Silver X Extends Blenda Rubia Mineralization 160 Metres Below Historic Workings; Intersects High-Grade Silver Within Broad Multi-Vein Zone

Original announcement by tmx on

Company
Silver X Mining Corp.
Ticker
AGX
Exchange
TSX
Region
central Peru
Primary commodity
Silver
Secondary commodities
Lead, Zinc
Document categories
Drill results
Extracted
2026-09-13 11:19:18 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver X has reported successful deep exploration results at the Blenda Rubia Mine, extending mineralization up to 160 metres below historic levels. The program intersected a broad 27.4m true width multi-vein zone, including a high-grade 3.0m silver core grading 505 g/t Ag.

Reasoning: The drill program successfully extended mineralization 160m below historic workings, intersecting a high-grade silver core (505 g/t) and a broad 27.4m true width zone, demonstrating significant scale potential.

Positive factors

  • Step-Out Extension
  • Bonanza Intercept
  • True Width Disclosed
  • QA/QC Disclosed

Facts used in scoring: 9

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: BR-003 represents a step-out to the west of BR-001 and BR-002.

Evidence · text

“stepping out to the west of BR-001 and BR-002”

Bonanza Interceptpositive

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

Why it applies: BR-003 intersected a high-grade silver core of 505 g/t Ag.

Evidence · text

“high-grade core of 3.0 metres averaging 505 g/t Ag”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The release provides true widths for all reported intercepts in Table 01.

Evidence · text

“Summary of Initial Deep Drill Results Below Historic Level 210 at Blenda Rubia (True Widths)”

QA/QC Disclosedpositive

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

Why it applies: The release mentions regular insertion of standards, blanks, and field duplicates.

Evidence · text

“includes the regular insertion of certified reference materials (standards), blanks, and field duplicates”

Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

Drill Results (9)

BR-001Blenda Rubia · silverGrade: 98Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
BR-001
Project
Blenda Rubia
Commodity
silver
Region
peru
Reported Region
peru
Ticker
AGX

Geometry

Grade
98
Grade Unit
g/t
Intercept
2 m
True Width
2 m
From
260.4 m
To
265 m
Intercept Depth
260.4 m

Classification

Sample Type
drill
Group ID
BR-001:260.4-265
Mining Method
underground

Location

Elevation
4155 m

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-26T00:00:00.000Z

Reasoning: Confirms down-dip continuity of the structure at mineable widths below historic levels.

Positive factors

  • True Width Disclosed

Evidence · table

“98”

Context: 260.40

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Blenda Rubia is located approximately 2 km from Silver X's processing plant , providing a clear pathway for capital-effi"

BR-001Blenda Rubia · leadGrade: 1.25Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
BR-001
Project
Blenda Rubia
Commodity
lead
Region
peru
Reported Region
peru
Ticker
AGX

Geometry

Grade
1.25
Grade Unit
%
Intercept
2 m
True Width
2 m
From
260.4 m
To
265 m
Intercept Depth
260.4 m

Classification

Sample Type
drill
Group ID
BR-001:260.4-265
Mining Method
underground

Location

Elevation
4155 m

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-26T00:00:00.000Z

Reasoning: Polymetallic intercept confirming continuity.

Evidence · table

“1.25”

Context: 260.40

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Blenda Rubia is located approximately 2 km from Silver X's processing plant , providing a clear pathway for capital-effi"

BR-001Blenda Rubia · zincGrade: 0.04Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
BR-001
Project
Blenda Rubia
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
AGX

Geometry

Grade
0.04
Grade Unit
%
Intercept
2 m
True Width
2 m
From
260.4 m
To
265 m
Intercept Depth
260.4 m

Classification

Sample Type
drill
Group ID
BR-001:260.4-265
Mining Method
underground

Location

Elevation
4155 m

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-26T00:00:00.000Z

Reasoning: Trace zinc component.

Evidence · table

“0.04”

Context: 260.40

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Blenda Rubia is located approximately 2 km from Silver X's processing plant , providing a clear pathway for capital-effi"

BR-002Blenda Rubia · silverGrade: 123Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
BR-002
Project
Blenda Rubia
Commodity
silver
Region
peru
Reported Region
peru
Ticker
AGX

Geometry

Grade
123
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
366.2 m
To
368.4 m
Intercept Depth
366.2 m

Classification

Sample Type
drill
Group ID
BR-002:366.2-368.4
Mining Method
underground

Location

Elevation
4060 m

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-26T00:00:00.000Z

Reasoning: Higher silver grade than BR-001, suggesting metal enrichment with depth.

Positive factors

  • True Width Disclosed

Evidence · table

“123”

Context: 366.20

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Blenda Rubia is located approximately 2 km from Silver X's processing plant , providing a clear pathway for capital-effi"

BR-002Blenda Rubia · leadGrade: 0.95Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
BR-002
Project
Blenda Rubia
Commodity
lead
Region
peru
Reported Region
peru
Ticker
AGX

Geometry

Grade
0.95
Grade Unit
%
Intercept
1 m
True Width
1 m
From
366.2 m
To
368.4 m
Intercept Depth
366.2 m

Classification

Sample Type
drill
Group ID
BR-002:366.2-368.4
Mining Method
underground

Location

Elevation
4060 m

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-26T00:00:00.000Z

Reasoning: Polymetallic intercept.

Evidence · table

“0.95”

Context: 366.20

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Blenda Rubia is located approximately 2 km from Silver X's processing plant , providing a clear pathway for capital-effi"

BR-002Blenda Rubia · zincGrade: 0.02Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
BR-002
Project
Blenda Rubia
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
AGX

Geometry

Grade
0.02
Grade Unit
%
Intercept
1 m
True Width
1 m
From
366.2 m
To
368.4 m
Intercept Depth
366.2 m

Classification

Sample Type
drill
Group ID
BR-002:366.2-368.4
Mining Method
underground

Location

Elevation
4060 m

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-26T00:00:00.000Z

Reasoning: Trace zinc component.

Evidence · table

“0.02”

Context: 366.20

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Blenda Rubia is located approximately 2 km from Silver X's processing plant , providing a clear pathway for capital-effi"

BR-003Blenda Rubia · silverGrade: 505Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
BR-003
Project
Blenda Rubia
Commodity
silver
Region
peru
Reported Region
peru
Ticker
AGX

Geometry

Grade
505
Grade Unit
g/t
Intercept
3 m
True Width
3 m
From
187.7 m
To
193.7 m
Intercept Depth
187.7 m

Classification

Sample Type
drill
Group ID
BR-003:187.7-193.7
Mining Method
underground

Location

Elevation
4200 m

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-26T00:00:00.000Z

Reasoning: High-grade silver core within a broad multi-vein zone, representing a significant step-out to the west.

Positive factors

  • Bonanza Intercept
  • True Width Disclosed
  • Step-Out Extension

Evidence · table

“505”

Context: 187.70

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Blenda Rubia is located approximately 2 km from Silver X's processing plant , providing a clear pathway for capital-effi"

BR-003Blenda Rubia · leadGrade: 4.16Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
BR-003
Project
Blenda Rubia
Commodity
lead
Region
peru
Reported Region
peru
Ticker
AGX

Geometry

Grade
4.16
Grade Unit
%
Intercept
3 m
True Width
3 m
From
187.7 m
To
193.7 m
Intercept Depth
187.7 m

Classification

Sample Type
drill
Group ID
BR-003:187.7-193.7
Mining Method
underground

Location

Elevation
4200 m

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-26T00:00:00.000Z

Reasoning: Strong lead credits accompanying high-grade silver.

Evidence · table

“4.16”

Context: 187.70

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Blenda Rubia is located approximately 2 km from Silver X's processing plant , providing a clear pathway for capital-effi"

BR-003Blenda Rubia · zincGrade: 0.49Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
BR-003
Project
Blenda Rubia
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
AGX

Geometry

Grade
0.49
Grade Unit
%
Intercept
3 m
True Width
3 m
From
187.7 m
To
193.7 m
Intercept Depth
187.7 m

Classification

Sample Type
drill
Group ID
BR-003:187.7-193.7
Mining Method
underground

Location

Elevation
4200 m

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-26T00:00:00.000Z

Reasoning: Zinc credits present in high-grade core.

Evidence · table

“0.49”

Context: 187.70

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Blenda Rubia is located approximately 2 km from Silver X's processing plant , providing a clear pathway for capital-effi"

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.