Southern Silver Intersects 35.0 Metres Averaging 188g/t Ag, 4.9% Pb and 4.6% Zn (399g/t AgEq) at Cerro Las Minitas Project, Durango, Mexico

Original announcement by newsfile on

Company
Southern Silver
Ticker
Unavailable
Exchange
Unavailable
Region
Durango, Mexico
Primary commodity
Silver
Secondary commodities
Lead, Zinc
Document categories
Drill results
Extracted
2026-09-21 11:31:43 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Southern Silver has reported a significant drill intercept at the Cerro Las Minitas Project in Durango, Mexico. The intercept consists of 35.0 metres averaging 188 g/t Ag, 4.9% Pb, and 4.6% Zn, which equates to 399 g/t AgEq.

Reasoning: The headline reports a very high-grade silver intercept (188g/t) over a substantial width (35m) with significant lead and zinc credits, representing a strong exploration result.

Positive factors

  • High-grade silver intercept
  • Significant width
  • Polymetallic credits (Pb, Zn)

Facts used in scoring: 1

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: 188 g/t Ag over 35m is exceptionally high grade for a silver project.

Evidence · text

“Intersects 35.0 Metres Averaging 188g/t Ag”

Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

Drill Results (1)

Fact 1Cerro Las Minitas · silverGrade: 188Grade Unit: g/tIntercept: 35 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Cerro Las Minitas
Commodity
silver
Region
mexico
Reported Region
mexico

Geometry

Grade
188
Grade Unit
g/t
Intercept
35 m

Classification

Sample Type
drill

Metal Equivalent

Metal Eq. Grade
399
Metal Eq. Unit
g/t AgEq

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: High grade silver intercept reported in headline.

Positive factors

  • High grade silver

Evidence · text

“35.0 Metres Averaging 188g/t Ag”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: an equivalent grade is reported without its assumptions

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.