# Salazar Resources Defines 650m x 500m Gold-Bearing Barite Horizon at El Tigre, Ecuador; Surface Sampling Returns 45m at 8.94 g/t AuEq

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63

Original source: https://money.tmx.com/en/quote/SRL/news/8284764323485920/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec

Publisher: tmx

Original announcement: 2026-06-16T10:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: SALAZAR RESOURCES LIMITED

- Ticker: SRL

- Exchange: TSX

- Region: Loja Province, Ecuador

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results

- Extracted: 2026-09-18 23:12:36 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Salazar Resources has defined a significant 650m x 500m gold-bearing barite horizon at its El Tigre Project in Ecuador, based on surface rock chip sampling and geological mapping. Highlights include a weighted average of 8.94 g/t AuEq over 23.5m in the T2 Zone. The company notes geological similarities to the Tambo Grande VMS system and is designing a scout drilling program to test both surface and subsurface targets.

Reasoning: Salazar Resources has reported compelling high-grade gold equivalent surface sampling results from its El Tigre project, defining a large gold-bearing barite horizon with geological similarities to a world-class VMS system. While the results are from selective surface samples and true widths are not established, the scale and grades warrant aggressive follow-up with a planned scout drilling program. Robust QA/QC disclosure supports the data's credibility.

- Positive factor: High-grade gold equivalent surface samples, particularly in the T2 zone, indicate significant mineralization.

- Positive factor: The definition of a large 650m x 500m gold-bearing barite horizon suggests substantial scale potential.

- Positive factor: Geological similarities to the world-class Tambo Grande VMS system provide a strong exploration framework.

- Positive factor: QA/QC procedures are clearly disclosed, enhancing confidence in the results.

- Positive factor: The planned scout drilling program aims to test both surface and subsurface targets, indicating aggressive follow-up.

- Negative factor: The reported intervals are from rock chip samples and do not represent true widths, which may overstate the true thickness.

- Negative factor: The samples are selective in nature and not necessarily representative of the overall grade or extent of mineralization.

- Negative factor: The comparison to Tambo Grande is conceptual and requires further work to confirm a direct analogue.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 12

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The T2 zone weighted average of 8.94 g/t AuEq over 23.5m is exceptionally high for surface sampling, exceeding the 'exceptional' threshold for gold.

Evidence · table

> 8.94

Context: 23.5

**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: AuEq values were calculated using June 9, 2026 spot prices for Au \(US$4,278.1/oz\) and Ag \(US$65.58/oz\), but recovery assumptions are not explicitly stated.

Evidence · text

> \*AuEq values were calculated using June 9, 2026 spot prices: Au: US$ 4,278.1/oz and Ag: US$65.58/oz.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'Reported intervals do not represent true widths'.

Evidence · text

> Reported intervals do not represent true widths, and the geometry and continuity of mineralization at depth have not yet been established.

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: The release details QA/QC procedures including certified lab, QP sign-off, and methods like blanks, standards, and duplicates.

Evidence · text

> All samples were analyzed by Inspectorate Services Perú S.A.C. \(Bureau Veritas\), a laboratory certified to ISO 17025:1999 and ISO 9001:2000 standards. The laboratory maintains an internal QA/QC program incorporating blanks, standards, and duplicate reanalysis of selected samples. Gold was analyzed by fire assay - atomic absorption spectroscopy \(FA-AAS\). Silver, copper, zinc, and other elements were analyzed by aqua regia extraction with an Inductively Coupled Plasma - Mass Spectrometry \(ICP-MS\) finish. The Company implemented a QA/QC program incorporating systematic insertion of certified reference materials \(standards\), blanks, and field duplicates, along with a documented chain of custody, to ensure the integrity and reliability of analytical results. Qualified Person Mr. Kieran Dowes, the Company's Qualified Person \("QP"\) as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content of this news release. In accordance with TSX Rules and Policies, Part 1, Section 1.5, the Company further clarifies that Mr. Dowes is independent of the Company \(as defined under NI 43-101\).

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The program was designed to 'expand and infill previously identified geochemical anomalies and mapped mineralized zones', and mineralization remains open along strike and at depth.

Evidence · text

> The current program was designed to expand and infill previously identified geochemical anomalies and mapped mineralized zones.

**Nearology Play**

Polarity: neutral

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

Why it applies: The company highlights geological similarities to the Tambo Grande district, a world-class VMS system, as a conceptual exploration framework.

Evidence · text

> Geological characteristics show notable similarities to the Tambo Grande district \(TG1 deposit, Peru\) - a world-class VMS system hosted within correlative Lancones Formation stratigraphy¹

## Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

## Drill Results (12)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-0)

El Tigre · gold

#### Identity

- Project: El Tigre
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 6.57
- Grade Unit: g/t
- Intercept: 23.5 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T2:23.5

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: This high gold grade from surface sampling is a strong indicator of mineralization within the newly defined El Tigre horizon, supporting the project's exploration potential. However, the selective nature of the sample and lack of true width information introduce some uncertainty.

- Positive factor: High gold grade from surface sampling indicates strong mineralization.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 6.57

Context: 23.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-1)

El Tigre · silver

#### Identity

- Project: El Tigre
- Commodity: silver
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 116.79
- Grade Unit: g/t
- Intercept: 23.5 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T2:23.5

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: The reported silver grade is a positive indicator, contributing to the overall high AuEq value for the T2 zone. However, the selective nature of the sample and lack of true width information warrant caution.

- Positive factor: Significant silver grade contributes to the overall metal equivalent value.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 116.79

Context: 23.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-2)

El Tigre · gold

#### Identity

- Project: El Tigre
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 8.94
- Grade Unit: g/t
- Intercept: 23.5 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T2:23.5

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 8.94
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: The 8.94 g/t AuEq over 23.5m in the T2 zone is an exceptional result for surface sampling, highlighting significant exploration potential. The disclosure of metal equivalent assumptions adds credibility, though the selective nature of the sample and lack of true width remain caveats.

- Positive factor: Exceptional gold equivalent grade from surface sampling, indicating high-value mineralization.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Positive factor: Metal equivalent assumptions are disclosed, providing transparency.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 8.94

Context: 23.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 4

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-3)

El Tigre · gold

#### Identity

- Project: El Tigre
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 1.48
- Grade Unit: g/t
- Intercept: 24 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T3:24

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: This moderate gold grade from surface sampling in the T3 zone adds to the overall prospectivity of the El Tigre project. However, the selective nature of the sample and lack of true width information are important considerations.

- Positive factor: Moderate gold grade from surface sampling, contributing to the overall prospectivity.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 1.48

Context: 24

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 5

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-4)

El Tigre · silver

#### Identity

- Project: El Tigre
- Commodity: silver
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 35.24
- Grade Unit: g/t
- Intercept: 24 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T3:24

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: The reported silver grade contributes to the overall AuEq value for the T3 zone. However, the selective nature of the sample and lack of true width information introduce uncertainty.

- Positive factor: Silver grade contributes to the overall metal equivalent value.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 35.24

Context: 24

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 6

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-5)

El Tigre · gold

#### Identity

- Project: El Tigre
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 2.02
- Grade Unit: g/t
- Intercept: 24 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T3:24

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 2.02
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: The 2.02 g/t AuEq over 24m in the T3 zone is a moderate result for surface sampling, indicating potential mineralization. The disclosure of metal equivalent assumptions adds credibility, though the selective nature of the sample and lack of true width remain caveats.

- Positive factor: Moderate gold equivalent grade from surface sampling, indicating potential mineralization.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Positive factor: Metal equivalent assumptions are disclosed, providing transparency.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 2.02

Context: 24

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 7

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-6)

El Tigre · gold

#### Identity

- Project: El Tigre
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 3.64
- Grade Unit: g/t
- Intercept: 16 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T4:16

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: This strong gold grade from surface sampling in the T4 zone is a positive indicator of mineralization within the El Tigre horizon. However, the selective nature of the sample and lack of true width information are important considerations.

- Positive factor: Strong gold grade from surface sampling, indicating good mineralization.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 3.64

Context: 16

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 8

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-7)

El Tigre · silver

#### Identity

- Project: El Tigre
- Commodity: silver
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 17.14
- Grade Unit: g/t
- Intercept: 16 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T4:16

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: The reported silver grade contributes to the overall AuEq value for the T4 zone. However, the selective nature of the sample and lack of true width information introduce uncertainty.

- Positive factor: Silver grade contributes to the overall metal equivalent value.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 17.14

Context: 16

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 9

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-8)

El Tigre · gold

#### Identity

- Project: El Tigre
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 3.91
- Grade Unit: g/t
- Intercept: 16 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T4:16

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 3.91
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: The 3.91 g/t AuEq over 16m in the T4 zone is a strong result for surface sampling, indicating potential mineralization. The disclosure of metal equivalent assumptions adds credibility, though the selective nature of the sample and lack of true width remain caveats.

- Positive factor: Strong gold equivalent grade from surface sampling, indicating potential mineralization.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Positive factor: Metal equivalent assumptions are disclosed, providing transparency.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 3.91

Context: 16

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 10

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-9)

El Tigre · gold

#### Identity

- Project: El Tigre
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 0.64
- Grade Unit: g/t
- Intercept: 11.5 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T5:11.5

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: This weak gold grade from surface sampling in the T5 zone indicates some mineralization within the El Tigre horizon. However, the selective nature of the sample and lack of true width information are important considerations.

- Positive factor: Weak gold grade from surface sampling, indicating some mineralization.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 0.64

Context: 11.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 11

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-10)

El Tigre · silver

#### Identity

- Project: El Tigre
- Commodity: silver
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 7.58
- Grade Unit: g/t
- Intercept: 11.5 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T5:11.5

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: The reported silver grade contributes to the overall AuEq value for the T5 zone. However, the selective nature of the sample and lack of true width information introduce uncertainty.

- Positive factor: Silver grade contributes to the overall metal equivalent value.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 7.58

Context: 11.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 12

[Link to this fact](https://atlas-extractions.minestarters.com/news/salazar-resources-defines-650m-x-500m-gold-bearing-barite-horizon-at-el-tigre-ec--424371c9-4c64-4f3c-80da-7069084e5f63#fact-drill-facts-11)

El Tigre · gold

#### Identity

- Project: El Tigre
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SRL

#### Geometry

- Grade: 0.76
- Grade Unit: g/t
- Intercept: 11.5 m

#### Classification

- Program: exploration
- Sample Type: surface
- Group ID: T5:11.5

#### QA/QC

- Laboratory: Inspectorate Services Perú S.A.C. \(Bureau Veritas\)
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 0.76
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-06-16T00:00:00.000Z

Reasoning: The 0.76 g/t AuEq over 11.5m in the T5 zone is a weak result for surface sampling, indicating potential mineralization. The disclosure of metal equivalent assumptions adds credibility, though the selective nature of the sample and lack of true width remain caveats.

- Positive factor: Weak gold equivalent grade from surface sampling, indicating potential mineralization.

- Positive factor: Part of a large, newly defined gold-bearing horizon.

- Positive factor: Metal equivalent assumptions are disclosed, providing transparency.

- Negative factor: Sample is selective and not necessarily representative.

- Negative factor: True width is not established.

Evidence · table

> 0.76

Context: 11.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

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