Update on 2023 Surface Exploration of Silver Grail's Properties Located East of Stewart in the Golden Triangle

Original announcement by tmx on

Company
Silver Grail Resources Ltd.
Ticker
SVG
Exchange
TSX
Region
British Columbia
Primary commodity
Copper
Secondary commodities
Silver, Gold
Document categories
Drill results, Other
Extracted
2026-09-13 03:08:26 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver Grail Resources has completed surface exploration on its properties east of Stewart in British Columbia. Initial assay results from 25 grab samples on the Clone property show copper up to 4,450 ppm, silver up to 6.24 ppm, and gold up to 1,480 ppb.

Reasoning: Initial surface prospecting results from the Clone property show trace to low-grade mineralization across copper, silver, and gold.

Positive factors

  • First batch of assay data received from Clone property
  • Copper grades up to 4,450 ppm
  • Gold grades up to 1,480 ppb

Negative factors

  • Results are from grab samples (surface only)
  • Low average grades for silver and gold

Facts used in scoring: 3

Classification and evidence

Nearology Playneutral

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

Why it applies: The release positions the Fiji property as being part of the Kitsault Valley Trend which continues from the Dolly Varden and Torbrit Silver mines.

Evidence · text

“a trend which continues from the Dolly Varden and Torbrit Silver mines northwestward into the Homestake Main and beyond into Teuton and Silver Grail’s Fiji property”

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: The release does not disclose specific QA/QC protocols, lab certification, or CP/QP sign-off for the Clone property assay results.

Evidence · text

“A first batch of assay data from sampling has been received from 2023 prospecting on Silver Grail-Teuton’s Clone property.”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Drill Results (3)

Fact 1Clone · copperGrade: 0.16Grade Unit: %View all details
Link to this fact

Identity

Project
Clone
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
SVG

Geometry

Grade
0.16
Grade Unit
%

Classification

Sample Type
surface

Location

Location
Clone property
Loc. Source
document

QA/QC

QA/QC Disclosed
No
Lab Certified
No
QP Signed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-02T00:00:00.000Z

Reasoning: Average copper grade of 0.16% from grab samples is low but shows presence of mineralization.

Positive factors

  • Copper range up to 4,450 ppm

Negative factors

  • Average grade is low (0.16%)
  • Surface grab samples only

Evidence · text

“Results for copper show a range from 66 to 4,450 ppm with an average of 1,640 ppm (0.16% Cu)”

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

Fact 2Clone · silverGrade: 2.34Grade Unit: ppmView all details
Link to this fact

Identity

Project
Clone
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
SVG

Geometry

Grade
2.34
Grade Unit
ppm

Classification

Sample Type
surface

Location

Location
Clone property
Loc. Source
document

QA/QC

QA/QC Disclosed
No
Lab Certified
No
QP Signed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-02T00:00:00.000Z

Reasoning: Average silver grade of 2.34 ppm from grab samples is very low.

Positive factors

  • Silver range up to 6.24 ppm

Negative factors

  • Low average grade (2.34 ppm)
  • Surface grab samples only

Evidence · text

“for silver, a range from 0.20 to 6.24 ppm with an average of 2.34 ppm”

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

Fact 3Clone · goldGrade: 213Grade Unit: ppbView all details
Link to this fact

Identity

Project
Clone
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
SVG

Geometry

Grade
213
Grade Unit
ppb

Classification

Sample Type
surface

Location

Location
Clone property
Loc. Source
document

QA/QC

QA/QC Disclosed
No
Lab Certified
No
QP Signed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-02T00:00:00.000Z

Reasoning: Gold grades up to 1,480 ppb are encouraging for surface prospecting, though average is low.

Positive factors

  • Gold range up to 1,480 ppb

Negative factors

  • Surface grab samples only

Evidence · text

“for gold, a range from 10 to 1,480 ppb gold with an average of 213 ppb gold”

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

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.