# Silver47 Begins Metallurgical Testwork to Confirm Reprocessing Potential of Historic Mine Tailings at Hughes, Nevada Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/silver47-begins-metallurgical-testwork-to-confirm-reprocessing-potential-of-hist--a7a55653-e1da-41dc-a558-bc28b8cea24c Original source: https://money.tmx.com/en/quote/AGA/news/8048705258150083/silver47-begins-metallurgical-testwork-to-confirm-reprocessing-potential-of-hist Publisher: tmx Original announcement: 2026-02-19T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Silver47 Exploration Corp. - Ticker: AGA - Exchange: TSX - Region: Nevada - Primary commodity: Silver - Secondary commodities: Gold - Document categories: Metallurgy, Resource update - Extracted: 2026-09-13 11:08:39 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Silver47 has commenced metallurgical testwork to evaluate the reprocessing potential of the historic Belmont tailings at its Hughes property in Nevada. The tailings host an inferred resource of 1.8 Moz silver and 11 koz gold at 44 g/t Ag and 0.3 g/t Au. The program includes agitated cyanide leach and CIL testing to determine recovery rates and process efficiency. Reasoning: The company is initiating metallurgical testing on a known, NI 43-101 compliant tailings resource to confirm economic viability at current silver prices. - Positive factor: High-grade silver resource \(44 g/t Ag\) - Positive factor: Favourable historical diagnostic leaching results - Positive factor: Low-disturbance reprocessing potential - Positive factor: NI 43-101 compliant resource - Negative factor: Metallurgical testwork is only just beginning - Negative factor: Reprocessing feasibility is not yet confirmed Facts used in scoring: 4 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource is stated as being in the inferred category. Evidence · text > host inferred mineral resources **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource is explicitly stated as NI 43-101 compliant. Evidence · text > Tailings contain NI 43-101 compliant inferred resources **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a mill\_cil route \("CIL"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/silver47-begins-metallurgical-testwork-to-confirm-reprocessing-potential-of-hist--a7a55653-e1da-41dc-a558-bc28b8cea24c#fact-resource-facts-0) Hughes · silver #### Identity - Project: Hughes - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: AGA #### Resource scope - Estimate type: resource - Effective date: 2024-01-12T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Galen McNamara - Resource group id: resource:ed8172598ef06cde349d - Deposit or zone: Belmont tailings - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1260000 - Grade: 44 - Grade Unit: g/t - Contained Metal: 1.8 - Contained Unit: moz #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-19T00:00:00.000Z Reasoning: Significant silver resource at surface in tailings. - Positive factor: High grade \(44 g/t Ag\) - Positive factor: NI 43-101 compliant Evidence · text > host inferred mineral resources of 1.8 Moz silver and 11 koz gold \(44 g/t Ag and 0.3 g/t Au, or 68 g/t AgEq\*\) within approximately 1.26 Mt #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/silver47-begins-metallurgical-testwork-to-confirm-reprocessing-potential-of-hist--a7a55653-e1da-41dc-a558-bc28b8cea24c#fact-resource-facts-1) Hughes · gold #### Identity - Project: Hughes - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: AGA #### Resource scope - Estimate type: resource - Effective date: 2024-01-12T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Galen McNamara - Resource group id: resource:ed8172598ef06cde349d - Deposit or zone: Belmont tailings - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1260000 - Grade: 0.3 - Grade Unit: g/t - Contained Metal: 11 - Contained Unit: koz #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-19T00:00:00.000Z Reasoning: Gold is a secondary byproduct in this tailings resource. Evidence · text > 1.8 Moz silver and 11 koz gold \(44 g/t Ag and 0.3 g/t Au, or 68 g/t AgEq\*\) within approximately 1.26 Mt #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ## Metallurgical Results (2) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver47-begins-metallurgical-testwork-to-confirm-reprocessing-potential-of-hist--a7a55653-e1da-41dc-a558-bc28b8cea24c#fact-metallurgical-facts-2) Hughes · silver #### Identity - Project: Hughes - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: AGA #### Test Work - Program Status: preliminary - Sample: Diagnostic leaching 2021 #### Recovery - Recovery: 83 % - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-19T00:00:00.000Z Reasoning: Historical diagnostic leaching showed strong silver deportment to cyanide. - Positive factor: High silver solubility Evidence · text > 79-87% of silver and 55-61% of gold readily cyanide-soluble ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver47-begins-metallurgical-testwork-to-confirm-reprocessing-potential-of-hist--a7a55653-e1da-41dc-a558-bc28b8cea24c#fact-metallurgical-facts-3) Hughes · gold #### Identity - Project: Hughes - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: AGA #### Test Work - Program Status: preliminary - Sample: Diagnostic leaching 2021 #### Recovery - Recovery: 58 % - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-19T00:00:00.000Z Reasoning: Historical diagnostic leaching showed moderate gold solubility. - Positive factor: Gold is cyanide soluble - Negative factor: Lower recovery compared to silver Evidence · text > 79-87% of silver and 55-61% of gold readily cyanide-soluble #### Tags used in scoring **Low Recovery** Polarity: negative Definition: Recovery below the weak band for the commodity and processing route. Why it applies: 58% is below the weak band \(80%\) ## 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.