# Excellon Drilling Confirms Grade and Width Below the 4090 Level at Mallay Silver Mine

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58

Original source: https://orestocks.com/company/EXN.TO/press-releases/7189685888581999

Publisher: orestocks

Original announcement: 2026-09-21T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Excellon Resources Inc.

- Ticker: EXN.TO

- Exchange: Unavailable

- Region: Peru

- Primary commodity: Silver

- Secondary commodities: Lead, Zinc, Gold

- Document categories: Drill results

- Extracted: 2026-09-21 12:29:42 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Excellon Drilling has confirmed high-grade silver-lead-zinc mineralization at its Mallay Silver Mine in Peru, with results from 15 holes showing grade and width continuity below the 4090 Level. Notable intercepts include 3.40 m at 495 g/t AgEq and 0.85 m at 600 g/t AgEq. The program also identified wide mineralized zones outside the current resource, indicating potential for significant resource growth and supporting future mine development.

Reasoning: The drill results confirm high-grade silver-lead-zinc mineralization with good width continuity below the current mining level, and identify new mineralized zones outside the existing resource, indicating strong potential for resource growth and supporting future mine development. The disclosed QA/QC procedures add confidence to the results. However, the lack of a formal economic study introduces risk.

- Positive factor: High-grade silver equivalent intercepts, particularly MLL26-010 \(495 g/t AgEq over 3.4m\) and MLL26-006 \(600 g/t AgEq over 0.85m\), indicate strong mineralization.

- Positive factor: Confirmation of grade and width continuity below the 4090 Level supports deeper mine development and resource expansion.

- Positive factor: Identification of wide mineralized zones \(calc-silicate system\) outside the current resource estimate suggests potential for significant resource growth.

- Positive factor: The drill program is designed to inform near-term mine planning and transition to more productive, mechanized mining methods.

- Positive factor: QA/QC procedures are disclosed, including QP sign-off, use of ALS Global, and insertion of blanks, standards, and duplicates.

- Negative factor: True widths are generally approximated at 80% of core length, indicating that reported intercept lengths may slightly overstate true thickness.

- Negative factor: The company has not completed a preliminary economic assessment, pre-feasibility study or feasibility study, and has not demonstrated economic viability of a restart of mining operations, increasing technical and economic risks.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 256

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: MLL26-006 returned 600 g/t AgEq over 0.85m, which is an exceptionally high-grade zone for silver.

Evidence · table

> 600

Context: 0.85

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: MLL26-010 returned 495 g/t AgEq over 3.4m, which is an exceptionally high-grade zone for silver.

Evidence · table

> 495

Context: 3.4

**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: The technical information has been reviewed and approved by a Qualified Person, and samples are analyzed by ALS Global with insertion of blanks, duplicates, and standards.

Evidence · text

> The technical information herein has been reviewed and approved by William McGuinty \(P. Geo.\), a Qualified Person as defined by National Instrument 43-101. ... Samples are sent to, and analyzed, in Lima, Peru by ALS Global using their AA-Au24 and Me-ICP61b methods. ... A blank, duplicate or mineral standard is inserted into the sample stream at a rate of 1 in every 10 samples to be submitted.

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: Metal equivalent grade is reported without disclosing metallurgical recoveries, which are critical for accurate economic assessment.

Evidence · text

> Silver-equivalent \(AgEq\) is calculated with prices used in the February 2026 Mallay Mineral Resource Estimate \(US$30/oz Ag, US$1.00/lb Pb and US$1.35/lb Zn\). Gold is not included and metallurgical recoveries are not applied.

**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: Intervals are reported as drill core lengths, and true widths are generally approximated at 80% of core length, indicating that reported lengths may overstate true thickness.

Evidence · text

> All intervals are reported as drill core lengths. True widths vary as holes are drilled in fans from underground drill chambers but generally approximate 80% of core length.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drill program includes testing high-priority step-out targets and extending mineralization beyond previously known limits.

Evidence · text

> The Company has drilled approximately 9,000 metres to-date and has transitioned to drilling high-priority step-out targets for which assays are pending or which will be reported separately.

## Extracted facts

Stored fact records: 256. Some facts used in scoring do not have a stored record.

## Drill Results (256)

### MLL26-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-0)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-001
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.03
- Grade Unit: g/t
- Intercept: 1.8 m
- From: 178.6 m
- To: 180.4 m
- Hole Depth: 217 m
- Intercept Depth: 178.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-001:178.6-180.4
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4096 m
- Azimuth: 102 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 154
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.03

Context: 1.8

#### 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 "resource"

### MLL26-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-1)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-001
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 39
- Grade Unit: g/t
- Intercept: 1.8 m
- From: 178.6 m
- To: 180.4 m
- Hole Depth: 217 m
- Intercept Depth: 178.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-001:178.6-180.4
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4096 m
- Azimuth: 102 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 154
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate for an underground vein deposit, but the AgEq value is more significant.

- Negative factor: Moderate silver grade for an underground vein deposit.

Evidence · table

> 39

Context: 1.8

#### 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 "resource"

### MLL26-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-2)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-001
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.52
- Grade Unit: %
- Intercept: 1.8 m
- From: 178.6 m
- To: 180.4 m
- Hole Depth: 217 m
- Intercept Depth: 178.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-001:178.6-180.4
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4096 m
- Azimuth: 102 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 154
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate lead grade for an underground vein deposit.

Evidence · table

> 1.52

Context: 1.8

#### 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 "resource"

### MLL26-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-3)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-001
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.59
- Grade Unit: %
- Intercept: 1.8 m
- From: 178.6 m
- To: 180.4 m
- Hole Depth: 217 m
- Intercept Depth: 178.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-001:178.6-180.4
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4096 m
- Azimuth: 102 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 154
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate zinc grade for an underground vein deposit.

Evidence · table

> 2.59

Context: 1.8

#### 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 "resource"

### MLL26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-4)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-002
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 6.8 m
- From: 209.1 m
- To: 215.9 m
- Hole Depth: 250 m
- Intercept Depth: 209.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-002:209.1-215.9
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 108 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 195
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.12

Context: 6.8

#### 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 "resource"

### MLL26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-5)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-002
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 97
- Grade Unit: g/t
- Intercept: 6.8 m
- From: 209.1 m
- To: 215.9 m
- Hole Depth: 250 m
- Intercept Depth: 209.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-002:209.1-215.9
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 108 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 195
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate, but the AgEq value is good, indicating a valuable intercept.

Evidence · table

> 97

Context: 6.8

#### 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 "resource"

### MLL26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-6)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-002
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.21
- Grade Unit: %
- Intercept: 6.8 m
- From: 209.1 m
- To: 215.9 m
- Hole Depth: 250 m
- Intercept Depth: 209.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-002:209.1-215.9
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 108 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 195
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate lead grade for an underground vein deposit.

Evidence · table

> 1.21

Context: 6.8

#### 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 "resource"

### MLL26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-7)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-002
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.29
- Grade Unit: %
- Intercept: 6.8 m
- From: 209.1 m
- To: 215.9 m
- Hole Depth: 250 m
- Intercept Depth: 209.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-002:209.1-215.9
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 108 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 195
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate zinc grade for an underground vein deposit.

Evidence · table

> 2.29

Context: 6.8

#### 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 "resource"

### MLL26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-8)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-002
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.27
- Grade Unit: g/t
- Intercept: 1.6 m
- From: 213.8 m
- To: 215.4 m
- Hole Depth: 250 m
- Intercept Depth: 213.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-002:213.8-215.4
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 108 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 396
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.27

Context: 1.6

#### 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 "resource"

### MLL26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-9)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-002
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 243
- Grade Unit: g/t
- Intercept: 1.6 m
- From: 213.8 m
- To: 215.4 m
- Hole Depth: 250 m
- Intercept Depth: 213.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-002:213.8-215.4
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 108 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 396
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong silver grade and high AgEq, making it a significant result.

- Positive factor: Strong silver grade and high AgEq value.

Evidence · table

> 243

Context: 1.6

#### 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 "resource"

### MLL26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-10)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-002
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.7
- Grade Unit: %
- Intercept: 1.6 m
- From: 213.8 m
- To: 215.4 m
- Hole Depth: 250 m
- Intercept Depth: 213.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-002:213.8-215.4
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 108 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 396
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 2.7

Context: 1.6

#### 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 "resource"

### MLL26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-11)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-002
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.97
- Grade Unit: %
- Intercept: 1.6 m
- From: 213.8 m
- To: 215.4 m
- Hole Depth: 250 m
- Intercept Depth: 213.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-002:213.8-215.4
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 108 °
- Dip: -30 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 396
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 2.97

Context: 1.6

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-12)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.06
- Grade Unit: g/t
- Intercept: 10.5 m
- From: 204 m
- To: 214.5 m
- Hole Depth: 260 m
- Intercept Depth: 204 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:204-214.5
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 107
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.06

Context: 10.5

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-13)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 40
- Grade Unit: g/t
- Intercept: 10.5 m
- From: 204 m
- To: 214.5 m
- Hole Depth: 260 m
- Intercept Depth: 204 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:204-214.5
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 107
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate for an underground vein deposit, but the AgEq value is more significant.

- Negative factor: Moderate silver grade for an underground vein deposit.

Evidence · table

> 40

Context: 10.5

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-14)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.67
- Grade Unit: %
- Intercept: 10.5 m
- From: 204 m
- To: 214.5 m
- Hole Depth: 260 m
- Intercept Depth: 204 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:204-214.5
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 107
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.67

Context: 10.5

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-15)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.68
- Grade Unit: %
- Intercept: 10.5 m
- From: 204 m
- To: 214.5 m
- Hole Depth: 260 m
- Intercept Depth: 204 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:204-214.5
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 107
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate zinc grade for an underground vein deposit.

Evidence · table

> 1.68

Context: 10.5

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-16)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.31
- Grade Unit: g/t
- Intercept: 3.1 m
- From: 214.5 m
- To: 217.6 m
- Hole Depth: 260 m
- Intercept Depth: 214.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:214.5-217.6
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 311
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.31

Context: 3.1

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-17)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 113
- Grade Unit: g/t
- Intercept: 3.1 m
- From: 214.5 m
- To: 217.6 m
- Hole Depth: 260 m
- Intercept Depth: 214.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:214.5-217.6
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 311
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a good silver grade and high AgEq, making it a significant result.

- Positive factor: Good silver grade and high AgEq value.

Evidence · table

> 113

Context: 3.1

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-18)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.94
- Grade Unit: %
- Intercept: 3.1 m
- From: 214.5 m
- To: 217.6 m
- Hole Depth: 260 m
- Intercept Depth: 214.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:214.5-217.6
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 311
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 2.94

Context: 3.1

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-19)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 4.25
- Grade Unit: %
- Intercept: 3.1 m
- From: 214.5 m
- To: 217.6 m
- Hole Depth: 260 m
- Intercept Depth: 214.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:214.5-217.6
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 311
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 4.25

Context: 3.1

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-20)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.69
- Grade Unit: g/t
- Intercept: 3.9 m
- From: 226.1 m
- To: 230 m
- Hole Depth: 260 m
- Intercept Depth: 226.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:226.1-230
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 185
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.69

Context: 3.9

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-21)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 96
- Grade Unit: g/t
- Intercept: 3.9 m
- From: 226.1 m
- To: 230 m
- Hole Depth: 260 m
- Intercept Depth: 226.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:226.1-230
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 185
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate, but the AgEq value is good, indicating a valuable intercept.

Evidence · table

> 96

Context: 3.9

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-22)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.02
- Grade Unit: %
- Intercept: 3.9 m
- From: 226.1 m
- To: 230 m
- Hole Depth: 260 m
- Intercept Depth: 226.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:226.1-230
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 185
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate lead grade for an underground vein deposit.

Evidence · table

> 1.02

Context: 3.9

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-23)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.12
- Grade Unit: %
- Intercept: 3.9 m
- From: 226.1 m
- To: 230 m
- Hole Depth: 260 m
- Intercept Depth: 226.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:226.1-230
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 185
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate zinc grade for an underground vein deposit.

Evidence · table

> 2.12

Context: 3.9

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-24)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.58
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 228.1 m
- To: 229 m
- Hole Depth: 260 m
- Intercept Depth: 228.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:228.1-229
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 372
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade, contributing to the overall AgEq.

- Negative factor: Moderate gold grade for an underground vein deposit.

Evidence · table

> 2.58

Context: 0.9

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-25)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 232
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 228.1 m
- To: 229 m
- Hole Depth: 260 m
- Intercept Depth: 228.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:228.1-229
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 372
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong silver grade and high AgEq, making it a significant result.

- Positive factor: Strong silver grade and high AgEq value.

Evidence · table

> 232

Context: 0.9

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-26)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.59
- Grade Unit: %
- Intercept: 0.9 m
- From: 228.1 m
- To: 229 m
- Hole Depth: 260 m
- Intercept Depth: 228.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:228.1-229
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 372
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate lead grade for an underground vein deposit.

Evidence · table

> 1.59

Context: 0.9

#### 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 "resource"

### MLL26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-27)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-003
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 3.36
- Grade Unit: %
- Intercept: 0.9 m
- From: 228.1 m
- To: 229 m
- Hole Depth: 260 m
- Intercept Depth: 228.1 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-003:228.1-229
- Mining Method: underground

#### Location

- Easting: 296422
- Northing: 8817528
- Elevation: 4094 m
- Azimuth: 105 °
- Dip: -33 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 372
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 3.36

Context: 0.9

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-28)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.46
- Grade Unit: g/t
- Intercept: 12.55 m
- From: 201.2 m
- To: 213.8 m
- Hole Depth: 261 m
- Intercept Depth: 201.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:201.2-213.8
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 178
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.46

Context: 12.55

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-29)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 96
- Grade Unit: g/t
- Intercept: 12.55 m
- From: 201.2 m
- To: 213.8 m
- Hole Depth: 261 m
- Intercept Depth: 201.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:201.2-213.8
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 178
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate, but the AgEq value is good, indicating a valuable intercept.

Evidence · table

> 96

Context: 12.55

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-30)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.65
- Grade Unit: %
- Intercept: 12.55 m
- From: 201.2 m
- To: 213.8 m
- Hole Depth: 261 m
- Intercept Depth: 201.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:201.2-213.8
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 178
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.65

Context: 12.55

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-31)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.18
- Grade Unit: %
- Intercept: 12.55 m
- From: 201.2 m
- To: 213.8 m
- Hole Depth: 261 m
- Intercept Depth: 201.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:201.2-213.8
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 178
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate zinc grade for an underground vein deposit.

Evidence · table

> 2.18

Context: 12.55

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-32)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.26
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 201.2 m
- To: 207.3 m
- Hole Depth: 261 m
- Intercept Depth: 201.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:201.2-207.3
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 187
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.26

Context: 6.1

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-33)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 78
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 201.2 m
- To: 207.3 m
- Hole Depth: 261 m
- Intercept Depth: 201.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:201.2-207.3
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 187
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate, but the AgEq value is good, indicating a valuable intercept.

Evidence · table

> 78

Context: 6.1

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-34)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.43
- Grade Unit: %
- Intercept: 6.1 m
- From: 201.2 m
- To: 207.3 m
- Hole Depth: 261 m
- Intercept Depth: 201.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:201.2-207.3
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 187
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.43

Context: 6.1

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-35)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 3.2
- Grade Unit: %
- Intercept: 6.1 m
- From: 201.2 m
- To: 207.3 m
- Hole Depth: 261 m
- Intercept Depth: 201.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:201.2-207.3
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 187
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 3.2

Context: 6.1

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-36)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.97
- Grade Unit: g/t
- Intercept: 4 m
- From: 207.3 m
- To: 211.3 m
- Hole Depth: 261 m
- Intercept Depth: 207.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:207.3-211.3
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 236
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.97

Context: 4

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-37)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 166
- Grade Unit: g/t
- Intercept: 4 m
- From: 207.3 m
- To: 211.3 m
- Hole Depth: 261 m
- Intercept Depth: 207.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:207.3-211.3
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 236
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a good silver grade and high AgEq, making it a significant result.

- Positive factor: Good silver grade and high AgEq value.

Evidence · table

> 166

Context: 4

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-38)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.2
- Grade Unit: %
- Intercept: 4 m
- From: 207.3 m
- To: 211.3 m
- Hole Depth: 261 m
- Intercept Depth: 207.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:207.3-211.3
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 236
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate lead grade for an underground vein deposit.

Evidence · table

> 1.2

Context: 4

#### 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 "resource"

### MLL26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-39)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-004
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.37
- Grade Unit: %
- Intercept: 4 m
- From: 207.3 m
- To: 211.3 m
- Hole Depth: 261 m
- Intercept Depth: 207.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-004:207.3-211.3
- Mining Method: underground

#### Location

- Easting: 296421
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 92 °
- Dip: -40 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 236
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low zinc grade for an underground vein deposit.

Evidence · table

> 1.37

Context: 4

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-40)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 3.85 m
- From: 178 m
- To: 181.9 m
- Hole Depth: 241 m
- Intercept Depth: 178 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:178-181.9
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 60
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.11

Context: 3.85

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-41)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 49
- Grade Unit: g/t
- Intercept: 3.85 m
- From: 178 m
- To: 181.9 m
- Hole Depth: 241 m
- Intercept Depth: 178 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:178-181.9
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 60
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low silver grade for an underground vein deposit.

Evidence · table

> 49

Context: 3.85

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-42)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.15
- Grade Unit: %
- Intercept: 3.85 m
- From: 178 m
- To: 181.9 m
- Hole Depth: 241 m
- Intercept Depth: 178 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:178-181.9
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 60
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.15

Context: 3.85

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-43)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.23
- Grade Unit: %
- Intercept: 3.85 m
- From: 178 m
- To: 181.9 m
- Hole Depth: 241 m
- Intercept Depth: 178 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:178-181.9
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 60
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low zinc grade for an underground vein deposit.

Evidence · table

> 0.23

Context: 3.85

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-44)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.08
- Grade Unit: g/t
- Intercept: 7.7 m
- From: 181.9 m
- To: 189.6 m
- Hole Depth: 241 m
- Intercept Depth: 181.9 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:181.9-189.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 129
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.08

Context: 7.7

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-45)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 50
- Grade Unit: g/t
- Intercept: 7.7 m
- From: 181.9 m
- To: 189.6 m
- Hole Depth: 241 m
- Intercept Depth: 181.9 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:181.9-189.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 129
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate for an underground vein deposit, but the AgEq value is more significant.

- Negative factor: Moderate silver grade for an underground vein deposit.

Evidence · table

> 50

Context: 7.7

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-46)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.78
- Grade Unit: %
- Intercept: 7.7 m
- From: 181.9 m
- To: 189.6 m
- Hole Depth: 241 m
- Intercept Depth: 181.9 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:181.9-189.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 129
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.78

Context: 7.7

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-47)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.99
- Grade Unit: %
- Intercept: 7.7 m
- From: 181.9 m
- To: 189.6 m
- Hole Depth: 241 m
- Intercept Depth: 181.9 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:181.9-189.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 129
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate zinc grade for an underground vein deposit.

Evidence · table

> 1.99

Context: 7.7

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-48)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 0.75 m
- From: 188.8 m
- To: 189.6 m
- Hole Depth: 241 m
- Intercept Depth: 188.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:188.8-189.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 428
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.11

Context: 0.75

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-49)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 184
- Grade Unit: g/t
- Intercept: 0.75 m
- From: 188.8 m
- To: 189.6 m
- Hole Depth: 241 m
- Intercept Depth: 188.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:188.8-189.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 428
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong silver grade and high AgEq, making it a significant result.

- Positive factor: Strong silver grade and high AgEq value.

Evidence · table

> 184

Context: 0.75

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-50)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.87
- Grade Unit: %
- Intercept: 0.75 m
- From: 188.8 m
- To: 189.6 m
- Hole Depth: 241 m
- Intercept Depth: 188.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:188.8-189.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 428
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 2.87

Context: 0.75

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-51)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 5.78
- Grade Unit: %
- Intercept: 0.75 m
- From: 188.8 m
- To: 189.6 m
- Hole Depth: 241 m
- Intercept Depth: 188.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:188.8-189.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 428
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong zinc grade, contributing significantly to the AgEq.

- Positive factor: Strong zinc grade for an underground vein deposit.

Evidence · table

> 5.78

Context: 0.75

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-52)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.25
- Grade Unit: g/t
- Intercept: 6.65 m
- From: 189.6 m
- To: 196.2 m
- Hole Depth: 241 m
- Intercept Depth: 189.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:189.6-196.2
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 237
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.25

Context: 6.65

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-53)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 97
- Grade Unit: g/t
- Intercept: 6.65 m
- From: 189.6 m
- To: 196.2 m
- Hole Depth: 241 m
- Intercept Depth: 189.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:189.6-196.2
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 237
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate, but the AgEq value is good, indicating a valuable intercept.

Evidence · table

> 97

Context: 6.65

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-54)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.1
- Grade Unit: %
- Intercept: 6.65 m
- From: 189.6 m
- To: 196.2 m
- Hole Depth: 241 m
- Intercept Depth: 189.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:189.6-196.2
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 237
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 2.1

Context: 6.65

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-55)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.97
- Grade Unit: %
- Intercept: 6.65 m
- From: 189.6 m
- To: 196.2 m
- Hole Depth: 241 m
- Intercept Depth: 189.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:189.6-196.2
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 237
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 2.97

Context: 6.65

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-56)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.39
- Grade Unit: g/t
- Intercept: 4 m
- From: 191.6 m
- To: 195.6 m
- Hole Depth: 241 m
- Intercept Depth: 191.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:191.6-195.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 309
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.39

Context: 4

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-57)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 139
- Grade Unit: g/t
- Intercept: 4 m
- From: 191.6 m
- To: 195.6 m
- Hole Depth: 241 m
- Intercept Depth: 191.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:191.6-195.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 309
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a good silver grade and high AgEq, making it a significant result.

- Positive factor: Good silver grade and high AgEq value.

Evidence · table

> 139

Context: 4

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-58)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.74
- Grade Unit: %
- Intercept: 4 m
- From: 191.6 m
- To: 195.6 m
- Hole Depth: 241 m
- Intercept Depth: 191.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:191.6-195.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 309
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 2.74

Context: 4

#### 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 "resource"

### MLL26-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-59)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-005
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 3.47
- Grade Unit: %
- Intercept: 4 m
- From: 191.6 m
- To: 195.6 m
- Hole Depth: 241 m
- Intercept Depth: 191.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-005:191.6-195.6
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 87 °
- Dip: -31 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 309
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 3.47

Context: 4

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-60)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 1.3 m
- From: 32.2 m
- To: 33.5 m
- Hole Depth: 223 m
- Intercept Depth: 32.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:32.2-33.5
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 270
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.11

Context: 1.3

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-61)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 169
- Grade Unit: g/t
- Intercept: 1.3 m
- From: 32.2 m
- To: 33.5 m
- Hole Depth: 223 m
- Intercept Depth: 32.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:32.2-33.5
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 270
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a good silver grade and high AgEq, making it a significant result.

- Positive factor: Good silver grade and high AgEq value.

Evidence · table

> 169

Context: 1.3

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-62)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 3.03
- Grade Unit: %
- Intercept: 1.3 m
- From: 32.2 m
- To: 33.5 m
- Hole Depth: 223 m
- Intercept Depth: 32.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:32.2-33.5
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 270
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 3.03

Context: 1.3

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-63)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.04
- Grade Unit: %
- Intercept: 1.3 m
- From: 32.2 m
- To: 33.5 m
- Hole Depth: 223 m
- Intercept Depth: 32.2 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:32.2-33.5
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 270
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low zinc grade for an underground vein deposit.

Evidence · table

> 1.04

Context: 1.3

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-64)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.16
- Grade Unit: g/t
- Intercept: 0.85 m
- From: 38.4 m
- To: 39.3 m
- Hole Depth: 223 m
- Intercept Depth: 38.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:38.4-39.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 600
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.16

Context: 0.85

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-65)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 436
- Grade Unit: g/t
- Intercept: 0.85 m
- From: 38.4 m
- To: 39.3 m
- Hole Depth: 223 m
- Intercept Depth: 38.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:38.4-39.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 600
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver grade and high AgEq, making it a very significant result.

- Positive factor: Exceptional silver grade and high AgEq value.

Evidence · table

> 436

Context: 0.85

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-66)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 6.98
- Grade Unit: %
- Intercept: 0.85 m
- From: 38.4 m
- To: 39.3 m
- Hole Depth: 223 m
- Intercept Depth: 38.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:38.4-39.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 600
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong lead grade, contributing significantly to the AgEq.

- Positive factor: Strong lead grade for an underground vein deposit.

Evidence · table

> 6.98

Context: 0.85

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-67)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.13
- Grade Unit: %
- Intercept: 0.85 m
- From: 38.4 m
- To: 39.3 m
- Hole Depth: 223 m
- Intercept Depth: 38.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:38.4-39.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 600
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low zinc grade for an underground vein deposit.

Evidence · table

> 0.13

Context: 0.85

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-68)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.04
- Grade Unit: g/t
- Intercept: 1.9 m
- From: 180.8 m
- To: 182.7 m
- Hole Depth: 223 m
- Intercept Depth: 180.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:180.8-182.7
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 104
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.04

Context: 1.9

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-69)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 20
- Grade Unit: g/t
- Intercept: 1.9 m
- From: 180.8 m
- To: 182.7 m
- Hole Depth: 223 m
- Intercept Depth: 180.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:180.8-182.7
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 104
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low silver grade for an underground vein deposit.

Evidence · table

> 20

Context: 1.9

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-70)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.14
- Grade Unit: %
- Intercept: 1.9 m
- From: 180.8 m
- To: 182.7 m
- Hole Depth: 223 m
- Intercept Depth: 180.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:180.8-182.7
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 104
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.14

Context: 1.9

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-71)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.61
- Grade Unit: %
- Intercept: 1.9 m
- From: 180.8 m
- To: 182.7 m
- Hole Depth: 223 m
- Intercept Depth: 180.8 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:180.8-182.7
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 104
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate zinc grade for an underground vein deposit.

Evidence · table

> 2.61

Context: 1.9

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-72)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.18
- Grade Unit: g/t
- Intercept: 11.4 m
- From: 182.7 m
- To: 194.1 m
- Hole Depth: 223 m
- Intercept Depth: 182.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:182.7-194.1
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 267
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.18

Context: 11.4

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-73)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 69
- Grade Unit: g/t
- Intercept: 11.4 m
- From: 182.7 m
- To: 194.1 m
- Hole Depth: 223 m
- Intercept Depth: 182.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:182.7-194.1
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 267
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate, but the AgEq value is good, indicating a valuable intercept.

Evidence · table

> 69

Context: 11.4

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-74)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.32
- Grade Unit: %
- Intercept: 11.4 m
- From: 182.7 m
- To: 194.1 m
- Hole Depth: 223 m
- Intercept Depth: 182.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:182.7-194.1
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 267
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate lead grade for an underground vein deposit.

Evidence · table

> 1.32

Context: 11.4

#### 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 "resource"

### MLL26-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-75)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-006
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 5.43
- Grade Unit: %
- Intercept: 11.4 m
- From: 182.7 m
- To: 194.1 m
- Hole Depth: 223 m
- Intercept Depth: 182.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-006:182.7-194.1
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4094 m
- Azimuth: 75 °
- Dip: -20 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 267
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a strong zinc grade, contributing significantly to the AgEq.

- Positive factor: Strong zinc grade for an underground vein deposit.

Evidence · table

> 5.43

Context: 11.4

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-76)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 2.05 m
- From: 180.3 m
- To: 182.3 m
- Hole Depth: 238 m
- Intercept Depth: 180.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:180.3-182.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 112
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.12

Context: 2.05

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-77)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 74
- Grade Unit: g/t
- Intercept: 2.05 m
- From: 180.3 m
- To: 182.3 m
- Hole Depth: 238 m
- Intercept Depth: 180.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:180.3-182.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 112
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate for an underground vein deposit, but the AgEq value is more significant.

- Negative factor: Moderate silver grade for an underground vein deposit.

Evidence · table

> 74

Context: 2.05

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-78)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.46
- Grade Unit: %
- Intercept: 2.05 m
- From: 180.3 m
- To: 182.3 m
- Hole Depth: 238 m
- Intercept Depth: 180.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:180.3-182.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 112
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.46

Context: 2.05

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-79)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.89
- Grade Unit: %
- Intercept: 2.05 m
- From: 180.3 m
- To: 182.3 m
- Hole Depth: 238 m
- Intercept Depth: 180.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:180.3-182.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 112
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low zinc grade for an underground vein deposit.

Evidence · table

> 0.89

Context: 2.05

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-80)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.41
- Grade Unit: g/t
- Intercept: 3.85 m
- From: 188.5 m
- To: 192.4 m
- Hole Depth: 238 m
- Intercept Depth: 188.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:188.5-192.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 186
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.41

Context: 3.85

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-81)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 84
- Grade Unit: g/t
- Intercept: 3.85 m
- From: 188.5 m
- To: 192.4 m
- Hole Depth: 238 m
- Intercept Depth: 188.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:188.5-192.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 186
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate, but the AgEq value is good, indicating a valuable intercept.

Evidence · table

> 84

Context: 3.85

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-82)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.64
- Grade Unit: %
- Intercept: 3.85 m
- From: 188.5 m
- To: 192.4 m
- Hole Depth: 238 m
- Intercept Depth: 188.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:188.5-192.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 186
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.64

Context: 3.85

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-83)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.83
- Grade Unit: %
- Intercept: 3.85 m
- From: 188.5 m
- To: 192.4 m
- Hole Depth: 238 m
- Intercept Depth: 188.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:188.5-192.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 186
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 2.83

Context: 3.85

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-84)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.15
- Grade Unit: g/t
- Intercept: 12 m
- From: 192.4 m
- To: 204.4 m
- Hole Depth: 238 m
- Intercept Depth: 192.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:192.4-204.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 157
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.15

Context: 12

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-85)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 54
- Grade Unit: g/t
- Intercept: 12 m
- From: 192.4 m
- To: 204.4 m
- Hole Depth: 238 m
- Intercept Depth: 192.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:192.4-204.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 157
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate for an underground vein deposit, but the AgEq value is more significant.

- Negative factor: Moderate silver grade for an underground vein deposit.

Evidence · table

> 54

Context: 12

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-86)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.83
- Grade Unit: %
- Intercept: 12 m
- From: 192.4 m
- To: 204.4 m
- Hole Depth: 238 m
- Intercept Depth: 192.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:192.4-204.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 157
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.83

Context: 12

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-87)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.71
- Grade Unit: %
- Intercept: 12 m
- From: 192.4 m
- To: 204.4 m
- Hole Depth: 238 m
- Intercept Depth: 192.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:192.4-204.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 157
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate zinc grade for an underground vein deposit.

Evidence · table

> 2.71

Context: 12

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-88)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.14
- Grade Unit: g/t
- Intercept: 2.65 m
- From: 201.7 m
- To: 204.4 m
- Hole Depth: 238 m
- Intercept Depth: 201.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:201.7-204.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 275
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.14

Context: 2.65

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-89)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 83
- Grade Unit: g/t
- Intercept: 2.65 m
- From: 201.7 m
- To: 204.4 m
- Hole Depth: 238 m
- Intercept Depth: 201.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:201.7-204.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 275
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate, but the AgEq value is good, indicating a valuable intercept.

Evidence · table

> 83

Context: 2.65

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-90)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.35
- Grade Unit: %
- Intercept: 2.65 m
- From: 201.7 m
- To: 204.4 m
- Hole Depth: 238 m
- Intercept Depth: 201.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:201.7-204.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 275
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 2.35

Context: 2.65

#### 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 "resource"

### MLL26-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-91)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-007
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 4.48
- Grade Unit: %
- Intercept: 2.65 m
- From: 201.7 m
- To: 204.4 m
- Hole Depth: 238 m
- Intercept Depth: 201.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-007:201.7-204.4
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817531
- Elevation: 4095 m
- Azimuth: 57 °
- Dip: -11 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 275
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is good for an underground vein deposit, contributing significantly to the AgEq.

Evidence · table

> 4.48

Context: 2.65

#### 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 "resource"

### MLL26-008

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-92)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-008
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.31
- Grade Unit: g/t
- Intercept: 2.4 m
- From: 163.3 m
- To: 165.7 m
- Hole Depth: 240 m
- Intercept Depth: 163.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-008:163.3-165.7
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4095 m
- Azimuth: 80 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 140
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.31

Context: 2.4

#### 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 "resource"

### MLL26-008

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-93)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-008
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 74
- Grade Unit: g/t
- Intercept: 2.4 m
- From: 163.3 m
- To: 165.7 m
- Hole Depth: 240 m
- Intercept Depth: 163.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-008:163.3-165.7
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4095 m
- Azimuth: 80 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 140
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate for an underground vein deposit, but the AgEq value is more significant.

- Negative factor: Moderate silver grade for an underground vein deposit.

Evidence · table

> 74

Context: 2.4

#### 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 "resource"

### MLL26-008

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-94)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-008
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.75
- Grade Unit: %
- Intercept: 2.4 m
- From: 163.3 m
- To: 165.7 m
- Hole Depth: 240 m
- Intercept Depth: 163.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-008:163.3-165.7
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4095 m
- Azimuth: 80 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 140
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.75

Context: 2.4

#### 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 "resource"

### MLL26-008

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-95)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-008
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.6
- Grade Unit: %
- Intercept: 2.4 m
- From: 163.3 m
- To: 165.7 m
- Hole Depth: 240 m
- Intercept Depth: 163.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-008:163.3-165.7
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4095 m
- Azimuth: 80 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 140
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is moderate for an underground vein deposit, contributing to the overall AgEq.

- Negative factor: Moderate zinc grade for an underground vein deposit.

Evidence · table

> 1.6

Context: 2.4

#### 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 "resource"

### MLL26-008

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-96)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-008
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.03
- Grade Unit: g/t
- Intercept: 1.6 m
- From: 192.7 m
- To: 194.3 m
- Hole Depth: 240 m
- Intercept Depth: 192.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-008:192.7-194.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4095 m
- Azimuth: 80 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 91
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.03

Context: 1.6

#### 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 "resource"

### MLL26-008

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-97)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-008
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 39
- Grade Unit: g/t
- Intercept: 1.6 m
- From: 192.7 m
- To: 194.3 m
- Hole Depth: 240 m
- Intercept Depth: 192.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-008:192.7-194.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4095 m
- Azimuth: 80 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 91
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low silver grade for an underground vein deposit.

Evidence · table

> 39

Context: 1.6

#### 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 "resource"

### MLL26-008

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-98)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-008
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.51
- Grade Unit: %
- Intercept: 1.6 m
- From: 192.7 m
- To: 194.3 m
- Hole Depth: 240 m
- Intercept Depth: 192.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-008:192.7-194.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4095 m
- Azimuth: 80 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 91
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.51

Context: 1.6

#### 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 "resource"

### MLL26-008

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-99)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-008
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.32
- Grade Unit: %
- Intercept: 1.6 m
- From: 192.7 m
- To: 194.3 m
- Hole Depth: 240 m
- Intercept Depth: 192.7 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-008:192.7-194.3
- Mining Method: underground

#### Location

- Easting: 296420
- Northing: 8817530
- Elevation: 4095 m
- Azimuth: 80 °
- Dip: -14 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 91
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low zinc grade for an underground vein deposit.

Evidence · table

> 1.32

Context: 1.6

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-100)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.25
- Grade Unit: g/t
- Intercept: 4.8 m
- From: 189.4 m
- To: 194.2 m
- Hole Depth: 400 m
- Intercept Depth: 189.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:189.4-194.2
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 70
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.25

Context: 4.8

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-101)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 43
- Grade Unit: g/t
- Intercept: 4.8 m
- From: 189.4 m
- To: 194.2 m
- Hole Depth: 400 m
- Intercept Depth: 189.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:189.4-194.2
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 70
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low silver grade for an underground vein deposit.

Evidence · table

> 43

Context: 4.8

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-102)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.42
- Grade Unit: %
- Intercept: 4.8 m
- From: 189.4 m
- To: 194.2 m
- Hole Depth: 400 m
- Intercept Depth: 189.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:189.4-194.2
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 70
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.42

Context: 4.8

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-103)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.57
- Grade Unit: %
- Intercept: 4.8 m
- From: 189.4 m
- To: 194.2 m
- Hole Depth: 400 m
- Intercept Depth: 189.4 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:189.4-194.2
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 70
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low zinc grade for an underground vein deposit.

Evidence · table

> 0.57

Context: 4.8

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-104)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.57
- Grade Unit: g/t
- Intercept: 1.7 m
- From: 192.5 m
- To: 194.2 m
- Hole Depth: 400 m
- Intercept Depth: 192.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:192.5-194.2
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 132
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.57

Context: 1.7

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-105)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 75
- Grade Unit: g/t
- Intercept: 1.7 m
- From: 192.5 m
- To: 194.2 m
- Hole Depth: 400 m
- Intercept Depth: 192.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:192.5-194.2
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 132
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is moderate for an underground vein deposit, but the AgEq value is more significant.

- Negative factor: Moderate silver grade for an underground vein deposit.

Evidence · table

> 75

Context: 1.7

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-106)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.87
- Grade Unit: %
- Intercept: 1.7 m
- From: 192.5 m
- To: 194.2 m
- Hole Depth: 400 m
- Intercept Depth: 192.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:192.5-194.2
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 132
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.87

Context: 1.7

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-107)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.19
- Grade Unit: %
- Intercept: 1.7 m
- From: 192.5 m
- To: 194.2 m
- Hole Depth: 400 m
- Intercept Depth: 192.5 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:192.5-194.2
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 132
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low zinc grade for an underground vein deposit.

Evidence · table

> 1.19

Context: 1.7

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-108)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.17
- Grade Unit: g/t
- Intercept: 5.45 m
- From: 274.9 m
- To: 280.3 m
- Hole Depth: 400 m
- Intercept Depth: 274.9 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:274.9-280.3
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 87
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.17

Context: 5.45

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-109)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 45
- Grade Unit: g/t
- Intercept: 5.45 m
- From: 274.9 m
- To: 280.3 m
- Hole Depth: 400 m
- Intercept Depth: 274.9 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:274.9-280.3
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 87
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The silver grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low silver grade for an underground vein deposit.

Evidence · table

> 45

Context: 5.45

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-110)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.52
- Grade Unit: %
- Intercept: 5.45 m
- From: 274.9 m
- To: 280.3 m
- Hole Depth: 400 m
- Intercept Depth: 274.9 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:274.9-280.3
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 87
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The lead grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low lead grade for an underground vein deposit.

Evidence · table

> 0.52

Context: 5.45

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-111)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.97
- Grade Unit: %
- Intercept: 5.45 m
- From: 274.9 m
- To: 280.3 m
- Hole Depth: 400 m
- Intercept Depth: 274.9 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:274.9-280.3
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 87
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The zinc grade is low for an underground vein deposit, contributing marginally to the overall AgEq.

- Negative factor: Low zinc grade for an underground vein deposit.

Evidence · table

> 0.97

Context: 5.45

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-112)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.43
- Grade Unit: g/t
- Intercept: 4 m
- From: 280.3 m
- To: 284.3 m
- Hole Depth: 400 m
- Intercept Depth: 280.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: MLL26-009:280.3-284.3
- Mining Method: underground

#### Location

- Easting: 296321
- Northing: 8817644
- Elevation: 4099 m
- Azimuth: 52 °
- Dip: -32 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 279
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, which is not material for the project.

- Negative factor: Low gold grade.

Evidence · table

> 0.43

Context: 4

#### 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 "resource"

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-113)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 138
- Grade Unit: g/t
- Intercept: 4 m
- From: 280.3 m
- To: 284.3 m
- Intercept Depth: 280.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-009:280.3-284.3
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 279
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 138 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 552.0 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 138

Context: MLL26-009

#### 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

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-114)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.04
- Grade Unit: %
- Intercept: 4 m
- From: 280.3 m
- To: 284.3 m
- Intercept Depth: 280.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-009:280.3-284.3
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 279
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.04 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 4.2 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.04

Context: MLL26-009

#### 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

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-115)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 3.8
- Grade Unit: %
- Intercept: 4 m
- From: 280.3 m
- To: 284.3 m
- Intercept Depth: 280.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-009:280.3-284.3
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 279
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 3.8 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 15.2 %·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.8

Context: MLL26-009

#### 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

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-116)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.15
- Grade Unit: g/t
- Intercept: 2.75 m
- From: 284.3 m
- To: 287.1 m
- Intercept Depth: 284.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-009:284.3-287.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 334
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.15 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.4 g/t·m is below.

- Negative factor: 0.15 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.15

Context: MLL26-009

#### 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

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-117)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 118
- Grade Unit: g/t
- Intercept: 2.75 m
- From: 284.3 m
- To: 287.1 m
- Intercept Depth: 284.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-009:284.3-287.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 334
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 118 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 324.5 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 118

Context: MLL26-009

#### 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

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-118)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 3.33
- Grade Unit: %
- Intercept: 2.75 m
- From: 284.3 m
- To: 287.1 m
- Intercept Depth: 284.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-009:284.3-287.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 334
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 3.33 % lead is moderate against the default band \[10, 6, 3, 1\] %. Grade×width 9.2 %·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.33

Context: MLL26-009

#### 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

### MLL26-009

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-119)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-009
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 4.53
- Grade Unit: %
- Intercept: 2.75 m
- From: 284.3 m
- To: 287.1 m
- Intercept Depth: 284.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-009:284.3-287.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 334
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 4.53 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 12.5 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.53

Context: MLL26-009

#### 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

### MLL26-010

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-120)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-010
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.44
- Grade Unit: g/t
- Intercept: 5 m
- From: 288.1 m
- To: 293.1 m
- Intercept Depth: 288.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-010:288.1-293.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 398
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.44 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.2 g/t·m is below.

- Negative factor: 0.44 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.44

Context: MLL26-010

#### 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

### MLL26-010

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-121)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-010
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 255
- Grade Unit: g/t
- Intercept: 5 m
- From: 288.1 m
- To: 293.1 m
- Intercept Depth: 288.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-010:288.1-293.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 398
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 255 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 1275.0 g/t·m is moderate \(grade alone is strong; the better of the two is used\).

- Positive factor: 255 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 255

Context: MLL26-010

#### 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

### MLL26-010

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-122)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-010
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 3.02
- Grade Unit: %
- Intercept: 5 m
- From: 288.1 m
- To: 293.1 m
- Intercept Depth: 288.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-010:288.1-293.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 398
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 3.02 % lead is moderate against the default band \[10, 6, 3, 1\] %. Grade×width 15.1 %·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.02

Context: MLL26-010

#### 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

### MLL26-010

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-123)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-010
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.39
- Grade Unit: %
- Intercept: 5 m
- From: 288.1 m
- To: 293.1 m
- Intercept Depth: 288.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-010:288.1-293.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 398
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 2.39 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 12.0 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.39

Context: MLL26-010

#### 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

### MLL26-010

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-124)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-010
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.54
- Grade Unit: g/t
- Intercept: 3.4 m
- From: 288.7 m
- To: 292.1 m
- Intercept Depth: 288.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-010:288.7-292.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 495
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.54 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.8 g/t·m is below.

- Negative factor: 0.54 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.54

Context: MLL26-010

#### 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

### MLL26-010

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-125)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-010
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 290
- Grade Unit: g/t
- Intercept: 3.4 m
- From: 288.7 m
- To: 292.1 m
- Intercept Depth: 288.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-010:288.7-292.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 495
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 290 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 986.0 g/t·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 290 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 290

Context: MLL26-010

#### 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

### MLL26-010

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-126)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-010
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 4.33
- Grade Unit: %
- Intercept: 3.4 m
- From: 288.7 m
- To: 292.1 m
- Intercept Depth: 288.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-010:288.7-292.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 495
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 4.33 % lead is moderate against the default band \[10, 6, 3, 1\] %. Grade×width 14.7 %·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.33

Context: MLL26-010

#### 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

### MLL26-010

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-127)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-010
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 3.43
- Grade Unit: %
- Intercept: 3.4 m
- From: 288.7 m
- To: 292.1 m
- Intercept Depth: 288.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-010:288.7-292.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 495
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 3.43 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 11.7 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.43

Context: MLL26-010

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-128)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.16
- Grade Unit: g/t
- Intercept: 4.3 m
- From: 100.2 m
- To: 104.5 m
- Intercept Depth: 100.2 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:100.2-104.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 84
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.16 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.7 g/t·m is below.

- Negative factor: 0.16 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.16

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-129)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 47
- Grade Unit: g/t
- Intercept: 4.3 m
- From: 100.2 m
- To: 104.5 m
- Intercept Depth: 100.2 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:100.2-104.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 84
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 47 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 202.1 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 47

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-130)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.99
- Grade Unit: %
- Intercept: 4.3 m
- From: 100.2 m
- To: 104.5 m
- Intercept Depth: 100.2 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:100.2-104.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 84
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.99 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 4.3 %·m is below.

- Negative factor: 0.99 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.99

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-131)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.47
- Grade Unit: %
- Intercept: 4.3 m
- From: 100.2 m
- To: 104.5 m
- Intercept Depth: 100.2 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:100.2-104.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 84
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.47 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 2.0 %·m is below.

- Negative factor: 0.47 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.47

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-132)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.63
- Grade Unit: g/t
- Intercept: 1 m
- From: 103.5 m
- To: 104.5 m
- Intercept Depth: 103.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:103.5-104.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 137
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.63 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.6 g/t·m is below.

- Negative factor: 0.63 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.63

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-133)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 92
- Grade Unit: g/t
- Intercept: 1 m
- From: 103.5 m
- To: 104.5 m
- Intercept Depth: 103.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:103.5-104.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 137
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 92 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 92.0 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 92

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-134)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.91
- Grade Unit: %
- Intercept: 1 m
- From: 103.5 m
- To: 104.5 m
- Intercept Depth: 103.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:103.5-104.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 137
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.91 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 1.9 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.91

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-135)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.05
- Grade Unit: %
- Intercept: 1 m
- From: 103.5 m
- To: 104.5 m
- Intercept Depth: 103.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:103.5-104.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 137
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.05 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.1 %·m is below.

- Negative factor: 0.05 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.05

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-136)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.25
- Grade Unit: g/t
- Intercept: 0.85 m
- From: 219.5 m
- To: 220.35 m
- Intercept Depth: 219.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:219.5-220.35
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 262
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.25 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.2 g/t·m is below.

- Negative factor: 0.25 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.25

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-137)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 111
- Grade Unit: g/t
- Intercept: 0.85 m
- From: 219.5 m
- To: 220.35 m
- Intercept Depth: 219.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:219.5-220.35
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 262
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 111 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 94.3 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 111

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-138)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.61
- Grade Unit: %
- Intercept: 0.85 m
- From: 219.5 m
- To: 220.35 m
- Intercept Depth: 219.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:219.5-220.35
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 262
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 2.61 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 2.2 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.61

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-139)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.95
- Grade Unit: %
- Intercept: 0.85 m
- From: 219.5 m
- To: 220.35 m
- Intercept Depth: 219.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:219.5-220.35
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 262
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 2.95 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 2.5 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.95

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-140)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.24
- Grade Unit: g/t
- Intercept: 1.85 m
- From: 284.6 m
- To: 286.45 m
- Intercept Depth: 284.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:284.6-286.45
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 166
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.24 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.4 g/t·m is below.

- Negative factor: 0.24 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.24

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-141)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 114
- Grade Unit: g/t
- Intercept: 1.85 m
- From: 284.6 m
- To: 286.45 m
- Intercept Depth: 284.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:284.6-286.45
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 166
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 114 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 210.9 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 114

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-142)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.23
- Grade Unit: %
- Intercept: 1.85 m
- From: 284.6 m
- To: 286.45 m
- Intercept Depth: 284.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:284.6-286.45
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 166
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.23 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 2.3 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.23

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-143)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.78
- Grade Unit: %
- Intercept: 1.85 m
- From: 284.6 m
- To: 286.45 m
- Intercept Depth: 284.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:284.6-286.45
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 166
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.78 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.4 %·m is below.

- Negative factor: 0.78 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.78

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-144)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.38
- Grade Unit: g/t
- Intercept: 1 m
- From: 284.6 m
- To: 285.6 m
- Intercept Depth: 284.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:284.6-285.6
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 287
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.38 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.4 g/t·m is below.

- Negative factor: 0.38 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.38

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-145)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 197
- Grade Unit: g/t
- Intercept: 1 m
- From: 284.6 m
- To: 285.6 m
- Intercept Depth: 284.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:284.6-285.6
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 287
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 197 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 197.0 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 197

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-146)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.19
- Grade Unit: %
- Intercept: 1 m
- From: 284.6 m
- To: 285.6 m
- Intercept Depth: 284.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:284.6-285.6
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 287
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 2.19 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 2.2 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.19

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-147)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.29
- Grade Unit: %
- Intercept: 1 m
- From: 284.6 m
- To: 285.6 m
- Intercept Depth: 284.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:284.6-285.6
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 287
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.29 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.3 %·m is below.

- Negative factor: 1.29 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.29

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-148)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.06
- Grade Unit: g/t
- Intercept: 5 m
- From: 288.3 m
- To: 293.3 m
- Intercept Depth: 288.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:288.3-293.3
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 102
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.06 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.3 g/t·m is below.

- Negative factor: 0.06 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.06

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-149)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 95
- Grade Unit: g/t
- Intercept: 5 m
- From: 288.3 m
- To: 293.3 m
- Intercept Depth: 288.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:288.3-293.3
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 102
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 95 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 475.0 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 95

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-150)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.22
- Grade Unit: %
- Intercept: 5 m
- From: 288.3 m
- To: 293.3 m
- Intercept Depth: 288.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:288.3-293.3
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 102
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.22 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 1.1 %·m is below.

- Negative factor: 0.22 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.22

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-151)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.08
- Grade Unit: %
- Intercept: 5 m
- From: 288.3 m
- To: 293.3 m
- Intercept Depth: 288.3 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:288.3-293.3
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 102
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.08 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.4 %·m is below.

- Negative factor: 0.08 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.08

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-152)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.06
- Grade Unit: g/t
- Intercept: 1.9 m
- From: 291.4 m
- To: 293.3 m
- Intercept Depth: 291.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:291.4-293.3
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 201
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.06 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.1 g/t·m is below.

- Negative factor: 0.06 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.06

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-153)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 188
- Grade Unit: g/t
- Intercept: 1.9 m
- From: 291.4 m
- To: 293.3 m
- Intercept Depth: 291.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:291.4-293.3
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 201
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 188 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 357.2 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 188

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-154)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.39
- Grade Unit: %
- Intercept: 1.9 m
- From: 291.4 m
- To: 293.3 m
- Intercept Depth: 291.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:291.4-293.3
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 201
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.39 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.7 %·m is below.

- Negative factor: 0.39 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.39

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-155)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.13
- Grade Unit: %
- Intercept: 1.9 m
- From: 291.4 m
- To: 293.3 m
- Intercept Depth: 291.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:291.4-293.3
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 201
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.13 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.2 %·m is below.

- Negative factor: 0.13 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.13

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-156)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 301.6 m
- To: 302.5 m
- Intercept Depth: 301.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:301.6-302.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 216
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.3 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.3 g/t·m is below.

- Negative factor: 0.3 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.30

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-157)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 187
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 301.6 m
- To: 302.5 m
- Intercept Depth: 301.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:301.6-302.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 216
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 187 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 168.3 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 187

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-158)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.09
- Grade Unit: %
- Intercept: 0.9 m
- From: 301.6 m
- To: 302.5 m
- Intercept Depth: 301.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:301.6-302.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 216
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.09 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 1.0 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.09

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-159)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.14
- Grade Unit: %
- Intercept: 0.9 m
- From: 301.6 m
- To: 302.5 m
- Intercept Depth: 301.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:301.6-302.5
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 216
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.14 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.1 %·m is below.

- Negative factor: 0.14 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.14

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-160)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 11.1 m
- From: 305.7 m
- To: 316.8 m
- Intercept Depth: 305.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:305.7-316.8
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 115
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.11 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.2 g/t·m is below.

- Negative factor: 0.11 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.11

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-161)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 85
- Grade Unit: g/t
- Intercept: 11.1 m
- From: 305.7 m
- To: 316.8 m
- Intercept Depth: 305.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:305.7-316.8
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 115
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 85 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 943.5 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 85

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-162)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.65
- Grade Unit: %
- Intercept: 11.1 m
- From: 305.7 m
- To: 316.8 m
- Intercept Depth: 305.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:305.7-316.8
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 115
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.65 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 7.2 %·m is below.

- Negative factor: 0.65 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.65

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-163)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.47
- Grade Unit: %
- Intercept: 11.1 m
- From: 305.7 m
- To: 316.8 m
- Intercept Depth: 305.7 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:305.7-316.8
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 115
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.47 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 5.2 %·m is below.

- Negative factor: 0.47 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.47

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-164)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.86
- Grade Unit: g/t
- Intercept: 2.3 m
- From: 307.65 m
- To: 309.95 m
- Intercept Depth: 307.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:307.65-309.95
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 314
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.86 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.0 g/t·m is below.

- Negative factor: 0.86 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.86

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-165)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 248
- Grade Unit: g/t
- Intercept: 2.3 m
- From: 307.65 m
- To: 309.95 m
- Intercept Depth: 307.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:307.65-309.95
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 314
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 248 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 570.4 g/t·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 248 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 248

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-166)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.74
- Grade Unit: %
- Intercept: 2.3 m
- From: 307.65 m
- To: 309.95 m
- Intercept Depth: 307.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:307.65-309.95
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 314
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.74 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 4.0 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.74

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-167)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.86
- Grade Unit: %
- Intercept: 2.3 m
- From: 307.65 m
- To: 309.95 m
- Intercept Depth: 307.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:307.65-309.95
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 314
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.86 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 2.0 %·m is below.

- Negative factor: 0.86 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.86

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-168)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.27
- Grade Unit: g/t
- Intercept: 3.8 m
- From: 311.4 m
- To: 315.2 m
- Intercept Depth: 311.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:311.4-315.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 105
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.27 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.0 g/t·m is below.

- Negative factor: 0.27 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.27

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-169)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 72
- Grade Unit: g/t
- Intercept: 3.8 m
- From: 311.4 m
- To: 315.2 m
- Intercept Depth: 311.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:311.4-315.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 105
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 72 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 273.6 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 72

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-170)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.61
- Grade Unit: %
- Intercept: 3.8 m
- From: 311.4 m
- To: 315.2 m
- Intercept Depth: 311.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:311.4-315.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 105
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.61 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 2.3 %·m is below.

- Negative factor: 0.61 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.61

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-171)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.61
- Grade Unit: %
- Intercept: 3.8 m
- From: 311.4 m
- To: 315.2 m
- Intercept Depth: 311.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:311.4-315.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 105
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.61 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 2.3 %·m is below.

- Negative factor: 0.61 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.61

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-172)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.33
- Grade Unit: g/t
- Intercept: 1.45 m
- From: 353.4 m
- To: 354.85 m
- Intercept Depth: 353.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:353.4-354.85
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 248
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.33 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.5 g/t·m is below.

- Negative factor: 0.33 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.33

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-173)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 192
- Grade Unit: g/t
- Intercept: 1.45 m
- From: 353.4 m
- To: 354.85 m
- Intercept Depth: 353.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:353.4-354.85
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 248
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 192 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 278.4 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 192

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-174)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.32
- Grade Unit: %
- Intercept: 1.45 m
- From: 353.4 m
- To: 354.85 m
- Intercept Depth: 353.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:353.4-354.85
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 248
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.32 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 1.9 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.32

Context: MLL26-011

#### 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

### MLL26-011

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-175)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-011
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.82
- Grade Unit: %
- Intercept: 1.45 m
- From: 353.4 m
- To: 354.85 m
- Intercept Depth: 353.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-011:353.4-354.85
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 248
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.82 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.2 %·m is below.

- Negative factor: 0.82 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.82

Context: MLL26-011

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-176)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.42
- Grade Unit: g/t
- Intercept: 10.8 m
- From: 194.1 m
- To: 204.9 m
- Intercept Depth: 194.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:194.1-204.9
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 136
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.42 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 4.5 g/t·m is below.

- Negative factor: 0.42 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.42

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-177)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 77
- Grade Unit: g/t
- Intercept: 10.8 m
- From: 194.1 m
- To: 204.9 m
- Intercept Depth: 194.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:194.1-204.9
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 136
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 77 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 831.6 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 77

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-178)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.67
- Grade Unit: %
- Intercept: 10.8 m
- From: 194.1 m
- To: 204.9 m
- Intercept Depth: 194.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:194.1-204.9
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 136
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.67 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 7.2 %·m is below.

- Negative factor: 0.67 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.67

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-179)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.43
- Grade Unit: %
- Intercept: 10.8 m
- From: 194.1 m
- To: 204.9 m
- Intercept Depth: 194.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:194.1-204.9
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 136
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.43 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 15.4 %·m is weak \(grade alone is below; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.43

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-180)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.4
- Grade Unit: g/t
- Intercept: 1.05 m
- From: 194.1 m
- To: 195.15 m
- Intercept Depth: 194.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:194.1-195.15
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 156
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.4 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.4 g/t·m is below.

- Negative factor: 0.4 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.40

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-181)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 118
- Grade Unit: g/t
- Intercept: 1.05 m
- From: 194.1 m
- To: 195.15 m
- Intercept Depth: 194.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:194.1-195.15
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 156
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 118 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 123.9 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 118

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-182)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.7
- Grade Unit: %
- Intercept: 1.05 m
- From: 194.1 m
- To: 195.15 m
- Intercept Depth: 194.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:194.1-195.15
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 156
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.7 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.7 %·m is below.

- Negative factor: 0.7 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.70

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-183)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.72
- Grade Unit: %
- Intercept: 1.05 m
- From: 194.1 m
- To: 195.15 m
- Intercept Depth: 194.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:194.1-195.15
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 156
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.72 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.8 %·m is below.

- Negative factor: 0.72 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.72

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-184)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.59
- Grade Unit: g/t
- Intercept: 3.7 m
- From: 196.65 m
- To: 200.35 m
- Intercept Depth: 196.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:196.65-200.35
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 213
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.59 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.2 g/t·m is below.

- Negative factor: 0.59 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.59

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-185)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 90
- Grade Unit: g/t
- Intercept: 3.7 m
- From: 196.65 m
- To: 200.35 m
- Intercept Depth: 196.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:196.65-200.35
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 213
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 90 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 333.0 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 90

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-186)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.96
- Grade Unit: %
- Intercept: 3.7 m
- From: 196.65 m
- To: 200.35 m
- Intercept Depth: 196.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:196.65-200.35
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 213
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.96 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 3.6 %·m is below.

- Negative factor: 0.96 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.96

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-187)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 3.29
- Grade Unit: %
- Intercept: 3.7 m
- From: 196.65 m
- To: 200.35 m
- Intercept Depth: 196.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:196.65-200.35
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 213
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 3.29 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 12.2 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.29

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-188)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.35
- Grade Unit: g/t
- Intercept: 1.1 m
- From: 203 m
- To: 204.1 m
- Intercept Depth: 203 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:203-204.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 332
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.35 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.5 g/t·m is below.

- Negative factor: 1.35 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.35

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-189)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 244
- Grade Unit: g/t
- Intercept: 1.1 m
- From: 203 m
- To: 204.1 m
- Intercept Depth: 203 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:203-204.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 332
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 244 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 268.4 g/t·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 244 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 244

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-190)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.9
- Grade Unit: %
- Intercept: 1.1 m
- From: 203 m
- To: 204.1 m
- Intercept Depth: 203 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:203-204.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 332
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.9 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 2.1 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.90

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-191)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.44
- Grade Unit: %
- Intercept: 1.1 m
- From: 203 m
- To: 204.1 m
- Intercept Depth: 203 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:203-204.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 332
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.44 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.6 %·m is below.

- Negative factor: 1.44 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.44

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-192)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 285.15 m
- To: 286.05 m
- Intercept Depth: 285.15 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:285.15-286.05
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 598
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.5 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.5 g/t·m is below.

- Negative factor: 0.5 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.50

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-193)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 428
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 285.15 m
- To: 286.05 m
- Intercept Depth: 285.15 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:285.15-286.05
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 598
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 428 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 385.2 g/t·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 428 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 428

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-194)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.46
- Grade Unit: %
- Intercept: 0.9 m
- From: 285.15 m
- To: 286.05 m
- Intercept Depth: 285.15 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:285.15-286.05
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 598
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 2.46 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 2.2 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.46

Context: MLL26-013

#### 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

### MLL26-013

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-195)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-013
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 3.7
- Grade Unit: %
- Intercept: 0.9 m
- From: 285.15 m
- To: 286.05 m
- Intercept Depth: 285.15 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-013:285.15-286.05
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 598
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 3.7 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 3.3 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.70

Context: MLL26-013

#### 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

### MLL26-012

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-196)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-012
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.14
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 59.6 m
- To: 60.2 m
- Intercept Depth: 59.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-012:59.6-60.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 118
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.14 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.1 g/t·m is below.

- Negative factor: 0.14 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.14

Context: MLL26-012

#### 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

### MLL26-012

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-197)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-012
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 113
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 59.6 m
- To: 60.2 m
- Intercept Depth: 59.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-012:59.6-60.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 118
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 113 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 67.8 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 113

Context: MLL26-012

#### 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

### MLL26-012

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-198)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-012
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.09
- Grade Unit: %
- Intercept: 0.6 m
- From: 59.6 m
- To: 60.2 m
- Intercept Depth: 59.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-012:59.6-60.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 118
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.09 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.1 %·m is below.

- Negative factor: 0.09 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.09

Context: MLL26-012

#### 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

### MLL26-012

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-199)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-012
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 0.6 m
- From: 59.6 m
- To: 60.2 m
- Intercept Depth: 59.6 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-012:59.6-60.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 118
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.1 %·m is below.

- Negative factor: 0.1 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.10

Context: MLL26-012

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-200)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.03
- Grade Unit: g/t
- Intercept: 3.75 m
- From: 213.45 m
- To: 217.2 m
- Intercept Depth: 213.45 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:213.45-217.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 148
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.03 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.1 g/t·m is below.

- Negative factor: 0.03 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.03

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-201)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 67
- Grade Unit: g/t
- Intercept: 3.75 m
- From: 213.45 m
- To: 217.2 m
- Intercept Depth: 213.45 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:213.45-217.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 148
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 67 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 251.3 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 67

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-202)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.19
- Grade Unit: %
- Intercept: 3.75 m
- From: 213.45 m
- To: 217.2 m
- Intercept Depth: 213.45 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:213.45-217.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 148
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.19 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 4.5 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.19

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-203)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.76
- Grade Unit: %
- Intercept: 3.75 m
- From: 213.45 m
- To: 217.2 m
- Intercept Depth: 213.45 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:213.45-217.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 148
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.76 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 6.6 %·m is below.

- Negative factor: 1.76 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.76

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-204)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.02
- Grade Unit: g/t
- Intercept: 2.35 m
- From: 213.45 m
- To: 215.8 m
- Intercept Depth: 213.45 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:213.45-215.8
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 217
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.0 g/t·m is below.

- Negative factor: 0.02 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.02

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-205)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 99
- Grade Unit: g/t
- Intercept: 2.35 m
- From: 213.45 m
- To: 215.8 m
- Intercept Depth: 213.45 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:213.45-215.8
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 217
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 99 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 232.7 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 99

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-206)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.73
- Grade Unit: %
- Intercept: 2.35 m
- From: 213.45 m
- To: 215.8 m
- Intercept Depth: 213.45 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:213.45-215.8
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 217
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.73 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 4.1 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.73

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-207)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.56
- Grade Unit: %
- Intercept: 2.35 m
- From: 213.45 m
- To: 215.8 m
- Intercept Depth: 213.45 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:213.45-215.8
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 217
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 2.56 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 6.0 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.56

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-208)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.05
- Grade Unit: g/t
- Intercept: 6.6 m
- From: 235.5 m
- To: 242.1 m
- Intercept Depth: 235.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:235.5-242.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 45
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.05 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.3 g/t·m is below.

- Negative factor: 0.05 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.05

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-209)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 34
- Grade Unit: g/t
- Intercept: 6.6 m
- From: 235.5 m
- To: 242.1 m
- Intercept Depth: 235.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:235.5-242.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 45
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 34 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 224.4 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 34

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-210)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.18
- Grade Unit: %
- Intercept: 6.6 m
- From: 235.5 m
- To: 242.1 m
- Intercept Depth: 235.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:235.5-242.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 45
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.18 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 1.2 %·m is below.

- Negative factor: 0.18 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.18

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-211)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.23
- Grade Unit: %
- Intercept: 6.6 m
- From: 235.5 m
- To: 242.1 m
- Intercept Depth: 235.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:235.5-242.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 45
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.23 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.5 %·m is below.

- Negative factor: 0.23 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.23

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-212)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.07
- Grade Unit: g/t
- Intercept: 1.6 m
- From: 236.35 m
- To: 237.95 m
- Intercept Depth: 236.35 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:236.35-237.95
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 70
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.07 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.1 g/t·m is below.

- Negative factor: 0.07 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.07

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-213)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 59
- Grade Unit: g/t
- Intercept: 1.6 m
- From: 236.35 m
- To: 237.95 m
- Intercept Depth: 236.35 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:236.35-237.95
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 70
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 59 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 94.4 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 59

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-214)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.25
- Grade Unit: %
- Intercept: 1.6 m
- From: 236.35 m
- To: 237.95 m
- Intercept Depth: 236.35 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:236.35-237.95
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 70
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.25 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.4 %·m is below.

- Negative factor: 0.25 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.25

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-215)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.17
- Grade Unit: %
- Intercept: 1.6 m
- From: 236.35 m
- To: 237.95 m
- Intercept Depth: 236.35 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:236.35-237.95
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 70
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.17 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.3 %·m is below.

- Negative factor: 0.17 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.17

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-216)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.05
- Grade Unit: g/t
- Intercept: 1.6 m
- From: 240.5 m
- To: 242.1 m
- Intercept Depth: 240.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:240.5-242.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 64
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.05 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.1 g/t·m is below.

- Negative factor: 0.05 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.05

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-217)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 37
- Grade Unit: g/t
- Intercept: 1.6 m
- From: 240.5 m
- To: 242.1 m
- Intercept Depth: 240.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:240.5-242.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 64
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 37 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 59.2 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 37

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-218)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.35
- Grade Unit: %
- Intercept: 1.6 m
- From: 240.5 m
- To: 242.1 m
- Intercept Depth: 240.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:240.5-242.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 64
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.35 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.6 %·m is below.

- Negative factor: 0.35 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.35

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-219)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.62
- Grade Unit: %
- Intercept: 1.6 m
- From: 240.5 m
- To: 242.1 m
- Intercept Depth: 240.5 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:240.5-242.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 64
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.62 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.0 %·m is below.

- Negative factor: 0.62 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.62

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-220)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.18
- Grade Unit: g/t
- Intercept: 4.75 m
- From: 254.95 m
- To: 259.7 m
- Intercept Depth: 254.95 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:254.95-259.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 141
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.18 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.9 g/t·m is below.

- Negative factor: 0.18 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.18

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-221)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 69
- Grade Unit: g/t
- Intercept: 4.75 m
- From: 254.95 m
- To: 259.7 m
- Intercept Depth: 254.95 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:254.95-259.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 141
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 69 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 327.8 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 69

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-222)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.09
- Grade Unit: %
- Intercept: 4.75 m
- From: 254.95 m
- To: 259.7 m
- Intercept Depth: 254.95 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:254.95-259.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 141
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.09 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 5.2 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.09

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-223)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.51
- Grade Unit: %
- Intercept: 4.75 m
- From: 254.95 m
- To: 259.7 m
- Intercept Depth: 254.95 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:254.95-259.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 141
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.51 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 7.2 %·m is below.

- Negative factor: 1.51 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.51

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-224)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 3.15 m
- From: 254.95 m
- To: 258.1 m
- Intercept Depth: 254.95 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:254.95-258.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 136
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.11 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.3 g/t·m is below.

- Negative factor: 0.11 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.11

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-225)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 82
- Grade Unit: g/t
- Intercept: 3.15 m
- From: 254.95 m
- To: 258.1 m
- Intercept Depth: 254.95 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:254.95-258.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 136
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 82 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 258.3 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 82

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-226)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.07
- Grade Unit: %
- Intercept: 3.15 m
- From: 254.95 m
- To: 258.1 m
- Intercept Depth: 254.95 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:254.95-258.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 136
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.07 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 3.4 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.07

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-227)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.96
- Grade Unit: %
- Intercept: 3.15 m
- From: 254.95 m
- To: 258.1 m
- Intercept Depth: 254.95 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:254.95-258.1
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 136
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.96 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 3.0 %·m is below.

- Negative factor: 0.96 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.96

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-228)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.22
- Grade Unit: g/t
- Intercept: 1.6 m
- From: 258.1 m
- To: 259.7 m
- Intercept Depth: 258.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:258.1-259.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 151
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.22 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.4 g/t·m is below.

- Negative factor: 0.22 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.22

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-229)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 45
- Grade Unit: g/t
- Intercept: 1.6 m
- From: 258.1 m
- To: 259.7 m
- Intercept Depth: 258.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:258.1-259.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 151
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 45 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 72.0 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 45

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-230)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.13
- Grade Unit: %
- Intercept: 1.6 m
- From: 258.1 m
- To: 259.7 m
- Intercept Depth: 258.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:258.1-259.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 151
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.13 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 1.8 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.13

Context: MLL26-014

#### 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

### MLL26-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-231)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-014
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.58
- Grade Unit: %
- Intercept: 1.6 m
- From: 258.1 m
- To: 259.7 m
- Intercept Depth: 258.1 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-014:258.1-259.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 151
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 2.58 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 4.1 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.58

Context: MLL26-014

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-232)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.02
- Grade Unit: g/t
- Intercept: 2.7 m
- From: 182 m
- To: 184.7 m
- Intercept Depth: 182 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:182-184.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 203
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.02 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.1 g/t·m is below.

- Negative factor: 0.02 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.02

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-233)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 28
- Grade Unit: g/t
- Intercept: 2.7 m
- From: 182 m
- To: 184.7 m
- Intercept Depth: 182 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:182-184.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 203
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 28 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 75.6 g/t·m is below.

- Negative factor: 28 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 28

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-234)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.81
- Grade Unit: %
- Intercept: 2.7 m
- From: 182 m
- To: 184.7 m
- Intercept Depth: 182 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:182-184.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 203
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.81 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 2.2 %·m is below.

- Negative factor: 0.81 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.81

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-235)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 5.08
- Grade Unit: %
- Intercept: 2.7 m
- From: 182 m
- To: 184.7 m
- Intercept Depth: 182 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:182-184.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 203
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 5.08 % zinc is moderate against the default band \[18, 10, 5, 2\] %. Grade×width 13.7 %·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 5.08

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-236)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.19
- Grade Unit: g/t
- Intercept: 11.7 m
- From: 211 m
- To: 222.7 m
- Intercept Depth: 211 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:211-222.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 166
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.19 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.2 g/t·m is below.

- Negative factor: 0.19 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.19

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-237)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 65
- Grade Unit: g/t
- Intercept: 11.7 m
- From: 211 m
- To: 222.7 m
- Intercept Depth: 211 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:211-222.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 166
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 65 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 760.5 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 65

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-238)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.85
- Grade Unit: %
- Intercept: 11.7 m
- From: 211 m
- To: 222.7 m
- Intercept Depth: 211 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:211-222.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 166
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.85 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 9.9 %·m is below.

- Negative factor: 0.85 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.85

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-239)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 2.66
- Grade Unit: %
- Intercept: 11.7 m
- From: 211 m
- To: 222.7 m
- Intercept Depth: 211 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:211-222.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 166
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 2.66 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 31.1 %·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.66

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-240)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 7.4 m
- From: 211 m
- To: 218.4 m
- Intercept Depth: 211 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:211-218.4
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 66
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.7 g/t·m is below.

- Negative factor: 0.1 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.10

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-241)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 23
- Grade Unit: g/t
- Intercept: 7.4 m
- From: 211 m
- To: 218.4 m
- Intercept Depth: 211 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:211-218.4
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 66
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 23 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 170.2 g/t·m is below.

- Negative factor: 23 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 23

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-242)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.34
- Grade Unit: %
- Intercept: 7.4 m
- From: 211 m
- To: 218.4 m
- Intercept Depth: 211 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:211-218.4
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 66
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.34 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 2.5 %·m is below.

- Negative factor: 0.34 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.34

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-243)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.17
- Grade Unit: %
- Intercept: 7.4 m
- From: 211 m
- To: 218.4 m
- Intercept Depth: 211 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:211-218.4
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 66
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.17 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 8.7 %·m is below.

- Negative factor: 1.17 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.17

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-244)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.35
- Grade Unit: g/t
- Intercept: 4.3 m
- From: 218.4 m
- To: 222.7 m
- Intercept Depth: 218.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:218.4-222.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 337
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.35 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.5 g/t·m is below.

- Negative factor: 0.35 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.35

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-245)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 137
- Grade Unit: g/t
- Intercept: 4.3 m
- From: 218.4 m
- To: 222.7 m
- Intercept Depth: 218.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:218.4-222.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 337
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 137 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 589.1 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 137

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-246)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 1.72
- Grade Unit: %
- Intercept: 4.3 m
- From: 218.4 m
- To: 222.7 m
- Intercept Depth: 218.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:218.4-222.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 337
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.72 % lead is weak against the default band \[10, 6, 3, 1\] %. Grade×width 7.4 %·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.72

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-247)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 5.22
- Grade Unit: %
- Intercept: 4.3 m
- From: 218.4 m
- To: 222.7 m
- Intercept Depth: 218.4 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:218.4-222.7
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 337
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 5.22 % zinc is moderate against the default band \[18, 10, 5, 2\] %. Grade×width 22.4 %·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 5.22

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-248)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.34
- Grade Unit: g/t
- Intercept: 1.55 m
- From: 241.65 m
- To: 243.2 m
- Intercept Depth: 241.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:241.65-243.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 154
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.34 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.5 g/t·m is below.

- Negative factor: 0.34 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.34

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-249)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 105
- Grade Unit: g/t
- Intercept: 1.55 m
- From: 241.65 m
- To: 243.2 m
- Intercept Depth: 241.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:241.65-243.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 154
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 105 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 162.8 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 105

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-250)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.82
- Grade Unit: %
- Intercept: 1.55 m
- From: 241.65 m
- To: 243.2 m
- Intercept Depth: 241.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:241.65-243.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 154
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.82 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 1.3 %·m is below.

- Negative factor: 0.82 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.82

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-251)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.98
- Grade Unit: %
- Intercept: 1.55 m
- From: 241.65 m
- To: 243.2 m
- Intercept Depth: 241.65 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:241.65-243.2
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 154
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.98 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.5 %·m is below.

- Negative factor: 0.98 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.98

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-252)

Mallay mine · gold

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: gold
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 0.06
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 274.2 m
- To: 274.9 m
- Intercept Depth: 274.2 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:274.2-274.9
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 398
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.06 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.0 g/t·m is below.

- Negative factor: 0.06 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.06

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-253)

Mallay mine · silver

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: silver
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 76
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 274.2 m
- To: 274.9 m
- Intercept Depth: 274.2 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:274.2-274.9
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 398
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 76 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 53.2 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 76

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-254)

Mallay mine · lead

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: lead
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 4.58
- Grade Unit: %
- Intercept: 0.7 m
- From: 274.2 m
- To: 274.9 m
- Intercept Depth: 274.2 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:274.2-274.9
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 398
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 4.58 % lead is moderate against the default band \[10, 6, 3, 1\] %. Grade×width 3.2 %·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.58

Context: MLL26-015

#### 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

### MLL26-015

[Link to this fact](https://atlas-extractions.minestarters.com/news/excellon-drilling-confirms-grade-and-width-below-the-4090-level-at-mallay-silver--576bd4b4-f444-4b09-83a5-38ce5b9fab58#fact-drill-facts-255)

Mallay mine · zinc

#### Identity

- Hole ID: MLL26-015
- Project: Mallay mine
- Commodity: zinc
- Region: peru
- Reported Region: peru
- Ticker: EXN.TO

#### Geometry

- Grade: 7.06
- Grade Unit: %
- Intercept: 0.7 m
- From: 274.2 m
- To: 274.9 m
- Intercept Depth: 274.2 m

#### Classification

- Deposit Type: other
- Sample Type: drill
- Group ID: MLL26-015:274.2-274.9
- Mining Method: underground

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Metal Eq. Grade: 398
- Metal Eq. Unit: g/t AgEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 7.06 % zinc is moderate against the default band \[18, 10, 5, 2\] %. Grade×width 4.9 %·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 7.06

Context: MLL26-015

#### 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

## 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.
