive factor: Project features high-grade epithermal veins

- Positive factor: Strategic location in the prolific Silver Trend of Mexico

- Negative factor: Historical data pre-dates NI 43-101 standards

Facts used in scoring: 37

## Classification and evidence

**agreement\_transaction**

Polarity: positive

Story-specific tag

Definition: 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-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-1)

Valenciana · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: High grade silver and gold

- Negative factor: Historical data

Evidence · table

> 2.50

Context: 2.19

#### 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

### V-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-2)

Valenciana · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: High grade silver

- Negative factor: Historical data

Evidence · table

> 1,115

Context: 2.19

#### 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

### V-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-3)

Valenciana · zinc

Historical result

Needs review: historical\_restatement

#### 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 factor: Base metal presence

- Negative factor: Historical data

Evidence · table

> 1.40

Context: 2.19

#### 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

### V-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-4)

gold

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-5)

silver

#### 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 factor: 322 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 322

Context: V-002

#### 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-6)

lead

#### 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 factor: 0.56 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-7)

zinc

#### 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 factor: 1.45 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-8)

lead

#### 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 factor: 0.5 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-9)

gold

#### 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 factor: 2.15 g/t gold is strong on the default band.

- Negative factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-10)

silver

#### 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 factor: 595 g/t silver is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 595

Context: V-003

#### 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-11)

lead

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-12)

zinc

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-13)

gold

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-14)

silver

#### 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 factor: 739 g/t silver is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 739

Context: V-003

#### 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-15)

lead

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-16)

zinc

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-17)

gold

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-18)

silver

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 188

Context: V-011

#### 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-19)

lead

#### 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 factor: 0.23 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-20)

zinc

#### 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 factor: 1.32 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-21)

gold

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-22)

silver

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 58

Context: V-011

#### 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-23)

lead

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-24)

zinc

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-012

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-25)

gold

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-012

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-26)

silver

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 101

Context: V-012

#### 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-012

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-27)

lead

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-012

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-28)

zinc

#### 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 factor: 1.05 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-29)

gold

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-30)

silver

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 149

Context: V-015

#### 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-31)

lead

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-32)

zinc

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-33)

gold

#### 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 factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-34)

silver

#### 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 factor: 214 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 214

Context: V-020

#### 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-35)

lead

#### 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 factor: 0.6 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/orex-signs-option-agreement-to-acquire-100-of-the-valenciana-gold-silver-project--08dc7399-7ff4-4597-92f4-b0f49707936b#fact-drill-facts-36)

zinc

#### 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 factor: 0.87 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: 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 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: 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.