Prospero Silver Discovers New Au-Ag Bearing Epithermal Vein System at Pachuca Se Project, Mexico

Original announcement by tmx on

Company
Prospero Silver Corp
Ticker
PSL
Exchange
TSX
Region
Hidalgo State, Mexico
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results
Extracted
2026-09-14 19:13:36 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Prospero Silver has discovered a new gold and silver-bearing epithermal vein system at its Pachuca SE project in Mexico. Initial drilling identified several intercepts, including a 0.75m gold intercept of 6.4 ppm Au, demonstrating the presence of a precious metal system near the Pachuca-Real Del Monte district.

Reasoning: The program successfully identified a new epithermal vein system with encouraging precious metal grades near a major district, though current intercepts are not yet economic.

Positive factors

  • discovery of new epithermal vein system
  • proximity to Pachuca-Real Del Monte district
  • multi-gram gold and multi-ounce silver grades reported

Negative factors

  • grades described as not economic

Facts used in scoring: 7

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Discovery of a new vein system within the Pachuca SE project.

Evidence · text

“has discovered a new gold and silver-bearing epithermal vein system”

QA/QC Disclosedpositive

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

Why it applies: The release includes a sign-off by a Qualified Person (Tawn Albinson).

Evidence · text

“Qualified Person Tawn Albinson, M.Sc., President of the Company, is a Qualified Person”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The project is positioned within 25km of the Pachuca-Real Del Monte silver-gold district.

Evidence · text

“cut new vein systems within 25km of one of the world's great silver-gold districts”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

PSE-18-01Pachuca SE · silverGrade: 227Grade Unit: ppmIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
PSE-18-01
Project
Pachuca SE
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
PSL

Geometry

Grade
227
Grade Unit
ppm
Intercept
1.35 m
From
147.4 m
To
148.8 m
Intercept Depth
147.4 m

Classification

Sample Type
drill
Group ID
PSE-18-01:147.4-148.8
Mining Method
underground

Location

Loc. Confidence
medium

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-03-14T00:00:00.000Z

Reasoning: Significant silver intercept in an argillic alteration zone.

Positive factors

  • high silver grade

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

PSE-18-02Pachuca SE · goldGrade: 1.04Grade Unit: ppmIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PSE-18-02
Project
Pachuca SE
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
PSL

Geometry

Grade
1.04
Grade Unit
ppm
Intercept
0.5 m
From
657.2 m
To
657.5 m
Intercept Depth
657.2 m

Classification

Sample Type
drill
Group ID
PSE-18-02:657.2-657.5
Mining Method
underground

Location

Loc. Confidence
high

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-03-14T00:00:00.000Z

Reasoning: Low grade gold intercept in a new vein system.

Positive factors

  • presence of visible argentite

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

PSE-18-02Pachuca SE · silverGrade: 193Grade Unit: ppmIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
PSE-18-02
Project
Pachuca SE
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
PSL

Geometry

Grade
193
Grade Unit
ppm
Intercept
0.5 m
From
657.2 m
To
657.5 m
Intercept Depth
657.2 m

Classification

Sample Type
drill
Group ID
PSE-18-02:657.2-657.5
Mining Method
underground

Location

Loc. Confidence
high

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-03-14T00:00:00.000Z

Reasoning: Low grade silver intercept in a new vein system.

Positive factors

  • silver grade present

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

PSE-18-02Pachuca SE · goldGrade: 0.39Grade Unit: ppmIntercept: 12.2 mView all details
Link to this fact

Identity

Hole ID
PSE-18-02
Project
Pachuca SE
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
PSL

Geometry

Grade
0.39
Grade Unit
ppm
Intercept
12.2 m
From
660 m
To
671.2 m
Intercept Depth
660 m

Classification

Sample Type
drill
Group ID
PSE-18-02:660-671.2
Mining Method
underground

Location

Loc. Confidence
high

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-03-14T00:00:00.000Z

Reasoning: Wide intercept of low-grade gold.

Positive factors

  • significant width

Negative factors

  • low grade

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

PSE-18-02Pachuca SE · silverGrade: 33Grade Unit: ppmIntercept: 12.2 mView all details
Link to this fact

Identity

Hole ID
PSE-18-02
Project
Pachuca SE
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
PSL

Geometry

Grade
33
Grade Unit
ppm
Intercept
12.2 m
From
660 m
To
671.2 m
Intercept Depth
660 m

Classification

Sample Type
drill
Group ID
PSE-18-02:660-671.2
Mining Method
underground

Location

Loc. Confidence
high

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-03-14T00:00:00.000Z

Reasoning: Wide intercept of low-grade silver.

Positive factors

  • significant width

Negative factors

  • low grade

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

PSE-18-02Pachuca SE · goldGrade: 6.4Grade Unit: ppmIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
PSE-18-02
Project
Pachuca SE
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
PSL

Geometry

Grade
6.4
Grade Unit
ppm
Intercept
0.75 m
From
695.2 m
To
695.95 m
Intercept Depth
695.2 m

Classification

Sample Type
drill
Group ID
PSE-18-02:695.2-695.95
Mining Method
underground

Location

Loc. Confidence
high

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-03-14T00:00:00.000Z

Reasoning: High grade gold intercept in a narrow width.

Positive factors

  • high grade gold

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

PSE-18-02Pachuca SE · silverGrade: 72Grade Unit: ppmIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
PSE-18-02
Project
Pachuca SE
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
PSL

Geometry

Grade
72
Grade Unit
ppm
Intercept
0.75 m
From
695.2 m
To
695.95 m
Intercept Depth
695.2 m

Classification

Sample Type
drill
Group ID
PSE-18-02:695.2-695.95
Mining Method
underground

Location

Loc. Confidence
high

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-03-14T00:00:00.000Z

Reasoning: High grade silver intercept in a narrow width.

Positive factors

  • encouraging silver grade

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

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