Latin Metals Reports High-Grade Gold & Silver Intercepts and Confirms Large Epithermal System at Cerro Bayo, Argentina

Original announcement by tmx on

Company
Latin Metals Inc.
Ticker
LMS
Exchange
TSX
Region
Santa Cruz Province, Argentina
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results
Extracted
2026-09-12 10:40:51 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Latin Metals Inc. reported high-grade gold and silver drill intercepts from its initial 1,850-meter program at the Cerro Bayo Project in Argentina, confirming a large low-sulphidation epithermal system. Highlights include 8.83 g/t gold and 739.53 g/t silver, with broad near-surface silver mineralization indicating bulk-tonnage potential. The results validate the district-scale geological model and enhance confidence in the project's discovery potential, with the work fully funded by a partner.

Reasoning: The initial drill program at Cerro Bayo yielded high-grade gold and silver intercepts, confirming a large, fertile low-sulphidation epithermal system with significant district-scale potential and near-surface bulk-tonnage targets. The results are highly novel as this is the first systematic drill campaign.

Positive factors

  • High-grade gold and silver intercepts
  • Confirmation of large epithermal system
  • Broad near-surface silver mineralization
  • District-scale potential validated
  • Fully funded by partner

Negative factors

  • True widths not known at this early stage
  • Cut-off grade for compositing not disclosed

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

Facts used in scoring: 84

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The intercept in hole CBD26-005 from 86.4m to 88.2m returned 739.53 g/t silver, which is well above the exceptional threshold for silver in epithermal systems.

Evidence · table

“739.53”

Context: 1.8

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document explicitly states that 'true widths are not known at this time due to the early stage of the exploration at Cerro Bayo'.

Evidence · text

“true widths are not known at this time due to the early stage of the exploration at Cerro Bayo”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release mentions that 'Eduardo Leon, QP, is the Company's qualified person as defined by NI 43-101 and has reviewed the scientific and technical information'.

Evidence · text

“Eduardo Leon, QP, is the Company's qualified person as defined by NI 43-101 and has reviewed the scientific and technical information”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling successfully intersected mineralization across multiple target areas, suggesting the company is 'vectoring into a well-developed hydrothermal system, significantly enhancing our confidence in the broader discovery potential at Cerro Bayo'.

Evidence · text

“the scale and continuity of mineralization encountered suggest we are vectoring into a well-developed hydrothermal system, significantly enhancing our confidence in the broader discovery potential at Cerro Bayo”

NI 43-101 Compliantpositive · Story-specific tag

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The Qualified Person is stated to be 'as defined by NI 43-101'.

Evidence · text

“Eduardo Leon, QP, is the Company's qualified person as defined by NI 43-101”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The document does not state the cut-off grade used for compositing the reported intervals.

Evidence · text

“Notes. Daura calculated Gold Equivalent using Gold + (Silver / 66*), assuming a recovery of 80% silver and 100% gold. *Daura’s silver conversion uses a factor of 66. Intersect lengths are recorded core lengths and true widths are not known at this time due to the early stage of the exploration at Cerro Bayo. Additional highlights of drill results presented in Table 1 below.”

Extracted facts

Stored fact records: 84. Some facts used in scoring do not have a stored record.

Drill Results (84)

CBD26-001Cerro Bayo · goldGrade: 0.063Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
CBD26-001
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.063
Grade Unit
g/t
Intercept
3.75 m
From
16 m
To
19.75 m
Intercept Depth
16 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-001:16-19.75
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.05
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade over a narrow width, but contributes to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Low gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.063”

Context: 3.75

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-001Cerro Bayo · silverGrade: 31.5Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
CBD26-001
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
31.5
Grade Unit
g/t
Intercept
3.75 m
From
16 m
To
19.75 m
Intercept Depth
16 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-001:16-19.75
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows moderate silver grade over a narrow width, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate silver grade for epithermal system
  • Narrow intercept
  • True width not known

Evidence · table

“31.5”

Context: 3.75

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-001Cerro Bayo · goldGrade: 0.369Grade Unit: g/tIntercept: 16.35 mView all details
Link to this fact

Identity

Hole ID
CBD26-001
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.369
Grade Unit
g/t
Intercept
16.35 m
From
28.85 m
To
45.2 m
Intercept Depth
16 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-001:28.85-45.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.72
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This broad intercept with moderate gold grade is a positive indicator for the epithermal system, especially as part of an initial exploration program.

Positive factors

  • Broad intercept length
  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate gold grade
  • True width not known

Evidence · table

“0.369”

Context: 16.35

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-001Cerro Bayo · silverGrade: 89Grade Unit: g/tIntercept: 16.35 mView all details
Link to this fact

Identity

Hole ID
CBD26-001
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
89
Grade Unit
g/t
Intercept
16.35 m
From
28.85 m
To
45.2 m
Intercept Depth
16 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-001:28.85-45.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This broad intercept with strong silver grade is a very positive indicator for the epithermal system, especially as part of an initial exploration program.

Positive factors

  • Broad intercept length
  • Strong silver grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • True width not known

Evidence · table

“89.0”

Context: 16.35

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-001Cerro Bayo · goldGrade: 1.43Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
CBD26-001
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
1.43
Grade Unit
g/t
Intercept
3.6 m
From
36.05 m
To
39.65 m
Intercept Depth
16 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-001:36.05-39.65
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
6.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade and high gold equivalent, indicating a significant high-grade zone within the broader mineralization.

Positive factors

  • Strong gold grade for epithermal system
  • High gold equivalent grade
  • Part of initial drill program confirming epithermal system

Negative factors

  • Narrow intercept
  • True width not known

Evidence · table

“1.430”

Context: 3.60

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-001Cerro Bayo · silverGrade: 321.7Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
CBD26-001
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
321.7
Grade Unit
g/t
Intercept
3.6 m
From
36.05 m
To
39.65 m
Intercept Depth
16 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-001:36.05-39.65
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver grade, indicating a significant high-grade zone within the broader mineralization.

Positive factors

  • Exceptional silver grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • Narrow intercept
  • True width not known

Evidence · table

“321.7”

Context: 3.60

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · goldGrade: 0.037Grade Unit: g/tIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.037
Grade Unit
g/t
Intercept
14 m
From
0 m
To
14 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:0-14
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.05
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This near-surface, broad intercept with low gold grade is important for indicating bulk-tonnage potential in the initial exploration phase.

Positive factors

  • Near-surface mineralization
  • Broad intercept length
  • Part of initial drill program confirming epithermal system

Negative factors

  • Low gold grade
  • True width not known

Evidence · table

“0.037”

Context: 14.0

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · silverGrade: 30.7Grade Unit: g/tIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
30.7
Grade Unit
g/t
Intercept
14 m
From
0 m
To
14 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:0-14
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This near-surface, broad intercept with moderate silver grade is important for indicating bulk-tonnage potential in the initial exploration phase.

Positive factors

  • Near-surface mineralization
  • Broad intercept length
  • Moderate silver grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • True width not known

Evidence · table

“30.7”

Context: 14.0

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · goldGrade: 0.1Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
1.25 m
From
15.95 m
To
17.2 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:15.95-17.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows low gold grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Low gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.100”

Context: 1.25

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · silverGrade: 30.7Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
30.7
Grade Unit
g/t
Intercept
1.25 m
From
15.95 m
To
17.2 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:15.95-17.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows moderate silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate silver grade for epithermal system
  • Narrow intercept
  • True width not known

Evidence · table

“30.7”

Context: 1.25

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · goldGrade: 0.33Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
1.95 m
From
23 m
To
24.95 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:23-24.95
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows moderate gold grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.330”

Context: 1.95

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · silverGrade: 15.2Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
15.2
Grade Unit
g/t
Intercept
1.95 m
From
23 m
To
24.95 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:23-24.95
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows low silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Low silver grade
  • Narrow intercept
  • True width not known

Evidence · table

“15.2”

Context: 1.95

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · goldGrade: 0.092Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.092
Grade Unit
g/t
Intercept
3.5 m
From
30.6 m
To
34.1 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:30.6-34.1
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.8
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows low gold grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Low gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.092”

Context: 3.5

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · silverGrade: 46Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
46
Grade Unit
g/t
Intercept
3.5 m
From
30.6 m
To
34.1 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:30.6-34.1
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows moderate silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Moderate silver grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • Narrow intercept
  • True width not known

Evidence · table

“46.0”

Context: 3.5

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · goldGrade: 0.074Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.074
Grade Unit
g/t
Intercept
15 m
From
58.7 m
To
73.7 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:58.7-73.7
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.9
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This broad intercept with low gold grade is important for indicating bulk-tonnage potential in the initial exploration phase.

Positive factors

  • Broad intercept length
  • Part of initial drill program confirming epithermal system

Negative factors

  • Low gold grade
  • True width not known

Evidence · table

“0.074”

Context: 15.0

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · silverGrade: 120.8Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
120.8
Grade Unit
g/t
Intercept
15 m
From
58.7 m
To
73.7 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:58.7-73.7
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This broad intercept with strong silver grade is a very positive indicator for the epithermal system, especially as part of an initial exploration program.

Positive factors

  • Broad intercept length
  • Strong silver grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • True width not known

Evidence · table

“120.8”

Context: 15.0

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · goldGrade: 0.11Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
2 m
From
63.7 m
To
65.7 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:63.7-65.7
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
6.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows a high gold equivalent grade, indicating a significant high-grade silver zone within the broader mineralization.

Positive factors

  • High gold equivalent grade
  • Part of initial drill program confirming epithermal system

Negative factors

  • Low gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.110”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · silverGrade: 427.4Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
427.4
Grade Unit
g/t
Intercept
2 m
From
63.7 m
To
65.7 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:63.7-65.7
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver grade, indicating a significant high-grade zone within the broader mineralization.

Positive factors

  • Exceptional silver grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • Narrow intercept
  • True width not known

Evidence · table

“427.4”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · goldGrade: 0.16Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.16
Grade Unit
g/t
Intercept
1.7 m
From
68.3 m
To
70 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:68.3-70
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.99
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows low gold grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Low gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.160”

Context: 1.7

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · silverGrade: 120.72Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
120.72
Grade Unit
g/t
Intercept
1.7 m
From
68.3 m
To
70 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:68.3-70
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows strong silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Strong silver grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • Narrow intercept
  • True width not known

Evidence · table

“120.72”

Context: 1.7

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · goldGrade: 0.175Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.175
Grade Unit
g/t
Intercept
3.6 m
From
86.4 m
To
90 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:86.4-90
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
6.08
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows a high gold equivalent grade, indicating a significant high-grade silver zone within the broader mineralization.

Positive factors

  • High gold equivalent grade
  • Part of initial drill program confirming epithermal system

Negative factors

  • Low gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.175”

Context: 3.6

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · silverGrade: 389.8Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
389.8
Grade Unit
g/t
Intercept
3.6 m
From
86.4 m
To
90 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:86.4-90
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver grade, indicating a significant high-grade zone within the broader mineralization.

Positive factors

  • Exceptional silver grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • Narrow intercept
  • True width not known

Evidence · table

“389.8”

Context: 3.6

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · goldGrade: 0.33Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
1.8 m
From
86.4 m
To
88.2 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:86.4-88.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
11.53
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows an exceptional gold equivalent grade, indicating a significant high-grade silver zone within the broader mineralization.

Positive factors

  • Exceptional gold equivalent grade
  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.330”

Context: 1.8

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-005Cerro Bayo · silverGrade: 739.53Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
CBD26-005
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
739.53
Grade Unit
g/t
Intercept
1.8 m
From
86.4 m
To
88.2 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-005:86.4-88.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows a bonanza silver grade, representing a highly significant high-grade zone within the broader mineralization.

Positive factors

  • Bonanza silver grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • Narrow intercept
  • True width not known

Evidence · table

“739.53”

Context: 1.8

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-010Cerro Bayo · goldGrade: 0.43Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
CBD26-010
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
0.3 m
From
30.25 m
To
30.55 m
Intercept Depth
30.25 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-010:30.25-30.55
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows moderate gold grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate gold grade
  • Very narrow intercept
  • True width not known

Evidence · table

“0.430”

Context: 0.3

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-010Cerro Bayo · silverGrade: 13.4Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
CBD26-010
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
13.4
Grade Unit
g/t
Intercept
0.3 m
From
30.25 m
To
30.55 m
Intercept Depth
30.25 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-010:30.25-30.55
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows low silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Low silver grade
  • Very narrow intercept
  • True width not known

Evidence · table

“13.4”

Context: 0.3

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-010Cerro Bayo · goldGrade: 0.07Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
CBD26-010
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.07
Grade Unit
g/t
Intercept
1.15 m
From
34.6 m
To
35.75 m
Intercept Depth
30.25 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-010:34.6-35.75
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.8
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows low gold grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Low gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.070”

Context: 1.15

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-010Cerro Bayo · silverGrade: 47Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
CBD26-010
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
47
Grade Unit
g/t
Intercept
1.15 m
From
34.6 m
To
35.75 m
Intercept Depth
30.25 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-010:34.6-35.75
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows moderate silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Moderate silver grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • Narrow intercept
  • True width not known

Evidence · table

“47.0”

Context: 1.15

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-011Cerro Bayo · goldGrade: 0.6Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
CBD26-011
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
0.75 m
From
103 m
To
103.75 m
Intercept Depth
103 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-011:103-103.75
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.2
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows moderate gold grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate gold grade
  • Very narrow intercept
  • True width not known

Evidence · table

“0.600”

Context: 0.75

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-011Cerro Bayo · silverGrade: 39Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
CBD26-011
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
39
Grade Unit
g/t
Intercept
0.75 m
From
103 m
To
103.75 m
Intercept Depth
103 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-011:103-103.75
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows moderate silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate silver grade for epithermal system
  • Very narrow intercept
  • True width not known

Evidence · table

“39.0”

Context: 0.75

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · goldGrade: 0.66Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.66
Grade Unit
g/t
Intercept
1.2 m
From
3.1 m
To
4.3 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:3.1-4.3
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.7
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow, near-surface intercept shows moderate gold grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Near-surface mineralization
  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.660”

Context: 1.2

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · silverGrade: 5.6Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
5.6
Grade Unit
g/t
Intercept
1.2 m
From
3.1 m
To
4.3 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:3.1-4.3
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow, near-surface intercept shows low silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Near-surface mineralization
  • Part of initial drill program confirming epithermal system

Negative factors

  • Low silver grade
  • Narrow intercept
  • True width not known

Evidence · table

“5.6”

Context: 1.2

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · goldGrade: 2Grade Unit: g/tIntercept: 11.95 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
2
Grade Unit
g/t
Intercept
11.95 m
From
11.45 m
To
23.4 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:11.45-23.4
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
2.1
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This broad intercept with strong gold grade is a positive indicator for the epithermal system, especially as part of an initial exploration program.

Positive factors

  • Strong gold grade for epithermal system
  • Broad intercept length
  • Part of initial drill program confirming epithermal system

Negative factors

  • True width not known

Evidence · table

“2.00”

Context: 11.95

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · silverGrade: 6.8Grade Unit: g/tIntercept: 11.95 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
6.8
Grade Unit
g/t
Intercept
11.95 m
From
11.45 m
To
23.4 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:11.45-23.4
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This broad intercept with low silver grade is important for indicating bulk-tonnage potential in the initial exploration phase.

Positive factors

  • Broad intercept length
  • Part of initial drill program confirming epithermal system

Negative factors

  • Low silver grade
  • True width not known

Evidence · table

“6.8”

Context: 11.95

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · goldGrade: 8.83Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
8.83
Grade Unit
g/t
Intercept
1.95 m
From
17.15 m
To
19.1 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:17.15-19.1
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
9.12
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade and high gold equivalent, indicating a significant high-grade zone within the broader mineralization.

Positive factors

  • Exceptional gold grade for epithermal system
  • High gold equivalent grade
  • Part of initial drill program confirming epithermal system

Negative factors

  • Narrow intercept
  • True width not known

Evidence · table

“8.83”

Context: 1.95

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · silverGrade: 18.86Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
18.86
Grade Unit
g/t
Intercept
1.95 m
From
17.15 m
To
19.1 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:17.15-19.1
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows low silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Low silver grade
  • Narrow intercept
  • True width not known

Evidence · table

“18.86”

Context: 1.95

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · goldGrade: 1.21Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
1.21
Grade Unit
g/t
Intercept
0.9 m
From
22.5 m
To
23.4 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:22.5-23.4
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows strong gold grade, indicating a significant high-grade zone within the broader mineralization.

Positive factors

  • Strong gold grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • Very narrow intercept
  • True width not known

Evidence · table

“1.210”

Context: 0.9

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · silverGrade: 2.7Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
2.7
Grade Unit
g/t
Intercept
0.9 m
From
22.5 m
To
23.4 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:22.5-23.4
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows low silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Low silver grade
  • Very narrow intercept
  • True width not known

Evidence · table

“2.7”

Context: 0.9

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · goldGrade: 0.526Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.526
Grade Unit
g/t
Intercept
2.55 m
From
33.3 m
To
35.85 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:33.3-35.85
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows moderate gold grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.526”

Context: 2.55

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · silverGrade: 0Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0
Grade Unit
g/t
Intercept
2.55 m
From
33.3 m
To
35.85 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:33.3-35.85
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows no silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • No silver grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.0”

Context: 2.55

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · goldGrade: 1.02Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
1.02
Grade Unit
g/t
Intercept
0.25 m
From
67.75 m
To
68 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:67.75-68
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.1
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows strong gold grade, indicating a significant high-grade zone within the broader mineralization.

Positive factors

  • Strong gold grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • Very narrow intercept
  • True width not known

Evidence · table

“1.020”

Context: 0.25

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-012Cerro Bayo · silverGrade: 0Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
CBD26-012
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0
Grade Unit
g/t
Intercept
0.25 m
From
67.75 m
To
68 m
Intercept Depth
3.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-012:67.75-68
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows no silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • No silver grade
  • Very narrow intercept
  • True width not known

Evidence · table

“0.0”

Context: 0.25

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-015Cerro Bayo · goldGrade: 0.14Grade Unit: g/tIntercept: 0.2 mView all details
Link to this fact

Identity

Hole ID
CBD26-015
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.14
Grade Unit
g/t
Intercept
0.2 m
From
75.8 m
To
76 m
Intercept Depth
75.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-015:75.8-76
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
2.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows a high gold equivalent grade, indicating a significant high-grade silver zone within the broader mineralization.

Positive factors

  • High gold equivalent grade
  • Part of initial drill program confirming epithermal system

Negative factors

  • Low gold grade
  • Very narrow intercept
  • True width not known

Evidence · table

“0.140”

Context: 0.2

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-015Cerro Bayo · silverGrade: 165Grade Unit: g/tIntercept: 0.2 mView all details
Link to this fact

Identity

Hole ID
CBD26-015
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
165
Grade Unit
g/t
Intercept
0.2 m
From
75.8 m
To
76 m
Intercept Depth
75.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-015:75.8-76
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows strong silver grade, indicating a significant high-grade zone within the broader mineralization.

Positive factors

  • Strong silver grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • Very narrow intercept
  • True width not known

Evidence · table

“165.0”

Context: 0.2

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-015Cerro Bayo · goldGrade: 0.063Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
CBD26-015
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.063
Grade Unit
g/t
Intercept
2.55 m
From
114.8 m
To
117.35 m
Intercept Depth
75.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-015:114.8-117.35
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows low gold grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Low gold grade
  • Narrow intercept
  • True width not known

Evidence · table

“0.063”

Context: 2.55

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-015Cerro Bayo · silverGrade: 32.6Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
CBD26-015
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
32.6
Grade Unit
g/t
Intercept
2.55 m
From
114.8 m
To
117.35 m
Intercept Depth
75.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-015:114.8-117.35
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This narrow intercept shows moderate silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate silver grade for epithermal system
  • Narrow intercept
  • True width not known

Evidence · table

“32.6”

Context: 2.55

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-017Cerro Bayo · goldGrade: 1.46Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Hole ID
CBD26-017
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
1.46
Grade Unit
g/t
Intercept
0.35 m
From
24 m
To
24.35 m
Intercept Depth
24 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-017:24-24.35
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.5
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows strong gold grade, indicating a significant high-grade zone within the broader mineralization.

Positive factors

  • Strong gold grade for epithermal system
  • Part of initial drill program confirming epithermal system

Negative factors

  • Very narrow intercept
  • True width not known

Evidence · table

“1.460”

Context: 0.35

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-017Cerro Bayo · silverGrade: 4.5Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Hole ID
CBD26-017
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
4.5
Grade Unit
g/t
Intercept
0.35 m
From
24 m
To
24.35 m
Intercept Depth
24 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-017:24-24.35
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows low silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Low silver grade
  • Very narrow intercept
  • True width not known

Evidence · table

“4.5”

Context: 0.35

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-018Cerro Bayo · goldGrade: 0.47Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
CBD26-018
Project
Cerro Bayo
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.47
Grade Unit
g/t
Intercept
0.95 m
From
69.2 m
To
70.15 m
Intercept Depth
69.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-018:69.2-70.15
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.5
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows moderate gold grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • Moderate gold grade
  • Very narrow intercept
  • True width not known

Evidence · table

“0.470”

Context: 0.95

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CBD26-018Cerro Bayo · silverGrade: 0Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
CBD26-018
Project
Cerro Bayo
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0
Grade Unit
g/t
Intercept
0.95 m
From
69.2 m
To
70.15 m
Intercept Depth
69.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
CBD26-018:69.2-70.15
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This very narrow intercept shows no silver grade, contributing to the overall understanding of the epithermal system in an initial drill program.

Positive factors

  • Part of initial drill program confirming epithermal system

Negative factors

  • No silver grade
  • Very narrow intercept
  • True width not known

Evidence · table

“0.0”

Context: 0.95

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.369Grade Unit: g/tIntercept: 16.35 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.369
Grade Unit
g/t
Intercept
16.35 m
From
28.85 m
To
45.2 m
Intercept Depth
28.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:28.85-45.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.369 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 6.0 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.369”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 89Grade Unit: g/tIntercept: 16.35 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
89
Grade Unit
g/t
Intercept
16.35 m
From
28.85 m
To
45.2 m
Intercept Depth
28.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:28.85-45.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 89 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1455.2 g/t·m is moderate (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“89.0”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 1.43Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
1.43
Grade Unit
g/t
Intercept
3.6 m
From
36.05 m
To
39.65 m
Intercept Depth
36.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:36.05-39.65
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.43 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 5.1 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.430”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 321.7Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
321.7
Grade Unit
g/t
Intercept
3.6 m
From
36.05 m
To
39.65 m
Intercept Depth
36.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:36.05-39.65
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 321.7 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1158.1 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 321.7 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“321.7”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.1Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
1.25 m
From
15.95 m
To
17.2 m
Intercept Depth
15.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:15.95-17.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 g/t gold is below against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 0.1 g/t·m is below.

Negative factors

  • 0.1 g/t gold is below the weak threshold (0.3 g/t) on the open_pit mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.100”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 30.7Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
30.7
Grade Unit
g/t
Intercept
1.25 m
From
15.95 m
To
17.2 m
Intercept Depth
15.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:15.95-17.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 30.7 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 38.4 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“30.7”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.33Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
1.95 m
From
23 m
To
24.95 m
Intercept Depth
23 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:23-24.95
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.33 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 0.6 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.330”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 15.2Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
15.2
Grade Unit
g/t
Intercept
1.95 m
From
23 m
To
24.95 m
Intercept Depth
23 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:23-24.95
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 15.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 29.6 g/t·m is below.

Negative factors

  • 15.2 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“15.2”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.092Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.092
Grade Unit
g/t
Intercept
3.5 m
From
30.6 m
To
34.1 m
Intercept Depth
30.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:30.6-34.1
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.092 g/t gold is below against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 0.3 g/t·m is below.

Negative factors

  • 0.092 g/t gold is below the weak threshold (0.3 g/t) on the open_pit mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.092”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 46Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
46
Grade Unit
g/t
Intercept
3.5 m
From
30.6 m
To
34.1 m
Intercept Depth
30.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:30.6-34.1
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 46 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 161.0 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“46.0”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.074Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.074
Grade Unit
g/t
Intercept
15 m
From
58.7 m
To
73.7 m
Intercept Depth
58.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:58.7-73.7
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.074 g/t gold is below against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 1.1 g/t·m is below.

Negative factors

  • 0.074 g/t gold is below the weak threshold (0.3 g/t) on the open_pit mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.074”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 120.8Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
120.8
Grade Unit
g/t
Intercept
15 m
From
58.7 m
To
73.7 m
Intercept Depth
58.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:58.7-73.7
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 120.8 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1812.0 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“120.8”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.11Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
2 m
From
63.7 m
To
65.7 m
Intercept Depth
63.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:63.7-65.7
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.11 g/t gold is below against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 0.2 g/t·m is below.

Negative factors

  • 0.11 g/t gold is below the weak threshold (0.3 g/t) on the open_pit mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.110”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 427.4Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
427.4
Grade Unit
g/t
Intercept
2 m
From
63.7 m
To
65.7 m
Intercept Depth
63.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:63.7-65.7
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 427.4 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 854.8 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 427.4 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“427.4”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.16Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.16
Grade Unit
g/t
Intercept
1.7 m
From
68.3 m
To
70 m
Intercept Depth
68.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:68.3-70
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.16 g/t gold is below against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 0.3 g/t·m is below.

Negative factors

  • 0.16 g/t gold is below the weak threshold (0.3 g/t) on the open_pit mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.160”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 120.72Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
120.72
Grade Unit
g/t
Intercept
1.7 m
From
68.3 m
To
70 m
Intercept Depth
68.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:68.3-70
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 120.72 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 205.2 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“120.72”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.175Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.175
Grade Unit
g/t
Intercept
3.6 m
From
86.4 m
To
90 m
Intercept Depth
86.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:86.4-90
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.175 g/t gold is below against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 0.6 g/t·m is below.

Negative factors

  • 0.175 g/t gold is below the weak threshold (0.3 g/t) on the open_pit mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.175”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 389.8Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
389.8
Grade Unit
g/t
Intercept
3.6 m
From
86.4 m
To
90 m
Intercept Depth
86.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:86.4-90
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 389.8 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1403.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 389.8 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“389.8”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.33Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
1.8 m
From
86.4 m
To
88.2 m
Intercept Depth
86.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:86.4-88.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.33 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 0.6 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.330”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 739.53Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
739.53
Grade Unit
g/t
Intercept
1.8 m
From
86.4 m
To
88.2 m
Intercept Depth
86.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:86.4-88.2
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 739.53 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 1331.2 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 739.53 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“739.53”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.07Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.07
Grade Unit
g/t
Intercept
1.15 m
From
34.6 m
To
35.75 m
Intercept Depth
34.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:34.6-35.75
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.07 g/t gold is below against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 0.1 g/t·m is below.

Negative factors

  • 0.07 g/t gold is below the weak threshold (0.3 g/t) on the open_pit mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.070”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 47Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
47
Grade Unit
g/t
Intercept
1.15 m
From
34.6 m
To
35.75 m
Intercept Depth
34.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:34.6-35.75
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 47 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 54.0 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“47.0”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 2Grade Unit: g/tIntercept: 11.95 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
2
Grade Unit
g/t
Intercept
11.95 m
From
11.45 m
To
23.4 m
Intercept Depth
11.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:11.45-23.4
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 2 g/t gold is strong against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 23.9 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 2 g/t gold is strong on the open_pit mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.00”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 6.8Grade Unit: g/tIntercept: 11.95 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
6.8
Grade Unit
g/t
Intercept
11.95 m
From
11.45 m
To
23.4 m
Intercept Depth
11.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:11.45-23.4
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 6.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 81.3 g/t·m is below.

Negative factors

  • 6.8 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.8”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 8.83Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
8.83
Grade Unit
g/t
Intercept
1.95 m
From
17.15 m
To
19.1 m
Intercept Depth
17.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:17.15-19.1
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 8.83 g/t gold is exceptional against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 17.2 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 8.83 g/t gold is exceptional on the open_pit mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.83”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 18.86Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
18.86
Grade Unit
g/t
Intercept
1.95 m
From
17.15 m
To
19.1 m
Intercept Depth
17.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:17.15-19.1
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 18.86 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 36.8 g/t·m is below.

Negative factors

  • 18.86 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“18.86”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 1.21Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
1.21
Grade Unit
g/t
Intercept
0.9 m
From
22.5 m
To
23.4 m
Intercept Depth
22.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:22.5-23.4
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.21 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 1.1 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.210”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 2.7Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
2.7
Grade Unit
g/t
Intercept
0.9 m
From
22.5 m
To
23.4 m
Intercept Depth
22.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:22.5-23.4
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 2.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.4 g/t·m is below.

Negative factors

  • 2.7 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.7”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.526Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.526
Grade Unit
g/t
Intercept
2.55 m
From
33.3 m
To
35.85 m
Intercept Depth
33.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:33.3-35.85
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.526 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 1.3 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.526”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 0Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0
Grade Unit
g/t
Intercept
2.55 m
From
33.3 m
To
35.85 m
Intercept Depth
33.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:33.3-35.85
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.0 g/t·m is below.

Negative factors

  • 0 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.0”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 1.02Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
1.02
Grade Unit
g/t
Intercept
0.25 m
From
67.75 m
To
68 m
Intercept Depth
67.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:67.75-68
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 1.02 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 0.3 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.020”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 0Grade Unit: g/tIntercept: 0.25 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0
Grade Unit
g/t
Intercept
0.25 m
From
67.75 m
To
68 m
Intercept Depth
67.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:67.75-68
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.0 g/t·m is below.

Negative factors

  • 0 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.0”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · goldGrade: 0.063Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
0.063
Grade Unit
g/t
Intercept
2.55 m
From
114.8 m
To
117.35 m
Intercept Depth
114.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:114.8-117.35
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 0.063 g/t gold is below against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 0.2 g/t·m is below.

Negative factors

  • 0.063 g/t gold is below the weak threshold (0.3 g/t) on the open_pit mining band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.063”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andfertile low-sulphidation epithermal · silverGrade: 32.6Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
and
Project
fertile low-sulphidation epithermal
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
LMS

Geometry

Grade
32.6
Grade Unit
g/t
Intercept
2.55 m
From
114.8 m
To
117.35 m
Intercept Depth
114.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
and:114.8-117.35
Mining Method
open_pit

QA/QC

QP Signed
Yes

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: Expanded from assay table. 32.6 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 83.1 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“32.6”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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.