# Silver Mountain Resources Commences High-Impact 7,000-Metre Underground Drill Program at Reliquias to Upgrade Resources, Expand Inventory and Define High-Grade Zones Ahead of Restart Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/silver-mountain-resources-commences-high-impact-7-000-metre-underground-drill-pr--5ed3b9b9-0a71-4469-8411-7e7c85d4bb1b Original source: https://money.tmx.com/en/quote/AGMR/news/5160922191560850/silver-mountain-resources-commences-high-impact-7-000-metre-underground-drill-pr Publisher: tmx Original announcement: 2026-02-19T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Silver Mountain Resources Inc. - Ticker: AGMR - Exchange: TSX - Region: Huancavelica, Peru - Primary commodity: Silver - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-09-13 11:08:03 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Silver Mountain Resources has commenced a 7,000-metre underground infill drilling program at its Reliquias silver mine in Peru. The program aims to upgrade inferred resources to indicated, expand the mineral resource inventory, and delineate high-grade zones to support a planned production restart in Q3 2026. Reasoning: The announcement of a large-scale infill drilling program at a cornerstone asset is a positive catalyst for resource expansion and de-risking ahead of a restart. - Positive factor: Commencement of a significant 7,000-metre underground drilling program - Positive factor: Clear objectives to upgrade resource confidence and expand inventory - Positive factor: Targeting high-grade zones to improve early production feed - Positive factor: Strategic timing ahead of planned Q3 2026 restart - Negative factor: Program is currently in the commencement phase; no assay results yet provided Facts used in scoring: 1 ## Classification and evidence **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The company explicitly states the program is an underground infill drilling program to upgrade resources. Evidence · text > commenced a high-impact 7,000-metre underground infill drilling program **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 names a Qualified Person \(Antonio Cruz Bermudez, P. Geo.\) who has reviewed and approved the technical disclosure. Evidence · text > Qualified Person Antonio Cruz Bermudez, P. Geo., Registered Member FAIG, has reviewed and approved the scientific and technical disclosure ## Extracted facts Stored fact records: 1. Some facts used in scoring do not have a stored record. ## Drill Results (1) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-mountain-resources-commences-high-impact-7-000-metre-underground-drill-pr--5ed3b9b9-0a71-4469-8411-7e7c85d4bb1b#fact-drill-facts-0) Reliquias Needs review: drill\_no\_hole\_id #### Identity - Project: Reliquias - Region: peru - Reported Region: Huancavelica, Peru - Ticker: AGMR #### Classification - Program: resource - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-19T00:00:00.000Z Reasoning: Announcement of a planned drilling campaign. - Positive factor: Large 7,000m program Evidence · text > commenced a high-impact 7,000-metre underground infill drilling program at its Reliquias mine #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ## 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.