# Zacatecas Silver Receives Drill Permit for El Cristo, Supporting 2026 Drill Program Aimed at Increasing Existing Silver Resource at the Zacatecas Silver Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/zacatecas-silver-receives-drill-permit-for-el-cristo-supporting-2026-drill-progr--acf3a065-2c08-455d-8d53-370a4b6f3bec

Original source: https://money.tmx.com/en/quote/ZAC/news/4780388939236570/zacatecas-silver-receives-drill-permit-for-el-cristo-supporting-2026-drill-progr

Publisher: tmx

Original announcement: 2026-03-16T10:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Zacatecas Silver Corp.

- Ticker: ZAC

- Exchange: TSX

- Region: Zacatecas State, Mexico

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Resource update, Permitting, Drill results

- Extracted: 2026-09-17 06:48:47 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Zacatecas Silver has received a drill permit from Mexico's SEMARNAT for the El Cristo vein system, enabling a 4,000-metre drill program in 2026. The program aims to expand the existing Panuco silver resource and potentially define a maiden resource at El Cristo.

Reasoning: The announcement of a drill permit for the El Cristo target is a key regulatory milestone that enables the upcoming 2026 exploration campaign.

- Positive factor: Receipt of environmental drill permit from SEMARNAT

- Positive factor: Planned 4,000m drill program to expand existing silver resource

- Positive factor: Existing Panuco resource provides strong foundation for growth

Facts used in scoring: 4

## Classification and evidence

**Permitting Milestone**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Company received necessary drill permit from SEMARNAT for El Cristo vein system.

Evidence · text

> has received the necessary drill permit from Mexico’s environmental authority, Secretaría de Medio Ambiente y Recursos Naturales \(“SEMARNAT”\), for the El Cristo vein system

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: Panuco deposit contains an inferred resource of 20.5 million ounces AgEq.

Evidence · text

> current inferred mineral resource of 20.5 million ounces of silver equivalent at the Panuco vein

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### CRI-2022-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/zacatecas-silver-receives-drill-permit-for-el-cristo-supporting-2026-drill-progr--acf3a065-2c08-455d-8d53-370a4b6f3bec#fact-drill-facts-2)

Zacatecas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CRI-2022-001
- Project: Zacatecas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: ZAC

#### Geometry

- Grade: 167
- Grade Unit: g/t
- Intercept: 9.53 m

#### Classification

- Sample Type: drill

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-08-29T00:00:00.000Z

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: Historical intercept mentioned as part of past program highlights.

- Positive factor: High grade intercept

Evidence · text

> 9.53 m @ 175 g/t AgEq \(167 g/t Ag, plus Zn/Pb\) in Hole CRI-2022-001

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### CRI-2022-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/zacatecas-silver-receives-drill-permit-for-el-cristo-supporting-2026-drill-progr--acf3a065-2c08-455d-8d53-370a4b6f3bec#fact-drill-facts-3)

Zacatecas · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CRI-2022-005
- Project: Zacatecas
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: ZAC

#### Geometry

- Grade: 829
- Grade Unit: g/t
- Intercept: 0.65 m

#### Classification

- Sample Type: drill

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-08-29T00:00:00.000Z

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: Historical high-grade intercept mentioned.

- Positive factor: Bonanza grade intercept

Evidence · text

> 0.65 m @ 829 g/t AgEq in Hole CRI-2022-005

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 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

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

## Resource Estimates (2)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/zacatecas-silver-receives-drill-permit-for-el-cristo-supporting-2026-drill-progr--acf3a065-2c08-455d-8d53-370a4b6f3bec#fact-resource-facts-0)

Zacatecas Silver Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Zacatecas Silver Project
- Commodity: silver
- Region: mexico
- Reported Region: Zacatecas State, Mexico
- Ticker: ZAC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:9717f527cdeb6dc85434
- Deposit or zone: Panuco vein

#### Resource Data

- Category: inferred
- Tonnes: 3410000
- Grade: 173
- Grade Unit: g/t
- Contained Metal: 19
- Contained Unit: moz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-05-30T00:00:00.000Z

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: Historical resource figure restated for context.

Evidence · text

> current inferred mineral resource of 20.5 million ounces of silver equivalent at the Panuco vein \(“AgEq”\) \(19.0 million ounces of silver \(“Ag”\) and 19.2 thousand ounces of gold \(“Au”\)\) from 3.41 million tonnes at 187 g/t Ag Eq \(173 g/t Ag and 0.18 g/t Au\)

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/zacatecas-silver-receives-drill-permit-for-el-cristo-supporting-2026-drill-progr--acf3a065-2c08-455d-8d53-370a4b6f3bec#fact-resource-facts-1)

Zacatecas Silver Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Zacatecas Silver Project
- Commodity: gold
- Region: mexico
- Reported Region: Zacatecas State, Mexico
- Ticker: ZAC

#### Resource scope

- Estimate type: resource
- Resource group id: resource:9717f527cdeb6dc85434
- Deposit or zone: Panuco vein

#### Resource Data

- Category: inferred
- Tonnes: 3410000
- Grade: 0.18
- Grade Unit: g/t
- Contained Metal: 19.2
- Contained Unit: koz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-05-30T00:00:00.000Z

#### Dates

- Event date: 2026-03-16T00:00:00.000Z

Reasoning: Historical resource figure restated for context.

Evidence · text

> 19.2 thousand ounces of gold \(“Au”\)\) from 3.41 million tonnes at 187 g/t Ag Eq \(173 g/t Ag and 0.18 g/t Au\)

#### 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

**Stale Estimate**

Polarity: negative

Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.8 years before this release

## 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.