Silver X Expands Red Silver Drill Program More Than Five-Fold to 6,650 Meters Following High-Grade Channel Sampling Results
Original announcement by tmx on
- Company
- Silver X Mining Corp.
- Ticker
- AGX
- Exchange
- TSX
- Region
- Huancavelica, Peru
- Primary commodity
- Silver
- Secondary commodities
- Lead, Zinc, Gold
- Document categories
- Resource update, Drill results
- Extracted
- 2026-09-13 10:41:56 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Silver X Mining Corp. has expanded its planned underground diamond drill program at the Red Silver Project by more than five-fold to 6,650 meters, following high-grade channel sampling results. The program aims to grow the current NI 43-101 Mineral Resource and upgrade portions of the Inferred Resource to Measured and Indicated categories. The Red Silver Project, part of the Nueva Recuperada Project in Peru, hosts high-grade silver mineralization with existing underground access, enabling low-cost and efficient exploration.
Reasoning: Silver X Mining Corp. announced a significant five-fold expansion of its underground drill program at the Red Silver Project, driven by previously reported high-grade channel sampling results. This expanded program aims to grow and upgrade the existing NI 43-101 compliant silver resource, leveraging existing infrastructure for efficient execution, which is a strong positive for the project's development, despite the current resource being largely Inferred.
Positive factors
- Significant expansion of planned drill program (five-fold increase)
- High-grade channel sampling results confirmed bonanza-style silver mineralization
- Drill program aims to grow and upgrade existing NI 43-101 compliant resource
- Existing underground infrastructure allows for low-cost, fast execution
- High silver purity (over 90% of in-situ metal value)
Negative factors
- Resource is predominantly Inferred, carrying higher geological uncertainty
- Preliminary Economic Assessment (PEA) is based on Inferred Mineral Resources
- Production decision is not based on a pre-feasibility or feasibility study, increasing technical risk
Facts used in scoring: 48
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Channel sample from Silvia Shoot 1 returned 735 g/t Ag, which is an exceptionally high-grade for epithermal silver deposits.
Evidence · table
“735”
Context: 0.56
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release explicitly states that Silver X follows rigorous QA/QC protocols, including the use of an ISO-certified laboratory and insertion of standards, blanks, and field duplicates.
Evidence · text
“Silver X follows rigorous QA/QC protocols. Drill core is geologically and geotechnically logged, cut and sampled under documented chain-of-custody procedures, and dispatched to an ISO-certified laboratory in Lima, Peru. The program includes the regular insertion of certified reference materials (standards), blanks and field duplicates.”
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The channel sampling results are explicitly stated as 'previously reported January 13, 2026', indicating they are not new assays.
Evidence · text
“Key sampling results are summarized below (see news release dated January 13, 2026).”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Mr. A. David Heyl, a Qualified Person under NI 43-101, has reviewed and approved the technical content of this news release.
Evidence · text
“Mr. A. David Heyl, B.Sc., C.P.G., a Qualified Person under NI 43-101, has reviewed and approved the technical content of this news release on behalf of Silver X.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The mineral resource estimate and technical content are stated to be compliant with NI 43-101.
Evidence · text
“Red Silver hosts an existing NI 43-101 Mineral Resource first reported in May 2025”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The majority of the reported mineral resource (1.91 million tonnes) is classified as Inferred Mineral Resources.
Evidence · text
“Red Silver hosts an existing NI 43-101 Mineral Resource first reported in May 2025 comprising approximately 1.91 million tonnes of Inferred Mineral Resources”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: The document does not disclose the cut-off grade used for the mineral resource estimate.
Evidence · text
“Table 02: Current Mineral Resource Estimation for Red Silver Project”
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The resource includes 20,800 tonnes in the Measured category, representing the highest confidence level.
Evidence · table
“Measured”
Context: 20,800
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource includes 20,800 tonnes in the Indicated category, representing a good level of geological confidence.
Evidence · table
“Indicated”
Context: 20,800
Extracted facts
Stored fact records: 48. Some facts used in scoring do not have a stored record.
Drill Results (12)
Fact 1Red · silverGrade: 735Grade Unit: g/tIntercept: 0.56 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- silver
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 735
- Grade Unit
- g/t
- Intercept
- 0.56 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Silvia Shoot 1
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: High-grade channel sampling results confirmed significant silver mineralization, which directly led to the expansion of the current drill program, despite being previously reported.
Positive factors
- High silver grades
- Confirms continuity
- Led to drill program expansion
Negative factors
- Previously reported data
Evidence · table
“735”
Context: 0.56
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 2Red · leadGrade: 0.45Grade Unit: %Intercept: 0.56 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- lead
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 0.45
- Grade Unit
- %
- Intercept
- 0.56 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Silvia Shoot 1
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: Lead mineralization was confirmed in channel samples, contributing to the polymetallic nature of the deposit, though these results were previously reported.
Positive factors
- Presence of lead mineralization
Negative factors
- Previously reported data
Evidence · table
“0.45”
Context: 0.56
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 3Red · zincGrade: 0.73Grade Unit: %Intercept: 0.56 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- zinc
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 0.73
- Grade Unit
- %
- Intercept
- 0.56 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Silvia Shoot 1
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: Zinc mineralization was confirmed in channel samples, contributing to the polymetallic nature of the deposit, though these results were previously reported.
Positive factors
- Presence of zinc mineralization
Negative factors
- Previously reported data
Evidence · table
“0.73”
Context: 0.56
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 4Red · silverGrade: 649Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- silver
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 649
- Grade Unit
- g/t
- Intercept
- 0.5 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Silvia Shoot 2
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: High-grade channel sampling results confirmed significant silver mineralization, which directly led to the expansion of the current drill program, despite being previously reported.
Positive factors
- High silver grades
- Confirms continuity
- Led to drill program expansion
Negative factors
- Previously reported data
Evidence · table
“649”
Context: 0.50
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 5Red · leadGrade: 0.4Grade Unit: %Intercept: 0.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- lead
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 0.4
- Grade Unit
- %
- Intercept
- 0.5 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Silvia Shoot 2
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: Lead mineralization was confirmed in channel samples, contributing to the polymetallic nature of the deposit, though these results were previously reported.
Positive factors
- Presence of lead mineralization
Negative factors
- Previously reported data
Evidence · table
“0.40”
Context: 0.50
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 6Red · zincGrade: 0.69Grade Unit: %Intercept: 0.5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- zinc
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 0.69
- Grade Unit
- %
- Intercept
- 0.5 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Silvia Shoot 2
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: Zinc mineralization was confirmed in channel samples, contributing to the polymetallic nature of the deposit, though these results were previously reported.
Positive factors
- Presence of zinc mineralization
Negative factors
- Previously reported data
Evidence · table
“0.69”
Context: 0.50
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 7Red · silverGrade: 497Grade Unit: g/tIntercept: 0.92 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- silver
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 497
- Grade Unit
- g/t
- Intercept
- 0.92 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Rossana Shoot 1
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: High-grade channel sampling results confirmed significant silver mineralization, despite being previously reported.
Positive factors
- High silver grades
- Confirms continuity
Negative factors
- Previously reported data
Evidence · table
“497”
Context: 0.92
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 8Red · leadGrade: 0.3Grade Unit: %Intercept: 0.92 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- lead
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 0.3
- Grade Unit
- %
- Intercept
- 0.92 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Rossana Shoot 1
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: Lead mineralization was confirmed in channel samples, contributing to the polymetallic nature of the deposit, though these results were previously reported.
Positive factors
- Presence of lead mineralization
Negative factors
- Previously reported data
Evidence · table
“0.30”
Context: 0.92
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 9Red · zincGrade: 0.64Grade Unit: %Intercept: 0.92 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- zinc
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 0.64
- Grade Unit
- %
- Intercept
- 0.92 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Rossana Shoot 1
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: Zinc mineralization was confirmed in channel samples, contributing to the polymetallic nature of the deposit, though these results were previously reported.
Positive factors
- Presence of zinc mineralization
Negative factors
- Previously reported data
Evidence · table
“0.64”
Context: 0.92
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 10Red · silverGrade: 396Grade Unit: g/tIntercept: 0.82 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- silver
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 396
- Grade Unit
- g/t
- Intercept
- 0.82 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Rossana Shoot 2
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: High-grade channel sampling results confirmed significant silver mineralization, despite being previously reported.
Positive factors
- High silver grades
- Confirms continuity
Negative factors
- Previously reported data
Evidence · table
“396”
Context: 0.82
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 11Red · leadGrade: 0.48Grade Unit: %Intercept: 0.82 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- lead
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 0.48
- Grade Unit
- %
- Intercept
- 0.82 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Rossana Shoot 2
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: Lead mineralization was confirmed in channel samples, contributing to the polymetallic nature of the deposit, though these results were previously reported.
Positive factors
- Presence of lead mineralization
Negative factors
- Previously reported data
Evidence · table
“0.48”
Context: 0.82
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fact 12Red · zincGrade: 1.98Grade Unit: %Intercept: 0.82 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Red
- Commodity
- zinc
- Region
- peru
- Reported Region
- peru
- Ticker
- AGX
Geometry
- Grade
- 1.98
- Grade Unit
- %
- Intercept
- 0.82 m
Classification
- Deposit Type
- epithermal
- Sample Type
- channel
- Mining Method
- underground
Location
- Location
- Rossana Shoot 2
- Loc. Source
- document
QA/QC
- Laboratory
- ISO-certified laboratory in Lima, Peru
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-01-13T00:00:00.000Z
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: Zinc mineralization was confirmed in channel samples, contributing to the polymetallic nature of the deposit, though these results were previously reported.
Positive factors
- Presence of zinc mineralization
Negative factors
- Previously reported data
Evidence · table
“1.98”
Context: 0.82
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Resource Estimates (36)
inferredRed Silver Project · silverTonnes: 832650Grade: 800.92Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- silver
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:3c32f299e7acbda69af4
- Deposit or zone
- Silvia
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 832650
- Grade
- 800.92
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Silvia vein hosts a high-grade silver resource, compliant with NI 43-101 and signed off by a QP, but it is in the Inferred category, which carries geological and economic uncertainty.
Positive factors
- High silver grades
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“800.92”
Context: 832,650
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · leadTonnes: 832650Grade: 0.41Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- lead
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:3c32f299e7acbda69af4
- Deposit or zone
- Silvia
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 832650
- Grade
- 0.41
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Silvia vein hosts lead mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“0.41”
Context: 832,650
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · zincTonnes: 832650Grade: 0.67Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- zinc
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:3c32f299e7acbda69af4
- Deposit or zone
- Silvia
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 832650
- Grade
- 0.67
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Silvia vein hosts zinc mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“0.67”
Context: 832,650
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · goldTonnes: 832650Grade: 0.02Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- gold
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:3c32f299e7acbda69af4
- Deposit or zone
- Silvia
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 832650
- Grade
- 0.02
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Silvia vein hosts low-grade gold mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low gold grade
- Cut-off Undisclosed
Evidence · table
“0.02”
Context: 832,650
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · silverTonnes: 32500Grade: 209.95Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- silver
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:138231ad0e73eab3b0e7
- Deposit or zone
- Manto San Jose
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 32500
- Grade
- 209.95
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Manto San Jose vein hosts silver mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“209.95”
Context: 32,500
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · leadTonnes: 32500Grade: 0.08Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- lead
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:138231ad0e73eab3b0e7
- Deposit or zone
- Manto San Jose
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 32500
- Grade
- 0.08
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Manto San Jose vein hosts low-grade lead mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low lead grade
- Cut-off Undisclosed
Evidence · table
“0.08”
Context: 32,500
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · zincTonnes: 32500Grade: 0.19Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- zinc
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:138231ad0e73eab3b0e7
- Deposit or zone
- Manto San Jose
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 32500
- Grade
- 0.19
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Manto San Jose vein hosts low-grade zinc mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low zinc grade
- Cut-off Undisclosed
Evidence · table
“0.19”
Context: 32,500
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · goldTonnes: 32500Grade: 0.01Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- gold
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:138231ad0e73eab3b0e7
- Deposit or zone
- Manto San Jose
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 32500
- Grade
- 0.01
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Manto San Jose vein hosts low-grade gold mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low gold grade
- Cut-off Undisclosed
Evidence · table
“0.01”
Context: 32,500
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · silverTonnes: 475800Grade: 195.95Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- silver
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:a3c91f6cbe86d7f70ff4
- Deposit or zone
- Rossana
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 475800
- Grade
- 195.95
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Rossana vein hosts silver mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“195.95”
Context: 475,800
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · leadTonnes: 475800Grade: 0.05Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- lead
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:a3c91f6cbe86d7f70ff4
- Deposit or zone
- Rossana
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 475800
- Grade
- 0.05
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Rossana vein hosts low-grade lead mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low lead grade
- Cut-off Undisclosed
Evidence · table
“0.05”
Context: 475,800
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · zincTonnes: 475800Grade: 0.14Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- zinc
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:a3c91f6cbe86d7f70ff4
- Deposit or zone
- Rossana
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 475800
- Grade
- 0.14
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Rossana vein hosts low-grade zinc mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low zinc grade
- Cut-off Undisclosed
Evidence · table
“0.14”
Context: 475,800
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · goldTonnes: 475800Grade: 0Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- gold
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:a3c91f6cbe86d7f70ff4
- Deposit or zone
- Rossana
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 475800
- Grade
- 0
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Rossana vein reports no gold mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- No gold grade reported
- Cut-off Undisclosed
Evidence · table
“0.00”
Context: 475,800
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · silverTonnes: 178425Grade: 1839.15Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- silver
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:50abc6c48bc04b7da6c5
- Deposit or zone
- Ramal Silvia
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 178425
- Grade
- 1839.15
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Ramal Silvia vein hosts very high-grade silver mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties.
Positive factors
- Very high silver grades
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“1839.15”
Context: 178,425
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · leadTonnes: 178425Grade: 0.59Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- lead
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:50abc6c48bc04b7da6c5
- Deposit or zone
- Ramal Silvia
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 178425
- Grade
- 0.59
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Ramal Silvia vein hosts lead mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“0.59”
Context: 178,425
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · zincTonnes: 178425Grade: 0.77Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- zinc
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:50abc6c48bc04b7da6c5
- Deposit or zone
- Ramal Silvia
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 178425
- Grade
- 0.77
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Ramal Silvia vein hosts zinc mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“0.77”
Context: 178,425
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · goldTonnes: 178425Grade: 0.04Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- gold
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:50abc6c48bc04b7da6c5
- Deposit or zone
- Ramal Silvia
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 178425
- Grade
- 0.04
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Ramal Silvia vein hosts low-grade gold mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low gold grade
- Cut-off Undisclosed
Evidence · table
“0.04”
Context: 178,425
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · silverTonnes: 32500Grade: 651.93Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- silver
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:1c47f69cd2433d5402ce
- Deposit or zone
- Manto Jonas
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 32500
- Grade
- 651.93
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Manto Jonas vein hosts high-grade silver mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties.
Positive factors
- High silver grades
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“651.93”
Context: 32,500
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · leadTonnes: 32500Grade: 0.25Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- lead
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:1c47f69cd2433d5402ce
- Deposit or zone
- Manto Jonas
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 32500
- Grade
- 0.25
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Manto Jonas vein hosts lead mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“0.25”
Context: 32,500
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · zincTonnes: 32500Grade: 0.18Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- zinc
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:1c47f69cd2433d5402ce
- Deposit or zone
- Manto Jonas
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 32500
- Grade
- 0.18
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Manto Jonas vein hosts low-grade zinc mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low zinc grade
- Cut-off Undisclosed
Evidence · table
“0.18”
Context: 32,500
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · goldTonnes: 32500Grade: 0.02Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- gold
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:1c47f69cd2433d5402ce
- Deposit or zone
- Manto Jonas
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 32500
- Grade
- 0.02
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Manto Jonas vein hosts low-grade gold mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low gold grade
- Cut-off Undisclosed
Evidence · table
“0.02”
Context: 32,500
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · silverTonnes: 356850Grade: 74.96Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- silver
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:1ff9befea0cb9d38b902
- Deposit or zone
- Kasandra
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 356850
- Grade
- 74.96
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Kasandra vein hosts silver mineralization in the Inferred category, compliant with NI 43-101, but with lower grades compared to other veins and inherent uncertainties.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Lower silver grade compared to other veins
- Cut-off Undisclosed
Evidence · table
“74.96”
Context: 356,850
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · leadTonnes: 356850Grade: 0.05Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- lead
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:1ff9befea0cb9d38b902
- Deposit or zone
- Kasandra
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 356850
- Grade
- 0.05
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Kasandra vein hosts low-grade lead mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low lead grade
- Cut-off Undisclosed
Evidence · table
“0.05”
Context: 356,850
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · zincTonnes: 356850Grade: 0.1Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- zinc
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:1ff9befea0cb9d38b902
- Deposit or zone
- Kasandra
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 356850
- Grade
- 0.1
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Kasandra vein hosts low-grade zinc mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low zinc grade
- Cut-off Undisclosed
Evidence · table
“0.10”
Context: 356,850
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · goldTonnes: 356850Grade: 0Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- gold
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:1ff9befea0cb9d38b902
- Deposit or zone
- Kasandra
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 356850
- Grade
- 0
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Kasandra vein reports no gold mineralization in the Inferred category, compliant with NI 43-101, but with inherent uncertainties.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- No gold grade reported
- Cut-off Undisclosed
Evidence · table
“0.00”
Context: 356,850
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · silverTonnes: 1908725Grade: 496.1Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- silver
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:02460aa6c2a2e9e4bad3
- Deposit or zone
- Total Inferred
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 1908725
- Grade
- 496.1
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The total Inferred silver resource is high-grade and NI 43-101 compliant, but its Inferred classification implies higher geological uncertainty.
Positive factors
- High silver grades
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“496.10”
Context: 1,908,725
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · leadTonnes: 1908725Grade: 0.21Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- lead
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:02460aa6c2a2e9e4bad3
- Deposit or zone
- Total Inferred
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 1908725
- Grade
- 0.21
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The total Inferred lead resource is NI 43-101 compliant, but its Inferred classification implies higher geological uncertainty.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“0.21”
Context: 1,908,725
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · zincTonnes: 1908725Grade: 0.34Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- zinc
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:02460aa6c2a2e9e4bad3
- Deposit or zone
- Total Inferred
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 1908725
- Grade
- 0.34
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The total Inferred zinc resource is NI 43-101 compliant, but its Inferred classification implies higher geological uncertainty.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Cut-off Undisclosed
Evidence · table
“0.34”
Context: 1,908,725
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredRed Silver Project · goldTonnes: 1908725Grade: 0.01Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- gold
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:02460aa6c2a2e9e4bad3
- Deposit or zone
- Total Inferred
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 1908725
- Grade
- 0.01
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The total Inferred gold resource is NI 43-101 compliant, but its Inferred classification implies higher geological uncertainty and limited economic contribution.
Positive factors
- NI 43-101 compliant
- QP signed
Negative factors
- Inferred Mineral Resources
- Low gold grade
- Cut-off Undisclosed
Evidence · table
“0.01”
Context: 1,908,725
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredRed Silver Project · silverTonnes: 20800Grade: 496.1Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- silver
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:737eb07730153491f3ad
- Deposit or zone
- Combined
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 20800
- Grade
- 496.1
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Measured silver resource, though small in tonnage, is high-grade and represents the highest confidence category, compliant with NI 43-101.
Positive factors
- High silver grades
- Measured Resource category
- NI 43-101 compliant
- QP signed
Negative factors
- Small tonnage
- Cut-off Undisclosed
Evidence · table
“496.10”
Context: 20,800
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredRed Silver Project · leadTonnes: 20800Grade: 0.21Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- lead
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:737eb07730153491f3ad
- Deposit or zone
- Combined
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 20800
- Grade
- 0.21
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Measured lead resource, though small in tonnage, represents the highest confidence category, compliant with NI 43-101.
Positive factors
- Measured Resource category
- NI 43-101 compliant
- QP signed
Negative factors
- Small tonnage
- Cut-off Undisclosed
Evidence · table
“0.21”
Context: 20,800
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredRed Silver Project · zincTonnes: 20800Grade: 0.34Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- zinc
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:737eb07730153491f3ad
- Deposit or zone
- Combined
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 20800
- Grade
- 0.34
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Measured zinc resource, though small in tonnage, represents the highest confidence category, compliant with NI 43-101.
Positive factors
- Measured Resource category
- NI 43-101 compliant
- QP signed
Negative factors
- Small tonnage
- Cut-off Undisclosed
Evidence · table
“0.34”
Context: 20,800
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredRed Silver Project · goldTonnes: 20800Grade: 0.01Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- gold
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:737eb07730153491f3ad
- Deposit or zone
- Combined
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 20800
- Grade
- 0.01
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Measured gold resource, though small in tonnage, represents the highest confidence category, compliant with NI 43-101, but with limited economic contribution.
Positive factors
- Measured Resource category
- NI 43-101 compliant
- QP signed
Negative factors
- Small tonnage
- Low gold grade
- Cut-off Undisclosed
Evidence · table
“0.01”
Context: 20,800
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedRed Silver Project · silverTonnes: 20800Grade: 496.1Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- silver
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:3ed379d0392a76cdd660
- Deposit or zone
- Combined
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 20800
- Grade
- 496.1
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Indicated silver resource, though small in tonnage, is high-grade and represents a good confidence category, compliant with NI 43-101.
Positive factors
- High silver grades
- Indicated Resource category
- NI 43-101 compliant
- QP signed
Negative factors
- Small tonnage
- Cut-off Undisclosed
Evidence · table
“496.10”
Context: 20,800
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedRed Silver Project · leadTonnes: 20800Grade: 0.21Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- lead
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:3ed379d0392a76cdd660
- Deposit or zone
- Combined
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 20800
- Grade
- 0.21
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Indicated lead resource, though small in tonnage, represents a good confidence category, compliant with NI 43-101.
Positive factors
- Indicated Resource category
- NI 43-101 compliant
- QP signed
Negative factors
- Small tonnage
- Cut-off Undisclosed
Evidence · table
“0.21”
Context: 20,800
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedRed Silver Project · zincTonnes: 20800Grade: 0.34Grade Unit: %View all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- zinc
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:3ed379d0392a76cdd660
- Deposit or zone
- Combined
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 20800
- Grade
- 0.34
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Indicated zinc resource, though small in tonnage, represents a good confidence category, compliant with NI 43-101.
Positive factors
- Indicated Resource category
- NI 43-101 compliant
- QP signed
Negative factors
- Small tonnage
- Cut-off Undisclosed
Evidence · table
“0.34”
Context: 20,800
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedRed Silver Project · goldTonnes: 20800Grade: 0.01Grade Unit: g/tView all detailsHide details
Identity
- Project
- Red Silver Project
- Commodity
- gold
- Region
- peru
- Reported Region
- Huancavelica, Peru
- Ticker
- AGX
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- A. David Heyl
- Resource group id
- resource:3ed379d0392a76cdd660
- Deposit or zone
- Combined
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 20800
- Grade
- 0.01
- Grade Unit
- g/t
Prior Estimate
- Resource Date
- 2025-05-01
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ISO-certified laboratory in Lima, Peru
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-22T00:00:00.000Z
Reasoning: The Indicated gold resource, though small in tonnage, represents a good confidence category, compliant with NI 43-101, but with limited economic contribution.
Positive factors
- Indicated Resource category
- NI 43-101 compliant
- QP signed
Negative factors
- Small tonnage
- Low gold grade
- Cut-off Undisclosed
Evidence · table
“0.01”
Context: 20,800
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
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.