Axo Metals Announces Promising Drill Results at San Antonio Project

Axo Metals Corp has released the initial assay results from its San Antonio project in Sonora, Mexico. The drilling, conducted around the Sapuchi deposit, indicates promising gold grades from surface. Notably, hole SOSAP-26-020 reported 23.6 meters of 2.13 g/t of gold from surface. Other significant results include hole SOSAP-26-021 with 1.31 g/t over 27.1 meters.

The exploration aims to upgrade confidence in the Sapuchi deposit's potential as a starter pit. With 25,000 meters planned, the campaign seeks to convert sections formerly considered waste into viable ore. Simultaneously, initiatives are in place for the El Tigre target, supported by recent positive channel sampling outcomes.

The company has engaged P&E Mining Consultants to prepare a Preliminary Economic Assessment, expected by late-Q3 2026. This is part of a broader strategy to evaluate the project's economic viability.