San Albino Royalty Exploration Update Highlighted 39.15 g/t Au over 5.9 m (Estimated True Width) 19.2 m Below Surface at El Golfo Prospect
Original announcement by tmx on
- Company
- Sailfish Royalty Corp.
- Ticker
- FISH
- Exchange
- TSX
- Region
- Nicaragua
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results, Other
- Extracted
- 2026-09-12 05:42:56 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Sailfish Royalty Corp. reported high-grade drill results from its partner Mako Mining's El Golfo prospect in Nicaragua, highlighted by an 8.0 m intercept of 39.15 g/t Au and 27.8 g/t Ag. The discovery is located near the existing Las Conchitas operation and falls within Sailfish's 2% NSR royalty area.
Reasoning: Strong high-grade gold and silver intercept at a new prospect (El Golfo) within the company's royalty jurisdiction, supporting long-term value.
Positive factors
- High-grade gold intercept (39.15 g/t)
- Discovery at El Golfo prospect within royalty area
- Proximity to existing Las Conchitas mining operations
- QA/QC disclosed via QP sign-off
Negative factors
- Results are from RC drilling (not diamond core)
- True width is estimated, not measured
Facts used in scoring: 2
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 39.15 g/t Au is exceptionally high grade.
Evidence · text
“39.15 grams-per-tonne (" g/t ") gold”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes sign-off by a Qualified Person (Brian Ray, P.Geo).
Evidence · text
“Qualified Person Brian Ray, M.Sc., P.Geo... has read and approved the technical information”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
EJ25-RC53El Golfo · goldGrade: 39.15Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- EJ25-RC53
- Project
- El Golfo
- Commodity
- gold
- Region
- nicaragua
- Reported Region
- nicaragua
- Ticker
- FISH
Geometry
- Grade
- 39.15
- Grade Unit
- g/t
- Intercept
- 8 m
- True Width
- 5.9 m
- From
- 19.2 m
- To
- 27.2 m
- Intercept Depth
- 19.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- EJ25-RC53:19.2-27.2
- Mining Method
- unknown
Location
- Location
- El Golfo
- Azimuth
- 270 °
- Dip
- -60 °
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-05-27T00:00:00.000Z
Reasoning: 39.15 g/t Au over 8.0 m is an exceptional high-grade intercept for an exploration target.
Positive factors
- Bonanza grade intercept
Negative factors
- True width is estimated
Evidence · text
“39.15 grams-per-tonne (" g/t ") gold (" Au ") and 27.8 g/t silver (" Ag ") over 8.0 m (5.9 m estimated true width (" ETW ")”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 5.9
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
EJ25-RC53El Golfo · silverGrade: 27.8Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- EJ25-RC53
- Project
- El Golfo
- Commodity
- silver
- Region
- nicaragua
- Reported Region
- nicaragua
- Ticker
- FISH
Geometry
- Grade
- 27.8
- Grade Unit
- g/t
- Intercept
- 8 m
- True Width
- 5.9 m
- From
- 19.2 m
- To
- 27.2 m
- Intercept Depth
- 19.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- EJ25-RC53:19.2-27.2
- Mining Method
- unknown
Location
- Location
- El Golfo
- Azimuth
- 270 °
- Dip
- -60 °
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-05-27T00:00:00.000Z
Reasoning: Silver is reported as a byproduct to the high-grade gold intercept.
Evidence · text
“39.15 grams-per-tonne (" g/t ") gold (" Au ") and 27.8 g/t silver (" Ag ") over 8.0 m”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 5.9
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.