# Element 29 Reports Longest and Highest-Grade Intercepts to Date at Elida with 1,489 m of 0.58% CuEq2

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40

Original source: https://money.tmx.com/en/quote/ECU/news/8408322205733663/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1-

Publisher: tmx

Original announcement: 2026-01-26T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Significant vertical continuity of high-grade mineralization \(1,489m\)

- Positive factor: Intercepts extend well beyond the existing pit-constrained resource

- Positive factor: Increasing copper grades at depth

- Positive factor: Correlation with large MT geophysical anomaly

- Positive factor: Low strip ratio and low deleterious elements mentioned

- Negative factor: True widths not yet determined

Facts used in scoring: 12

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Resource**

Polarity: negative

Definition: 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)

### ELID037

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-0)

Elida · copper

#### 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 factor: Extremely long intercept \(1,489m\)

- Positive factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: 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"

### ELID037

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-1)

Elida · molybdenum

#### 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 Disclosed**

Polarity: positive

Definition: 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 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: 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"

### ELID037

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-2)

Elida · silver

#### 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 Disclosed**

Polarity: positive

Definition: 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 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: 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"

### ELID037

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-3)

Elida · copper

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: 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"

### ELID037

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-4)

Elida · copper

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: 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"

### ELID037

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-5)

Elida · copper

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: 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"

### ELID037

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-6)

Elida · copper

#### 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 factor: Highest grade intercept in the hole

- Positive factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: 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"

### ELID036

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-7)

Elida · copper

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: 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"

### ELID036

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-8)

Elida · copper

#### 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 Disclosed**

Polarity: positive

Definition: 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 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: 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"

### ELID038

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-9)

Elida · copper

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

**Nearology Play**

Polarity: neutral

Definition: 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"

### ELID039

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-10)

Elida · copper

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: 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"

### ELID040

[Link to this fact](https://atlas-extractions.minestarters.com/news/element-29-reports-longest-and-highest-grade-intercepts-to-date-at-elida-with-1--ac71d124-9700-44ae-b6a0-a83b631d8e40#fact-drill-facts-11)

Elida · copper

#### 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 Disclosed**

Polarity: positive

Definition: 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 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

**Nearology Play**

Polarity: neutral

Definition: 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.