Element 29 Reports Longest and Highest-Grade Intercepts to Date at Elida with 1,489 m of 0.58% CuEq2
Original announcement by tmx on
- Company
- Element 29 Resources Inc.
- Ticker
- ECU
- Exchange
- TSX
- Region
- Perú
- Primary commodity
- Copper
- Secondary commodities
- Molybdenum, Silver
- Document categories
- Drill results, Resource update
- Extracted
- 2026-09-19 20:16:04 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Element 29 Resources reported significant drill results at the Elida Porphyry project in Perú, highlighted by a 1,489 m intercept of 0.58% CuEq in hole ELID037. These results extend mineralization well beyond the current pit-constrained resource and correlate with a large geophysical anomaly, suggesting potential for significant resource expansion.
Reasoning: The release reports exceptionally long and high-grade copper-equivalent intercepts that extend the mineralized footprint beyond the current resource boundary, supported by geophysical evidence.
Positive factors
- Significant vertical continuity of high-grade mineralization (1,489m)
- Intercepts extend well beyond the existing pit-constrained resource
- Increasing copper grades at depth
- Correlation with large MT geophysical anomaly
- Low strip ratio and low deleterious elements mentioned
Negative factors
- True widths not yet determined
Facts used in scoring: 12
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Mineralization extended well beyond the existing pit shell.
Evidence · text
“extending the Cu-Mo-Ag mineralization well beyond the existing pit shell.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Drill intercepts are reported as down-hole lengths and true thicknesses are unknown.
Evidence · text
“Drill intercepts are reported as down-hole lengths, and the true thicknesses are unknown at this time.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release details independent lab (ALS), insertion of duplicates, blanks, and standards.
Evidence · text
“Element 29 employs an independent, internal quality assurance/quality control program that includes insertion of duplicate, blank, and certified reference samples at the field site.”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The existing resource mentioned is an Inferred Mineral Resource Estimate.
Evidence · text
“completed an independent pit-constrained Inferred Mineral Resource Estimate in late 2022”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
ELID037Elida · copperGrade: 0.44Grade Unit: %Intercept: 1489 mView all detailsHide details
Identity
- Hole ID
- ELID037
- Project
- Elida
- Commodity
- copper
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 0.44
- Grade Unit
- %
- Intercept
- 1489 m
- From
- 0 m
- To
- 1552 m
- Hole Depth
- 1552 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ELID037:0-1552
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.58
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Major discovery-style intercept providing significant vertical continuity.
Positive factors
- Extremely long intercept (1,489m)
- Extends beyond existing pit shell
Evidence · text
“Drill hole ELID037 intersected 0.58% CuEq 2 (0.44% Cu, 0.04% Mo, 4.09 g/t Ag) over 1,489.0 m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
ELID037Elida · molybdenumGrade: 0.04Grade Unit: %Intercept: 1489 mView all detailsHide details
Identity
- Hole ID
- ELID037
- Project
- Elida
- Commodity
- molybdenum
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 0.04
- Grade Unit
- %
- Intercept
- 1489 m
- From
- 0 m
- To
- 1552 m
- Hole Depth
- 1552 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ELID037:0-1552
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Trace molybdenum component of the main intercept.
Evidence · text
“0.04% Mo”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
ELID037Elida · silverGrade: 4.09Grade Unit: g/tIntercept: 1489 mView all detailsHide details
Identity
- Hole ID
- ELID037
- Project
- Elida
- Commodity
- silver
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 4.09
- Grade Unit
- g/t
- Intercept
- 1489 m
- From
- 0 m
- To
- 1552 m
- Hole Depth
- 1552 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ELID037:0-1552
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Trace silver component of the main intercept.
Evidence · text
“4.09 g/t Ag”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
ELID037Elida · copperGrade: 0.64Grade Unit: %Intercept: 1152 mView all detailsHide details
Identity
- Hole ID
- ELID037
- Project
- Elida
- Commodity
- copper
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 0.64
- Grade Unit
- %
- Intercept
- 1152 m
- From
- 400 m
- To
- 1552 m
- Hole Depth
- 1552 m
- Intercept Depth
- 400 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ELID037:400-1552
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Significant high-grade sub-interval within the main hole.
Positive factors
- High grade sub-interval
Evidence · text
“Including 1,152.0 m grading 0.64% CuEq 2 (0.49% Cu, 0.04% Mo, 4.65 g/t Ag)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
ELID037Elida · copperGrade: 0.71Grade Unit: %Intercept: 401 mView all detailsHide details
Identity
- Hole ID
- ELID037
- Project
- Elida
- Commodity
- copper
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 0.71
- Grade Unit
- %
- Intercept
- 401 m
- From
- 401 m
- To
- 802 m
- Hole Depth
- 1552 m
- Intercept Depth
- 401 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ELID037:401-802
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Strong high-grade sub-interval.
Positive factors
- High grade sub-interval
Evidence · text
“401.0 m grading 0.71% CuEq 2 (0.60% Cu, 0.03% Mo, and 7,67 g/t Ag)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
ELID037Elida · copperGrade: 0.76Grade Unit: %Intercept: 283.8 mView all detailsHide details
Identity
- Hole ID
- ELID037
- Project
- Elida
- Commodity
- copper
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 0.76
- Grade Unit
- %
- Intercept
- 283.8 m
- From
- 1268.2 m
- To
- 1552 m
- Hole Depth
- 1552 m
- Intercept Depth
- 1268.2 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ELID037:1268.2-1552
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Strong high-grade sub-interval at depth.
Positive factors
- High grade sub-interval at depth
Evidence · text
“283.8 m grading 0.76% CuEq 2 (0.58% Cu, 0.06% Mo, 3.68 g/t Ag)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
ELID037Elida · copperGrade: 0.87Grade Unit: %Intercept: 93.8 mView all detailsHide details
Identity
- Hole ID
- ELID037
- Project
- Elida
- Commodity
- copper
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 0.87
- Grade Unit
- %
- Intercept
- 93.8 m
- From
- 1458.2 m
- To
- 1552 m
- Hole Depth
- 1552 m
- Intercept Depth
- 1458.2 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ELID037:1458.2-1552
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: High-grade intercept at depth correlating with geophysical target.
Positive factors
- Highest grade intercept in the hole
- Correlates with MT geophysical anomaly
Evidence · text
“last 93.8 m grading 0.87% CuEq 2 (0.71% Cu, 0.06% Mo, 3.99 g/t Ag)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
ELID036Elida · copperGrade: 0.47Grade Unit: %Intercept: 92.7 mView all detailsHide details
Identity
- Hole ID
- ELID036
- Project
- Elida
- Commodity
- copper
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 0.47
- Grade Unit
- %
- Intercept
- 92.7 m
- From
- 122.5 m
- To
- 215.2 m
- Hole Depth
- 831.4 m
- Intercept Depth
- 122.5 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ELID036:122.5-215.2
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Moderate grade intercept for infill/extension drilling.
Positive factors
- Infill/extension potential
Evidence · text
“92.7 m grading 0.47% CuEq 2 (0.36% Cu, 0.03% Mo and 3.11 g/t Ag)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
ELID036Elida · copperGrade: 0.33Grade Unit: %Intercept: 159.1 mView all detailsHide details
Identity
- Hole ID
- ELID036
- Project
- Elida
- Commodity
- copper
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 0.33
- Grade Unit
- %
- Intercept
- 159.1 m
- From
- 380.9 m
- To
- 539.9 m
- Hole Depth
- 831.4 m
- Intercept Depth
- 380.9 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ELID036:380.9-539.9
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Lower grade intercept.
Evidence · text
“159.1 m of 0.33% CuEq 2 (0.24% Cu, 0.02% Mo and 3.05 g/t Ag)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
ELID038Elida · copperGrade: 0.38Grade Unit: %Intercept: 667 mView all detailsHide details
Identity
- Hole ID
- ELID038
- Project
- Elida
- Commodity
- copper
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 0.38
- Grade Unit
- %
- Intercept
- 667 m
- From
- 48 m
- To
- 715 m
- Hole Depth
- 845.1 m
- Intercept Depth
- 48 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- ELID038:48-715
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Long but relatively low grade intercept on the eastern side.
Positive factors
- Long intercept
Evidence · text
“667.0 m grading 0.38% CuEq 2 (0.28% Cu, 0.03% Mo, and 2.26 g/t Ag)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
ELID039Elida · copperGrade: 0.4Grade Unit: %Intercept: 601.7 mView all detailsHide details
Identity
- Hole ID
- ELID039
- Project
- Elida
- Commodity
- copper
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 0.4
- Grade Unit
- %
- Intercept
- 601.7 m
- From
- 13.3 m
- To
- 615 m
- Hole Depth
- 695.1 m
- Intercept Depth
- 13.3 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ELID039:13.3-615
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Moderate grade long intercept.
Positive factors
- Long intercept
Evidence · text
“601.7 m grading 0.40% CuEq 2 (0.30% Cu, 0.03% Mo, and 4.10 g/t Ag)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
ELID040Elida · copperGrade: 0.42Grade Unit: %Intercept: 115 mView all detailsHide details
Identity
- Hole ID
- ELID040
- Project
- Elida
- Commodity
- copper
- Region
- perú
- Reported Region
- perú
- Ticker
- ECU
Geometry
- Grade
- 0.42
- Grade Unit
- %
- Intercept
- 115 m
- From
- 39.6 m
- To
- 154.6 m
- Hole Depth
- 531.9 m
- Intercept Depth
- 39.6 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ELID040:39.6-154.6
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
QA/QC
- Laboratory
- ALS Peru S.A.C.
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Moderate grade intercept.
Evidence · text
“115.0 m grading 0.42% CuEq 2 (0.37% Cu, 0.02% Mo, and 3.53 g/t Ag)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The project is situated at a moderate elevation between 1,500 m and 2,000 m with access to transportation routes to coas"
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.