Lundin Gold Reports 667.78 g/t over 7.50 Metres and 523.01 g/t Au over 8.25 Metres at FDNS

Original announcement by tmx on

Company
Lundin Gold Inc.
Ticker
LUG
Exchange
TSX
Region
southeast Ecuador
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results
Extracted
2026-09-12 10:53:12 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Lundin Gold reported exceptional drill results from its conversion and near-mine exploration programs at the Fruta del Norte gold mine in southeast Ecuador. Highlights include 667.78 g/t gold over 7.50 metres and 523.01 g/t gold over 8.25 metres at FDNS, which are among the highest grade-thickness intercepts ever drilled at the property. The drilling confirmed mineralization continuity and expansion potential across FDNS, FDN East, and FDN, supporting future Mineral Resource and Reserve growth.

Reasoning: The document reports exceptionally high-grade gold intercepts with significant widths, confirming and extending mineralization across multiple zones within the Fruta del Norte mining property. The results are explicitly stated as some of the highest grade-thickness intercepts ever recorded, indicating strong potential for resource and reserve growth. True widths are provided, and QA/QC is well-disclosed, supporting the reliability of the data.

Positive factors

  • Exceptional high-grade gold intercepts (667.78 g/t Au over 7.50m and 523.01 g/t Au over 8.25m) at FDNS, ranking among the highest ever at Fruta del Norte.
  • Confirmation of mineralization continuity and expansion potential at FDNS, FDN East, and FDN.
  • True widths are reported for many intercepts, increasing confidence in geometry.
  • Comprehensive QA/QC disclosure including QP sign-off, certified lab, and methods (standards, blanks, duplicates).
  • Significant exploration program planned for 2026 (133,000 metres).

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

Facts used in scoring: 458

Extracted facts

Stored fact records: 458. Some facts used in scoring do not have a stored record.

Drill Results (458)

FDN-C25-354FDNS · goldGrade: 7.17Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-354
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.17
Grade Unit
g/t
Intercept
1.25 m
True Width
0.88 m
From
29.35 m
To
30.6 m
Hole Depth
90 m
Intercept Depth
29.35 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-354:29.35-30.6
Mining Method
underground

Location

Easting
778219
Northing
9582536
Elevation
1086 m
Azimuth
79 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“7.17”

Context: 1.25

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.88

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-354FDNS · silverGrade: 8.8Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-354
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.8
Grade Unit
g/t
Intercept
1.25 m
True Width
0.88 m
From
29.35 m
To
30.6 m
Hole Depth
90 m
Intercept Depth
29.35 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-354:29.35-30.6
Mining Method
underground

Location

Easting
778219
Northing
9582536
Elevation
1086 m
Azimuth
79 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“8.80”

Context: 1.25

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.88

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-354FDNS · goldGrade: 5.68Grade Unit: g/tIntercept: 2.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-354
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.68
Grade Unit
g/t
Intercept
2.15 m
True Width
1.52 m
From
32.6 m
To
34.75 m
Hole Depth
90 m
Intercept Depth
32.6 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-354:32.6-34.75
Mining Method
underground

Location

Easting
778219
Northing
9582536
Elevation
1086 m
Azimuth
79 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“5.68”

Context: 2.15

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.52

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-354FDNS · silverGrade: 12.31Grade Unit: g/tIntercept: 2.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-354
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.31
Grade Unit
g/t
Intercept
2.15 m
True Width
1.52 m
From
32.6 m
To
34.75 m
Hole Depth
90 m
Intercept Depth
32.6 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-354:32.6-34.75
Mining Method
underground

Location

Easting
778219
Northing
9582536
Elevation
1086 m
Azimuth
79 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“12.31”

Context: 2.15

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.52

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-354FDNS · goldGrade: 10.7Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-354
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.7
Grade Unit
g/t
Intercept
0.65 m
True Width
0.46 m
From
32.6 m
To
33.25 m
Hole Depth
90 m
Intercept Depth
32.6 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-354:32.6-33.25
Mining Method
underground

Location

Easting
778219
Northing
9582536
Elevation
1086 m
Azimuth
79 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“10.70”

Context: 0.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.46

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-354FDNS · silverGrade: 20.9Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-354
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.9
Grade Unit
g/t
Intercept
0.65 m
True Width
0.46 m
From
32.6 m
To
33.25 m
Hole Depth
90 m
Intercept Depth
32.6 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-354:32.6-33.25
Mining Method
underground

Location

Easting
778219
Northing
9582536
Elevation
1086 m
Azimuth
79 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“20.90”

Context: 0.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.46

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · goldGrade: 6.03Grade Unit: g/tIntercept: 3.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.03
Grade Unit
g/t
Intercept
3.55 m
True Width
2.51 m
From
20.85 m
To
24.4 m
Hole Depth
140 m
Intercept Depth
20.85 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:20.85-24.4
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“6.03”

Context: 3.55

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.51

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · silverGrade: 17.42Grade Unit: g/tIntercept: 3.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.42
Grade Unit
g/t
Intercept
3.55 m
True Width
2.51 m
From
20.85 m
To
24.4 m
Hole Depth
140 m
Intercept Depth
20.85 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:20.85-24.4
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“17.42”

Context: 3.55

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.51

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · goldGrade: 16.15Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.15
Grade Unit
g/t
Intercept
0.85 m
True Width
0.6 m
From
20.85 m
To
21.7 m
Hole Depth
140 m
Intercept Depth
20.85 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:20.85-21.7
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a strong gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Strong gold grade for underground mining.
  • True width disclosed.

Evidence · table

“16.15”

Context: 0.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.6

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · silverGrade: 25.7Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
25.7
Grade Unit
g/t
Intercept
0.85 m
True Width
0.6 m
From
20.85 m
To
21.7 m
Hole Depth
140 m
Intercept Depth
20.85 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:20.85-21.7
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“25.70”

Context: 0.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.6

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · goldGrade: 15.8Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.8
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
24 m
To
24.4 m
Hole Depth
140 m
Intercept Depth
24 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:24-24.4
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a strong gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Strong gold grade for underground mining.
  • True width disclosed.

Evidence · table

“15.80”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.28

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · silverGrade: 68.3Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
68.3
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
24 m
To
24.4 m
Hole Depth
140 m
Intercept Depth
24 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:24-24.4
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“68.30”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.28

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · goldGrade: 5.41Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.41
Grade Unit
g/t
Intercept
1.55 m
True Width
1.1 m
From
39.85 m
To
41.4 m
Hole Depth
140 m
Intercept Depth
39.85 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:39.85-41.4
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“5.41”

Context: 1.55

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.1

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · silverGrade: 11.18Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.18
Grade Unit
g/t
Intercept
1.55 m
True Width
1.1 m
From
39.85 m
To
41.4 m
Hole Depth
140 m
Intercept Depth
39.85 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:39.85-41.4
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“11.18”

Context: 1.55

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.1

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · goldGrade: 17.75Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.75
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
40.6 m
To
41 m
Hole Depth
140 m
Intercept Depth
40.6 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:40.6-41
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a strong gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Strong gold grade for underground mining.
  • True width disclosed.

Evidence · table

“17.75”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.28

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · silverGrade: 20.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
40.6 m
To
41 m
Hole Depth
140 m
Intercept Depth
40.6 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:40.6-41
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“20.40”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.28

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · goldGrade: 7.43Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.43
Grade Unit
g/t
Intercept
1.65 m
True Width
1.17 m
From
71.4 m
To
73.05 m
Hole Depth
140 m
Intercept Depth
71.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:71.4-73.05
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“7.43”

Context: 1.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.17

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · silverGrade: 17.19Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.19
Grade Unit
g/t
Intercept
1.65 m
True Width
1.17 m
From
71.4 m
To
73.05 m
Hole Depth
140 m
Intercept Depth
71.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:71.4-73.05
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“17.19”

Context: 1.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.17

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · goldGrade: 3.98Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.98
Grade Unit
g/t
Intercept
2.2 m
True Width
1.56 m
From
82.4 m
To
84.6 m
Hole Depth
140 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:82.4-84.6
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a weak gold grade over a narrow width, with true width reported.

Positive factors

  • True width disclosed.

Evidence · table

“3.98”

Context: 2.20

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.56

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · silverGrade: 33.84Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
33.84
Grade Unit
g/t
Intercept
2.2 m
True Width
1.56 m
From
82.4 m
To
84.6 m
Hole Depth
140 m
Intercept Depth
82.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:82.4-84.6
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“33.84”

Context: 2.20

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.56

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · goldGrade: 9.15Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.15
Grade Unit
g/t
Intercept
0.8 m
True Width
0.57 m
From
83.8 m
To
84.6 m
Hole Depth
140 m
Intercept Depth
83.8 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:83.8-84.6
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“9.15”

Context: 0.80

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.57

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · silverGrade: 72.5Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
72.5
Grade Unit
g/t
Intercept
0.8 m
True Width
0.57 m
From
83.8 m
To
84.6 m
Hole Depth
140 m
Intercept Depth
83.8 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:83.8-84.6
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“72.50”

Context: 0.80

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.57

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · goldGrade: 6.6Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.6
Grade Unit
g/t
Intercept
1.45 m
True Width
1.03 m
From
99.2 m
To
100.65 m
Hole Depth
140 m
Intercept Depth
99.2 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:99.2-100.65
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“6.60”

Context: 1.45

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-355FDNS · silverGrade: 16.94Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-355
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.94
Grade Unit
g/t
Intercept
1.45 m
True Width
1.03 m
From
99.2 m
To
100.65 m
Hole Depth
140 m
Intercept Depth
99.2 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-355:99.2-100.65
Mining Method
underground

Location

Easting
778217
Northing
9582533
Elevation
1085 m
Azimuth
159 °
Dip
-48 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“16.94”

Context: 1.45

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-357FDNS · goldGrade: 5.23Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-357
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.23
Grade Unit
g/t
Intercept
1.8 m
True Width
1.38 m
From
64.35 m
To
66.15 m
Hole Depth
166.1 m
Intercept Depth
64.35 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-357:64.35-66.15
Mining Method
underground

Location

Easting
778218
Northing
9582534
Elevation
1085 m
Azimuth
105 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“5.23”

Context: 1.80

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-357FDNS · silverGrade: 15.58Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-357
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.58
Grade Unit
g/t
Intercept
1.8 m
True Width
1.38 m
From
64.35 m
To
66.15 m
Hole Depth
166.1 m
Intercept Depth
64.35 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-357:64.35-66.15
Mining Method
underground

Location

Easting
778218
Northing
9582534
Elevation
1085 m
Azimuth
105 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“15.58”

Context: 1.80

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-357FDNS · goldGrade: 12.5Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-357
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.5
Grade Unit
g/t
Intercept
0.65 m
True Width
1.38 m
From
65 m
To
65.65 m
Hole Depth
166.1 m
Intercept Depth
65 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-357:65-65.65
Mining Method
underground

Location

Easting
778218
Northing
9582534
Elevation
1085 m
Azimuth
105 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“12.50”

Context: 0.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-357FDNS · silverGrade: 29.3Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-357
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
29.3
Grade Unit
g/t
Intercept
0.65 m
True Width
1.38 m
From
65 m
To
65.65 m
Hole Depth
166.1 m
Intercept Depth
65 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-357:65-65.65
Mining Method
underground

Location

Easting
778218
Northing
9582534
Elevation
1085 m
Azimuth
105 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“29.30”

Context: 0.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-357FDNS · goldGrade: 10.97Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-357
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.97
Grade Unit
g/t
Intercept
0.8 m
True Width
0.5 m
From
131.2 m
To
132 m
Hole Depth
166.1 m
Intercept Depth
131.2 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-357:131.2-132
Mining Method
underground

Location

Easting
778218
Northing
9582534
Elevation
1085 m
Azimuth
105 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“10.97”

Context: 0.80

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-357FDNS · silverGrade: 185Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-357
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
185
Grade Unit
g/t
Intercept
0.8 m
True Width
0.5 m
From
131.2 m
To
132 m
Hole Depth
166.1 m
Intercept Depth
131.2 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-357:131.2-132
Mining Method
underground

Location

Easting
778218
Northing
9582534
Elevation
1085 m
Azimuth
105 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate silver grade over a very narrow width, likely a byproduct credit.

Positive factors

  • Moderate silver grade.

Evidence · table

“185.00”

Context: 0.80

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-357FDNS · goldGrade: 11.84Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-357
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.84
Grade Unit
g/t
Intercept
3.1 m
True Width
2.54 m
From
149.9 m
To
153 m
Hole Depth
166.1 m
Intercept Depth
149.9 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-357:149.9-153
Mining Method
underground

Location

Easting
778218
Northing
9582534
Elevation
1085 m
Azimuth
105 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“11.84”

Context: 3.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.54

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-357FDNS · silverGrade: 120.01Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-357
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
120.01
Grade Unit
g/t
Intercept
3.1 m
True Width
2.54 m
From
149.9 m
To
153 m
Hole Depth
166.1 m
Intercept Depth
149.9 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-357:149.9-153
Mining Method
underground

Location

Easting
778218
Northing
9582534
Elevation
1085 m
Azimuth
105 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate silver grade over a narrow width, likely a byproduct credit.

Positive factors

  • Moderate silver grade.

Evidence · table

“120.01”

Context: 3.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.54

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-357FDNS · goldGrade: 55.7Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-357
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
55.7
Grade Unit
g/t
Intercept
0.45 m
True Width
0.37 m
From
152.55 m
To
153 m
Hole Depth
166.1 m
Intercept Depth
152.55 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-357:152.55-153
Mining Method
underground

Location

Easting
778218
Northing
9582534
Elevation
1085 m
Azimuth
105 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“55.70”

Context: 0.45

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.37

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-357FDNS · silverGrade: 145Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-357
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
145
Grade Unit
g/t
Intercept
0.45 m
True Width
0.37 m
From
152.55 m
To
153 m
Hole Depth
166.1 m
Intercept Depth
152.55 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-357:152.55-153
Mining Method
underground

Location

Easting
778218
Northing
9582534
Elevation
1085 m
Azimuth
105 °
Dip
-54 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate silver grade over a very narrow width, likely a byproduct credit.

Positive factors

  • Moderate silver grade.

Evidence · table

“145.00”

Context: 0.45

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.37

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-366FDNS · goldGrade: 7.66Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-366
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.66
Grade Unit
g/t
Intercept
2.95 m
True Width
2.55 m
From
48.1 m
To
51.05 m
Hole Depth
100 m
Intercept Depth
48.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-366:48.1-51.05
Mining Method
underground

Location

Easting
778211
Northing
9582662
Elevation
1083 m
Azimuth
238 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“7.66”

Context: 2.95

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.55

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-366FDNS · silverGrade: 15.94Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-366
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.94
Grade Unit
g/t
Intercept
2.95 m
True Width
2.55 m
From
48.1 m
To
51.05 m
Hole Depth
100 m
Intercept Depth
48.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-366:48.1-51.05
Mining Method
underground

Location

Easting
778211
Northing
9582662
Elevation
1083 m
Azimuth
238 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“15.94”

Context: 2.95

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.55

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-366FDNS · goldGrade: 14.65Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-366
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.65
Grade Unit
g/t
Intercept
0.7 m
True Width
0.61 m
From
48.1 m
To
48.8 m
Hole Depth
100 m
Intercept Depth
48.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-366:48.1-48.8
Mining Method
underground

Location

Easting
778211
Northing
9582662
Elevation
1083 m
Azimuth
238 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“14.65”

Context: 0.70

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.61

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-366FDNS · silverGrade: 20.3Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-366
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.3
Grade Unit
g/t
Intercept
0.7 m
True Width
0.61 m
From
48.1 m
To
48.8 m
Hole Depth
100 m
Intercept Depth
48.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-366:48.1-48.8
Mining Method
underground

Location

Easting
778211
Northing
9582662
Elevation
1083 m
Azimuth
238 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“20.30”

Context: 0.70

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.61

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-366FDNS · goldGrade: 19.6Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-366
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.6
Grade Unit
g/t
Intercept
0.5 m
True Width
0.43 m
From
50.55 m
To
51.05 m
Hole Depth
100 m
Intercept Depth
50.55 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-366:50.55-51.05
Mining Method
underground

Location

Easting
778211
Northing
9582662
Elevation
1083 m
Azimuth
238 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a strong gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Strong gold grade for underground mining.
  • True width disclosed.

Evidence · table

“19.60”

Context: 0.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.43

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-366FDNS · silverGrade: 27.6Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-366
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.6
Grade Unit
g/t
Intercept
0.5 m
True Width
0.43 m
From
50.55 m
To
51.05 m
Hole Depth
100 m
Intercept Depth
50.55 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-366:50.55-51.05
Mining Method
underground

Location

Easting
778211
Northing
9582662
Elevation
1083 m
Azimuth
238 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“27.60”

Context: 0.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.43

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-366FDNS · goldGrade: 12.46Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-366
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.46
Grade Unit
g/t
Intercept
1.5 m
True Width
1.23 m
From
65.6 m
To
67.1 m
Hole Depth
100 m
Intercept Depth
65.6 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-366:65.6-67.1
Mining Method
underground

Location

Easting
778211
Northing
9582662
Elevation
1083 m
Azimuth
238 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“12.46”

Context: 1.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.23

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-366FDNS · silverGrade: 14.17Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-366
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.17
Grade Unit
g/t
Intercept
1.5 m
True Width
1.23 m
From
65.6 m
To
67.1 m
Hole Depth
100 m
Intercept Depth
65.6 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-366:65.6-67.1
Mining Method
underground

Location

Easting
778211
Northing
9582662
Elevation
1083 m
Azimuth
238 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“14.17”

Context: 1.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.23

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-366FDNS · goldGrade: 27.7Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-366
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.7
Grade Unit
g/t
Intercept
0.65 m
True Width
0.53 m
From
66.45 m
To
67.1 m
Hole Depth
100 m
Intercept Depth
66.45 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-366:66.45-67.1
Mining Method
underground

Location

Easting
778211
Northing
9582662
Elevation
1083 m
Azimuth
238 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“27.70”

Context: 0.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.53

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-366FDNS · silverGrade: 15.3Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-366
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.3
Grade Unit
g/t
Intercept
0.65 m
True Width
0.53 m
From
66.45 m
To
67.1 m
Hole Depth
100 m
Intercept Depth
66.45 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-366:66.45-67.1
Mining Method
underground

Location

Easting
778211
Northing
9582662
Elevation
1083 m
Azimuth
238 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“15.30”

Context: 0.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.53

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 5.6Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.6
Grade Unit
g/t
Intercept
2.7 m
True Width
1.74 m
From
1.5 m
To
4.2 m
Hole Depth
247.5 m
Intercept Depth
1.5 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:1.5-4.2
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“5.60”

Context: 2.70

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.74

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 7.95Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.95
Grade Unit
g/t
Intercept
2.7 m
True Width
1.74 m
From
1.5 m
To
4.2 m
Hole Depth
247.5 m
Intercept Depth
1.5 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:1.5-4.2
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“7.95”

Context: 2.70

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.74

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 16.15Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.15
Grade Unit
g/t
Intercept
0.8 m
True Width
0.51 m
From
3.4 m
To
4.2 m
Hole Depth
247.5 m
Intercept Depth
3.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:3.4-4.2
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a strong gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Strong gold grade for underground mining.
  • True width disclosed.

Evidence · table

“16.15”

Context: 0.80

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.51

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 16Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16
Grade Unit
g/t
Intercept
0.8 m
True Width
0.51 m
From
3.4 m
To
4.2 m
Hole Depth
247.5 m
Intercept Depth
3.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:3.4-4.2
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“16.00”

Context: 0.80

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.51

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 667.78Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
667.78
Grade Unit
g/t
Intercept
7.5 m
True Width
4.82 m
From
19.15 m
To
26.65 m
Hole Depth
247.5 m
Intercept Depth
19.15 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:19.15-26.65
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept represents an exceptionally high-grade gold zone over a significant width, making it a bonanza intercept with very high materiality and novelty. The true width is disclosed, adding confidence.

Positive factors

  • Bonanza gold grade (667.78 g/t Au) over a significant width (7.50m).
  • Exceptional grade-thickness product (5008 g/t*m).
  • True width disclosed.
  • One of the highest grade-thickness intercepts ever drilled at FDN.

Evidence · table

“667.78”

Context: 7.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.82

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 268.88Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
268.88
Grade Unit
g/t
Intercept
7.5 m
True Width
4.82 m
From
19.15 m
To
26.65 m
Hole Depth
247.5 m
Intercept Depth
19.15 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:19.15-26.65
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Strong silver grade over a significant width, contributing to the overall value of the intercept.

Positive factors

  • Strong silver grade over a significant width.

Evidence · table

“268.88”

Context: 7.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.82

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 4710Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4710
Grade Unit
g/t
Intercept
0.6 m
True Width
0.39 m
From
20.5 m
To
21.1 m
Hole Depth
247.5 m
Intercept Depth
20.5 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:20.5-21.1
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This sub-interval shows an extremely high gold grade, representing a bonanza intercept within the broader high-grade zone. True width is disclosed.

Positive factors

  • Bonanza gold grade (4710 g/t Au) over a narrow width.
  • True width disclosed.

Evidence · table

“4710.00”

Context: 0.60

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 1500Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
1500
Grade Unit
g/t
Intercept
0.6 m
True Width
0.39 m
From
20.5 m
To
21.1 m
Hole Depth
247.5 m
Intercept Depth
20.5 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:20.5-21.1
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Exceptional silver grade over a narrow width, significantly contributing to the overall value of the sub-interval.

Positive factors

  • Exceptional silver grade.

Evidence · table

“1500.00”

Context: 0.60

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 1880Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
1880
Grade Unit
g/t
Intercept
0.5 m
True Width
0.32 m
From
25.6 m
To
26.1 m
Hole Depth
247.5 m
Intercept Depth
25.6 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:25.6-26.1
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This sub-interval shows an extremely high gold grade, representing a bonanza intercept within the broader high-grade zone. True width is disclosed.

Positive factors

  • Bonanza gold grade (1880 g/t Au) over a narrow width.
  • True width disclosed.

Evidence · table

“1880.00”

Context: 0.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.32

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 695Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
695
Grade Unit
g/t
Intercept
0.5 m
True Width
0.32 m
From
25.6 m
To
26.1 m
Hole Depth
247.5 m
Intercept Depth
25.6 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:25.6-26.1
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Exceptional silver grade over a narrow width, significantly contributing to the overall value of the sub-interval.

Positive factors

  • Exceptional silver grade.

Evidence · table

“695.00”

Context: 0.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.32

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 60.19Grade Unit: g/tIntercept: 13.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
60.19
Grade Unit
g/t
Intercept
13.95 m
True Width
8.97 m
From
36.05 m
To
50 m
Hole Depth
247.5 m
Intercept Depth
36.05 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:36.05-50
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept shows an exceptional gold grade over a significant width, indicating a very material result. True width is disclosed.

Positive factors

  • Exceptional gold grade (60.19 g/t Au) over a significant width (13.95m).
  • Exceptional grade-thickness product (839 g/t*m).
  • True width disclosed.

Evidence · table

“60.19”

Context: 13.95

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 8.97

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 81.58Grade Unit: g/tIntercept: 13.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
81.58
Grade Unit
g/t
Intercept
13.95 m
True Width
8.97 m
From
36.05 m
To
50 m
Hole Depth
247.5 m
Intercept Depth
36.05 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:36.05-50
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a significant width, contributing to the overall value of the intercept.

Positive factors

  • Moderate silver grade over a significant width.

Evidence · table

“81.58”

Context: 13.95

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 8.97

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 104.32Grade Unit: g/tIntercept: 7.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
104.32
Grade Unit
g/t
Intercept
7.65 m
True Width
4.92 m
From
41.9 m
To
49.55 m
Hole Depth
247.5 m
Intercept Depth
41.9 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:41.9-49.55
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This sub-interval shows an exceptional gold grade over a significant width, indicating a very material result. True width is disclosed.

Positive factors

  • Exceptional gold grade (104.32 g/t Au) over a significant width (7.65m).
  • Exceptional grade-thickness product (798 g/t*m).
  • True width disclosed.

Evidence · table

“104.32”

Context: 7.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.92

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 128.73Grade Unit: g/tIntercept: 7.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
128.73
Grade Unit
g/t
Intercept
7.65 m
True Width
4.92 m
From
41.9 m
To
49.55 m
Hole Depth
247.5 m
Intercept Depth
41.9 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:41.9-49.55
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a significant width, contributing to the overall value of the sub-interval.

Positive factors

  • Moderate silver grade over a significant width.

Evidence · table

“128.73”

Context: 7.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.92

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 16.61Grade Unit: g/tIntercept: 2.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.61
Grade Unit
g/t
Intercept
2.65 m
True Width
1.7 m
From
56.55 m
To
59.2 m
Hole Depth
247.5 m
Intercept Depth
56.55 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:56.55-59.2
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a strong gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Strong gold grade for underground mining.
  • True width disclosed.

Evidence · table

“16.61”

Context: 2.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.7

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 25.89Grade Unit: g/tIntercept: 2.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
25.89
Grade Unit
g/t
Intercept
2.65 m
True Width
1.7 m
From
56.55 m
To
59.2 m
Hole Depth
247.5 m
Intercept Depth
56.55 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:56.55-59.2
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“25.89”

Context: 2.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.7

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 103Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
103
Grade Unit
g/t
Intercept
0.4 m
True Width
0.26 m
From
58.1 m
To
58.5 m
Hole Depth
247.5 m
Intercept Depth
58.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:58.1-58.5
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“103.00”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.26

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 91.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
91.4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.26 m
From
58.1 m
To
58.5 m
Hole Depth
247.5 m
Intercept Depth
58.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:58.1-58.5
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a very narrow width, likely a byproduct credit.

Positive factors

  • Moderate silver grade.

Evidence · table

“91.40”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.26

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 44.98Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
44.98
Grade Unit
g/t
Intercept
3.4 m
True Width
2.4 m
From
74.7 m
To
78.1 m
Hole Depth
247.5 m
Intercept Depth
74.7 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:74.7-78.1
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“44.98”

Context: 3.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.4

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 47.47Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
47.47
Grade Unit
g/t
Intercept
3.4 m
True Width
2.4 m
From
74.7 m
To
78.1 m
Hole Depth
247.5 m
Intercept Depth
74.7 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:74.7-78.1
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“47.47”

Context: 3.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.4

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 8.41Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.41
Grade Unit
g/t
Intercept
1.75 m
True Width
1.24 m
From
90.5 m
To
92.25 m
Hole Depth
247.5 m
Intercept Depth
90.5 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:90.5-92.25
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“8.41”

Context: 1.75

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.24

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 11.31Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.31
Grade Unit
g/t
Intercept
1.75 m
True Width
1.24 m
From
90.5 m
To
92.25 m
Hole Depth
247.5 m
Intercept Depth
90.5 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:90.5-92.25
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“11.31”

Context: 1.75

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.24

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 33.5Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
33.5
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
90.9 m
To
91.3 m
Hole Depth
247.5 m
Intercept Depth
90.9 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:90.9-91.3
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“33.50”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.28

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 27.1Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.1
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
90.9 m
To
91.3 m
Hole Depth
247.5 m
Intercept Depth
90.9 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:90.9-91.3
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“27.10”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.28

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 9.6Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.6
Grade Unit
g/t
Intercept
2.1 m
True Width
1.35 m
From
174.8 m
To
176.9 m
Hole Depth
247.5 m
Intercept Depth
174.8 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:174.8-176.9
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“9.60”

Context: 2.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 42.82Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
42.82
Grade Unit
g/t
Intercept
2.1 m
True Width
1.35 m
From
174.8 m
To
176.9 m
Hole Depth
247.5 m
Intercept Depth
174.8 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:174.8-176.9
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“42.82”

Context: 2.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 18.65Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.65
Grade Unit
g/t
Intercept
1 m
True Width
0.64 m
From
174.8 m
To
175.8 m
Hole Depth
247.5 m
Intercept Depth
174.8 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:174.8-175.8
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a strong gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Strong gold grade for underground mining.
  • True width disclosed.

Evidence · table

“18.65”

Context: 1.00

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.64

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 54.4Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
54.4
Grade Unit
g/t
Intercept
1 m
True Width
0.64 m
From
174.8 m
To
175.8 m
Hole Depth
247.5 m
Intercept Depth
174.8 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:174.8-175.8
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“54.40”

Context: 1.00

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.64

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 11.25Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.25
Grade Unit
g/t
Intercept
1.75 m
True Width
1.24 m
From
213.4 m
To
215.15 m
Hole Depth
247.5 m
Intercept Depth
213.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:213.4-215.15
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“11.25”

Context: 1.75

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.24

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 363.23Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
363.23
Grade Unit
g/t
Intercept
1.75 m
True Width
1.24 m
From
213.4 m
To
215.15 m
Hole Depth
247.5 m
Intercept Depth
213.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:213.4-215.15
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Exceptional silver grade over a narrow width, contributing significantly to the overall value of the intercept.

Positive factors

  • Exceptional silver grade.

Evidence · table

“363.23”

Context: 1.75

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.24

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 4.51Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.51
Grade Unit
g/t
Intercept
1.9 m
True Width
1.34 m
From
244.1 m
To
246 m
Hole Depth
247.5 m
Intercept Depth
244.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:244.1-246
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a weak gold grade over a narrow width, with true width reported.

Positive factors

  • True width disclosed.

Evidence · table

“4.51”

Context: 1.90

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.34

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 76.52Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
76.52
Grade Unit
g/t
Intercept
1.9 m
True Width
1.34 m
From
244.1 m
To
246 m
Hole Depth
247.5 m
Intercept Depth
244.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:244.1-246
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“76.52”

Context: 1.90

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.34

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · goldGrade: 10.95Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.95
Grade Unit
g/t
Intercept
0.45 m
True Width
0.32 m
From
244.8 m
To
245.25 m
Hole Depth
247.5 m
Intercept Depth
244.8 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:244.8-245.25
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“10.95”

Context: 0.45

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.32

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-374FDNS · silverGrade: 264Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-374
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
264
Grade Unit
g/t
Intercept
0.45 m
True Width
0.32 m
From
244.8 m
To
245.25 m
Hole Depth
247.5 m
Intercept Depth
244.8 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-374:244.8-245.25
Mining Method
underground

Location

Easting
778192
Northing
9582548
Elevation
1085 m
Azimuth
130 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Strong silver grade over a very narrow width, contributing to the overall value of the sub-interval.

Positive factors

  • Strong silver grade.

Evidence · table

“264.00”

Context: 0.45

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.32

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-375FDNS · goldGrade: 6.41Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-375
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.41
Grade Unit
g/t
Intercept
1.85 m
True Width
1.84 m
From
18.4 m
To
20.25 m
Hole Depth
70 m
Intercept Depth
18.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-375:18.4-20.25
Mining Method
underground

Location

Easting
778219
Northing
9582534
Elevation
1087 m
Azimuth
115 °
Dip
-10 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“6.41”

Context: 1.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.84

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-375FDNS · silverGrade: 122.03Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-375
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
122.03
Grade Unit
g/t
Intercept
1.85 m
True Width
1.84 m
From
18.4 m
To
20.25 m
Hole Depth
70 m
Intercept Depth
18.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-375:18.4-20.25
Mining Method
underground

Location

Easting
778219
Northing
9582534
Elevation
1087 m
Azimuth
115 °
Dip
-10 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a narrow width, likely a byproduct credit.

Positive factors

  • Moderate silver grade.

Evidence · table

“122.03”

Context: 1.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.84

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · goldGrade: 8.29Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.29
Grade Unit
g/t
Intercept
2.05 m
True Width
1.78 m
From
15.25 m
To
17.3 m
Hole Depth
131.8 m
Intercept Depth
15.25 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:15.25-17.3
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“8.29”

Context: 2.05

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.78

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · silverGrade: 43.63Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
43.63
Grade Unit
g/t
Intercept
2.05 m
True Width
1.78 m
From
15.25 m
To
17.3 m
Hole Depth
131.8 m
Intercept Depth
15.25 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:15.25-17.3
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“43.63”

Context: 2.05

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.78

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · goldGrade: 9.23Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.23
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
15.25 m
To
15.65 m
Hole Depth
131.8 m
Intercept Depth
15.25 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:15.25-15.65
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“9.23”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · silverGrade: 53.8Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
53.8
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
15.25 m
To
15.65 m
Hole Depth
131.8 m
Intercept Depth
15.25 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:15.25-15.65
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“53.80”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · goldGrade: 21.3Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.3
Grade Unit
g/t
Intercept
0.55 m
True Width
0.48 m
From
16.75 m
To
17.3 m
Hole Depth
131.8 m
Intercept Depth
16.75 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:16.75-17.3
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“21.30”

Context: 0.55

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · silverGrade: 51.1Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
51.1
Grade Unit
g/t
Intercept
0.55 m
True Width
0.48 m
From
16.75 m
To
17.3 m
Hole Depth
131.8 m
Intercept Depth
16.75 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:16.75-17.3
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“51.10”

Context: 0.55

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · goldGrade: 13.74Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.74
Grade Unit
g/t
Intercept
4.2 m
True Width
3.64 m
From
35.1 m
To
39.3 m
Hole Depth
131.8 m
Intercept Depth
35.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:35.1-39.3
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“13.74”

Context: 4.20

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.64

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · silverGrade: 13.56Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.56
Grade Unit
g/t
Intercept
4.2 m
True Width
3.64 m
From
35.1 m
To
39.3 m
Hole Depth
131.8 m
Intercept Depth
35.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:35.1-39.3
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“13.56”

Context: 4.20

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.64

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · goldGrade: 123.5Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
123.5
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
38.9 m
To
39.3 m
Hole Depth
131.8 m
Intercept Depth
38.9 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:38.9-39.3
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“123.50”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · silverGrade: 60.3Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
60.3
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
38.9 m
To
39.3 m
Hole Depth
131.8 m
Intercept Depth
38.9 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:38.9-39.3
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“60.30”

Context: 0.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · goldGrade: 32.79Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
32.79
Grade Unit
g/t
Intercept
1.5 m
True Width
1.3 m
From
98.4 m
To
99.9 m
Hole Depth
131.8 m
Intercept Depth
98.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:98.4-99.9
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“32.79”

Context: 1.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.3

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · silverGrade: 77.79Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
77.79
Grade Unit
g/t
Intercept
1.5 m
True Width
1.3 m
From
98.4 m
To
99.9 m
Hole Depth
131.8 m
Intercept Depth
98.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:98.4-99.9
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“77.79”

Context: 1.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.3

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · goldGrade: 91.6Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
91.6
Grade Unit
g/t
Intercept
0.5 m
True Width
0.43 m
From
98.4 m
To
98.9 m
Hole Depth
131.8 m
Intercept Depth
98.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:98.4-98.9
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“91.60”

Context: 0.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.43

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · silverGrade: 181Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
181
Grade Unit
g/t
Intercept
0.5 m
True Width
0.43 m
From
98.4 m
To
98.9 m
Hole Depth
131.8 m
Intercept Depth
98.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:98.4-98.9
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a very narrow width, likely a byproduct credit.

Positive factors

  • Moderate silver grade.

Evidence · table

“181.00”

Context: 0.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.43

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · goldGrade: 5.54Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.54
Grade Unit
g/t
Intercept
1.65 m
True Width
1.43 m
From
121.65 m
To
123.3 m
Hole Depth
131.8 m
Intercept Depth
121.65 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:121.65-123.3
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“5.54”

Context: 1.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.43

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · silverGrade: 6.66Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.66
Grade Unit
g/t
Intercept
1.65 m
True Width
1.43 m
From
121.65 m
To
123.3 m
Hole Depth
131.8 m
Intercept Depth
121.65 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:121.65-123.3
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“6.66”

Context: 1.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.43

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · goldGrade: 12.65Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.65
Grade Unit
g/t
Intercept
0.55 m
True Width
0.48 m
From
122.05 m
To
122.6 m
Hole Depth
131.8 m
Intercept Depth
122.05 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:122.05-122.6
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“12.65”

Context: 0.55

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-376FDNS · silverGrade: 8.1Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-376
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.1
Grade Unit
g/t
Intercept
0.55 m
True Width
0.48 m
From
122.05 m
To
122.6 m
Hole Depth
131.8 m
Intercept Depth
122.05 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-376:122.05-122.6
Mining Method
underground

Location

Easting
778215
Northing
9582432
Elevation
1088 m
Azimuth
340 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“8.10”

Context: 0.55

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 85.45Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
85.45
Grade Unit
g/t
Intercept
5.2 m
True Width
3.68 m
From
8.7 m
To
13.9 m
Hole Depth
121.4 m
Intercept Depth
8.7 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:8.7-13.9
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a significant width, indicating a very material result. True width is disclosed.

Positive factors

  • Exceptional gold grade (85.45 g/t Au) over a significant width (5.20m).
  • Exceptional grade-thickness product (444 g/t*m).
  • True width disclosed.

Evidence · table

“85.45”

Context: 5.20

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.68

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 80.98Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
80.98
Grade Unit
g/t
Intercept
5.2 m
True Width
3.68 m
From
8.7 m
To
13.9 m
Hole Depth
121.4 m
Intercept Depth
8.7 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:8.7-13.9
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a significant width, contributing to the overall value of the intercept.

Positive factors

  • Moderate silver grade over a significant width.

Evidence · table

“80.98”

Context: 5.20

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.68

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 204.82Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
204.82
Grade Unit
g/t
Intercept
1.5 m
True Width
1.06 m
From
12.4 m
To
13.9 m
Hole Depth
121.4 m
Intercept Depth
12.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:12.4-13.9
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“204.82”

Context: 1.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.06

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 211.03Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
211.03
Grade Unit
g/t
Intercept
1.5 m
True Width
1.06 m
From
12.4 m
To
13.9 m
Hole Depth
121.4 m
Intercept Depth
12.4 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:12.4-13.9
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Strong silver grade over a narrow width, contributing to the overall value of the sub-interval.

Positive factors

  • Strong silver grade.

Evidence · table

“211.03”

Context: 1.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.06

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 8.53Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.53
Grade Unit
g/t
Intercept
2 m
True Width
1.41 m
From
28.3 m
To
30.3 m
Hole Depth
121.4 m
Intercept Depth
28.3 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:28.3-30.3
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“8.53”

Context: 2.00

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.41

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 12.07Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.07
Grade Unit
g/t
Intercept
2 m
True Width
1.41 m
From
28.3 m
To
30.3 m
Hole Depth
121.4 m
Intercept Depth
28.3 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:28.3-30.3
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“12.07”

Context: 2.00

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.41

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 19.75Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.75
Grade Unit
g/t
Intercept
0.6 m
True Width
0.42 m
From
28.3 m
To
28.9 m
Hole Depth
121.4 m
Intercept Depth
28.3 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:28.3-28.9
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a strong gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Strong gold grade for underground mining.
  • True width disclosed.

Evidence · table

“19.75”

Context: 0.60

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.42

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 18.8Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.8
Grade Unit
g/t
Intercept
0.6 m
True Width
0.42 m
From
28.3 m
To
28.9 m
Hole Depth
121.4 m
Intercept Depth
28.3 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:28.3-28.9
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“18.80”

Context: 0.60

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.42

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 34.41Grade Unit: g/tIntercept: 5.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
34.41
Grade Unit
g/t
Intercept
5.3 m
True Width
3.75 m
From
44.1 m
To
49.4 m
Hole Depth
121.4 m
Intercept Depth
44.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:44.1-49.4
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a significant width, indicating a very material result. True width is disclosed.

Positive factors

  • Exceptional gold grade (34.41 g/t Au) over a significant width (5.30m).
  • Exceptional grade-thickness product (182 g/t*m).
  • True width disclosed.

Evidence · table

“34.41”

Context: 5.30

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 25.3Grade Unit: g/tIntercept: 5.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
25.3
Grade Unit
g/t
Intercept
5.3 m
True Width
3.75 m
From
44.1 m
To
49.4 m
Hole Depth
121.4 m
Intercept Depth
44.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:44.1-49.4
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a significant width, likely a byproduct credit.

Evidence · table

“25.30”

Context: 5.30

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 80.55Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
80.55
Grade Unit
g/t
Intercept
2.2 m
True Width
1.56 m
From
44.1 m
To
46.3 m
Hole Depth
121.4 m
Intercept Depth
44.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:44.1-46.3
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“80.55”

Context: 2.20

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.56

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 45.05Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
45.05
Grade Unit
g/t
Intercept
2.2 m
True Width
1.56 m
From
44.1 m
To
46.3 m
Hole Depth
121.4 m
Intercept Depth
44.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:44.1-46.3
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“45.05”

Context: 2.20

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.56

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 84.48Grade Unit: g/tIntercept: 10.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
84.48
Grade Unit
g/t
Intercept
10.1 m
True Width
7.14 m
From
61.3 m
To
71.4 m
Hole Depth
121.4 m
Intercept Depth
61.3 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:61.3-71.4
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a significant width, indicating a very material result. True width is disclosed.

Positive factors

  • Exceptional gold grade (84.48 g/t Au) over a significant width (10.10m).
  • Exceptional grade-thickness product (853 g/t*m).
  • True width disclosed.

Evidence · table

“84.48”

Context: 10.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 7.14

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 56.86Grade Unit: g/tIntercept: 10.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
56.86
Grade Unit
g/t
Intercept
10.1 m
True Width
7.14 m
From
61.3 m
To
71.4 m
Hole Depth
121.4 m
Intercept Depth
61.3 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:61.3-71.4
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a significant width, likely a byproduct credit.

Positive factors

  • Moderate silver grade over a significant width.

Evidence · table

“56.86”

Context: 10.10

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 7.14

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 217.95Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
217.95
Grade Unit
g/t
Intercept
3.5 m
True Width
2.47 m
From
64.1 m
To
71.4 m
Hole Depth
121.4 m
Intercept Depth
64.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:64.1-71.4
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“217.95”

Context: 3.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.47

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 45.21Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
45.21
Grade Unit
g/t
Intercept
3.5 m
True Width
2.47 m
From
64.1 m
To
71.4 m
Hole Depth
121.4 m
Intercept Depth
64.1 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:64.1-71.4
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“45.21”

Context: 3.50

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.47

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 13.32Grade Unit: g/tIntercept: 5.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.32
Grade Unit
g/t
Intercept
5.75 m
True Width
4.07 m
From
79.15 m
To
84.9 m
Hole Depth
121.4 m
Intercept Depth
79.15 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:79.15-84.9
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a significant width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“13.32”

Context: 5.75

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.07

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 33.79Grade Unit: g/tIntercept: 5.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
33.79
Grade Unit
g/t
Intercept
5.75 m
True Width
4.07 m
From
79.15 m
To
84.9 m
Hole Depth
121.4 m
Intercept Depth
79.15 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:79.15-84.9
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a significant width, likely a byproduct credit.

Evidence · table

“33.79”

Context: 5.75

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.07

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 31.77Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
31.77
Grade Unit
g/t
Intercept
1.95 m
True Width
1.38 m
From
80.55 m
To
82.5 m
Hole Depth
121.4 m
Intercept Depth
80.55 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:80.55-82.5
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“31.77”

Context: 1.95

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 38.08Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
38.08
Grade Unit
g/t
Intercept
1.95 m
True Width
1.38 m
From
80.55 m
To
82.5 m
Hole Depth
121.4 m
Intercept Depth
80.55 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:80.55-82.5
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“38.08”

Context: 1.95

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 15.68Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.68
Grade Unit
g/t
Intercept
1.65 m
True Width
1.17 m
From
105.05 m
To
106.7 m
Hole Depth
121.4 m
Intercept Depth
105.05 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:105.05-106.7
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a strong gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Strong gold grade for underground mining.
  • True width disclosed.

Evidence · table

“15.68”

Context: 1.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.17

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 30.48Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
30.48
Grade Unit
g/t
Intercept
1.65 m
True Width
1.17 m
From
105.05 m
To
106.7 m
Hole Depth
121.4 m
Intercept Depth
105.05 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:105.05-106.7
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“30.48”

Context: 1.65

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.17

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · goldGrade: 28.69Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
28.69
Grade Unit
g/t
Intercept
0.85 m
True Width
0.6 m
From
105.45 m
To
106.3 m
Hole Depth
121.4 m
Intercept Depth
105.45 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:105.45-106.3
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows an exceptional gold grade over a very narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Exceptional gold grade for underground mining.
  • True width disclosed.

Evidence · table

“28.69”

Context: 0.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.6

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C25-377FDNS · silverGrade: 31.92Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C25-377
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
31.92
Grade Unit
g/t
Intercept
0.85 m
True Width
0.6 m
From
105.45 m
To
106.3 m
Hole Depth
121.4 m
Intercept Depth
105.45 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C25-377:105.45-106.3
Mining Method
underground

Location

Easting
778192
Northing
9582547
Elevation
1085 m
Azimuth
154 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a very narrow width, likely a byproduct credit.

Evidence · table

“31.92”

Context: 0.85

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.6

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · goldGrade: 9.06Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.06
Grade Unit
g/t
Intercept
1.9 m
True Width
1.84 m
From
52.9 m
To
54.8 m
Hole Depth
110 m
Intercept Depth
52.9 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C26-378:52.9-54.8
Mining Method
underground

Location

Easting
778192
Northing
9582546
Elevation
1086 m
Azimuth
160 °
Dip
-18 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The intercept shows a moderate gold grade over a narrow width, typical for underground epithermal veins, with true width reported.

Positive factors

  • Moderate gold grade for underground mining.
  • True width disclosed.

Evidence · table

“9.06”

Context: 1.90

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.84

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · silverGrade: 9.72Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.72
Grade Unit
g/t
Intercept
1.9 m
True Width
1.84 m
From
52.9 m
To
54.8 m
Hole Depth
110 m
Intercept Depth
52.9 m

Classification

Deposit Type
epithermal
Program
resource
Sample Type
drill
Group ID
FDN-C26-378:52.9-54.8
Mining Method
underground

Location

Easting
778192
Northing
9582546
Elevation
1086 m
Azimuth
160 °
Dip
-18 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low silver grade over a narrow width, likely a byproduct credit.

Evidence · table

“9.72”

Context: 1.90

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.84

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · goldGrade: 22.4Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.4
Grade Unit
g/t
Intercept
0.6 m
True Width
0.58 m
From
54.2 m
To
54.8 m
Intercept Depth
54.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-378:54.2-54.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 22.4 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.4 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 22.4 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“22.40”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.58

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · silverGrade: 14.4Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.4
Grade Unit
g/t
Intercept
0.6 m
True Width
0.58 m
From
54.2 m
To
54.8 m
Intercept Depth
54.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-378:54.2-54.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 14.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 8.6 g/t·m is below.

Negative factors

  • 14.4 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

“14.40”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.58

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · goldGrade: 9.63Grade Unit: g/tIntercept: 5.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.63
Grade Unit
g/t
Intercept
5.3 m
True Width
5.12 m
From
65.15 m
To
70.45 m
Intercept Depth
65.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-378:65.15-70.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 9.63 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 51.0 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 9.63 g/t gold is strong on the underground mining band.

Negative factors

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

Evidence · table

“9.63”

Context: FDN-C26-378

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.12

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · silverGrade: 16.25Grade Unit: g/tIntercept: 5.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.25
Grade Unit
g/t
Intercept
5.3 m
True Width
5.12 m
From
65.15 m
To
70.45 m
Intercept Depth
65.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-378:65.15-70.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 16.25 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 86.1 g/t·m is below.

Negative factors

  • 16.25 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

“16.25”

Context: FDN-C26-378

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.12

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · goldGrade: 27.54Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.54
Grade Unit
g/t
Intercept
1.45 m
True Width
1.4 m
From
65.15 m
To
66.6 m
Intercept Depth
65.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-378:65.15-66.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 27.54 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 39.9 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 27.54 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“27.54”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.4

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · silverGrade: 16.94Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.94
Grade Unit
g/t
Intercept
1.45 m
True Width
1.4 m
From
65.15 m
To
66.6 m
Intercept Depth
65.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-378:65.15-66.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 16.94 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 24.6 g/t·m is below.

Negative factors

  • 16.94 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

“16.94”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.4

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · goldGrade: 5.13Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.13
Grade Unit
g/t
Intercept
4.2 m
True Width
4.06 m
From
105.8 m
To
110 m
Intercept Depth
105.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-378:105.8-110
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 5.13 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 21.5 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

“5.13”

Context: FDN-C26-378

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.06

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · silverGrade: 42.88Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
42.88
Grade Unit
g/t
Intercept
4.2 m
True Width
4.06 m
From
105.8 m
To
110 m
Intercept Depth
105.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-378:105.8-110
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 42.88 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 180.1 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

“42.88”

Context: FDN-C26-378

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.06

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · goldGrade: 10.27Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.27
Grade Unit
g/t
Intercept
1.6 m
True Width
1.55 m
From
107.2 m
To
108.8 m
Intercept Depth
107.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-378:107.2-108.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 10.27 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.27 g/t gold is strong on the underground mining band.

Negative factors

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

Evidence · table

“10.27”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.55

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-378FDNS · silverGrade: 79.08Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-378
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
79.08
Grade Unit
g/t
Intercept
1.6 m
True Width
1.55 m
From
107.2 m
To
108.8 m
Intercept Depth
107.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-378:107.2-108.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 79.08 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 126.5 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

“79.08”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.55

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · goldGrade: 7.38Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.38
Grade Unit
g/t
Intercept
3.5 m
True Width
2.47 m
From
16.7 m
To
20.2 m
Intercept Depth
16.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:16.7-20.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 7.38 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 25.8 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 7.38 g/t gold is strong on the underground mining band.

Negative factors

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

Evidence · table

“7.38”

Context: FDN-C26-379

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.47

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · silverGrade: 9.3Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.3
Grade Unit
g/t
Intercept
3.5 m
True Width
2.47 m
From
16.7 m
To
20.2 m
Intercept Depth
16.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:16.7-20.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 9.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 32.6 g/t·m is below.

Negative factors

  • 9.3 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

“9.30”

Context: FDN-C26-379

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.47

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · goldGrade: 14.17Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.17
Grade Unit
g/t
Intercept
1.1 m
True Width
0.78 m
From
16.7 m
To
17.8 m
Intercept Depth
16.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:16.7-17.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 14.17 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 14.17 g/t gold is strong on the underground mining band.

Negative factors

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

Evidence · table

“14.17”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.78

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · silverGrade: 10.62Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.62
Grade Unit
g/t
Intercept
1.1 m
True Width
0.78 m
From
16.7 m
To
17.8 m
Intercept Depth
16.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:16.7-17.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 10.62 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.7 g/t·m is below.

Negative factors

  • 10.62 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

“10.62”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.78

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · goldGrade: 9.38Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.38
Grade Unit
g/t
Intercept
2.35 m
True Width
1.66 m
From
21.4 m
To
23.75 m
Intercept Depth
21.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:21.4-23.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 9.38 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 9.38 g/t gold is strong on the underground mining band.

Negative factors

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

Evidence · table

“9.38”

Context: FDN-C26-379

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.66

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · silverGrade: 28.32Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
28.32
Grade Unit
g/t
Intercept
2.35 m
True Width
1.66 m
From
21.4 m
To
23.75 m
Intercept Depth
21.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:21.4-23.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 28.32 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 66.6 g/t·m is below.

Negative factors

  • 28.32 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

“28.32”

Context: FDN-C26-379

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.66

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · goldGrade: 37.9Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
37.9
Grade Unit
g/t
Intercept
0.5 m
True Width
0.35 m
From
23.25 m
To
23.75 m
Intercept Depth
23.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:23.25-23.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 37.9 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 18.9 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 37.9 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“37.90”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · silverGrade: 75.6Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
75.6
Grade Unit
g/t
Intercept
0.5 m
True Width
0.35 m
From
23.25 m
To
23.75 m
Intercept Depth
23.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:23.25-23.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 75.6 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 37.8 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

“75.60”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · goldGrade: 16.13Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.13
Grade Unit
g/t
Intercept
7 m
True Width
3.5 m
From
54.45 m
To
61.45 m
Intercept Depth
54.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:54.45-61.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 16.13 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 112.9 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.13 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“16.13”

Context: FDN-C26-379

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · silverGrade: 11.5Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.5
Grade Unit
g/t
Intercept
7 m
True Width
3.5 m
From
54.45 m
To
61.45 m
Intercept Depth
54.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:54.45-61.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 11.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 80.5 g/t·m is below.

Negative factors

  • 11.5 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

“11.50”

Context: FDN-C26-379

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · goldGrade: 31.42Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
31.42
Grade Unit
g/t
Intercept
3.25 m
True Width
1.63 m
From
58.2 m
To
61.45 m
Intercept Depth
58.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:58.2-61.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 31.42 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 102.1 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 31.42 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“31.42”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.63

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · silverGrade: 16.72Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.72
Grade Unit
g/t
Intercept
3.25 m
True Width
1.63 m
From
58.2 m
To
61.45 m
Intercept Depth
58.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:58.2-61.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 16.72 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 54.3 g/t·m is below.

Negative factors

  • 16.72 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

“16.72”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.63

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · goldGrade: 3.17Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.17
Grade Unit
g/t
Intercept
3.1 m
True Width
1.78 m
From
96.1 m
To
99.2 m
Intercept Depth
96.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:96.1-99.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 3.17 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.8 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

“3.17”

Context: FDN-C26-379

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.78

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · silverGrade: 5.6Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.6
Grade Unit
g/t
Intercept
3.1 m
True Width
1.78 m
From
96.1 m
To
99.2 m
Intercept Depth
96.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:96.1-99.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 5.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 17.4 g/t·m is below.

Negative factors

  • 5.6 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

“5.60”

Context: FDN-C26-379

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.78

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · goldGrade: 4.46Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.46
Grade Unit
g/t
Intercept
3 m
True Width
1.72 m
From
107 m
To
110 m
Intercept Depth
107 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:107-110
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 4.46 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.4 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

“4.46”

Context: FDN-C26-379

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.72

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · silverGrade: 4.61Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.61
Grade Unit
g/t
Intercept
3 m
True Width
1.72 m
From
107 m
To
110 m
Intercept Depth
107 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:107-110
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 4.61 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.8 g/t·m is below.

Negative factors

  • 4.61 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

“4.61”

Context: FDN-C26-379

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.72

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · goldGrade: 11.2Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.2
Grade Unit
g/t
Intercept
0.45 m
True Width
0.26 m
From
108.9 m
To
109.35 m
Intercept Depth
108.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:108.9-109.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 11.2 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 5.0 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 11.2 g/t gold is strong on the underground mining band.

Negative factors

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

Evidence · table

“11.20”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.26

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-379FDNS · silverGrade: 6.4Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-379
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.4
Grade Unit
g/t
Intercept
0.45 m
True Width
0.26 m
From
108.9 m
To
109.35 m
Intercept Depth
108.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-379:108.9-109.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 6.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.9 g/t·m is below.

Negative factors

  • 6.4 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

“6.40”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.26

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · goldGrade: 523.01Grade Unit: g/tIntercept: 8.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
523.01
Grade Unit
g/t
Intercept
8.25 m
True Width
6.32 m
From
22.55 m
To
30.8 m
Intercept Depth
22.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:22.55-30.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 523.01 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 4314.8 g/t·m is exceptional.

Positive factors

  • 523.01 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“523.01”

Context: FDN-C26-380

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.32

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · silverGrade: 134.92Grade Unit: g/tIntercept: 8.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
134.92
Grade Unit
g/t
Intercept
8.25 m
True Width
6.32 m
From
22.55 m
To
30.8 m
Intercept Depth
22.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:22.55-30.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 134.92 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1113.1 g/t·m is moderate.

Negative factors

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

Evidence · table

“134.92”

Context: FDN-C26-380

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.32

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · goldGrade: 2389.51Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2389.51
Grade Unit
g/t
Intercept
1.8 m
True Width
1.38 m
From
23.8 m
To
25.6 m
Intercept Depth
23.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:23.8-25.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 2389.51 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 4301.1 g/t·m is exceptional.

Positive factors

  • 2389.51 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“2389.51”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · silverGrade: 592.06Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
592.06
Grade Unit
g/t
Intercept
1.8 m
True Width
1.38 m
From
23.8 m
To
25.6 m
Intercept Depth
23.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:23.8-25.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 592.06 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 1065.7 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

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

Negative factors

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

Evidence · table

“592.06”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · goldGrade: 32.94Grade Unit: g/tIntercept: 4.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
32.94
Grade Unit
g/t
Intercept
4.55 m
True Width
3.49 m
From
39.45 m
To
44 m
Intercept Depth
39.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:39.45-44
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 32.94 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 149.9 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 32.94 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“32.94”

Context: FDN-C26-380

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.49

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · silverGrade: 27.59Grade Unit: g/tIntercept: 4.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.59
Grade Unit
g/t
Intercept
4.55 m
True Width
3.49 m
From
39.45 m
To
44 m
Intercept Depth
39.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:39.45-44
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 27.59 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 125.5 g/t·m is below.

Negative factors

  • 27.59 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

“27.59”

Context: FDN-C26-380

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.49

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · goldGrade: 75.79Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
75.79
Grade Unit
g/t
Intercept
1.9 m
True Width
1.46 m
From
41.1 m
To
43 m
Intercept Depth
41.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:41.1-43
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 75.79 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 144.0 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 75.79 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“75.79”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.46

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · silverGrade: 53.36Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
53.36
Grade Unit
g/t
Intercept
1.9 m
True Width
1.46 m
From
41.1 m
To
43 m
Intercept Depth
41.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:41.1-43
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 53.36 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 101.4 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

“53.36”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.46

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · goldGrade: 6.39Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.39
Grade Unit
g/t
Intercept
2.2 m
True Width
1.69 m
From
62.2 m
To
64.4 m
Intercept Depth
62.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:62.2-64.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 6.39 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.1 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

“6.39”

Context: FDN-C26-380

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.69

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · silverGrade: 10.01Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.01
Grade Unit
g/t
Intercept
2.2 m
True Width
1.69 m
From
62.2 m
To
64.4 m
Intercept Depth
62.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:62.2-64.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 10.01 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 22.0 g/t·m is below.

Negative factors

  • 10.01 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

“10.01”

Context: FDN-C26-380

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.69

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · goldGrade: 15.1Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.1
Grade Unit
g/t
Intercept
0.6 m
True Width
0.46 m
From
62.2 m
To
62.8 m
Intercept Depth
62.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:62.2-62.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 15.1 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.1 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.1 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“15.10”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.46

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · silverGrade: 12.7Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.7
Grade Unit
g/t
Intercept
0.6 m
True Width
0.46 m
From
62.2 m
To
62.8 m
Intercept Depth
62.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:62.2-62.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 12.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.6 g/t·m is below.

Negative factors

  • 12.7 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

“12.70”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.46

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · goldGrade: 9.02Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.02
Grade Unit
g/t
Intercept
2.8 m
True Width
2.14 m
From
92 m
To
94.8 m
Intercept Depth
92 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:92-94.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 9.02 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 25.3 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 9.02 g/t gold is strong on the underground mining band.

Negative factors

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

Evidence · table

“9.02”

Context: FDN-C26-380

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.14

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · silverGrade: 10.32Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.32
Grade Unit
g/t
Intercept
2.8 m
True Width
2.14 m
From
92 m
To
94.8 m
Intercept Depth
92 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:92-94.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 10.32 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 28.9 g/t·m is below.

Negative factors

  • 10.32 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

“10.32”

Context: FDN-C26-380

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.14

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · goldGrade: 23.2Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.2
Grade Unit
g/t
Intercept
1.05 m
True Width
0.8 m
From
93.1 m
To
94.15 m
Intercept Depth
93.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:93.1-94.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 23.2 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 24.4 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 23.2 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“23.20”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.8

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-380FDNS · silverGrade: 17.6Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-380
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.6
Grade Unit
g/t
Intercept
1.05 m
True Width
0.8 m
From
93.1 m
To
94.15 m
Intercept Depth
93.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-380:93.1-94.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 17.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 18.5 g/t·m is below.

Negative factors

  • 17.6 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

“17.60”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.8

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · goldGrade: 6.23Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.23
Grade Unit
g/t
Intercept
1.4 m
True Width
1.35 m
From
9.2 m
To
10.6 m
Intercept Depth
9.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:9.2-10.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 6.23 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.7 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

“6.23”

Context: FDN-C26-381

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · silverGrade: 6.83Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.83
Grade Unit
g/t
Intercept
1.4 m
True Width
1.35 m
From
9.2 m
To
10.6 m
Intercept Depth
9.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:9.2-10.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 6.83 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.6 g/t·m is below.

Negative factors

  • 6.83 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

“6.83”

Context: FDN-C26-381

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.35

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · goldGrade: 20.3Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.3
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
9.2 m
To
9.6 m
Intercept Depth
9.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:9.2-9.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 20.3 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.1 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 20.3 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“20.30”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · silverGrade: 13.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
9.2 m
To
9.6 m
Intercept Depth
9.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:9.2-9.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 13.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.4 g/t·m is below.

Negative factors

  • 13.4 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

“13.40”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · goldGrade: 4.63Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.63
Grade Unit
g/t
Intercept
3.3 m
True Width
3.19 m
From
30 m
To
33.3 m
Intercept Depth
30 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:30-33.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 4.63 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.3 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

“4.63”

Context: FDN-C26-381

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.19

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · silverGrade: 20.63Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.63
Grade Unit
g/t
Intercept
3.3 m
True Width
3.19 m
From
30 m
To
33.3 m
Intercept Depth
30 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:30-33.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 20.63 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 68.1 g/t·m is below.

Negative factors

  • 20.63 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

“20.63”

Context: FDN-C26-381

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.19

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · goldGrade: 13.3Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.3
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
32 m
To
32.4 m
Intercept Depth
32 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:32-32.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 13.3 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 5.3 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 13.3 g/t gold is strong on the underground mining band.

Negative factors

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

Evidence · table

“13.30”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · silverGrade: 13.9Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.9
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
32 m
To
32.4 m
Intercept Depth
32 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:32-32.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 13.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.6 g/t·m is below.

Negative factors

  • 13.9 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

“13.90”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · goldGrade: 7.26Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.26
Grade Unit
g/t
Intercept
1.25 m
True Width
1.21 m
From
41.2 m
To
42.45 m
Intercept Depth
41.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:41.2-42.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 7.26 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.1 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 7.26 g/t gold is strong on the underground mining band.

Negative factors

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

Evidence · table

“7.26”

Context: FDN-C26-381

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.21

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · silverGrade: 8.32Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.32
Grade Unit
g/t
Intercept
1.25 m
True Width
1.21 m
From
41.2 m
To
42.45 m
Intercept Depth
41.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:41.2-42.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 8.32 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.4 g/t·m is below.

Negative factors

  • 8.32 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

“8.32”

Context: FDN-C26-381

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.21

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · goldGrade: 23.19Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.19
Grade Unit
g/t
Intercept
5.2 m
True Width
5.02 m
From
49.05 m
To
54.25 m
Intercept Depth
49.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:49.05-54.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 23.19 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 120.6 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 23.19 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“23.19”

Context: FDN-C26-381

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.02

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · silverGrade: 18.82Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.82
Grade Unit
g/t
Intercept
5.2 m
True Width
5.02 m
From
49.05 m
To
54.25 m
Intercept Depth
49.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:49.05-54.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 18.82 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 97.9 g/t·m is below.

Negative factors

  • 18.82 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

“18.82”

Context: FDN-C26-381

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.02

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · goldGrade: 86.14Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
86.14
Grade Unit
g/t
Intercept
1.25 m
True Width
1.21 m
From
53 m
To
54.25 m
Intercept Depth
53 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:53-54.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 86.14 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 107.7 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 86.14 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“86.14”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.21

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-381FDNS · silverGrade: 30.78Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-381
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
30.78
Grade Unit
g/t
Intercept
1.25 m
True Width
1.21 m
From
53 m
To
54.25 m
Intercept Depth
53 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-381:53-54.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 30.78 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 38.5 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

“30.78”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.21

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-382FDNS · goldGrade: 17.23Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-382
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.23
Grade Unit
g/t
Intercept
3.3 m
True Width
2.53 m
From
33.4 m
To
36.7 m
Intercept Depth
33.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-382:33.4-36.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 17.23 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 56.9 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 17.23 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“17.23”

Context: FDN-C26-382

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.53

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-382FDNS · silverGrade: 22.25Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-382
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.25
Grade Unit
g/t
Intercept
3.3 m
True Width
2.53 m
From
33.4 m
To
36.7 m
Intercept Depth
33.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-382:33.4-36.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 22.25 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 73.4 g/t·m is below.

Negative factors

  • 22.25 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

“22.25”

Context: FDN-C26-382

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.53

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-382FDNS · goldGrade: 28.03Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-382
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
28.03
Grade Unit
g/t
Intercept
1.9 m
True Width
1.46 m
From
33.4 m
To
35.3 m
Intercept Depth
33.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-382:33.4-35.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 28.03 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 53.3 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 28.03 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“28.03”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.46

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-382FDNS · silverGrade: 32.69Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-382
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
32.69
Grade Unit
g/t
Intercept
1.9 m
True Width
1.46 m
From
33.4 m
To
35.3 m
Intercept Depth
33.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-382:33.4-35.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 32.69 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 62.1 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

“32.69”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.46

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-382FDNS · goldGrade: 11.32Grade Unit: g/tIntercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-382
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.32
Grade Unit
g/t
Intercept
7.45 m
True Width
5.71 m
From
40.75 m
To
48.2 m
Intercept Depth
40.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-382:40.75-48.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 11.32 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 84.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 11.32 g/t gold is strong on the underground mining band.

Negative factors

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

Evidence · table

“11.32”

Context: FDN-C26-382

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.71

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-382FDNS · silverGrade: 19.88Grade Unit: g/tIntercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-382
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.88
Grade Unit
g/t
Intercept
7.45 m
True Width
5.71 m
From
40.75 m
To
48.2 m
Intercept Depth
40.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-382:40.75-48.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 19.88 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 148.1 g/t·m is below.

Negative factors

  • 19.88 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

“19.88”

Context: FDN-C26-382

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.71

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-382FDNS · goldGrade: 26.12Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-382
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
26.12
Grade Unit
g/t
Intercept
2.3 m
True Width
1.76 m
From
45.9 m
To
48.2 m
Intercept Depth
45.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-382:45.9-48.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 26.12 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 60.1 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 26.12 g/t gold is exceptional on the underground mining band.

Negative factors

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

Evidence · table

“26.12”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.76

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-382FDNS · silverGrade: 27.7Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-382
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.7
Grade Unit
g/t
Intercept
2.3 m
True Width
1.76 m
From
45.9 m
To
48.2 m
Intercept Depth
45.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-382:45.9-48.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 27.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 63.7 g/t·m is below.

Negative factors

  • 27.7 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

“27.70”

Context: Including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.76

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-384FDNS · goldGrade: 5.06Grade Unit: g/tIntercept: 7.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-384
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.06
Grade Unit
g/t
Intercept
7.65 m
True Width
6.27 m
From
29.55 m
To
37.2 m
Intercept Depth
29.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-384:29.55-37.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 5.06 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 38.7 g/t·m is moderate.

Negative factors

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

Evidence · table

“5.06”

Context: FDN-C26-384

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.27

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-384FDNS · silverGrade: 8.7Grade Unit: g/tIntercept: 7.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-384
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.7
Grade Unit
g/t
Intercept
7.65 m
True Width
6.27 m
From
29.55 m
To
37.2 m
Intercept Depth
29.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-384:29.55-37.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Expanded from assay table. 8.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 66.6 g/t·m is below.

Negative factors

  • 8.7 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

“8.70”

Context: FDN-C26-384

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.27

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-384FDNS · goldGrade: 12.28Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-384
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.28
Grade Unit
g/t
Intercept
2.3 m
True Width
1.88 m
From
34.9 m
To
37.2 m
Intercept Depth
34.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-384:34.9-37.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 12.28 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 28.2 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 12.28 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“12.28”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.88

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-384FDNS · silverGrade: 11.51Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-384
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.51
Grade Unit
g/t
Intercept
2.3 m
True Width
1.88 m
From
34.9 m
To
37.2 m
Intercept Depth
34.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-384:34.9-37.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 11.51 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 26.5 g/t·m is below.

Negative factors

  • 11.51 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

“11.51”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.88

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-384FDNS · goldGrade: 44.09Grade Unit: g/tIntercept: 15.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-384
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
44.09
Grade Unit
g/t
Intercept
15.3 m
True Width
12.53 m
From
86.45 m
To
101.75 m
Intercept Depth
86.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-384:86.45-101.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 44.09 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 674.6 g/t·m is exceptional.

Positive factors

  • 44.09 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“44.09”

Context: FDN-C26-384

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.53

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-384FDNS · silverGrade: 16.98Grade Unit: g/tIntercept: 15.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-384
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.98
Grade Unit
g/t
Intercept
15.3 m
True Width
12.53 m
From
86.45 m
To
101.75 m
Intercept Depth
86.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-384:86.45-101.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 16.98 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 259.8 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“16.98”

Context: FDN-C26-384

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.53

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-384FDNS · goldGrade: 18.85Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-384
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.85
Grade Unit
g/t
Intercept
1.6 m
True Width
1.31 m
From
88.85 m
To
90.45 m
Intercept Depth
88.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-384:88.85-90.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 18.85 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.2 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 18.85 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“18.85”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.31

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-384FDNS · silverGrade: 6.42Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-384
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.42
Grade Unit
g/t
Intercept
1.6 m
True Width
1.31 m
From
88.85 m
To
90.45 m
Intercept Depth
88.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-384:88.85-90.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.42 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.3 g/t·m is below.

Negative factors

  • 6.42 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

“6.42”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.31

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-384FDNS · goldGrade: 111.33Grade Unit: g/tIntercept: 5.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-384
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
111.33
Grade Unit
g/t
Intercept
5.6 m
True Width
4.59 m
From
93 m
To
98.6 m
Intercept Depth
93 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-384:93-98.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 111.33 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 623.4 g/t·m is exceptional.

Positive factors

  • 111.33 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“111.33”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.59

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-384FDNS · silverGrade: 36.72Grade Unit: g/tIntercept: 5.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-384
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
36.72
Grade Unit
g/t
Intercept
5.6 m
True Width
4.59 m
From
93 m
To
98.6 m
Intercept Depth
93 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-384:93-98.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 36.72 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 205.6 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“36.72”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.59

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-385FDNS · goldGrade: 4.71Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-385
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.71
Grade Unit
g/t
Intercept
2.75 m
True Width
2.71 m
From
5.7 m
To
8.45 m
Intercept Depth
5.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-385:5.7-8.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.71 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.0 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

“4.71”

Context: FDN-C26-385

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.71

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-385FDNS · silverGrade: 10.93Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-385
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.93
Grade Unit
g/t
Intercept
2.75 m
True Width
2.71 m
From
5.7 m
To
8.45 m
Intercept Depth
5.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-385:5.7-8.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.93 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 30.1 g/t·m is below.

Negative factors

  • 10.93 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

“10.93”

Context: FDN-C26-385

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.71

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-385FDNS · goldGrade: 8.3Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-385
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.3
Grade Unit
g/t
Intercept
1.4 m
True Width
1.38 m
From
16.6 m
To
18 m
Intercept Depth
16.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-385:16.6-18
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.3 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.3 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.30”

Context: FDN-C26-385

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-385FDNS · silverGrade: 12.79Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-385
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.79
Grade Unit
g/t
Intercept
1.4 m
True Width
1.38 m
From
16.6 m
To
18 m
Intercept Depth
16.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-385:16.6-18
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 12.79 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 17.9 g/t·m is below.

Negative factors

  • 12.79 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

“12.79”

Context: FDN-C26-385

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-386FDNS · goldGrade: 5.19Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-386
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.19
Grade Unit
g/t
Intercept
2.1 m
True Width
1.97 m
From
1.3 m
To
3.4 m
Intercept Depth
1.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-386:1.3-3.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 5.19 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.9 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

“5.19”

Context: FDN-C26-386

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.97

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-386FDNS · silverGrade: 7.47Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-386
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.47
Grade Unit
g/t
Intercept
2.1 m
True Width
1.97 m
From
1.3 m
To
3.4 m
Intercept Depth
1.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-386:1.3-3.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.47 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 15.7 g/t·m is below.

Negative factors

  • 7.47 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

“7.47”

Context: FDN-C26-386

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.97

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-386FDNS · goldGrade: 13.53Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-386
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.53
Grade Unit
g/t
Intercept
3.2 m
True Width
3.01 m
From
58.5 m
To
61.7 m
Intercept Depth
58.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-386:58.5-61.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.53 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 43.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 13.53 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“13.53”

Context: FDN-C26-386

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.01

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-386FDNS · silverGrade: 13.24Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-386
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.24
Grade Unit
g/t
Intercept
3.2 m
True Width
3.01 m
From
58.5 m
To
61.7 m
Intercept Depth
58.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-386:58.5-61.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.24 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 42.4 g/t·m is below.

Negative factors

  • 13.24 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

“13.24”

Context: FDN-C26-386

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.01

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · goldGrade: 3.95Grade Unit: g/tIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.95
Grade Unit
g/t
Intercept
5.9 m
True Width
5.11 m
From
0.4 m
To
6.3 m
Intercept Depth
0.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:0.4-6.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.95 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 23.3 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.95”

Context: FDN-C26-387

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.11

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · silverGrade: 4.77Grade Unit: g/tIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.77
Grade Unit
g/t
Intercept
5.9 m
True Width
5.11 m
From
0.4 m
To
6.3 m
Intercept Depth
0.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:0.4-6.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.77 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 28.1 g/t·m is below.

Negative factors

  • 4.77 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

“4.77”

Context: FDN-C26-387

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.11

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · goldGrade: 18.05Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.05
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
0.4 m
To
0.8 m
Intercept Depth
0.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:0.4-0.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 18.05 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.2 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 18.05 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“18.05”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · silverGrade: 16.3Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.3
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
0.4 m
To
0.8 m
Intercept Depth
0.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:0.4-0.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 16.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.5 g/t·m is below.

Negative factors

  • 16.3 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

“16.30”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · goldGrade: 20.8Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.8
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
5.9 m
To
6.3 m
Intercept Depth
5.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:5.9-6.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 20.8 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.3 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 20.8 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“20.80”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · silverGrade: 3.7Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.7
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
5.9 m
To
6.3 m
Intercept Depth
5.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:5.9-6.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 1.5 g/t·m is below.

Negative factors

  • 3.7 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

“3.70”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · goldGrade: 8.2Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.2
Grade Unit
g/t
Intercept
4.4 m
True Width
3.81 m
From
21.8 m
To
26.2 m
Intercept Depth
21.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:21.8-26.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.2 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 36.1 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 8.2 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.20”

Context: FDN-C26-387

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.81

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · silverGrade: 9.17Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.17
Grade Unit
g/t
Intercept
4.4 m
True Width
3.81 m
From
21.8 m
To
26.2 m
Intercept Depth
21.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:21.8-26.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.17 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 40.3 g/t·m is below.

Negative factors

  • 9.17 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

“9.17”

Context: FDN-C26-387

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.81

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · goldGrade: 83.6Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
83.6
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
23.25 m
To
23.65 m
Intercept Depth
23.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:23.25-23.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 83.6 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 33.4 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 83.6 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“83.60”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · silverGrade: 48.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
48.4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
23.25 m
To
23.65 m
Intercept Depth
23.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:23.25-23.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 48.4 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 19.4 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

“48.40”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · goldGrade: 15.06Grade Unit: g/tIntercept: 5.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.06
Grade Unit
g/t
Intercept
5.25 m
True Width
4.55 m
From
33.65 m
To
38.9 m
Intercept Depth
33.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:33.65-38.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 15.06 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 79.1 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.06 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“15.06”

Context: FDN-C26-387

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.55

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · silverGrade: 15.27Grade Unit: g/tIntercept: 5.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.27
Grade Unit
g/t
Intercept
5.25 m
True Width
4.55 m
From
33.65 m
To
38.9 m
Intercept Depth
33.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:33.65-38.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 15.27 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 80.2 g/t·m is below.

Negative factors

  • 15.27 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

“15.27”

Context: FDN-C26-387

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.55

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · goldGrade: 182.5Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
182.5
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
35.75 m
To
36.15 m
Intercept Depth
35.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:35.75-36.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 182.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 73.0 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 182.5 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“182.50”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · silverGrade: 75.1Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
75.1
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
35.75 m
To
36.15 m
Intercept Depth
35.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:35.75-36.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 75.1 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 30.0 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

“75.10”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · goldGrade: 4.7Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.7
Grade Unit
g/t
Intercept
2.1 m
True Width
1.82 m
From
74.8 m
To
76.9 m
Intercept Depth
74.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:74.8-76.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.7 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.9 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

“4.70”

Context: FDN-C26-387

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.82

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · silverGrade: 2.7Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.7
Grade Unit
g/t
Intercept
2.1 m
True Width
1.82 m
From
74.8 m
To
76.9 m
Intercept Depth
74.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:74.8-76.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 2.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.7 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

“2.70”

Context: FDN-C26-387

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.82

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · goldGrade: 11.3Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.3
Grade Unit
g/t
Intercept
0.6 m
True Width
0.52 m
From
76.3 m
To
76.9 m
Intercept Depth
76.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:76.3-76.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 11.3 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 6.8 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 11.3 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“11.30”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.52

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-387FDNS · silverGrade: 3.7Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-387
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.7
Grade Unit
g/t
Intercept
0.6 m
True Width
0.52 m
From
76.3 m
To
76.9 m
Intercept Depth
76.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-387:76.3-76.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.2 g/t·m is below.

Negative factors

  • 3.7 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

“3.70”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.52

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-388FDNS · goldGrade: 4.51Grade Unit: g/tIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-388
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.51
Grade Unit
g/t
Intercept
4.75 m
True Width
3.05 m
From
13 m
To
17.75 m
Intercept Depth
13 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-388:13-17.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.51 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 21.4 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

“4.51”

Context: FDN-C26-388

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.05

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-388FDNS · silverGrade: 6.59Grade Unit: g/tIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-388
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.59
Grade Unit
g/t
Intercept
4.75 m
True Width
3.05 m
From
13 m
To
17.75 m
Intercept Depth
13 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-388:13-17.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.59 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 31.3 g/t·m is below.

Negative factors

  • 6.59 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

“6.59”

Context: FDN-C26-388

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.05

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-388FDNS · goldGrade: 11.96Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-388
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.96
Grade Unit
g/t
Intercept
1.45 m
True Width
0.93 m
From
14.3 m
To
15.75 m
Intercept Depth
14.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-388:14.3-15.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 11.96 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.3 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 11.96 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“11.96”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.93

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-388FDNS · silverGrade: 10.77Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-388
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.77
Grade Unit
g/t
Intercept
1.45 m
True Width
0.93 m
From
14.3 m
To
15.75 m
Intercept Depth
14.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-388:14.3-15.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.77 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 15.6 g/t·m is below.

Negative factors

  • 10.77 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

“10.77”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.93

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-388FDNS · goldGrade: 4.16Grade Unit: g/tIntercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-388
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.16
Grade Unit
g/t
Intercept
7.4 m
True Width
4.76 m
From
41.5 m
To
48.9 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-388:41.5-48.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.16 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.8 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.16”

Context: FDN-C26-388

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.76

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-388FDNS · silverGrade: 8.52Grade Unit: g/tIntercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-388
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.52
Grade Unit
g/t
Intercept
7.4 m
True Width
4.76 m
From
41.5 m
To
48.9 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-388:41.5-48.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.52 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 63.0 g/t·m is below.

Negative factors

  • 8.52 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

“8.52”

Context: FDN-C26-388

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.76

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-388FDNS · goldGrade: 38.1Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-388
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
38.1
Grade Unit
g/t
Intercept
0.4 m
True Width
0.26 m
From
47.4 m
To
47.8 m
Intercept Depth
47.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-388:47.4-47.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 38.1 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.2 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 38.1 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“38.10”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.26

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-388FDNS · silverGrade: 20Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-388
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20
Grade Unit
g/t
Intercept
0.4 m
True Width
0.26 m
From
47.4 m
To
47.8 m
Intercept Depth
47.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-388:47.4-47.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 20 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 8.0 g/t·m is below.

Negative factors

  • 20 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

“20.00”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.26

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-389FDNS · goldGrade: 17.47Grade Unit: g/tIntercept: 8.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-389
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.47
Grade Unit
g/t
Intercept
8.85 m
True Width
8.72 m
From
16.7 m
To
25.55 m
Intercept Depth
16.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-389:16.7-25.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 17.47 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 154.6 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 17.47 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“17.47”

Context: FDN-C26-389

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.72

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-389FDNS · silverGrade: 22.13Grade Unit: g/tIntercept: 8.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-389
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.13
Grade Unit
g/t
Intercept
8.85 m
True Width
8.72 m
From
16.7 m
To
25.55 m
Intercept Depth
16.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-389:16.7-25.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 22.13 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 195.9 g/t·m is below.

Negative factors

  • 22.13 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

“22.13”

Context: FDN-C26-389

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.72

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-389FDNS · goldGrade: 110.06Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-389
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
110.06
Grade Unit
g/t
Intercept
1.2 m
True Width
1.18 m
From
18.2 m
To
19.4 m
Intercept Depth
18.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-389:18.2-19.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 110.06 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 132.1 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 110.06 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“110.06”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.18

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-389FDNS · silverGrade: 100.7Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-389
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
100.7
Grade Unit
g/t
Intercept
1.2 m
True Width
1.18 m
From
18.2 m
To
19.4 m
Intercept Depth
18.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-389:18.2-19.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 100.7 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 120.8 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

“100.70”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.18

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-390FDNS · goldGrade: 5.2Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-390
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.2
Grade Unit
g/t
Intercept
3.4 m
True Width
2.79 m
From
9.3 m
To
12.7 m
Intercept Depth
9.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-390:9.3-12.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 5.2 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.7 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

“5.20”

Context: FDN-C26-390

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.79

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-390FDNS · silverGrade: 10.04Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-390
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.04
Grade Unit
g/t
Intercept
3.4 m
True Width
2.79 m
From
9.3 m
To
12.7 m
Intercept Depth
9.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-390:9.3-12.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.04 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 34.1 g/t·m is below.

Negative factors

  • 10.04 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

“10.04”

Context: FDN-C26-390

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.79

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-390FDNS · goldGrade: 36Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-390
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
36
Grade Unit
g/t
Intercept
0.45 m
True Width
0.37 m
From
10.1 m
To
10.55 m
Intercept Depth
10.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-390:10.1-10.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 36 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.2 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 36 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“36.00”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.37

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-390FDNS · silverGrade: 30.2Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-390
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
30.2
Grade Unit
g/t
Intercept
0.45 m
True Width
0.37 m
From
10.1 m
To
10.55 m
Intercept Depth
10.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-390:10.1-10.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 30.2 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 13.6 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

“30.20”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.37

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-391FDNS · goldGrade: 4.71Grade Unit: g/tIntercept: 2.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-391
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.71
Grade Unit
g/t
Intercept
2.15 m
True Width
1.95 m
From
23.8 m
To
25.95 m
Intercept Depth
23.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-391:23.8-25.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.71 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.1 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

“4.71”

Context: FDN-C26-391

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-391FDNS · silverGrade: 11.3Grade Unit: g/tIntercept: 2.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-391
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.3
Grade Unit
g/t
Intercept
2.15 m
True Width
1.95 m
From
23.8 m
To
25.95 m
Intercept Depth
23.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-391:23.8-25.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 11.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 24.3 g/t·m is below.

Negative factors

  • 11.3 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

“11.30”

Context: FDN-C26-391

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.95

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-391FDNS · goldGrade: 5.08Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-391
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.08
Grade Unit
g/t
Intercept
4.4 m
True Width
3.81 m
From
66.2 m
To
70.6 m
Intercept Depth
66.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-391:66.2-70.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 5.08 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.4 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

“5.08”

Context: FDN-C26-391

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.81

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-391FDNS · silverGrade: 4.22Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-391
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.22
Grade Unit
g/t
Intercept
4.4 m
True Width
3.81 m
From
66.2 m
To
70.6 m
Intercept Depth
66.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-391:66.2-70.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.22 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 18.6 g/t·m is below.

Negative factors

  • 4.22 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

“4.22”

Context: FDN-C26-391

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.81

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-391FDNS · goldGrade: 10.04Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-391
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.04
Grade Unit
g/t
Intercept
1.8 m
True Width
1.56 m
From
66.2 m
To
68 m
Intercept Depth
66.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-391:66.2-68
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.04 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 18.1 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.04 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.04”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.56

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-391FDNS · silverGrade: 7.65Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-391
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.65
Grade Unit
g/t
Intercept
1.8 m
True Width
1.56 m
From
66.2 m
To
68 m
Intercept Depth
66.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-391:66.2-68
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.65 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.8 g/t·m is below.

Negative factors

  • 7.65 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

“7.65”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.56

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-391FDNS · goldGrade: 16.43Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-391
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.43
Grade Unit
g/t
Intercept
2.05 m
True Width
1.86 m
From
77.95 m
To
80 m
Intercept Depth
77.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-391:77.95-80
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 16.43 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 33.7 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.43 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“16.43”

Context: FDN-C26-391

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.86

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-391FDNS · silverGrade: 18.53Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-391
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.53
Grade Unit
g/t
Intercept
2.05 m
True Width
1.86 m
From
77.95 m
To
80 m
Intercept Depth
77.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-391:77.95-80
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 18.53 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 38.0 g/t·m is below.

Negative factors

  • 18.53 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

“18.53”

Context: FDN-C26-391

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.86

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-391FDNS · goldGrade: 31.3Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-391
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
31.3
Grade Unit
g/t
Intercept
1 m
True Width
0.91 m
From
79 m
To
80 m
Intercept Depth
79 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-391:79-80
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 31.3 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 31.3 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 31.3 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“31.30”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.91

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-391FDNS · silverGrade: 18.6Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-391
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.6
Grade Unit
g/t
Intercept
1 m
True Width
0.91 m
From
79 m
To
80 m
Intercept Depth
79 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-391:79-80
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 18.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 18.6 g/t·m is below.

Negative factors

  • 18.6 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

“18.60”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.91

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-392FDNS · goldGrade: 4.74Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-392
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.74
Grade Unit
g/t
Intercept
4.4 m
From
0 m
To
4.4 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-392:0-4.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.74 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.9 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

“4.74”

Context: FDN-C26-392

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-392FDNS · silverGrade: 25.94Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-392
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
25.94
Grade Unit
g/t
Intercept
4.4 m
From
0 m
To
4.4 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-392:0-4.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 25.94 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 114.1 g/t·m is below.

Negative factors

  • 25.94 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

“25.94”

Context: FDN-C26-392

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-392FDNS · goldGrade: 13.52Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-392
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.52
Grade Unit
g/t
Intercept
1.05 m
From
0 m
To
1.05 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-392:0-1.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.52 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.2 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 13.52 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“13.52”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-392FDNS · silverGrade: 48.59Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-392
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
48.59
Grade Unit
g/t
Intercept
1.05 m
From
0 m
To
1.05 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-392:0-1.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 48.59 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 51.0 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

“48.59”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-397FDNS · goldGrade: 4.49Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-397
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.49
Grade Unit
g/t
Intercept
2.35 m
True Width
2.31 m
From
19.25 m
To
21.6 m
Intercept Depth
19.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-397:19.25-21.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.49 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.6 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

“4.49”

Context: FDN-C26-397

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.31

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-397FDNS · silverGrade: 16.77Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-397
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.77
Grade Unit
g/t
Intercept
2.35 m
True Width
2.31 m
From
19.25 m
To
21.6 m
Intercept Depth
19.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-397:19.25-21.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 16.77 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 39.4 g/t·m is below.

Negative factors

  • 16.77 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

“16.77”

Context: FDN-C26-397

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.31

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-397FDNS · goldGrade: 15.35Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-397
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.35
Grade Unit
g/t
Intercept
0.55 m
True Width
0.54 m
From
19.25 m
To
19.8 m
Intercept Depth
19.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-397:19.25-19.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 15.35 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.4 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.35 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“15.35”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.54

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-397FDNS · silverGrade: 45.4Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-397
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
45.4
Grade Unit
g/t
Intercept
0.55 m
True Width
0.54 m
From
19.25 m
To
19.8 m
Intercept Depth
19.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-397:19.25-19.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 45.4 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 25.0 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

“45.40”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.54

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-397FDNS · goldGrade: 6.59Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-397
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.59
Grade Unit
g/t
Intercept
1.4 m
True Width
1.38 m
From
28.95 m
To
30.35 m
Intercept Depth
28.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-397:28.95-30.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.59 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.2 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

“6.59”

Context: FDN-C26-397

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-397FDNS · silverGrade: 11.41Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-397
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.41
Grade Unit
g/t
Intercept
1.4 m
True Width
1.38 m
From
28.95 m
To
30.35 m
Intercept Depth
28.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-397:28.95-30.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 11.41 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 16.0 g/t·m is below.

Negative factors

  • 11.41 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

“11.41”

Context: FDN-C26-397

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.38

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-397FDNS · goldGrade: 19.95Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-397
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.95
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
28.95 m
To
29.35 m
Intercept Depth
28.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-397:28.95-29.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 19.95 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.0 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 19.95 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“19.95”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-397FDNS · silverGrade: 18.7Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-397
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.7
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
28.95 m
To
29.35 m
Intercept Depth
28.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-397:28.95-29.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 18.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.5 g/t·m is below.

Negative factors

  • 18.7 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

“18.70”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-398FDNS · goldGrade: 6.6Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-398
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.6
Grade Unit
g/t
Intercept
3.4 m
True Width
3.19 m
From
3.9 m
To
7.3 m
Intercept Depth
3.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-398:3.9-7.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.6 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.4 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

“6.60”

Context: FDN-C26-398

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.19

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-398FDNS · silverGrade: 4.15Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-398
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.15
Grade Unit
g/t
Intercept
3.4 m
True Width
3.19 m
From
3.9 m
To
7.3 m
Intercept Depth
3.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-398:3.9-7.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.15 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 14.1 g/t·m is below.

Negative factors

  • 4.15 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

“4.15”

Context: FDN-C26-398

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.19

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-398FDNS · goldGrade: 26.9Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-398
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
26.9
Grade Unit
g/t
Intercept
0.8 m
True Width
0.75 m
From
5.7 m
To
6.5 m
Intercept Depth
5.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-398:5.7-6.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 26.9 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 21.5 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 26.9 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“26.90”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-398FDNS · silverGrade: 6.3Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-398
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.3
Grade Unit
g/t
Intercept
0.8 m
True Width
0.75 m
From
5.7 m
To
6.5 m
Intercept Depth
5.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-398:5.7-6.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.0 g/t·m is below.

Negative factors

  • 6.3 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

“6.30”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-401FDNS · goldGrade: 13.45Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-401
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.45
Grade Unit
g/t
Intercept
2.45 m
True Width
1.88 m
From
12.8 m
To
15.25 m
Intercept Depth
12.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-401:12.8-15.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.45 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 33.0 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 13.45 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“13.45”

Context: FDN-C26-401

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.88

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-401FDNS · silverGrade: 5.6Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-401
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.6
Grade Unit
g/t
Intercept
2.45 m
True Width
1.88 m
From
12.8 m
To
15.25 m
Intercept Depth
12.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-401:12.8-15.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 5.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.7 g/t·m is below.

Negative factors

  • 5.6 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

“5.60”

Context: FDN-C26-401

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.88

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-401FDNS · goldGrade: 31.85Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-401
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
31.85
Grade Unit
g/t
Intercept
0.9 m
True Width
0.69 m
From
12.8 m
To
13.7 m
Intercept Depth
12.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-401:12.8-13.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 31.85 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 28.7 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 31.85 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“31.85”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.69

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-401FDNS · silverGrade: 9.4Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-401
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.4
Grade Unit
g/t
Intercept
0.9 m
True Width
0.69 m
From
12.8 m
To
13.7 m
Intercept Depth
12.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-401:12.8-13.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 8.5 g/t·m is below.

Negative factors

  • 9.4 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

“9.40”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.69

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-401FDNS · goldGrade: 9.95Grade Unit: g/tIntercept: 4.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-401
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.95
Grade Unit
g/t
Intercept
4.25 m
True Width
1.45 m
From
114.85 m
To
119.1 m
Intercept Depth
114.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-401:114.85-119.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.95 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 42.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 9.95 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“9.95”

Context: FDN-C26-401

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.45

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-401FDNS · silverGrade: 2.7Grade Unit: g/tIntercept: 4.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-401
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.7
Grade Unit
g/t
Intercept
4.25 m
True Width
1.45 m
From
114.85 m
To
119.1 m
Intercept Depth
114.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-401:114.85-119.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 2.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.5 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

“2.70”

Context: FDN-C26-401

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.45

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-401FDNS · goldGrade: 18.97Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-401
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.97
Grade Unit
g/t
Intercept
1.85 m
True Width
0.63 m
From
115.25 m
To
117.1 m
Intercept Depth
115.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-401:115.25-117.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 18.97 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 35.1 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 18.97 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“18.97”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.63

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

FDN-C26-401FDNS · silverGrade: 4.49Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-401
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.49
Grade Unit
g/t
Intercept
1.85 m
True Width
0.63 m
From
115.25 m
To
117.1 m
Intercept Depth
115.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-401:115.25-117.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.49 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 8.3 g/t·m is below.

Negative factors

  • 4.49 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

“4.49”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.63

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · goldGrade: 3.83Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.83
Grade Unit
g/t
Intercept
2.45 m
True Width
1.73 m
From
9.15 m
To
11.6 m
Intercept Depth
9.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:9.15-11.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.83 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.4 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

“3.83”

Context: UGE-S-26-472

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.73

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · silverGrade: 9.82Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.82
Grade Unit
g/t
Intercept
2.45 m
True Width
1.73 m
From
9.15 m
To
11.6 m
Intercept Depth
9.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:9.15-11.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.82 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 24.1 g/t·m is below.

Negative factors

  • 9.82 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

“9.82”

Context: UGE-S-26-472

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.73

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · goldGrade: 22.97Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.97
Grade Unit
g/t
Intercept
5 m
True Width
3.21 m
From
46.9 m
To
51.9 m
Intercept Depth
46.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:46.9-51.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 22.97 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 114.8 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 22.97 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“22.97”

Context: UGE-S-26-472

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.21

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · silverGrade: 18.39Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.39
Grade Unit
g/t
Intercept
5 m
True Width
3.21 m
From
46.9 m
To
51.9 m
Intercept Depth
46.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:46.9-51.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 18.39 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 92.0 g/t·m is below.

Negative factors

  • 18.39 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

“18.39”

Context: UGE-S-26-472

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.21

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · goldGrade: 56.15Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
56.15
Grade Unit
g/t
Intercept
1.35 m
True Width
0.87 m
From
50.55 m
To
51.9 m
Intercept Depth
50.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:50.55-51.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 56.15 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 75.8 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 56.15 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“56.15”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.87

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · silverGrade: 37.23Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
37.23
Grade Unit
g/t
Intercept
1.35 m
True Width
0.87 m
From
50.55 m
To
51.9 m
Intercept Depth
50.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:50.55-51.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 37.23 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 50.3 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

“37.23”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.87

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · goldGrade: 7.95Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.95
Grade Unit
g/t
Intercept
1.25 m
True Width
0.8 m
From
139.9 m
To
141.15 m
Intercept Depth
139.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:139.9-141.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.95 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.9 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 7.95 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“7.95”

Context: UGE-S-26-472

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · silverGrade: 156.83Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
156.83
Grade Unit
g/t
Intercept
1.25 m
True Width
0.8 m
From
139.9 m
To
141.15 m
Intercept Depth
139.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:139.9-141.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 156.83 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 196.0 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

“156.83”

Context: UGE-S-26-472

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · goldGrade: 21.5Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.5
Grade Unit
g/t
Intercept
0.4 m
True Width
0.26 m
From
140.75 m
To
141.15 m
Intercept Depth
140.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:140.75-141.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 21.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.6 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 21.5 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“21.50”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.26

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · silverGrade: 373Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
373
Grade Unit
g/t
Intercept
0.4 m
True Width
0.26 m
From
140.75 m
To
141.15 m
Intercept Depth
140.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:140.75-141.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 373 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 149.2 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 373 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“373.00”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.26

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · goldGrade: 13.77Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.77
Grade Unit
g/t
Intercept
1.75 m
True Width
1 m
From
173.65 m
To
175.4 m
Intercept Depth
173.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:173.65-175.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.77 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 24.1 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 13.77 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“13.77”

Context: UGE-S-26-472

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · silverGrade: 135.84Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
135.84
Grade Unit
g/t
Intercept
1.75 m
True Width
1 m
From
173.65 m
To
175.4 m
Intercept Depth
173.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:173.65-175.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 135.84 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 237.7 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

“135.84”

Context: UGE-S-26-472

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · goldGrade: 29.3Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
29.3
Grade Unit
g/t
Intercept
0.8 m
True Width
0.46 m
From
173.65 m
To
174.45 m
Intercept Depth
173.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:173.65-174.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 29.3 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 23.4 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 29.3 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“29.30”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.46

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-S-26-472FDNS · silverGrade: 290.15Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
290.15
Grade Unit
g/t
Intercept
0.8 m
True Width
0.46 m
From
173.65 m
To
174.45 m
Intercept Depth
173.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-472:173.65-174.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 290.15 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 232.1 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 290.15 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“290.15”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.46

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · goldGrade: 3.92Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.92
Grade Unit
g/t
Intercept
2.8 m
From
36.8 m
To
39.6 m
Intercept Depth
36.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:36.8-39.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.92 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.0 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.92”

Context: UGE-E-25-422

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · silverGrade: 28.1Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
28.1
Grade Unit
g/t
Intercept
2.8 m
From
36.8 m
To
39.6 m
Intercept Depth
36.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:36.8-39.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 28.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 78.7 g/t·m is below.

Negative factors

  • 28.1 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

“28.10”

Context: UGE-E-25-422

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · goldGrade: 14.9Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.9
Grade Unit
g/t
Intercept
0.7 m
From
37.85 m
To
38.55 m
Intercept Depth
37.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:37.85-38.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 14.9 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 14.9 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“14.90”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · silverGrade: 104Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
104
Grade Unit
g/t
Intercept
0.7 m
From
37.85 m
To
38.55 m
Intercept Depth
37.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:37.85-38.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 104 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 72.8 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

“104.00”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · goldGrade: 3.24Grade Unit: g/tIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.24
Grade Unit
g/t
Intercept
2.9 m
From
136.7 m
To
139.6 m
Intercept Depth
136.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:136.7-139.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.24 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.4 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

“3.24”

Context: UGE-E-25-422

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · silverGrade: 3.67Grade Unit: g/tIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.67
Grade Unit
g/t
Intercept
2.9 m
From
136.7 m
To
139.6 m
Intercept Depth
136.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:136.7-139.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.67 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.6 g/t·m is below.

Negative factors

  • 3.67 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

“3.67”

Context: UGE-E-25-422

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · goldGrade: 9.96Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.96
Grade Unit
g/t
Intercept
0.8 m
From
137.8 m
To
138.6 m
Intercept Depth
137.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:137.8-138.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.96 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.0 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 9.96 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“9.96”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · silverGrade: 9.7Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.7
Grade Unit
g/t
Intercept
0.8 m
From
137.8 m
To
138.6 m
Intercept Depth
137.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:137.8-138.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.8 g/t·m is below.

Negative factors

  • 9.7 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

“9.70”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · goldGrade: 4.68Grade Unit: g/tIntercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.68
Grade Unit
g/t
Intercept
3.65 m
From
551.4 m
To
555.05 m
Intercept Depth
551.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:551.4-555.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.68 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.1 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

“4.68”

Context: UGE-E-25-422

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · silverGrade: 3.24Grade Unit: g/tIntercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.24
Grade Unit
g/t
Intercept
3.65 m
From
551.4 m
To
555.05 m
Intercept Depth
551.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:551.4-555.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.24 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.8 g/t·m is below.

Negative factors

  • 3.24 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

“3.24”

Context: UGE-E-25-422

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · goldGrade: 25.3Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
25.3
Grade Unit
g/t
Intercept
0.65 m
From
551.4 m
To
552.05 m
Intercept Depth
551.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:551.4-552.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 25.3 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.4 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 25.3 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“25.30”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-422FDNS · silverGrade: 13.6Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-422
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.6
Grade Unit
g/t
Intercept
0.65 m
From
551.4 m
To
552.05 m
Intercept Depth
551.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-422:551.4-552.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 8.8 g/t·m is below.

Negative factors

  • 13.6 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

“13.60”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 13.4Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.4
Grade Unit
g/t
Intercept
1 m
True Width
0.98 m
From
190.4 m
To
191.4 m
Intercept Depth
190.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:190.4-191.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.4 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 13.4 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“13.40”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.98

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 249Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
249
Grade Unit
g/t
Intercept
1 m
True Width
0.98 m
From
190.4 m
To
191.4 m
Intercept Depth
190.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:190.4-191.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 249 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 249.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 249 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“249.00”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.98

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 9.06Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.06
Grade Unit
g/t
Intercept
1.75 m
True Width
1.71 m
From
239.05 m
To
240.8 m
Intercept Depth
239.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:239.05-240.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.06 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.9 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 9.06 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“9.06”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.71

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 7.21Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.21
Grade Unit
g/t
Intercept
1.75 m
True Width
1.71 m
From
239.05 m
To
240.8 m
Intercept Depth
239.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:239.05-240.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.21 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.6 g/t·m is below.

Negative factors

  • 7.21 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

“7.21”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.71

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 17.53Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.53
Grade Unit
g/t
Intercept
0.8 m
True Width
0.78 m
From
240 m
To
240.8 m
Intercept Depth
240 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:240-240.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 17.53 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.0 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 17.53 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“17.53”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.78

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 11.6Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.6
Grade Unit
g/t
Intercept
0.8 m
True Width
0.78 m
From
240 m
To
240.8 m
Intercept Depth
240 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:240-240.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 11.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.3 g/t·m is below.

Negative factors

  • 11.6 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

“11.60”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.78

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 13.25Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.25
Grade Unit
g/t
Intercept
3.8 m
True Width
3.72 m
From
266.85 m
To
270.65 m
Intercept Depth
266.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:266.85-270.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.25 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 50.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 13.25 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“13.25”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.72

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 5.78Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.78
Grade Unit
g/t
Intercept
3.8 m
True Width
3.72 m
From
266.85 m
To
270.65 m
Intercept Depth
266.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:266.85-270.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 5.78 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 22.0 g/t·m is below.

Negative factors

  • 5.78 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

“5.78”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.72

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 39.6Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
39.6
Grade Unit
g/t
Intercept
1.25 m
True Width
1.22 m
From
266.85 m
To
268.1 m
Intercept Depth
266.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:266.85-268.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 39.6 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 49.5 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 39.6 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“39.60”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.22

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 14.02Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.02
Grade Unit
g/t
Intercept
1.25 m
True Width
1.22 m
From
266.85 m
To
268.1 m
Intercept Depth
266.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:266.85-268.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 14.02 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 17.5 g/t·m is below.

Negative factors

  • 14.02 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

“14.02”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.22

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 12.22Grade Unit: g/tIntercept: 5.5 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.22
Grade Unit
g/t
Intercept
5.5 m
True Width
5.38 m
From
278.9 m
To
284.4 m
Intercept Depth
278.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:278.9-284.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 12.22 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 67.2 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 12.22 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“12.22”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.38

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 11.77Grade Unit: g/tIntercept: 5.5 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.77
Grade Unit
g/t
Intercept
5.5 m
True Width
5.38 m
From
278.9 m
To
284.4 m
Intercept Depth
278.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:278.9-284.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 11.77 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 64.7 g/t·m is below.

Negative factors

  • 11.77 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

“11.77”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.38

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 30.23Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
30.23
Grade Unit
g/t
Intercept
1.9 m
True Width
1.86 m
From
282.5 m
To
284.4 m
Intercept Depth
282.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:282.5-284.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 30.23 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 57.4 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 30.23 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“30.23”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.86

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 19.29Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.29
Grade Unit
g/t
Intercept
1.9 m
True Width
1.86 m
From
282.5 m
To
284.4 m
Intercept Depth
282.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:282.5-284.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 19.29 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 36.7 g/t·m is below.

Negative factors

  • 19.29 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

“19.29”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.86

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 10.8Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.8
Grade Unit
g/t
Intercept
2.4 m
True Width
2.35 m
From
286.6 m
To
289 m
Intercept Depth
286.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:286.6-289
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.8 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 25.9 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.8 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.80”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 8.38Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.38
Grade Unit
g/t
Intercept
2.4 m
True Width
2.35 m
From
286.6 m
To
289 m
Intercept Depth
286.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:286.6-289
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.38 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 20.1 g/t·m is below.

Negative factors

  • 8.38 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

“8.38”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 20.68Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.68
Grade Unit
g/t
Intercept
1 m
True Width
0.98 m
From
288 m
To
289 m
Intercept Depth
288 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:288-289
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 20.68 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.7 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 20.68 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“20.68”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.98

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 10.76Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.76
Grade Unit
g/t
Intercept
1 m
True Width
0.98 m
From
288 m
To
289 m
Intercept Depth
288 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:288-289
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.76 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.8 g/t·m is below.

Negative factors

  • 10.76 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

“10.76”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.98

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 20.34Grade Unit: g/tIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.34
Grade Unit
g/t
Intercept
5.9 m
True Width
5.77 m
From
299 m
To
304.9 m
Intercept Depth
299 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:299-304.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 20.34 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 120.0 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 20.34 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“20.34”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.77

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 15.31Grade Unit: g/tIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.31
Grade Unit
g/t
Intercept
5.9 m
True Width
5.77 m
From
299 m
To
304.9 m
Intercept Depth
299 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:299-304.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 15.31 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 90.3 g/t·m is below.

Negative factors

  • 15.31 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

“15.31”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.77

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 61.21Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
61.21
Grade Unit
g/t
Intercept
1.8 m
True Width
1.76 m
From
299 m
To
300.8 m
Intercept Depth
299 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:299-300.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 61.21 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 110.2 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 61.21 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“61.21”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.76

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 37.56Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
37.56
Grade Unit
g/t
Intercept
1.8 m
True Width
1.76 m
From
299 m
To
300.8 m
Intercept Depth
299 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:299-300.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 37.56 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 67.6 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

“37.56”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.76

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 4.2Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.2
Grade Unit
g/t
Intercept
2.8 m
True Width
2.74 m
From
333.95 m
To
336.75 m
Intercept Depth
333.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:333.95-336.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.2 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.8 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

“4.20”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.74

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 3.84Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.84
Grade Unit
g/t
Intercept
2.8 m
True Width
2.74 m
From
333.95 m
To
336.75 m
Intercept Depth
333.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:333.95-336.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.84 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.8 g/t·m is below.

Negative factors

  • 3.84 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

“3.84”

Context: UGE-E-25-425

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.74

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · goldGrade: 7.61Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.61
Grade Unit
g/t
Intercept
0.85 m
True Width
0.83 m
From
335.9 m
To
336.75 m
Intercept Depth
335.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:335.9-336.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.61 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 6.5 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 7.61 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“7.61”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.83

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-25-425FDNS · silverGrade: 4.64Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
UGE-E-25-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.64
Grade Unit
g/t
Intercept
0.85 m
True Width
0.83 m
From
335.9 m
To
336.75 m
Intercept Depth
335.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-25-425:335.9-336.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.64 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.9 g/t·m is below.

Negative factors

  • 4.64 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

“4.64”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.83

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · goldGrade: 6.69Grade Unit: g/tIntercept: 7.3 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.69
Grade Unit
g/t
Intercept
7.3 m
From
90.3 m
To
97.6 m
Intercept Depth
90.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:90.3-97.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.69 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 48.8 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.69”

Context: UGE-E-26-429

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · silverGrade: 6.37Grade Unit: g/tIntercept: 7.3 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.37
Grade Unit
g/t
Intercept
7.3 m
From
90.3 m
To
97.6 m
Intercept Depth
90.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:90.3-97.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.37 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 46.5 g/t·m is below.

Negative factors

  • 6.37 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

“6.37”

Context: UGE-E-26-429

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · goldGrade: 16.13Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.13
Grade Unit
g/t
Intercept
2.4 m
From
94.5 m
To
96.9 m
Intercept Depth
94.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:94.5-96.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 16.13 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 38.7 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.13 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“16.13”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · silverGrade: 9.17Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.17
Grade Unit
g/t
Intercept
2.4 m
From
94.5 m
To
96.9 m
Intercept Depth
94.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:94.5-96.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.17 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 22.0 g/t·m is below.

Negative factors

  • 9.17 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

“9.17”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · goldGrade: 3Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3
Grade Unit
g/t
Intercept
2.95 m
From
375.35 m
To
378.3 m
Intercept Depth
375.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:375.35-378.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.9 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

“3.00”

Context: UGE-E-26-429

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · silverGrade: 7.15Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.15
Grade Unit
g/t
Intercept
2.95 m
From
375.35 m
To
378.3 m
Intercept Depth
375.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:375.35-378.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.15 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 21.1 g/t·m is below.

Negative factors

  • 7.15 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

“7.15”

Context: UGE-E-26-429

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · goldGrade: 8.08Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.08
Grade Unit
g/t
Intercept
0.75 m
From
375.35 m
To
376.1 m
Intercept Depth
375.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:375.35-376.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.08 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 6.1 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 8.08 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.08”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · silverGrade: 18.7Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.7
Grade Unit
g/t
Intercept
0.75 m
From
375.35 m
To
376.1 m
Intercept Depth
375.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:375.35-376.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 18.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 14.0 g/t·m is below.

Negative factors

  • 18.7 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

“18.70”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · goldGrade: 169.93Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
169.93
Grade Unit
g/t
Intercept
4.2 m
From
427.5 m
To
431.7 m
Intercept Depth
427.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:427.5-431.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 169.93 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 713.7 g/t·m is exceptional.

Positive factors

  • 169.93 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“169.93”

Context: UGE-E-26-429

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · silverGrade: 102.36Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
102.36
Grade Unit
g/t
Intercept
4.2 m
From
427.5 m
To
431.7 m
Intercept Depth
427.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:427.5-431.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 102.36 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 429.9 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

“102.36”

Context: UGE-E-26-429

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · goldGrade: 712Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
712
Grade Unit
g/t
Intercept
1 m
From
430.7 m
To
431.7 m
Intercept Depth
430.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:430.7-431.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 712 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 712.0 g/t·m is exceptional.

Positive factors

  • 712 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“712.00”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-429FDNS · silverGrade: 429Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-429
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
429
Grade Unit
g/t
Intercept
1 m
From
430.7 m
To
431.7 m
Intercept Depth
430.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-429:430.7-431.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 429 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 429.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 429 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“429.00”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-456FDNS · goldGrade: 5.42Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-456
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.42
Grade Unit
g/t
Intercept
5 m
From
96.7 m
To
101.7 m
Intercept Depth
96.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-456:96.7-101.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 5.42 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 27.1 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

“5.42”

Context: UGE-E-26-456

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-456FDNS · silverGrade: 8.44Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-456
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.44
Grade Unit
g/t
Intercept
5 m
From
96.7 m
To
101.7 m
Intercept Depth
96.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-456:96.7-101.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.44 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 42.2 g/t·m is below.

Negative factors

  • 8.44 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

“8.44”

Context: UGE-E-26-456

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-458FDNS · goldGrade: 9.52Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-458
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.52
Grade Unit
g/t
Intercept
1 m
From
318.3 m
To
319.3 m
Intercept Depth
318.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-458:318.3-319.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.52 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.5 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 9.52 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“9.52”

Context: UGE-E-26-458

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-458FDNS · silverGrade: 10.3Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-458
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.3
Grade Unit
g/t
Intercept
1 m
From
318.3 m
To
319.3 m
Intercept Depth
318.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-458:318.3-319.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.3 g/t·m is below.

Negative factors

  • 10.3 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

“10.30”

Context: UGE-E-26-458

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-465FDNS · goldGrade: 5.27Grade Unit: g/tIntercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-465
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.27
Grade Unit
g/t
Intercept
4.9 m
From
102.7 m
To
107.6 m
Intercept Depth
102.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-465:102.7-107.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 5.27 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 25.8 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

“5.27”

Context: UGE-E-26-465

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-465FDNS · silverGrade: 7.2Grade Unit: g/tIntercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-465
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.2
Grade Unit
g/t
Intercept
4.9 m
From
102.7 m
To
107.6 m
Intercept Depth
102.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-465:102.7-107.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 35.3 g/t·m is below.

Negative factors

  • 7.2 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

“7.20”

Context: UGE-E-26-465

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-465FDNS · goldGrade: 10.73Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-465
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.73
Grade Unit
g/t
Intercept
1.9 m
From
104.7 m
To
106.6 m
Intercept Depth
104.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-465:104.7-106.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.73 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.73 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.73”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-E-26-465FDNS · silverGrade: 7.99Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-465
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.99
Grade Unit
g/t
Intercept
1.9 m
From
104.7 m
To
106.6 m
Intercept Depth
104.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-465:104.7-106.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.99 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 15.2 g/t·m is below.

Negative factors

  • 7.99 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

“7.99”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-441FDNS · goldGrade: 10.09Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-441
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.09
Grade Unit
g/t
Intercept
4 m
From
71.5 m
To
75.5 m
Intercept Depth
71.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-441:71.5-75.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.09 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 40.4 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 10.09 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.09”

Context: UGE-26-441

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-441FDNS · silverGrade: 10.4Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-441
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.4
Grade Unit
g/t
Intercept
4 m
From
71.5 m
To
75.5 m
Intercept Depth
71.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-441:71.5-75.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 41.6 g/t·m is below.

Negative factors

  • 10.4 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

“10.40”

Context: UGE-26-441

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-441FDNS · goldGrade: 21.47Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
UGE-26-441
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.47
Grade Unit
g/t
Intercept
1.5 m
From
74 m
To
75.5 m
Intercept Depth
74 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-441:74-75.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 21.47 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 32.2 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 21.47 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“21.47”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-441FDNS · silverGrade: 13.25Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
UGE-26-441
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.25
Grade Unit
g/t
Intercept
1.5 m
From
74 m
To
75.5 m
Intercept Depth
74 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-441:74-75.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.25 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 19.9 g/t·m is below.

Negative factors

  • 13.25 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

“13.25”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-441FDNS · goldGrade: 4.25Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
UGE-26-441
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.25
Grade Unit
g/t
Intercept
3.05 m
From
84.8 m
To
87.85 m
Intercept Depth
84.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-441:84.8-87.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.25 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.0 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

“4.25”

Context: UGE-26-441

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-441FDNS · silverGrade: 6.44Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
UGE-26-441
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.44
Grade Unit
g/t
Intercept
3.05 m
From
84.8 m
To
87.85 m
Intercept Depth
84.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-441:84.8-87.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.44 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 19.6 g/t·m is below.

Negative factors

  • 6.44 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

“6.44”

Context: UGE-26-441

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-441FDNS · goldGrade: 23.7Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-441
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.7
Grade Unit
g/t
Intercept
0.45 m
From
87.4 m
To
87.85 m
Intercept Depth
87.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-441:87.4-87.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 23.7 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.7 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 23.7 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“23.70”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-441FDNS · silverGrade: 21.5Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-441
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.5
Grade Unit
g/t
Intercept
0.45 m
From
87.4 m
To
87.85 m
Intercept Depth
87.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-441:87.4-87.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 21.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.7 g/t·m is below.

Negative factors

  • 21.5 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

“21.50”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-443FDNS · goldGrade: 9.59Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-443
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.59
Grade Unit
g/t
Intercept
2.6 m
True Width
2.25 m
From
76 m
To
78.6 m
Intercept Depth
76 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-443:76-78.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.59 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 24.9 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 9.59 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“9.59”

Context: UGE-26-443

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.25

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-443FDNS · silverGrade: 36.5Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-443
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
36.5
Grade Unit
g/t
Intercept
2.6 m
True Width
2.25 m
From
76 m
To
78.6 m
Intercept Depth
76 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-443:76-78.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 36.5 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 94.9 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

“36.50”

Context: UGE-26-443

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.25

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-443FDNS · goldGrade: 22.9Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
UGE-26-443
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.9
Grade Unit
g/t
Intercept
0.75 m
True Width
0.65 m
From
76.65 m
To
77.4 m
Intercept Depth
76.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-443:76.65-77.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 22.9 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.2 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 22.9 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“22.90”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.65

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-443FDNS · silverGrade: 92Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
UGE-26-443
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
92
Grade Unit
g/t
Intercept
0.75 m
True Width
0.65 m
From
76.65 m
To
77.4 m
Intercept Depth
76.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-443:76.65-77.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 92 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 69.0 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

“92.00”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.65

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-443FDNS · goldGrade: 13.86Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-443
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.86
Grade Unit
g/t
Intercept
3.6 m
True Width
3.12 m
From
96.4 m
To
100 m
Intercept Depth
96.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-443:96.4-100
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.86 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 49.9 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 13.86 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“13.86”

Context: UGE-26-443

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.12

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-443FDNS · silverGrade: 10.57Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-443
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.57
Grade Unit
g/t
Intercept
3.6 m
True Width
3.12 m
From
96.4 m
To
100 m
Intercept Depth
96.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-443:96.4-100
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.57 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 38.1 g/t·m is below.

Negative factors

  • 10.57 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

“10.57”

Context: UGE-26-443

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.12

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-443FDNS · goldGrade: 120Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-443
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
120
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
96.4 m
To
96.8 m
Intercept Depth
96.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-443:96.4-96.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 120 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 48.0 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 120 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“120.00”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-443FDNS · silverGrade: 79.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-443
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
79.4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
96.4 m
To
96.8 m
Intercept Depth
96.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-443:96.4-96.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 79.4 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 31.8 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

“79.40”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-444FDNS · goldGrade: 4.23Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-444
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.23
Grade Unit
g/t
Intercept
2.6 m
True Width
1.84 m
From
21.5 m
To
24.1 m
Intercept Depth
21.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-444:21.5-24.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.23 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.0 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

“4.23”

Context: UGE-26-444

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.84

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-444FDNS · silverGrade: 8.85Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-444
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.85
Grade Unit
g/t
Intercept
2.6 m
True Width
1.84 m
From
21.5 m
To
24.1 m
Intercept Depth
21.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-444:21.5-24.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.85 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 23.0 g/t·m is below.

Negative factors

  • 8.85 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

“8.85”

Context: UGE-26-444

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.84

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-444FDNS · goldGrade: 16.95Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-444
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.95
Grade Unit
g/t
Intercept
0.45 m
True Width
0.32 m
From
21.5 m
To
21.95 m
Intercept Depth
21.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-444:21.5-21.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 16.95 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.6 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.95 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“16.95”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.32

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-444FDNS · silverGrade: 21.5Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-444
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.5
Grade Unit
g/t
Intercept
0.45 m
True Width
0.32 m
From
21.5 m
To
21.95 m
Intercept Depth
21.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-444:21.5-21.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 21.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.7 g/t·m is below.

Negative factors

  • 21.5 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

“21.50”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.32

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-444FDNS · goldGrade: 22.56Grade Unit: g/tIntercept: 2.65 mView all details
Link to this fact

Identity

Hole ID
UGE-26-444
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.56
Grade Unit
g/t
Intercept
2.65 m
True Width
1.87 m
From
49.2 m
To
51.85 m
Intercept Depth
49.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-444:49.2-51.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 22.56 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 59.8 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 22.56 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“22.56”

Context: UGE-26-444

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.87

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-444FDNS · silverGrade: 50.24Grade Unit: g/tIntercept: 2.65 mView all details
Link to this fact

Identity

Hole ID
UGE-26-444
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
50.24
Grade Unit
g/t
Intercept
2.65 m
True Width
1.87 m
From
49.2 m
To
51.85 m
Intercept Depth
49.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-444:49.2-51.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 50.24 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 133.1 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

“50.24”

Context: UGE-26-444

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.87

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-444FDNS · goldGrade: 101.5Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-444
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
101.5
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
50.4 m
To
50.8 m
Intercept Depth
50.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-444:50.4-50.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 101.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 40.6 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 101.5 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“101.50”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.28

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-444FDNS · silverGrade: 105Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-444
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
105
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
50.4 m
To
50.8 m
Intercept Depth
50.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-444:50.4-50.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 105 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 42.0 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

“105.00”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.28

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · goldGrade: 5.71Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.71
Grade Unit
g/t
Intercept
2.5 m
From
15.3 m
To
17.8 m
Intercept Depth
15.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:15.3-17.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 5.71 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.3 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

“5.71”

Context: UGE-26-451

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · silverGrade: 7.87Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.87
Grade Unit
g/t
Intercept
2.5 m
From
15.3 m
To
17.8 m
Intercept Depth
15.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:15.3-17.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.87 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 19.7 g/t·m is below.

Negative factors

  • 7.87 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

“7.87”

Context: UGE-26-451

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · goldGrade: 11.17Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.17
Grade Unit
g/t
Intercept
1.2 m
From
16.6 m
To
17.8 m
Intercept Depth
16.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:16.6-17.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 11.17 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 11.17 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“11.17”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · silverGrade: 11.35Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.35
Grade Unit
g/t
Intercept
1.2 m
From
16.6 m
To
17.8 m
Intercept Depth
16.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:16.6-17.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 11.35 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.6 g/t·m is below.

Negative factors

  • 11.35 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

“11.35”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · goldGrade: 3.87Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.87
Grade Unit
g/t
Intercept
3.15 m
From
37.45 m
To
40.6 m
Intercept Depth
37.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:37.45-40.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.87 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.2 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.87”

Context: UGE-26-451

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · silverGrade: 14.79Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.79
Grade Unit
g/t
Intercept
3.15 m
From
37.45 m
To
40.6 m
Intercept Depth
37.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:37.45-40.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 14.79 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 46.6 g/t·m is below.

Negative factors

  • 14.79 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

“14.79”

Context: UGE-26-451

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · goldGrade: 8.72Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.72
Grade Unit
g/t
Intercept
1.6 m
True Width
1.03 m
From
62.85 m
To
64.45 m
Intercept Depth
62.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:62.85-64.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.72 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.72 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.72”

Context: UGE-26-451

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.03

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · silverGrade: 21.83Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.83
Grade Unit
g/t
Intercept
1.6 m
True Width
1.03 m
From
62.85 m
To
64.45 m
Intercept Depth
62.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:62.85-64.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 21.83 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 34.9 g/t·m is below.

Negative factors

  • 21.83 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

“21.83”

Context: UGE-26-451

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.03

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · goldGrade: 28.9Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
28.9
Grade Unit
g/t
Intercept
0.4 m
True Width
0.26 m
From
64.05 m
To
64.45 m
Intercept Depth
64.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:64.05-64.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 28.9 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.6 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 28.9 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“28.90”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.26

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · silverGrade: 44.6Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
44.6
Grade Unit
g/t
Intercept
0.4 m
True Width
0.26 m
From
64.05 m
To
64.45 m
Intercept Depth
64.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:64.05-64.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 44.6 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 17.8 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

“44.60”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.26

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · goldGrade: 4.7Grade Unit: g/tIntercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.7
Grade Unit
g/t
Intercept
7.45 m
From
86.55 m
To
94 m
Intercept Depth
86.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:86.55-94
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.7 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 35.0 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.70”

Context: UGE-26-451

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · silverGrade: 7.22Grade Unit: g/tIntercept: 7.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.22
Grade Unit
g/t
Intercept
7.45 m
From
86.55 m
To
94 m
Intercept Depth
86.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:86.55-94
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.22 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 53.8 g/t·m is below.

Negative factors

  • 7.22 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

“7.22”

Context: UGE-26-451

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · goldGrade: 9.76Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.76
Grade Unit
g/t
Intercept
2.35 m
From
86.55 m
To
88.9 m
Intercept Depth
86.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:86.55-88.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.76 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.9 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 9.76 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“9.76”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-451FDNS · silverGrade: 9.56Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
UGE-26-451
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.56
Grade Unit
g/t
Intercept
2.35 m
From
86.55 m
To
88.9 m
Intercept Depth
86.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-451:86.55-88.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.56 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 22.5 g/t·m is below.

Negative factors

  • 9.56 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

“9.56”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-452FDNS · goldGrade: 12.7Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
UGE-26-452
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.7
Grade Unit
g/t
Intercept
1.3 m
True Width
1.28 m
From
58.2 m
To
59.5 m
Intercept Depth
58.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-452:58.2-59.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 12.7 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 12.7 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“12.70”

Context: UGE-26-452

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.28

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-452FDNS · silverGrade: 13.76Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
UGE-26-452
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.76
Grade Unit
g/t
Intercept
1.3 m
True Width
1.28 m
From
58.2 m
To
59.5 m
Intercept Depth
58.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-452:58.2-59.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.76 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 17.9 g/t·m is below.

Negative factors

  • 13.76 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

“13.76”

Context: UGE-26-452

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.28

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-452FDNS · goldGrade: 38.9Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-452
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
38.9
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
58.2 m
To
58.6 m
Intercept Depth
58.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-452:58.2-58.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 38.9 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.6 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 38.9 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“38.90”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-452FDNS · silverGrade: 36.5Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-452
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
36.5
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
58.2 m
To
58.6 m
Intercept Depth
58.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-452:58.2-58.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 36.5 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 14.6 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

“36.50”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-452FDNS · goldGrade: 9.07Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
UGE-26-452
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.07
Grade Unit
g/t
Intercept
1.3 m
True Width
1.28 m
From
62.3 m
To
63.6 m
Intercept Depth
62.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-452:62.3-63.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.07 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.8 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 9.07 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“9.07”

Context: UGE-26-452

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.28

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-452FDNS · silverGrade: 7.72Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
UGE-26-452
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.72
Grade Unit
g/t
Intercept
1.3 m
True Width
1.28 m
From
62.3 m
To
63.6 m
Intercept Depth
62.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-452:62.3-63.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.72 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.0 g/t·m is below.

Negative factors

  • 7.72 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

“7.72”

Context: UGE-26-452

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.28

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-452FDNS · goldGrade: 27.9Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-452
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.9
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
62.7 m
To
63.1 m
Intercept Depth
62.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-452:62.7-63.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 27.9 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.2 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 27.9 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“27.90”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-452FDNS · silverGrade: 19.5Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-452
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.5
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
62.7 m
To
63.1 m
Intercept Depth
62.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-452:62.7-63.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 19.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.8 g/t·m is below.

Negative factors

  • 19.5 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

“19.50”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-453FDNS · goldGrade: 4.5Grade Unit: g/tIntercept: 4.15 mView all details
Link to this fact

Identity

Hole ID
UGE-26-453
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.5
Grade Unit
g/t
Intercept
4.15 m
True Width
2.67 m
From
33.55 m
To
37.7 m
Intercept Depth
33.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-453:33.55-37.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.5 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 18.7 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

“4.50”

Context: UGE-26-453

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.67

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-453FDNS · silverGrade: 13.87Grade Unit: g/tIntercept: 4.15 mView all details
Link to this fact

Identity

Hole ID
UGE-26-453
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.87
Grade Unit
g/t
Intercept
4.15 m
True Width
2.67 m
From
33.55 m
To
37.7 m
Intercept Depth
33.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-453:33.55-37.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.87 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 57.6 g/t·m is below.

Negative factors

  • 13.87 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

“13.87”

Context: UGE-26-453

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.67

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-453FDNS · goldGrade: 9.48Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-26-453
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.48
Grade Unit
g/t
Intercept
0.8 m
True Width
0.51 m
From
33.95 m
To
34.75 m
Intercept Depth
33.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-453:33.95-34.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.48 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.6 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 9.48 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“9.48”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.51

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-453FDNS · silverGrade: 22.55Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-26-453
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.55
Grade Unit
g/t
Intercept
0.8 m
True Width
0.51 m
From
33.95 m
To
34.75 m
Intercept Depth
33.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-453:33.95-34.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 22.55 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 18.0 g/t·m is below.

Negative factors

  • 22.55 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

“22.55”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.51

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-453FDNS · goldGrade: 4.68Grade Unit: g/tIntercept: 5.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-453
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.68
Grade Unit
g/t
Intercept
5.4 m
True Width
3.47 m
From
39 m
To
44.4 m
Intercept Depth
39 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-453:39-44.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.68 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 25.3 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

“4.68”

Context: UGE-26-453

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.47

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-453FDNS · silverGrade: 2.1Grade Unit: g/tIntercept: 5.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-453
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.1
Grade Unit
g/t
Intercept
5.4 m
True Width
3.47 m
From
39 m
To
44.4 m
Intercept Depth
39 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-453:39-44.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 2.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.3 g/t·m is below.

Negative factors

  • 2.1 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

“2.10”

Context: UGE-26-453

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.47

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · goldGrade: 3.28Grade Unit: g/tIntercept: 10.65 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.28
Grade Unit
g/t
Intercept
10.65 m
From
0.45 m
To
11.1 m
Intercept Depth
0.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:0.45-11.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.28 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 34.9 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

“3.28”

Context: UGE-26-454

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · silverGrade: 6.3Grade Unit: g/tIntercept: 10.65 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.3
Grade Unit
g/t
Intercept
10.65 m
From
0.45 m
To
11.1 m
Intercept Depth
0.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:0.45-11.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 67.1 g/t·m is below.

Negative factors

  • 6.3 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

“6.30”

Context: UGE-26-454

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · goldGrade: 10.69Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.69
Grade Unit
g/t
Intercept
0.9 m
From
0.45 m
To
1.35 m
Intercept Depth
0.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:0.45-1.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.69 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.6 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 10.69 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.69”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · silverGrade: 21.07Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.07
Grade Unit
g/t
Intercept
0.9 m
From
0.45 m
To
1.35 m
Intercept Depth
0.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:0.45-1.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 21.07 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 19.0 g/t·m is below.

Negative factors

  • 21.07 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

“21.07”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · goldGrade: 10.27Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.27
Grade Unit
g/t
Intercept
1.9 m
From
8.8 m
To
10.7 m
Intercept Depth
8.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:8.8-10.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.27 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 19.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.27 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.27”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · silverGrade: 10.27Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.27
Grade Unit
g/t
Intercept
1.9 m
From
8.8 m
To
10.7 m
Intercept Depth
8.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:8.8-10.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.27 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 19.5 g/t·m is below.

Negative factors

  • 10.27 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

“10.27”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · goldGrade: 9.54Grade Unit: g/tIntercept: 8.25 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.54
Grade Unit
g/t
Intercept
8.25 m
True Width
5.83 m
From
25.45 m
To
33.7 m
Intercept Depth
25.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:25.45-33.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 9.54 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 78.7 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 9.54 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“9.54”

Context: UGE-26-454

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.83

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · silverGrade: 19.86Grade Unit: g/tIntercept: 8.25 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.86
Grade Unit
g/t
Intercept
8.25 m
True Width
5.83 m
From
25.45 m
To
33.7 m
Intercept Depth
25.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:25.45-33.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 19.86 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 163.8 g/t·m is below.

Negative factors

  • 19.86 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

“19.86”

Context: UGE-26-454

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.83

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · goldGrade: 19.83Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.83
Grade Unit
g/t
Intercept
2.05 m
True Width
1.45 m
From
25.45 m
To
27.5 m
Intercept Depth
25.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:25.45-27.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 19.83 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 40.7 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 19.83 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“19.83”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.45

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · silverGrade: 26.25Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
26.25
Grade Unit
g/t
Intercept
2.05 m
True Width
1.45 m
From
25.45 m
To
27.5 m
Intercept Depth
25.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:25.45-27.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 26.25 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 53.8 g/t·m is below.

Negative factors

  • 26.25 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

“26.25”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.45

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · goldGrade: 26.34Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
26.34
Grade Unit
g/t
Intercept
1.25 m
True Width
0.88 m
From
32.45 m
To
33.7 m
Intercept Depth
32.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:32.45-33.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 26.34 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 32.9 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 26.34 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“26.34”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.88

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-454FDNS · silverGrade: 49.5Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
UGE-26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
49.5
Grade Unit
g/t
Intercept
1.25 m
True Width
0.88 m
From
32.45 m
To
33.7 m
Intercept Depth
32.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-454:32.45-33.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 49.5 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 61.9 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

“49.50”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.88

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-455FDNS · goldGrade: 5.88Grade Unit: g/tIntercept: 10.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-455
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.88
Grade Unit
g/t
Intercept
10.6 m
From
42 m
To
52.6 m
Intercept Depth
42 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-455:42-52.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 5.88 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 62.3 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.88”

Context: UGE-26-455

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-455FDNS · silverGrade: 7.43Grade Unit: g/tIntercept: 10.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-455
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.43
Grade Unit
g/t
Intercept
10.6 m
From
42 m
To
52.6 m
Intercept Depth
42 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-455:42-52.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.43 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 78.8 g/t·m is below.

Negative factors

  • 7.43 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

“7.43”

Context: UGE-26-455

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-455FDNS · goldGrade: 22.12Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
UGE-26-455
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.12
Grade Unit
g/t
Intercept
2.3 m
From
42.8 m
To
45.1 m
Intercept Depth
42.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-455:42.8-45.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 22.12 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 50.9 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 22.12 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“22.12”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-455FDNS · silverGrade: 16.87Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
UGE-26-455
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.87
Grade Unit
g/t
Intercept
2.3 m
From
42.8 m
To
45.1 m
Intercept Depth
42.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-455:42.8-45.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 16.87 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 38.8 g/t·m is below.

Negative factors

  • 16.87 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

“16.87”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-455FDNS · goldGrade: 4.91Grade Unit: g/tIntercept: 9.2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-455
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.91
Grade Unit
g/t
Intercept
9.2 m
From
60.5 m
To
69.7 m
Intercept Depth
60.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-455:60.5-69.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.91 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 45.2 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.91”

Context: UGE-26-455

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-455FDNS · silverGrade: 12.71Grade Unit: g/tIntercept: 9.2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-455
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.71
Grade Unit
g/t
Intercept
9.2 m
From
60.5 m
To
69.7 m
Intercept Depth
60.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-455:60.5-69.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 12.71 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 116.9 g/t·m is below.

Negative factors

  • 12.71 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

“12.71”

Context: UGE-26-455

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-455FDNS · goldGrade: 14.72Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-455
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.72
Grade Unit
g/t
Intercept
2 m
From
60.5 m
To
62.5 m
Intercept Depth
60.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-455:60.5-62.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 14.72 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 29.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 14.72 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“14.72”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-455FDNS · silverGrade: 10.25Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-455
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.25
Grade Unit
g/t
Intercept
2 m
From
60.5 m
To
62.5 m
Intercept Depth
60.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-455:60.5-62.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.25 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 20.5 g/t·m is below.

Negative factors

  • 10.25 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

“10.25”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-457FDNS · goldGrade: 39.16Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
UGE-26-457
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
39.16
Grade Unit
g/t
Intercept
3.15 m
True Width
3.1 m
From
71.85 m
To
75 m
Intercept Depth
71.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-457:71.85-75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 39.16 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 123.4 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 39.16 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“39.16”

Context: UGE-26-457

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.1

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-457FDNS · silverGrade: 17.55Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
UGE-26-457
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.55
Grade Unit
g/t
Intercept
3.15 m
True Width
3.1 m
From
71.85 m
To
75 m
Intercept Depth
71.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-457:71.85-75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 17.55 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 55.3 g/t·m is below.

Negative factors

  • 17.55 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

“17.55”

Context: UGE-26-457

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.1

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-457FDNS · goldGrade: 305Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-457
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
305
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
74.15 m
To
74.55 m
Intercept Depth
74.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-457:74.15-74.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 305 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 122.0 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 305 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“305.00”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-457FDNS · silverGrade: 127Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-457
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
127
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
74.15 m
To
74.55 m
Intercept Depth
74.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-457:74.15-74.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 127 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 50.8 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

“127.00”

Context: Including

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.39

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-461FDNS · goldGrade: 4.47Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
UGE-26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.47
Grade Unit
g/t
Intercept
2.35 m
From
66.35 m
To
68.7 m
Intercept Depth
66.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-461:66.35-68.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.47 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.5 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

“4.47”

Context: UGE-26-461

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-461FDNS · silverGrade: 16.88Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
UGE-26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.88
Grade Unit
g/t
Intercept
2.35 m
From
66.35 m
To
68.7 m
Intercept Depth
66.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-461:66.35-68.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 16.88 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 39.7 g/t·m is below.

Negative factors

  • 16.88 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

“16.88”

Context: UGE-26-461

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-461FDNS · goldGrade: 4.17Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
UGE-26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.17
Grade Unit
g/t
Intercept
3.75 m
From
70 m
To
73.75 m
Intercept Depth
70 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-461:70-73.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 4.17 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.6 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

“4.17”

Context: UGE-26-461

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-461FDNS · silverGrade: 13.69Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
UGE-26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.69
Grade Unit
g/t
Intercept
3.75 m
From
70 m
To
73.75 m
Intercept Depth
70 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-461:70-73.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.69 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 51.3 g/t·m is below.

Negative factors

  • 13.69 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

“13.69”

Context: UGE-26-461

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-461FDNS · goldGrade: 8.32Grade Unit: g/tIntercept: 7.85 mView all details
Link to this fact

Identity

Hole ID
UGE-26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.32
Grade Unit
g/t
Intercept
7.85 m
From
74.85 m
To
82.7 m
Intercept Depth
74.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-461:74.85-82.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.32 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 65.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 8.32 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.32”

Context: UGE-26-461

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-461FDNS · silverGrade: 23.15Grade Unit: g/tIntercept: 7.85 mView all details
Link to this fact

Identity

Hole ID
UGE-26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.15
Grade Unit
g/t
Intercept
7.85 m
From
74.85 m
To
82.7 m
Intercept Depth
74.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-461:74.85-82.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 23.15 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 181.7 g/t·m is below.

Negative factors

  • 23.15 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

“23.15”

Context: UGE-26-461

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-461FDNS · goldGrade: 15.71Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.71
Grade Unit
g/t
Intercept
3.4 m
From
78.9 m
To
82.3 m
Intercept Depth
78.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-461:78.9-82.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 15.71 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 53.4 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.71 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“15.71”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-461FDNS · silverGrade: 33.62Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
UGE-26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
33.62
Grade Unit
g/t
Intercept
3.4 m
From
78.9 m
To
82.3 m
Intercept Depth
78.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-461:78.9-82.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 33.62 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 114.3 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

“33.62”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-461FDNS · goldGrade: 3.47Grade Unit: g/tIntercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
UGE-26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.47
Grade Unit
g/t
Intercept
3.7 m
From
85.05 m
To
88.75 m
Intercept Depth
85.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-461:85.05-88.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.47 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.8 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.47”

Context: UGE-26-461

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-461FDNS · silverGrade: 23.13Grade Unit: g/tIntercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
UGE-26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.13
Grade Unit
g/t
Intercept
3.7 m
From
85.05 m
To
88.75 m
Intercept Depth
85.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-461:85.05-88.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 23.13 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 85.6 g/t·m is below.

Negative factors

  • 23.13 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

“23.13”

Context: UGE-26-461

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-463FDNS · goldGrade: 8.33Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.33
Grade Unit
g/t
Intercept
4.2 m
From
96.8 m
To
101 m
Intercept Depth
96.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-463:96.8-101
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.33 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 35.0 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 8.33 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.33”

Context: UGE-26-463

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-463FDNS · silverGrade: 7.06Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.06
Grade Unit
g/t
Intercept
4.2 m
From
96.8 m
To
101 m
Intercept Depth
96.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-463:96.8-101
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 7.06 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 29.7 g/t·m is below.

Negative factors

  • 7.06 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

“7.06”

Context: UGE-26-463

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-463FDNS · goldGrade: 41.8Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
41.8
Grade Unit
g/t
Intercept
0.45 m
From
96.8 m
To
97.25 m
Intercept Depth
96.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-463:96.8-97.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 41.8 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 18.8 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 41.8 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“41.80”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-463FDNS · silverGrade: 10.1Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.1
Grade Unit
g/t
Intercept
0.45 m
From
96.8 m
To
97.25 m
Intercept Depth
96.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-463:96.8-97.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.5 g/t·m is below.

Negative factors

  • 10.1 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

“10.10”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-463FDNS · goldGrade: 24.3Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
24.3
Grade Unit
g/t
Intercept
0.45 m
From
98.55 m
To
99 m
Intercept Depth
98.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-463:98.55-99
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 24.3 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.9 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 24.3 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“24.30”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-463FDNS · silverGrade: 15.6Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.6
Grade Unit
g/t
Intercept
0.45 m
From
98.55 m
To
99 m
Intercept Depth
98.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-463:98.55-99
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 15.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.0 g/t·m is below.

Negative factors

  • 15.6 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

“15.60”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-463FDNS · goldGrade: 6.05Grade Unit: g/tIntercept: 5.1 mView all details
Link to this fact

Identity

Hole ID
UGE-26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.05
Grade Unit
g/t
Intercept
5.1 m
From
135.6 m
To
140.7 m
Intercept Depth
135.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-463:135.6-140.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.05 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.9 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.05”

Context: UGE-26-463

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-463FDNS · silverGrade: 10.95Grade Unit: g/tIntercept: 5.1 mView all details
Link to this fact

Identity

Hole ID
UGE-26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.95
Grade Unit
g/t
Intercept
5.1 m
From
135.6 m
To
140.7 m
Intercept Depth
135.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-463:135.6-140.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.95 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 55.8 g/t·m is below.

Negative factors

  • 10.95 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

“10.95”

Context: UGE-26-463

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-463FDNS · goldGrade: 24Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
24
Grade Unit
g/t
Intercept
1 m
From
135.6 m
To
136.6 m
Intercept Depth
135.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-463:135.6-136.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 24 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 24.0 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 24 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“24.00”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-463FDNS · silverGrade: 17.9Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.9
Grade Unit
g/t
Intercept
1 m
From
135.6 m
To
136.6 m
Intercept Depth
135.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-463:135.6-136.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 17.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 17.9 g/t·m is below.

Negative factors

  • 17.9 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

“17.90”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-464FDNS · goldGrade: 6.16Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
UGE-26-464
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.16
Grade Unit
g/t
Intercept
6.1 m
From
42.45 m
To
48.55 m
Intercept Depth
42.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-464:42.45-48.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.16 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 37.6 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.16”

Context: UGE-26-464

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-464FDNS · silverGrade: 11.33Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
UGE-26-464
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.33
Grade Unit
g/t
Intercept
6.1 m
From
42.45 m
To
48.55 m
Intercept Depth
42.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-464:42.45-48.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 11.33 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 69.1 g/t·m is below.

Negative factors

  • 11.33 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

“11.33”

Context: UGE-26-464

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-464FDNS · goldGrade: 12.55Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-26-464
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.55
Grade Unit
g/t
Intercept
1 m
From
42.45 m
To
43.45 m
Intercept Depth
42.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-464:42.45-43.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 12.55 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 12.55 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“12.55”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-464FDNS · silverGrade: 19.1Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-26-464
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.1
Grade Unit
g/t
Intercept
1 m
From
42.45 m
To
43.45 m
Intercept Depth
42.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-464:42.45-43.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 19.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 19.1 g/t·m is below.

Negative factors

  • 19.1 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

“19.10”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-464FDNS · goldGrade: 8.45Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-464
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.45
Grade Unit
g/t
Intercept
2 m
From
45.45 m
To
47.45 m
Intercept Depth
45.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-464:45.45-47.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 8.45 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.9 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.45 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.45”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-464FDNS · silverGrade: 13.15Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-464
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.15
Grade Unit
g/t
Intercept
2 m
From
45.45 m
To
47.45 m
Intercept Depth
45.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-464:45.45-47.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.15 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 26.3 g/t·m is below.

Negative factors

  • 13.15 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

“13.15”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-479FDNS · goldGrade: 10.55Grade Unit: g/tIntercept: 23.55 mView all details
Link to this fact

Identity

Hole ID
UGE-26-479
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.55
Grade Unit
g/t
Intercept
23.55 m
From
58.15 m
To
81.7 m
Intercept Depth
58.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-479:58.15-81.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.55 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 248.5 g/t·m is strong.

Positive factors

  • 10.55 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.55”

Context: UGE-26-479

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-479FDNS · silverGrade: 27.07Grade Unit: g/tIntercept: 23.55 mView all details
Link to this fact

Identity

Hole ID
UGE-26-479
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.07
Grade Unit
g/t
Intercept
23.55 m
From
58.15 m
To
81.7 m
Intercept Depth
58.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-479:58.15-81.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 27.07 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 637.5 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“27.07”

Context: UGE-26-479

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-479FDNS · goldGrade: 24.9Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
UGE-26-479
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
24.9
Grade Unit
g/t
Intercept
2.3 m
From
78.6 m
To
80.9 m
Intercept Depth
78.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-479:78.6-80.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 24.9 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 57.3 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 24.9 g/t gold is exceptional on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“24.90”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-479FDNS · silverGrade: 12.32Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
UGE-26-479
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.32
Grade Unit
g/t
Intercept
2.3 m
From
78.6 m
To
80.9 m
Intercept Depth
78.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-479:78.6-80.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 12.32 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 28.3 g/t·m is below.

Negative factors

  • 12.32 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

“12.32”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-479FDNS · goldGrade: 6.37Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-479
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.37
Grade Unit
g/t
Intercept
3.6 m
From
131.5 m
To
135.1 m
Intercept Depth
131.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-479:131.5-135.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 6.37 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.9 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

“6.37”

Context: UGE-26-479

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-479FDNS · silverGrade: 3.11Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
UGE-26-479
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.11
Grade Unit
g/t
Intercept
3.6 m
From
131.5 m
To
135.1 m
Intercept Depth
131.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-479:131.5-135.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.11 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.2 g/t·m is below.

Negative factors

  • 3.11 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

“3.11”

Context: UGE-26-479

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-479FDNS · goldGrade: 10.84Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
UGE-26-479
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.84
Grade Unit
g/t
Intercept
1.8 m
From
133.3 m
To
135.1 m
Intercept Depth
133.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-479:133.3-135.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 10.84 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 19.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.84 g/t gold is strong on the underground mining band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.84”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

UGE-26-479FDNS · silverGrade: 2.86Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
UGE-26-479
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.86
Grade Unit
g/t
Intercept
1.8 m
From
133.3 m
To
135.1 m
Intercept Depth
133.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-479:133.3-135.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and ALS Laboratory in Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-05T00:00:00.000Z

Reasoning: Expanded from assay table. 2.86 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.1 g/t·m is below.

Negative factors

  • 2.86 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

“2.86”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 17 rigs currently operating at site between the epithermal gold deposits and copper gold porphyry targets, we remai"

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.