Mining intelligence · Project
San Diego Project
- Total silver eq. resources
- 210.8 Moz
- Property area
- 91.65 ha
- Linked companies
- 1
The asset
Project overview
San Diego is in the Velardeña Mining District in Durango State, Mexico. The property is reached by a 10 km dirt road from the village of San Diego, east of Highway 400 and Federal Road 49.
Source Managements-Discussion-Analysis-Quarterly-Q1-FY2027-MDA-Statements · page 16 · Aug 27, 2026 · Corporate-Presentation-Nov.-2026 · page 18 · Nov 1, 2026
Mineralization consists of silver-lead-zinc veins that widen at depth and large endoskarn deposits. Drilling at the near-surface 57 Target included 72 g/t Ag.Eq over 274 m from surface. The silver-equivalent calculation assumes 100% metallurgical recovery.
Source Corporate-Presentation-Nov.-2026 · page 18 · Nov 1, 2026 · Corporate-Presentation-Nov.-2026 · page 22 · Nov 1, 2026
- Region
- North America
- Property area
- 91.65 ha
- Location
- Velardeña Mining District, Durango State, Mexico
- Access
- 10 km dirt road from the village of San Diego
- Land position
- 4 mining concessions covering 91.65 hectares
- Geology
- Silver-lead-zinc veins widening at depth
- Deposit type
- Veins and endoskarn deposits
- Processing
- Initial Fernandez Zone testing of conventional flotation
Exploration
Drill results
Every intercept the company has reported with numbers, as printed in its releases. Intervals are drilled widths unless the company states true widths.
| Hole | Target | From | To | Interval | Grade | Reported |
|---|---|---|---|---|---|---|
| 07-18 | 1849 | 813.99 | 915.10 | 101.11 m | 83 g/t Ag eq. · 0.05 g/t Au · 30 g/t Ag · 0.57 % Pb · 0.65 % Zn · 0.05 % Cu | May 5, 2022 |
| 08-35 | FERNANDEZ | 708.30 | 1062.95 | 354.65 m | 90 g/t Ag eq. · 0.04 g/t Au · 33 g/t Ag · 0.43 % Pb · 0.92 % Zn · 0.05 % Cu | May 5, 2022 |
| 11-44 | FERNANDEZ | 645.40 | 988.20 | 342.80 m | 105 g/t Ag eq. · 0.03 g/t Au · 42 g/t Ag · 0.56 % Pb · 0.88 % Zn · 0.08 % Cu | May 5, 2022 |
| 12-47 | FERNANDEZ | 757.80 | 1004.35 | 246.55 m | 133 g/t Ag eq. · 0.04 g/t Au · 51 g/t Ag · 0.47 % Pb · 1.20 % Zn · 0.16 % Cu | May 5, 2022 |
| 12-48 | FERNANDEZ | 617.00 | 814.00 | 197.00 m | 70 g/t Ag eq. · 0.05 g/t Au · 27 g/t Ag · 0.45 % Pb · 0.48 % Zn · 0.06 % Cu | May 5, 2022 |
| 12-49 | FERNANDEZ | 697.80 | 1018.55 | 320.75 m | 152 g/t Ag eq. · 0.06 g/t Au · 55 g/t Ag · 0.68 % Pb · 1.34 % Zn · 0.17 % Cu | May 5, 2022 |
| 12-49 | 1849 | 440.88 | 482.91 | 42.03 m | 169 g/t Ag eq. · 0.15 g/t Au · 62 g/t Ag · 1.56 % Pb · 1.14 % Zn · 0.02 % Cu | May 5, 2022 |
| 12-50A | FERNANDEZ | 686.50 | 1049.10 | 362.60 m | 161 g/t Ag eq. · 0.10 g/t Au · 58 g/t Ag · 0.67 % Pb · 1.43 % Zn · 0.16 % Cu | May 5, 2022 |
| 12-50W2 | FERNANDEZ | 702.20 | 1076.80 | 374.60 m | 97 g/t Ag eq. · 0.04 g/t Au · 36 g/t Ag · 0.40 % Pb · 0.84 % Zn · 0.11 % Cu | May 5, 2022 |
| 21-57 | 57 TARGET | 29.55 | 303.20 | 273.65 m | 72 g/t Ag eq. · 0.10 g/t Au · 43 g/t Ag · 0.19 % Pb · 0.33 % Zn · 0.02 % Cu | May 5, 2022 |
| 21-57 | 1849 | 521.88 | 656.25 | 134.37 m | 84 g/t Ag eq. · 0.13 g/t Au · 21 g/t Ag · 0.60 % Pb · 0.74 % Zn · 0.05 % Cu | May 5, 2022 |
| 21-58 | FERNANDEZ | 483.13 | 674.70 | 191.57 m | 102 g/t Ag eq. · 0.04 g/t Au · 35 g/t Ag · 0.81 % Pb · 0.81 % Zn · 0.06 % Cu | May 5, 2022 |
| 21-60A | FERNANDEZ | 598.30 | 921.20 | 322.90 m | 100 g/t Ag eq. · 0.03 g/t Au · 40 g/t Ag · 0.62 % Pb · 0.77 % Zn · 0.08 % Cu | May 5, 2022 |
| 21-61W1 | FERNANDEZ | 615.90 | 856.20 | 240.30 m | 83 g/t Ag eq. · 0.04 g/t Au · 32 g/t Ag · 0.54 % Pb · 0.66 % Zn · 0.06 % Cu | May 5, 2022 |
| 22-65A | RATA | 94.55 | 95.15 | 0.60 m | 1551 g/t Ag eq. · 0.02 g/t Au · 1350 g/t Ag · 1.37 % Pb · 2.99 % Zn · 0.35 % Cu | May 5, 2022 |
| 22-65A | RATA | 102.55 | 103.20 | 0.65 m | 1194 g/t Ag eq. · 0.03 g/t Au · 981 g/t Ag · 2.45 % Pb · 2.50 % Zn · 0.35 % Cu | May 5, 2022 |
| 22-65A | 143.20 | 144.87 | 1.67 m | 288 g/t Ag eq. · 0.11 g/t Au · 210 g/t Ag · 0.61 % Pb · 1.14 % Zn · 0.05 % Cu | May 5, 2022 | |
| 22-65A | CANTA | 231.15 | 232.00 | 0.85 m | 280 g/t Ag eq. · 0.12 g/t Au · 197 g/t Ag · 1.24 % Pb · 0.75 % Zn · 0.06 % Cu | May 5, 2022 |
| 22-65B | RATA | 154.35 | 155.55 | 1.20 m | 312 g/t Ag eq. · 0.08 g/t Au · 286 g/t Ag · 0.16 % Pb · 0.26 % Zn · 0.04 % Cu | May 5, 2022 |
| 22-65B | 177.20 | 178.20 | 1.00 m | 136 g/t Ag eq. · 0.32 g/t Au · 84 g/t Ag · 0.34 % Pb · 0.28 % Zn · 0.04 % Cu | May 5, 2022 |
Company plans
Milestones
The company's own stated plans and recent steps, each from the newest document that states it.
Done
Sep 21, 2022
Golden Tag reported metallurgical test results from San Diego's Fernandez Zone.
As the company put it: “September 21, 2022”
Source Golden Tag Resources: Fernandez Zone Tests Yield 83% Silver Recovery · Sep 21, 2022
2021
Drilling at San Diego discovered near-surface mineralization at the 57 Target.
Source Golden Tag Set to Recommence Drilling on San Diego · Jan 6, 2022
Apr 12, 2013
An updated mineral resource estimate was prepared for San Diego.
As the company put it: “April 12, 2013”
Source Corporate-Presentation-Nov.-2026 · page 36 · Nov 1, 2026
Companies behind the asset
Ownership & project roles
Owner
Source 7:10 am · Nov 5, 2026
Mineral inventory
Resources and reserves
Explore the reported mineral inventory, from headline totals to individual deposits. Resources and reserves remain separate; equivalent metal uses the company’s own assumptions.
Mineral resources as at Apr 12, 2013NI 43-101
- Total silver eq.
- 210.8Moz AgEq
- Indicated
- 55.5Moz AgEq
- Inferred
- 155.3Moz AgEq
Indicated + Inferred
Reported estimate. Total combines resource categories with different confidence levels; inferred resources are not reserves.
Source Corporate Presentation Nov. 2026 · Nov 1, 2026
Market cap per resource ounce
Silver Storm Mining Ltd · US$230.8M market cap
- All categories
- US$1.09/ oz AgEq
- Indicated
- US$4.16/ oz AgEq
- Inferred
- US$1.49/ oz AgEq
Each figure divides the whole company market cap by that category’s reported ounces in this estimate. No ownership adjustment; other company assets are not deducted. Resource ounces are not recoverable production or cash value. Share price 2026-11-06 · FX 2026-11-06.
Total
| Category | TonnageMt | Contained metal | Cut-off | ||
|---|---|---|---|---|---|
| SilverMoz | ZincMlb | Silver eq.Moz | |||
| Indicated | 16.5 | 31.6 | 438 | 55.5 | — |
| Inferred | 42.1 | 83.8 | 1,211 | 155.3 | — |
Breakdown by deposit (3) — restates the totals above, not additional to them
Fernandez Zone
| Category | TonnageMt | Grade | Contained metal | Cut-off | ||||
|---|---|---|---|---|---|---|---|---|
| Silverg/t | Goldg/t | Lead% | Zinc% | Silver eq.g/t | SilverMoz | |||
| Indicated | 14.8 | 51 | 0.06 | 0.65 | 1.17 | 94 | 24.1 | — |
| Inferred | 28.7 | 46 | 0.05 | 0.7 | 1.08 | 88 | 42.4 | — |
| Total (Indicated + Inferred) | 66.5 | |||||||
The total adds Indicated + Inferred, categories of different confidence. Equivalent columns are totalled only with themselves, never added to a metal.
Oxide Veins
Shaded columns are equivalent figures. An equivalent column combines the metals beside it on the company's own price assumptions. It is not additional metal and must not be added to them.
