Lundin Gold Reports Further High-Grade Results at FDNS including 108.61 g/t Au over 11.75 Metres; Development Begins Toward FDN East Following Record Drill Result of 236.62 g/t Au over 3.95 Metres

Original announcement by tmx on

Company
Lundin Gold
Ticker
LUG
Exchange
TSX
Region
southeast Ecuador
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results
Extracted
2026-09-12 10:54:57 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Lundin Gold announced strong drill results from its ongoing conversion and near-mine exploration programs at the Fruta del Norte gold mine in Ecuador. Highlights include bonanza gold intercepts such as 108.61 g/t Au over 11.75 meters at FDNS and a record 236.62 g/t Au over 3.95 meters at FDN East. The company has commenced underground development towards FDN East to accelerate drilling and support potential future production, reinforcing confidence in the deposit's growth and conversion potential.

Reasoning: Lundin Gold reports exceptional high-grade gold and silver drill results from its Fruta del Norte project, extending mineralization at multiple zones and initiating development towards FDN East. These results significantly surpass previous averages and indicate strong potential for resource and reserve growth, despite some missing true width data and an undisclosed compositing cut-off.

Positive factors

  • Bonanza gold intercepts reported, including 2030 g/t Au over 0.40m and 933 g/t Au over 1.00m, significantly exceeding prior best grades and deposit-type thresholds.
  • High-grade gold and silver intercepts extend mineralization at depth and along strike, indicating significant resource growth potential.
  • True widths are reported for many intercepts, providing greater confidence in the geometry of the mineralization.
  • Underground development has commenced towards FDN East, which is expected to accelerate drilling and support future production, demonstrating commitment to advancing the project.
  • QA/QC procedures are disclosed, including the use of certified standards, blanks, and duplicates, and the results are signed off by a Qualified Person.

Negative factors

  • Some drill holes reported 'No Significant Results', indicating areas without economic mineralization.
  • For some intercepts, true width is not provided, which can lead to overestimation of actual thickness.
  • The specific cut-off grade used for compositing intervals is not explicitly stated, which reduces transparency.

Facts used in scoring: 854

Extracted facts

Stored fact records: 854. Some facts used in scoring do not have a stored record.

Drill Results (854)

FDN-C26-393FDNS · goldGrade: 7.58Grade Unit: g/tIntercept: 4.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-393
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.58
Grade Unit
g/t
Intercept
4.05 m
True Width
2.32 m
From
0 m
To
4.05 m
Hole Depth
125 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-393:0-4.05
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a moderate width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (7.58 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (2.32 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“7.58”

Context: 4.05

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 2.32

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-393FDNS · silverGrade: 41.75Grade Unit: g/tIntercept: 4.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-393
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
41.75
Grade Unit
g/t
Intercept
4.05 m
True Width
2.32 m
From
0 m
To
4.05 m
Hole Depth
125 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-393:0-4.05
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a good silver grade over a moderate width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (41.75 g/t Ag) is above the weak threshold for silver in an epithermal deposit.
  • True width is disclosed (2.32 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“41.75”

Context: 4.05

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 2.32

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-393FDNS · goldGrade: 16.23Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-393
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.23
Grade Unit
g/t
Intercept
1.7 m
True Width
0.98 m
From
1.55 m
To
3.25 m
Hole Depth
125 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-393:1.55-3.25
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows exceptional gold grades over a narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (16.23 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (0.98 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“16.23”

Context: 1.70

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 0.98

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-393FDNS · silverGrade: 84.48Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-393
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
84.48
Grade Unit
g/t
Intercept
1.7 m
True Width
0.98 m
From
1.55 m
To
3.25 m
Hole Depth
125 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-393:1.55-3.25
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a strong silver grade over a narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • Silver grade (84.48 g/t Ag) is above the weak threshold for silver in an epithermal deposit.
  • True width is disclosed (0.98 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“84.48”

Context: 1.70

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 0.98

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-393FDNS · goldGrade: 6.86Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-393
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.86
Grade Unit
g/t
Intercept
3.15 m
True Width
1.81 m
From
70.45 m
To
73.6 m
Hole Depth
125 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-393:70.45-73.6
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (6.86 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (1.81 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“6.86”

Context: 3.15

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 1.81

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-393FDNS · silverGrade: 109.82Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-393
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
109.82
Grade Unit
g/t
Intercept
3.15 m
True Width
1.81 m
From
70.45 m
To
73.6 m
Hole Depth
125 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-393:70.45-73.6
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows moderate silver grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (109.82 g/t Ag) is moderate for an epithermal deposit.
  • True width is disclosed (1.81 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“109.82”

Context: 3.15

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 1.81

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-393FDNS · goldGrade: 10.38Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-393
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.38
Grade Unit
g/t
Intercept
1.65 m
True Width
0.95 m
From
70.45 m
To
72.1 m
Hole Depth
125 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-393:70.45-72.1
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (10.38 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (0.95 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“10.38”

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 0.95

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-393FDNS · silverGrade: 106.16Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-393
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
106.16
Grade Unit
g/t
Intercept
1.65 m
True Width
0.95 m
From
70.45 m
To
72.1 m
Hole Depth
125 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-393:70.45-72.1
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-56 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows moderate silver grades over a narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • Silver grade (106.16 g/t Ag) is moderate for an epithermal deposit.
  • True width is disclosed (0.95 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“106.16”

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 0.95

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-394FDNS · goldGrade: 9.12Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-394
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.12
Grade Unit
g/t
Intercept
3.75 m
True Width
3.52 m
From
0 m
To
3.75 m
Hole Depth
150 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-394:0-3.75
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
156 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (9.12 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (3.52 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“9.12”

Context: 3.75

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 3.52

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-394FDNS · silverGrade: 6.17Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-394
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.17
Grade Unit
g/t
Intercept
3.75 m
True Width
3.52 m
From
0 m
To
3.75 m
Hole Depth
150 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-394:0-3.75
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
156 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (3.52 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (6.17 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“6.17”

Context: 3.75

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 3.52

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-394FDNS · goldGrade: 16.65Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-394
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.65
Grade Unit
g/t
Intercept
1.95 m
True Width
1.83 m
From
0 m
To
1.95 m
Hole Depth
150 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-394:0-1.95
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
156 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows exceptional gold grades over a narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (16.65 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (1.83 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“16.65”

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 1.83

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-394FDNS · silverGrade: 8.28Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-394
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.28
Grade Unit
g/t
Intercept
1.95 m
True Width
1.83 m
From
0 m
To
1.95 m
Hole Depth
150 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-394:0-1.95
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
156 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (1.83 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (8.28 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“8.28”

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 1.83

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-394FDNS · goldGrade: 10.41Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-394
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.41
Grade Unit
g/t
Intercept
3.75 m
True Width
3.52 m
From
119.6 m
To
123.35 m
Hole Depth
150 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-394:119.6-123.35
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
156 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (10.41 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (3.52 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“10.41”

Context: 3.75

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 3.52

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-394FDNS · silverGrade: 67.11Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-394
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
67.11
Grade Unit
g/t
Intercept
3.75 m
True Width
3.52 m
From
119.6 m
To
123.35 m
Hole Depth
150 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-394:119.6-123.35
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
156 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a good silver grade over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (67.11 g/t Ag) is above the weak threshold for silver in an epithermal deposit.
  • True width is disclosed (3.52 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“67.11”

Context: 3.75

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 3.52

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-394FDNS · goldGrade: 33.1Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-394
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
33.1
Grade Unit
g/t
Intercept
0.85 m
True Width
0.8 m
From
122.5 m
To
123.35 m
Hole Depth
150 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-394:122.5-123.35
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
156 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows exceptional gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (33.10 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (0.80 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“33.10”

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 0.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-394FDNS · silverGrade: 16.5Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-394
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.5
Grade Unit
g/t
Intercept
0.85 m
True Width
0.8 m
From
122.5 m
To
123.35 m
Hole Depth
150 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-394:122.5-123.35
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
156 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (0.80 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (16.50 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“16.50”

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 0.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · goldGrade: 7.52Grade Unit: g/tIntercept: 3.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.52
Grade Unit
g/t
Intercept
3.55 m
True Width
3.22 m
From
17.95 m
To
21.5 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:17.95-21.5
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (7.52 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (3.22 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“7.52”

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 3.22

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · silverGrade: 12.51Grade Unit: g/tIntercept: 3.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.51
Grade Unit
g/t
Intercept
3.55 m
True Width
3.22 m
From
17.95 m
To
21.5 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:17.95-21.5
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (3.22 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (12.51 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“12.51”

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 3.22

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · goldGrade: 12.15Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.15
Grade Unit
g/t
Intercept
0.5 m
True Width
0.45 m
From
20.05 m
To
20.55 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:20.05-20.55
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (12.15 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (0.45 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“12.15”

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 0.45

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · silverGrade: 10.8Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.8
Grade Unit
g/t
Intercept
0.5 m
True Width
0.45 m
From
20.05 m
To
20.55 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:20.05-20.55
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (0.45 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (10.80 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“10.80”

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 0.45

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · goldGrade: 4.4Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
3.05 m
True Width
2.76 m
From
37.7 m
To
40.75 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:37.7-40.75
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (4.40 g/t Au) is moderate for an underground epithermal deposit.
  • True width is disclosed (2.76 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“4.40”

Context: 3.05

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 2.76

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · silverGrade: 12.51Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.51
Grade Unit
g/t
Intercept
3.05 m
True Width
2.76 m
From
37.7 m
To
40.75 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:37.7-40.75
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (2.76 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (12.51 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“12.51”

Context: 3.05

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 2.76

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · goldGrade: 8.82Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.82
Grade Unit
g/t
Intercept
0.85 m
True Width
0.77 m
From
37.7 m
To
38.55 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:37.7-38.55
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (8.82 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (0.77 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“8.82”

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 0.77

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · silverGrade: 22.52Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.52
Grade Unit
g/t
Intercept
0.85 m
True Width
0.77 m
From
37.7 m
To
38.55 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:37.7-38.55
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (0.77 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (22.52 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“22.52”

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 0.77

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · goldGrade: 8.89Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.89
Grade Unit
g/t
Intercept
1.25 m
True Width
1.17 m
From
60.3 m
To
61.55 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:60.3-61.55
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a very narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (8.89 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (1.17 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“8.89”

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 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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · silverGrade: 7.77Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.77
Grade Unit
g/t
Intercept
1.25 m
True Width
1.17 m
From
60.3 m
To
61.55 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:60.3-61.55
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (1.17 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (7.77 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“7.77”

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 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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · goldGrade: 8.81Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.81
Grade Unit
g/t
Intercept
3.25 m
True Width
2.81 m
From
79.05 m
To
82.3 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:79.05-82.3
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (8.81 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (2.81 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“8.81”

Context: 3.25

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 2.81

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · silverGrade: 8.08Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.08
Grade Unit
g/t
Intercept
3.25 m
True Width
2.81 m
From
79.05 m
To
82.3 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:79.05-82.3
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (2.81 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (8.08 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“8.08”

Context: 3.25

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 2.81

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · goldGrade: 16.28Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.28
Grade Unit
g/t
Intercept
1.55 m
True Width
1.34 m
From
80.75 m
To
82.3 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:80.75-82.3
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows exceptional gold grades over a narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (16.28 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (1.34 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“16.28”

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 1.34

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · silverGrade: 12.48Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.48
Grade Unit
g/t
Intercept
1.55 m
True Width
1.34 m
From
80.75 m
To
82.3 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:80.75-82.3
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (1.34 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (12.48 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“12.48”

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 1.34

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · goldGrade: 6.35Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.35
Grade Unit
g/t
Intercept
3.15 m
True Width
2.73 m
From
92.45 m
To
95.6 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:92.45-95.6
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (6.35 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (2.73 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“6.35”

Context: 3.15

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 2.73

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · silverGrade: 3.99Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.99
Grade Unit
g/t
Intercept
3.15 m
True Width
2.73 m
From
92.45 m
To
95.6 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:92.45-95.6
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (2.73 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (3.99 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“3.99”

Context: 3.15

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 2.73

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · goldGrade: 10.55Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.55
Grade Unit
g/t
Intercept
1.25 m
True Width
1.08 m
From
92.45 m
To
93.7 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:92.45-93.7
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (10.55 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (1.08 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“10.55”

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 1.08

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · silverGrade: 4.41Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.41
Grade Unit
g/t
Intercept
1.25 m
True Width
1.08 m
From
92.45 m
To
93.7 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:92.45-93.7
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (1.08 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (4.41 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“4.41”

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 1.08

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · goldGrade: 5.89Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.89
Grade Unit
g/t
Intercept
2.45 m
True Width
2.12 m
From
104.85 m
To
107.3 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:104.85-107.3
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (5.89 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (2.12 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“5.89”

Context: 2.45

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 2.12

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · silverGrade: 51.73Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
51.73
Grade Unit
g/t
Intercept
2.45 m
True Width
2.12 m
From
104.85 m
To
107.3 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:104.85-107.3
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows moderate silver grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (51.73 g/t Ag) is moderate for an epithermal deposit.
  • True width is disclosed (2.12 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“51.73”

Context: 2.45

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 2.12

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · goldGrade: 10.03Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.03
Grade Unit
g/t
Intercept
1.1 m
True Width
0.95 m
From
104.85 m
To
105.95 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:104.85-105.95
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (10.03 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (0.95 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“10.03”

Context: 1.10

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 0.95

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-396FDNS · silverGrade: 106.91Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-396
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
106.91
Grade Unit
g/t
Intercept
1.1 m
True Width
0.95 m
From
104.85 m
To
105.95 m
Hole Depth
110 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-396:104.85-105.95
Mining Method
underground

Location

Location
Underground
Easting
778147
Northing
9582594
Elevation
1251 m
Azimuth
157 °
Dip
-24 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows moderate silver grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • Silver grade (106.91 g/t Ag) is moderate for an epithermal deposit.
  • True width is disclosed (0.95 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“106.91”

Context: 1.10

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 0.95

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-399FDNS · goldGrade: 8.82Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-399
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.82
Grade Unit
g/t
Intercept
3 m
True Width
2.46 m
From
0 m
To
3 m
Hole Depth
126.6 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-399:0-3
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
152 °
Dip
-34 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (8.82 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (2.46 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“8.82”

Context: 3.00

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 2.46

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-399FDNS · silverGrade: 6.53Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-399
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.53
Grade Unit
g/t
Intercept
3 m
True Width
2.46 m
From
0 m
To
3 m
Hole Depth
126.6 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-399:0-3
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
152 °
Dip
-34 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (2.46 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (6.53 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“6.53”

Context: 3.00

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 2.46

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-399FDNS · goldGrade: 12.33Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-399
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.33
Grade Unit
g/t
Intercept
2 m
True Width
1.64 m
From
0 m
To
2 m
Hole Depth
126.6 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-399:0-2
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
152 °
Dip
-34 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (12.33 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (1.64 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“12.33”

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 1.64

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-399FDNS · silverGrade: 7.75Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-399
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.75
Grade Unit
g/t
Intercept
2 m
True Width
1.64 m
From
0 m
To
2 m
Hole Depth
126.6 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-399:0-2
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582333
Elevation
1090 m
Azimuth
152 °
Dip
-34 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (1.64 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (7.75 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“7.75”

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 1.64

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-400FDNS · goldGrade: 8.68Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-400
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.68
Grade Unit
g/t
Intercept
4.4 m
True Width
3.11 m
From
41.5 m
To
45.9 m
Hole Depth
105 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-400:41.5-45.9
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582334
Elevation
1090 m
Azimuth
138 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (8.68 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (3.11 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“8.68”

Context: 4.40

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 3.11

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-400FDNS · silverGrade: 4.91Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-400
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.91
Grade Unit
g/t
Intercept
4.4 m
True Width
3.11 m
From
41.5 m
To
45.9 m
Hole Depth
105 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-400:41.5-45.9
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582334
Elevation
1090 m
Azimuth
138 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (3.11 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (4.91 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“4.91”

Context: 4.40

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 3.11

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-400FDNS · goldGrade: 87.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-400
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
87.4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
45.5 m
To
45.9 m
Hole Depth
105 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-400:45.5-45.9
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582334
Elevation
1090 m
Azimuth
138 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows bonanza gold grades over a very narrow width with disclosed true width, indicating a significant high-grade zone within the broader intercept.

Positive factors

  • Bonanza gold intercept (87.40 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (0.28 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“87.40”

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-400FDNS · silverGrade: 36.2Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-400
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
36.2
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
45.5 m
To
45.9 m
Hole Depth
105 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-400:45.5-45.9
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582334
Elevation
1090 m
Azimuth
138 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a good silver grade over a very narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (36.20 g/t Ag) is above the weak threshold for silver in an epithermal deposit.
  • True width is disclosed (0.28 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“36.20”

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-400FDNS · goldGrade: 18.74Grade Unit: g/tIntercept: 8.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-400
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.74
Grade Unit
g/t
Intercept
8.75 m
True Width
6.19 m
From
78.8 m
To
87.55 m
Hole Depth
105 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-400:78.8-87.55
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582334
Elevation
1090 m
Azimuth
138 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows exceptional gold grades over a moderate width with disclosed true width, contributing significantly to the project's known mineralization.

Positive factors

  • High-grade gold intercept (18.74 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (6.19 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“18.74”

Context: 8.75

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 6.19

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-400FDNS · silverGrade: 12.3Grade Unit: g/tIntercept: 8.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-400
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.3
Grade Unit
g/t
Intercept
8.75 m
True Width
6.19 m
From
78.8 m
To
87.55 m
Hole Depth
105 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-400:78.8-87.55
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582334
Elevation
1090 m
Azimuth
138 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a moderate width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (6.19 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (12.30 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“12.30”

Context: 8.75

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 6.19

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-400FDNS · goldGrade: 375Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-400
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
375
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
81.55 m
To
81.95 m
Hole Depth
105 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-400:81.55-81.95
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582334
Elevation
1090 m
Azimuth
138 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows bonanza gold grades over a very narrow width with disclosed true width, indicating a significant high-grade zone within the broader intercept.

Positive factors

  • Bonanza gold intercept (375.00 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (0.28 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“375.00”

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 0.28

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-400FDNS · silverGrade: 178Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-400
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
178
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
81.55 m
To
81.95 m
Hole Depth
105 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-400:81.55-81.95
Mining Method
underground

Location

Location
Underground
Easting
778157
Northing
9582334
Elevation
1090 m
Azimuth
138 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong silver grades over a very narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (178.00 g/t Ag) is strong for an epithermal deposit.
  • True width is disclosed (0.28 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“178.00”

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 0.28

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-402FDNS · goldGrade: 18.2Grade Unit: g/tIntercept: 9.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-402
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.2
Grade Unit
g/t
Intercept
9.25 m
True Width
6.54 m
From
34.55 m
To
43.8 m
Hole Depth
80.2 m
Intercept Depth
34.55 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-402:34.55-43.8
Mining Method
underground

Location

Location
Underground
Easting
778169
Northing
9582486
Elevation
1087 m
Azimuth
292 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows exceptional gold grades over a moderate width with disclosed true width, contributing significantly to the project's known mineralization.

Positive factors

  • High-grade gold intercept (18.20 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (6.54 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“18.20”

Context: 9.25

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 6.54

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-402FDNS · silverGrade: 21.38Grade Unit: g/tIntercept: 9.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-402
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.38
Grade Unit
g/t
Intercept
9.25 m
True Width
6.54 m
From
34.55 m
To
43.8 m
Hole Depth
80.2 m
Intercept Depth
34.55 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-402:34.55-43.8
Mining Method
underground

Location

Location
Underground
Easting
778169
Northing
9582486
Elevation
1087 m
Azimuth
292 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a moderate width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (6.54 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (21.38 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“21.38”

Context: 9.25

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 6.54

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-402FDNS · goldGrade: 96.13Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-402
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
96.13
Grade Unit
g/t
Intercept
0.9 m
True Width
0.64 m
From
34.55 m
To
35.45 m
Hole Depth
80.2 m
Intercept Depth
34.55 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-402:34.55-35.45
Mining Method
underground

Location

Location
Underground
Easting
778169
Northing
9582486
Elevation
1087 m
Azimuth
292 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows bonanza gold grades over a very narrow width with disclosed true width, indicating a significant high-grade zone within the broader intercept.

Positive factors

  • Bonanza gold intercept (96.13 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (0.64 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“96.13”

Context: 0.90

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 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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-402FDNS · silverGrade: 64.25Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-402
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
64.25
Grade Unit
g/t
Intercept
0.9 m
True Width
0.64 m
From
34.55 m
To
35.45 m
Hole Depth
80.2 m
Intercept Depth
34.55 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-402:34.55-35.45
Mining Method
underground

Location

Location
Underground
Easting
778169
Northing
9582486
Elevation
1087 m
Azimuth
292 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a good silver grade over a very narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (64.25 g/t Ag) is above the weak threshold for silver in an epithermal deposit.
  • True width is disclosed (0.64 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“64.25”

Context: 0.90

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 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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-402FDNS · goldGrade: 52.87Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-402
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
52.87
Grade Unit
g/t
Intercept
1.3 m
True Width
0.92 m
From
41.9 m
To
43.2 m
Hole Depth
80.2 m
Intercept Depth
34.55 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-402:41.9-43.2
Mining Method
underground

Location

Location
Underground
Easting
778169
Northing
9582486
Elevation
1087 m
Azimuth
292 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows bonanza gold grades over a very narrow width with disclosed true width, indicating a significant high-grade zone within the broader intercept.

Positive factors

  • Bonanza gold intercept (52.87 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (0.92 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“52.87”

Context: 1.30

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 0.92

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-402FDNS · silverGrade: 23.64Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-402
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.64
Grade Unit
g/t
Intercept
1.3 m
True Width
0.92 m
From
41.9 m
To
43.2 m
Hole Depth
80.2 m
Intercept Depth
34.55 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-402:41.9-43.2
Mining Method
underground

Location

Location
Underground
Easting
778169
Northing
9582486
Elevation
1087 m
Azimuth
292 °
Dip
-44 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (0.92 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (23.64 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“23.64”

Context: 1.30

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 0.92

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 5.36Grade Unit: g/tIntercept: 5.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.36
Grade Unit
g/t
Intercept
5.3 m
True Width
3.41 m
From
4.5 m
To
9.8 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:4.5-9.8
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (5.36 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (3.41 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“5.36”

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 3.41

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 7.5Grade Unit: g/tIntercept: 5.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.5
Grade Unit
g/t
Intercept
5.3 m
True Width
3.41 m
From
4.5 m
To
9.8 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:4.5-9.8
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (3.41 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (7.50 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“7.50”

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 3.41

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 12Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12
Grade Unit
g/t
Intercept
1.35 m
True Width
0.87 m
From
6.5 m
To
7.85 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:6.5-7.85
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (12.00 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (0.87 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“12.00”

Context: 1.35

Tags 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 9.61Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.61
Grade Unit
g/t
Intercept
1.35 m
True Width
0.87 m
From
6.5 m
To
7.85 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:6.5-7.85
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (0.87 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (9.61 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“9.61”

Context: 1.35

Tags 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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 4.07Grade Unit: g/tIntercept: 5.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.07
Grade Unit
g/t
Intercept
5.75 m
True Width
4.4 m
From
48.35 m
To
54.1 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:48.35-54.1
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (4.07 g/t Au) is moderate for an underground epithermal deposit.
  • True width is disclosed (4.40 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“4.07”

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 4.4

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 4.56Grade Unit: g/tIntercept: 5.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.56
Grade Unit
g/t
Intercept
5.75 m
True Width
4.4 m
From
48.35 m
To
54.1 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:48.35-54.1
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (4.40 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (4.56 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“4.56”

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 4.4

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 11.36Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.36
Grade Unit
g/t
Intercept
0.8 m
True Width
0.61 m
From
52.1 m
To
52.9 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:52.1-52.9
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (11.36 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (0.61 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“11.36”

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 0.61

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 9.4Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.4
Grade Unit
g/t
Intercept
0.8 m
True Width
0.61 m
From
52.1 m
To
52.9 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:52.1-52.9
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (0.61 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (9.40 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“9.40”

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 0.61

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 4.55Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.55
Grade Unit
g/t
Intercept
4 m
True Width
3.06 m
From
61.9 m
To
65.9 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:61.9-65.9
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (4.55 g/t Au) is moderate for an underground epithermal deposit.
  • True width is disclosed (3.06 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“4.55”

Context: 4.00

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 3.06

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 3.19Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.19
Grade Unit
g/t
Intercept
4 m
True Width
3.06 m
From
61.9 m
To
65.9 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:61.9-65.9
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (3.06 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (3.19 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“3.19”

Context: 4.00

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 3.06

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 11.3Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.3
Grade Unit
g/t
Intercept
0.7 m
True Width
0.54 m
From
63.45 m
To
64.15 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:63.45-64.15
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (11.30 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (0.54 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“11.30”

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 0.54

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 5.2Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.2
Grade Unit
g/t
Intercept
0.7 m
True Width
0.54 m
From
63.45 m
To
64.15 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:63.45-64.15
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (0.54 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (5.20 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“5.20”

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 0.54

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 5.2Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.2
Grade Unit
g/t
Intercept
3.35 m
True Width
2.57 m
From
69.75 m
To
73.1 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:69.75-73.1
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (5.20 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (2.57 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“5.20”

Context: 3.35

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.57

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 5.38Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.38
Grade Unit
g/t
Intercept
3.35 m
True Width
2.57 m
From
69.75 m
To
73.1 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:69.75-73.1
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (2.57 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (5.38 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“5.38”

Context: 3.35

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.57

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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 33.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
33.4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.31 m
From
69.75 m
To
70.15 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:69.75-70.15
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows exceptional gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (33.40 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (0.31 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“33.40”

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 0.31

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 15.8Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.8
Grade Unit
g/t
Intercept
0.4 m
True Width
0.31 m
From
69.75 m
To
70.15 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:69.75-70.15
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (0.31 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (15.80 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

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 0.31

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 6.92Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.92
Grade Unit
g/t
Intercept
2.55 m
True Width
1.8 m
From
87.25 m
To
89.8 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:87.25-89.8
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (6.92 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (1.80 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“6.92”

Context: 2.55

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 1.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 16Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16
Grade Unit
g/t
Intercept
2.55 m
True Width
1.8 m
From
87.25 m
To
89.8 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:87.25-89.8
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (1.80 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (16.00 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“16.00”

Context: 2.55

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 1.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 14.88Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.88
Grade Unit
g/t
Intercept
1.15 m
True Width
0.81 m
From
88.25 m
To
89.4 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:88.25-89.4
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (14.88 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (0.81 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“14.88”

Context: 1.15

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 0.81

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 28.51Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
28.51
Grade Unit
g/t
Intercept
1.15 m
True Width
0.81 m
From
88.25 m
To
89.4 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:88.25-89.4
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (0.81 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (28.51 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“28.51”

Context: 1.15

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 0.81

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 13.41Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.41
Grade Unit
g/t
Intercept
4.3 m
True Width
3.04 m
From
96.9 m
To
101.2 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:96.9-101.2
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (13.41 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (3.04 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“13.41”

Context: 4.30

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 3.04

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 11.63Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.63
Grade Unit
g/t
Intercept
4.3 m
True Width
3.04 m
From
96.9 m
To
101.2 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:96.9-101.2
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (3.04 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (11.63 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“11.63”

Context: 4.30

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 3.04

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · goldGrade: 39.91Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
39.91
Grade Unit
g/t
Intercept
1.35 m
True Width
0.95 m
From
96.9 m
To
98.25 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:96.9-98.25
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows exceptional gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (39.91 g/t Au) is exceptional for an underground epithermal deposit.
  • True width is disclosed (0.95 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“39.91”

Context: 1.35

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.95

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-403FDNS · silverGrade: 18.09Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-403
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.09
Grade Unit
g/t
Intercept
1.35 m
True Width
0.95 m
From
96.9 m
To
98.25 m
Hole Depth
110 m
Intercept Depth
4.5 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-403:96.9-98.25
Mining Method
underground

Location

Location
Underground
Easting
778148
Northing
9582595
Elevation
1251 m
Azimuth
152 °
Dip
-67 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a weak silver grade over a very narrow width with disclosed true width, contributing marginally to the project's known mineralization.

Positive factors

  • True width is disclosed (0.95 m), adding confidence to the intercept's geometry.

Negative factors

  • Silver grade (18.09 g/t Ag) is below the weak threshold for silver in an epithermal deposit.
  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“18.09”

Context: 1.35

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.95

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · goldGrade: 4.55Grade Unit: g/tIntercept: 3.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.55
Grade Unit
g/t
Intercept
3.45 m
True Width
1.62 m
From
0 m
To
3.45 m
Hole Depth
145 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-405:0-3.45
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (4.55 g/t Au) is moderate for an underground epithermal deposit.
  • True width is disclosed (1.62 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“4.55”

Context: 3.45

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 1.62

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · silverGrade: 46.99Grade Unit: g/tIntercept: 3.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
46.99
Grade Unit
g/t
Intercept
3.45 m
True Width
1.62 m
From
0 m
To
3.45 m
Hole Depth
145 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-405:0-3.45
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a good silver grade over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (46.99 g/t Ag) is above the weak threshold for silver in an epithermal deposit.
  • True width is disclosed (1.62 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“46.99”

Context: 3.45

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 1.62

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · goldGrade: 8.8Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.8
Grade Unit
g/t
Intercept
0.95 m
True Width
0.45 m
From
1.5 m
To
2.45 m
Hole Depth
145 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-405:1.5-2.45
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (8.80 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (0.45 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“8.80”

Context: 0.95

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 0.45

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · silverGrade: 61.9Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
61.9
Grade Unit
g/t
Intercept
0.95 m
True Width
0.45 m
From
1.5 m
To
2.45 m
Hole Depth
145 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-405:1.5-2.45
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a good silver grade over a very narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (61.90 g/t Ag) is above the weak threshold for silver in an epithermal deposit.
  • True width is disclosed (0.45 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“61.90”

Context: 0.95

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 0.45

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · goldGrade: 5.11Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.11
Grade Unit
g/t
Intercept
1.8 m
True Width
0.85 m
From
80.3 m
To
82.1 m
Hole Depth
145 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-405:80.3-82.1
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a very narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (5.11 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (0.85 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“5.11”

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 0.85

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · silverGrade: 52.77Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
52.77
Grade Unit
g/t
Intercept
1.8 m
True Width
0.85 m
From
80.3 m
To
82.1 m
Hole Depth
145 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-405:80.3-82.1
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows moderate silver grades over a very narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (52.77 g/t Ag) is moderate for an epithermal deposit.
  • True width is disclosed (0.85 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“52.77”

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 0.85

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · goldGrade: 4.84Grade Unit: g/tIntercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.84
Grade Unit
g/t
Intercept
3.65 m
True Width
1.71 m
From
87.35 m
To
91 m
Hole Depth
145 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-405:87.35-91
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows strong gold grades over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • High-grade gold intercept (4.84 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (1.71 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“4.84”

Context: 3.65

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 1.71

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · silverGrade: 30.39Grade Unit: g/tIntercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
30.39
Grade Unit
g/t
Intercept
3.65 m
True Width
1.71 m
From
87.35 m
To
91 m
Hole Depth
145 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-405:87.35-91
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This intercept shows a good silver grade over a narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (30.39 g/t Ag) is above the weak threshold for silver in an epithermal deposit.
  • True width is disclosed (1.71 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“30.39”

Context: 3.65

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 1.71

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · goldGrade: 13.45Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.45
Grade Unit
g/t
Intercept
0.9 m
True Width
0.42 m
From
87.35 m
To
88.25 m
Hole Depth
145 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-405:87.35-88.25
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a very narrow width with disclosed true width, indicating a high-grade zone within the broader intercept.

Positive factors

  • High-grade gold intercept (13.45 g/t Au) is strong for an underground epithermal deposit.
  • True width is disclosed (0.42 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“13.45”

Context: 0.90

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 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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · silverGrade: 89.6Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
89.6
Grade Unit
g/t
Intercept
0.9 m
True Width
0.42 m
From
87.35 m
To
88.25 m
Hole Depth
145 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
FDN-C26-405:87.35-88.25
Mining Method
underground

Location

Location
Underground
Easting
778218
Northing
9582536
Elevation
1085 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: This sub-interval shows a good silver grade over a very narrow width with disclosed true width, contributing positively to the project's known mineralization.

Positive factors

  • Silver grade (89.60 g/t Ag) is above the weak threshold for silver in an epithermal deposit.
  • True width is disclosed (0.42 m), adding confidence to the intercept's geometry.

Negative factors

  • The specific cut-off grade used for compositing is not explicitly stated.

Evidence · table

“89.60”

Context: 0.90

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 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 "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · goldGrade: 13.73Grade Unit: g/tIntercept: 4.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.73
Grade Unit
g/t
Intercept
4.15 m
True Width
1.95 m
From
117.55 m
To
121.7 m
Intercept Depth
117.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-405:117.55-121.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.73 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 57.0 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 13.73 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

“13.73”

Context: FDN-C26-405

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · silverGrade: 141.26Grade Unit: g/tIntercept: 4.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
141.26
Grade Unit
g/t
Intercept
4.15 m
True Width
1.95 m
From
117.55 m
To
121.7 m
Intercept Depth
117.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-405:117.55-121.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 141.26 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 586.2 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

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

Evidence · table

“141.26”

Context: FDN-C26-405

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · goldGrade: 31.03Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
31.03
Grade Unit
g/t
Intercept
1.7 m
True Width
0.8 m
From
120 m
To
121.7 m
Intercept Depth
120 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-405:120-121.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 31.03 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 52.8 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 31.03 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

“31.03”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-405FDNS · silverGrade: 274.96Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-405
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
274.96
Grade Unit
g/t
Intercept
1.7 m
True Width
0.8 m
From
120 m
To
121.7 m
Intercept Depth
120 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-405:120-121.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 274.96 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 467.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

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

Negative factors

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

Evidence · table

“274.96”

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 0.8

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · goldGrade: 3.75Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.75
Grade Unit
g/t
Intercept
2.45 m
True Width
2.12 m
From
2.5 m
To
4.95 m
Intercept Depth
2.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:2.5-4.95
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.75 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.2 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

“3.75”

Context: FDN-C26-407

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · silverGrade: 9.18Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.18
Grade Unit
g/t
Intercept
2.45 m
True Width
2.12 m
From
2.5 m
To
4.95 m
Intercept Depth
2.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:2.5-4.95
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.18 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

  • 9.18 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

“9.18”

Context: FDN-C26-407

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · goldGrade: 4.73Grade Unit: g/tIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.73
Grade Unit
g/t
Intercept
4.75 m
True Width
4.11 m
From
8.45 m
To
13.2 m
Intercept Depth
8.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:8.45-13.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.73 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.5 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

“4.73”

Context: FDN-C26-407

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.11

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · silverGrade: 6.23Grade Unit: g/tIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.23
Grade Unit
g/t
Intercept
4.75 m
True Width
4.11 m
From
8.45 m
To
13.2 m
Intercept Depth
8.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:8.45-13.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.23 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 29.6 g/t·m is below.

Negative factors

  • 6.23 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

“6.23”

Context: FDN-C26-407

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.11

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · goldGrade: 7.42Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.42
Grade Unit
g/t
Intercept
1.1 m
True Width
0.95 m
From
10.45 m
To
11.55 m
Intercept Depth
10.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:10.45-11.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.42 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.2 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 7.42 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

“7.42”

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 0.95

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · silverGrade: 9.94Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.94
Grade Unit
g/t
Intercept
1.1 m
True Width
0.95 m
From
10.45 m
To
11.55 m
Intercept Depth
10.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:10.45-11.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.94 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.9 g/t·m is below.

Negative factors

  • 9.94 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

“9.94”

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 0.95

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · goldGrade: 5.1Grade Unit: g/tIntercept: 5.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.1
Grade Unit
g/t
Intercept
5.65 m
True Width
4.89 m
From
16.9 m
To
22.55 m
Intercept Depth
16.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:16.9-22.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.1 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 28.8 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

“5.10”

Context: FDN-C26-407

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.89

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · silverGrade: 8.52Grade Unit: g/tIntercept: 5.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.52
Grade Unit
g/t
Intercept
5.65 m
True Width
4.89 m
From
16.9 m
To
22.55 m
Intercept Depth
16.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:16.9-22.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.52 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 48.1 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-C26-407

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.89

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · goldGrade: 15.75Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.75
Grade Unit
g/t
Intercept
1.2 m
True Width
1.04 m
From
16.9 m
To
18.1 m
Intercept Depth
16.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:16.9-18.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.75 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

  • 15.75 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

“15.75”

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 1.04

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · silverGrade: 8.87Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.87
Grade Unit
g/t
Intercept
1.2 m
True Width
1.04 m
From
16.9 m
To
18.1 m
Intercept Depth
16.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:16.9-18.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.87 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

  • 8.87 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

“8.87”

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 1.04

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · goldGrade: 6.3Grade Unit: g/tIntercept: 7.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.3
Grade Unit
g/t
Intercept
7.15 m
True Width
6.19 m
From
30.15 m
To
37.3 m
Intercept Depth
30.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:30.15-37.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.3 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 45.0 g/t·m is moderate.

Negative factors

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

Evidence · table

“6.30”

Context: FDN-C26-407

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.19

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · silverGrade: 8.11Grade Unit: g/tIntercept: 7.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.11
Grade Unit
g/t
Intercept
7.15 m
True Width
6.19 m
From
30.15 m
To
37.3 m
Intercept Depth
30.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:30.15-37.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.11 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 58.0 g/t·m is below.

Negative factors

  • 8.11 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

“8.11”

Context: FDN-C26-407

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.19

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · goldGrade: 19.3Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.3
Grade Unit
g/t
Intercept
1.35 m
True Width
1.17 m
From
35.95 m
To
37.3 m
Intercept Depth
35.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:35.95-37.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 19.3 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 26.1 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 19.3 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

“19.30”

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 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-407FDNS · silverGrade: 19.25Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-407
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.25
Grade Unit
g/t
Intercept
1.35 m
True Width
1.17 m
From
35.95 m
To
37.3 m
Intercept Depth
35.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-407:35.95-37.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 19.25 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 26.0 g/t·m is below.

Negative factors

  • 19.25 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

“19.25”

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 1.17

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-408FDNS · goldGrade: 5.52Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-408
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.52
Grade Unit
g/t
Intercept
3.25 m
True Width
1.63 m
From
77.35 m
To
80.6 m
Intercept Depth
77.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-408:77.35-80.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.52 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.9 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

“5.52”

Context: FDN-C26-408

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-408FDNS · silverGrade: 20.4Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-408
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.4
Grade Unit
g/t
Intercept
3.25 m
True Width
1.63 m
From
77.35 m
To
80.6 m
Intercept Depth
77.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-408:77.35-80.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 20.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 66.3 g/t·m is below.

Negative factors

  • 20.4 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

“20.40”

Context: FDN-C26-408

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-408FDNS · goldGrade: 12.02Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-408
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.02
Grade Unit
g/t
Intercept
1.35 m
True Width
0.68 m
From
77.35 m
To
78.7 m
Intercept Depth
77.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-408:77.35-78.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.02 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.2 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 12.02 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

“12.02”

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 0.68

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-408FDNS · silverGrade: 43.8Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-408
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
43.8
Grade Unit
g/t
Intercept
1.35 m
True Width
0.68 m
From
77.35 m
To
78.7 m
Intercept Depth
77.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-408:77.35-78.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 43.8 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 59.1 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

“43.80”

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 0.68

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-409FDNS · goldGrade: 5.22Grade Unit: g/tIntercept: 6.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-409
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.22
Grade Unit
g/t
Intercept
6.5 m
True Width
5.32 m
From
0 m
To
6.5 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-409:0-6.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.22 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 33.9 g/t·m is moderate.

Negative factors

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

Evidence · table

“5.22”

Context: FDN-C26-409

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.32

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-409FDNS · silverGrade: 4.94Grade Unit: g/tIntercept: 6.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-409
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.94
Grade Unit
g/t
Intercept
6.5 m
True Width
5.32 m
From
0 m
To
6.5 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-409:0-6.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.94 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 32.1 g/t·m is below.

Negative factors

  • 4.94 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

“4.94”

Context: FDN-C26-409

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.32

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-409FDNS · goldGrade: 9.67Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-409
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.67
Grade Unit
g/t
Intercept
0.45 m
True Width
0.37 m
From
0 m
To
0.45 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-409:0-0.45
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.67 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 4.4 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 9.67 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

“9.67”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-409FDNS · silverGrade: 12.5Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-409
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.5
Grade Unit
g/t
Intercept
0.45 m
True Width
0.37 m
From
0 m
To
0.45 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-409:0-0.45
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.5 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

  • 12.5 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

“12.50”

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 0.37

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-409FDNS · goldGrade: 28.5Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-409
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
28.5
Grade Unit
g/t
Intercept
0.8 m
True Width
0.66 m
From
5.7 m
To
6.5 m
Intercept Depth
5.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-409:5.7-6.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 28.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.8 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 28.5 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

“28.50”

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 0.66

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-409FDNS · silverGrade: 7Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-409
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7
Grade Unit
g/t
Intercept
0.8 m
True Width
0.66 m
From
5.7 m
To
6.5 m
Intercept Depth
5.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-409:5.7-6.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7 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

  • 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

“7.00”

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 0.66

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-409FDNS · goldGrade: 5.55Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-409
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.55
Grade Unit
g/t
Intercept
3 m
True Width
2.46 m
From
94.3 m
To
97.3 m
Intercept Depth
94.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-409:94.3-97.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.55 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.6 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

“5.55”

Context: FDN-C26-409

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-409FDNS · silverGrade: 4.62Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-409
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.62
Grade Unit
g/t
Intercept
3 m
True Width
2.46 m
From
94.3 m
To
97.3 m
Intercept Depth
94.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-409:94.3-97.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.62 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.9 g/t·m is below.

Negative factors

  • 4.62 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

“4.62”

Context: FDN-C26-409

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-409FDNS · goldGrade: 8.09Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-409
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.09
Grade Unit
g/t
Intercept
1.75 m
True Width
1.43 m
From
95.15 m
To
96.9 m
Intercept Depth
95.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-409:95.15-96.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.09 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

  • 8.09 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

“8.09”

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 1.43

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-409FDNS · silverGrade: 5.29Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-409
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.29
Grade Unit
g/t
Intercept
1.75 m
True Width
1.43 m
From
95.15 m
To
96.9 m
Intercept Depth
95.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-409:95.15-96.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.29 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

  • 5.29 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

“5.29”

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 1.43

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-411FDNS · goldGrade: 3.02Grade Unit: g/tIntercept: 4.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-411
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.02
Grade Unit
g/t
Intercept
4.85 m
True Width
4.78 m
From
109 m
To
113.85 m
Intercept Depth
109 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-411:109-113.85
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.02 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.6 g/t·m is weak.

Negative factors

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

Evidence · table

“3.02”

Context: FDN-C26-411

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.78

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-411FDNS · silverGrade: 16.18Grade Unit: g/tIntercept: 4.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-411
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.18
Grade Unit
g/t
Intercept
4.85 m
True Width
4.78 m
From
109 m
To
113.85 m
Intercept Depth
109 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-411:109-113.85
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.18 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 78.5 g/t·m is below.

Negative factors

  • 16.18 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

“16.18”

Context: FDN-C26-411

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.78

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-413FDNS · goldGrade: 14.28Grade Unit: g/tIntercept: 2.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-413
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.28
Grade Unit
g/t
Intercept
2.15 m
True Width
1.23 m
From
49 m
To
51.15 m
Intercept Depth
49 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-413:49-51.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.28 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.7 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 14.28 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

“14.28”

Context: FDN-C26-413

Tags 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-413FDNS · silverGrade: 41.29Grade Unit: g/tIntercept: 2.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-413
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
41.29
Grade Unit
g/t
Intercept
2.15 m
True Width
1.23 m
From
49 m
To
51.15 m
Intercept Depth
49 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-413:49-51.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 41.29 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 88.8 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

“41.29”

Context: FDN-C26-413

Tags 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-413FDNS · goldGrade: 45.6Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-413
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
45.6
Grade Unit
g/t
Intercept
0.5 m
True Width
0.29 m
From
49.65 m
To
50.15 m
Intercept Depth
49.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-413:49.65-50.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 45.6 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.8 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 45.6 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

“45.60”

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 0.29

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-413FDNS · silverGrade: 105Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-413
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
105
Grade Unit
g/t
Intercept
0.5 m
True Width
0.29 m
From
49.65 m
To
50.15 m
Intercept Depth
49.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-413:49.65-50.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 105 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 52.5 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 0.29

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-417FDNS · goldGrade: 51.56Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-417
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
51.56
Grade Unit
g/t
Intercept
3.15 m
True Width
2.02 m
From
41.85 m
To
45 m
Intercept Depth
41.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-417:41.85-45
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 51.56 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 162.4 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 51.56 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

“51.56”

Context: FDN-C26-417

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.02

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-417FDNS · silverGrade: 25.11Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-417
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
25.11
Grade Unit
g/t
Intercept
3.15 m
True Width
2.02 m
From
41.85 m
To
45 m
Intercept Depth
41.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-417:41.85-45
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 25.11 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 79.1 g/t·m is below.

Negative factors

  • 25.11 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

“25.11”

Context: FDN-C26-417

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.02

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-417FDNS · goldGrade: 87.12Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-417
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
87.12
Grade Unit
g/t
Intercept
1.85 m
True Width
1.19 m
From
43.15 m
To
45 m
Intercept Depth
43.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-417:43.15-45
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 87.12 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 161.2 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 87.12 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

“87.12”

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 1.19

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-417FDNS · silverGrade: 40.99Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-417
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
40.99
Grade Unit
g/t
Intercept
1.85 m
True Width
1.19 m
From
43.15 m
To
45 m
Intercept Depth
43.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-417:43.15-45
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 40.99 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 75.8 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

“40.99”

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 1.19

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · goldGrade: 6.1Grade Unit: g/tIntercept: 8.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.1
Grade Unit
g/t
Intercept
8.45 m
True Width
2.89 m
From
18.45 m
To
26.9 m
Intercept Depth
18.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:18.45-26.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.1 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 51.5 g/t·m is moderate.

Negative factors

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

Evidence · table

“6.10”

Context: FDN-C26-420

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.89

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · silverGrade: 15.9Grade Unit: g/tIntercept: 8.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.9
Grade Unit
g/t
Intercept
8.45 m
True Width
2.89 m
From
18.45 m
To
26.9 m
Intercept Depth
18.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:18.45-26.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 134.4 g/t·m is below.

Negative factors

  • 15.9 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

“15.90”

Context: FDN-C26-420

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.89

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · goldGrade: 103Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
103
Grade Unit
g/t
Intercept
0.4 m
True Width
0.14 m
From
22.75 m
To
23.15 m
Intercept Depth
22.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:22.75-23.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 103 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 41.2 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 103 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

“103.00”

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 0.14

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · silverGrade: 91.3Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
91.3
Grade Unit
g/t
Intercept
0.4 m
True Width
0.14 m
From
22.75 m
To
23.15 m
Intercept Depth
22.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:22.75-23.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 91.3 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 36.5 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

“91.30”

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 0.14

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · goldGrade: 10.81Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.81
Grade Unit
g/t
Intercept
1.2 m
True Width
0.41 m
From
49.5 m
To
50.7 m
Intercept Depth
49.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:49.5-50.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.81 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.81 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

“10.81”

Context: FDN-C26-420

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.41

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · silverGrade: 33.1Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
33.1
Grade Unit
g/t
Intercept
1.2 m
True Width
0.41 m
From
49.5 m
To
50.7 m
Intercept Depth
49.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:49.5-50.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 33.1 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 39.7 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

“33.10”

Context: FDN-C26-420

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.41

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · goldGrade: 15.68Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.68
Grade Unit
g/t
Intercept
0.8 m
True Width
0.27 m
From
49.5 m
To
50.3 m
Intercept Depth
49.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:49.5-50.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.68 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.5 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.68 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

“15.68”

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 0.27

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · silverGrade: 47.35Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
47.35
Grade Unit
g/t
Intercept
0.8 m
True Width
0.27 m
From
49.5 m
To
50.3 m
Intercept Depth
49.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:49.5-50.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 47.35 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 37.9 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

“47.35”

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 0.27

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · goldGrade: 4.86Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.86
Grade Unit
g/t
Intercept
2 m
True Width
0.68 m
From
59.75 m
To
61.75 m
Intercept Depth
59.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:59.75-61.75
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.86 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.7 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

“4.86”

Context: FDN-C26-420

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.68

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · silverGrade: 21.96Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.96
Grade Unit
g/t
Intercept
2 m
True Width
0.68 m
From
59.75 m
To
61.75 m
Intercept Depth
59.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:59.75-61.75
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21.96 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 43.9 g/t·m is below.

Negative factors

  • 21.96 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

“21.96”

Context: FDN-C26-420

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.68

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · goldGrade: 9.05Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.05
Grade Unit
g/t
Intercept
0.8 m
True Width
0.27 m
From
60.95 m
To
61.75 m
Intercept Depth
60.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:60.95-61.75
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.05 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.2 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 9.05 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

“9.05”

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 0.27

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · silverGrade: 26.5Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
26.5
Grade Unit
g/t
Intercept
0.8 m
True Width
0.27 m
From
60.95 m
To
61.75 m
Intercept Depth
60.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:60.95-61.75
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 26.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 21.2 g/t·m is below.

Negative factors

  • 26.5 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

“26.50”

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 0.27

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · goldGrade: 26.17Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
26.17
Grade Unit
g/t
Intercept
2.1 m
True Width
0.72 m
From
76.2 m
To
78.3 m
Intercept Depth
76.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:76.2-78.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 26.17 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 55.0 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 26.17 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

“26.17”

Context: FDN-C26-420

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.72

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · silverGrade: 37.66Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
37.66
Grade Unit
g/t
Intercept
2.1 m
True Width
0.72 m
From
76.2 m
To
78.3 m
Intercept Depth
76.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:76.2-78.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 37.66 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 79.1 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

“37.66”

Context: FDN-C26-420

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.72

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · goldGrade: 130Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
130
Grade Unit
g/t
Intercept
0.4 m
True Width
0.14 m
From
76.2 m
To
76.6 m
Intercept Depth
76.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:76.2-76.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 130 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 52.0 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 130 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

“130.00”

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 0.14

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · silverGrade: 63.6Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
63.6
Grade Unit
g/t
Intercept
0.4 m
True Width
0.14 m
From
76.2 m
To
76.6 m
Intercept Depth
76.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:76.2-76.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 63.6 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 25.4 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

“63.60”

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 0.14

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · goldGrade: 8.85Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.85
Grade Unit
g/t
Intercept
2 m
True Width
0.68 m
From
96.8 m
To
98.8 m
Intercept Depth
96.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:96.8-98.8
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.85 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.7 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.85 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

“8.85”

Context: FDN-C26-420

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.68

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-420FDNS · silverGrade: 18.4Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-420
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.4
Grade Unit
g/t
Intercept
2 m
True Width
0.68 m
From
96.8 m
To
98.8 m
Intercept Depth
96.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-420:96.8-98.8
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 36.8 g/t·m is below.

Negative factors

  • 18.4 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

“18.40”

Context: FDN-C26-420

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.68

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-421FDNS · goldGrade: 3.74Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-421
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.74
Grade Unit
g/t
Intercept
2.3 m
True Width
0.79 m
From
0.75 m
To
3.05 m
Intercept Depth
0.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-421:0.75-3.05
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.74 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.6 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

“3.74”

Context: FDN-C26-421

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.79

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-421FDNS · silverGrade: 16.52Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-421
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.52
Grade Unit
g/t
Intercept
2.3 m
True Width
0.79 m
From
0.75 m
To
3.05 m
Intercept Depth
0.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-421:0.75-3.05
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.52 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

  • 16.52 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

“16.52”

Context: FDN-C26-421

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.79

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-421FDNS · goldGrade: 6.21Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-421
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.21
Grade Unit
g/t
Intercept
2 m
True Width
0.68 m
From
125.1 m
To
127.1 m
Intercept Depth
125.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-421:125.1-127.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.21 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.4 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

“6.21”

Context: FDN-C26-421

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.68

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-421FDNS · silverGrade: 6.62Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-421
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.62
Grade Unit
g/t
Intercept
2 m
True Width
0.68 m
From
125.1 m
To
127.1 m
Intercept Depth
125.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-421:125.1-127.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.62 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.2 g/t·m is below.

Negative factors

  • 6.62 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

“6.62”

Context: FDN-C26-421

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.68

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-421FDNS · goldGrade: 29.7Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-421
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
29.7
Grade Unit
g/t
Intercept
0.4 m
True Width
0.14 m
From
125.65 m
To
126.05 m
Intercept Depth
125.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-421:125.65-126.05
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 29.7 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.9 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 29.7 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

“29.70”

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 0.14

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-421FDNS · silverGrade: 16.3Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-421
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
0.14 m
From
125.65 m
To
126.05 m
Intercept Depth
125.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-421:125.65-126.05
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 0.14

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-422FDNS · goldGrade: 5.27Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-422
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.27
Grade Unit
g/t
Intercept
1.9 m
True Width
0.95 m
From
45.4 m
To
47.3 m
Intercept Depth
45.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-422:45.4-47.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 10.0 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

“5.27”

Context: FDN-C26-422

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.95

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-422FDNS · silverGrade: 51.85Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-422
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
51.85
Grade Unit
g/t
Intercept
1.9 m
True Width
0.95 m
From
45.4 m
To
47.3 m
Intercept Depth
45.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-422:45.4-47.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 51.85 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 98.5 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

“51.85”

Context: FDN-C26-422

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.95

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-422FDNS · goldGrade: 10.78Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-422
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.78
Grade Unit
g/t
Intercept
0.8 m
True Width
0.4 m
From
46.1 m
To
46.9 m
Intercept Depth
46.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-422:46.1-46.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.78 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.6 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 10.78 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

“10.78”

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 0.4

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-422FDNS · silverGrade: 105.45Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-422
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
105.45
Grade Unit
g/t
Intercept
0.8 m
True Width
0.4 m
From
46.1 m
To
46.9 m
Intercept Depth
46.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-422:46.1-46.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 105.45 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 84.4 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

“105.45”

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 0.4

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-422FDNS · goldGrade: 8.02Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-422
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.02
Grade Unit
g/t
Intercept
3 m
True Width
1.5 m
From
98.65 m
To
101.65 m
Intercept Depth
98.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-422:98.65-101.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.02 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

  • 8.02 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

“8.02”

Context: FDN-C26-422

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-422FDNS · silverGrade: 24.4Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-422
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
24.4
Grade Unit
g/t
Intercept
3 m
True Width
1.5 m
From
98.65 m
To
101.65 m
Intercept Depth
98.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-422:98.65-101.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 24.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 73.2 g/t·m is below.

Negative factors

  • 24.4 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

“24.40”

Context: FDN-C26-422

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-422FDNS · goldGrade: 16.3Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-422
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.3
Grade Unit
g/t
Intercept
0.95 m
True Width
0.48 m
From
98.65 m
To
99.6 m
Intercept Depth
98.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-422:98.65-99.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.3 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.5 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.3 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

“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 0.48

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-422FDNS · silverGrade: 35.7Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-422
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
35.7
Grade Unit
g/t
Intercept
0.95 m
True Width
0.48 m
From
98.65 m
To
99.6 m
Intercept Depth
98.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-422:98.65-99.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 35.7 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 33.9 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

“35.70”

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 0.48

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · goldGrade: 6.15Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.15
Grade Unit
g/t
Intercept
3.8 m
True Width
3.79 m
From
2.85 m
To
6.65 m
Intercept Depth
2.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:2.85-6.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.15 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 23.4 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

“6.15”

Context: FDN-C26-425

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 3.79

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · silverGrade: 9.88Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.88
Grade Unit
g/t
Intercept
3.8 m
True Width
3.79 m
From
2.85 m
To
6.65 m
Intercept Depth
2.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:2.85-6.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.88 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 37.5 g/t·m is below.

Negative factors

  • 9.88 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

“9.88”

Context: FDN-C26-425

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 3.79

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · goldGrade: 15.42Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.42
Grade Unit
g/t
Intercept
1.15 m
True Width
1.15 m
From
2.85 m
To
4 m
Intercept Depth
2.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:2.85-4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.42 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.7 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.42 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

“15.42”

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 1.15

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · silverGrade: 22.62Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.62
Grade Unit
g/t
Intercept
1.15 m
True Width
1.15 m
From
2.85 m
To
4 m
Intercept Depth
2.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:2.85-4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 22.62 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 26.0 g/t·m is below.

Negative factors

  • 22.62 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

“22.62”

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 1.15

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · goldGrade: 9.1Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.1
Grade Unit
g/t
Intercept
1.95 m
True Width
1.94 m
From
9.7 m
To
11.65 m
Intercept Depth
9.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:9.7-11.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.1 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.7 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 9.1 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

“9.10”

Context: FDN-C26-425

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 1.94

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · silverGrade: 17.36Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.36
Grade Unit
g/t
Intercept
1.95 m
True Width
1.94 m
From
9.7 m
To
11.65 m
Intercept Depth
9.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:9.7-11.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.36 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 33.9 g/t·m is below.

Negative factors

  • 17.36 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

“17.36”

Context: FDN-C26-425

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 1.94

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · goldGrade: 15.3Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.3
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
10.65 m
To
11.65 m
Intercept Depth
10.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:10.65-11.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.3 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.3 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.3 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

“15.30”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · silverGrade: 24Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
24
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
10.65 m
To
11.65 m
Intercept Depth
10.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:10.65-11.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 24 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 24.0 g/t·m is below.

Negative factors

  • 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

“24.00”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · goldGrade: 7.69Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.69
Grade Unit
g/t
Intercept
1.6 m
True Width
1.59 m
From
56.5 m
To
58.1 m
Intercept Depth
56.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:56.5-58.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.69 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.3 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 7.69 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

“7.69”

Context: FDN-C26-425

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 1.59

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · silverGrade: 8.06Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.06
Grade Unit
g/t
Intercept
1.6 m
True Width
1.59 m
From
56.5 m
To
58.1 m
Intercept Depth
56.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:56.5-58.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.06 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.9 g/t·m is below.

Negative factors

  • 8.06 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

“8.06”

Context: FDN-C26-425

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 1.59

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · goldGrade: 5.2Grade Unit: g/tIntercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.2
Grade Unit
g/t
Intercept
4.1 m
True Width
4.08 m
From
64.8 m
To
68.9 m
Intercept Depth
64.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:64.8-68.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 21.3 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

“5.20”

Context: FDN-C26-425

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 4.08

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-425FDNS · silverGrade: 5.94Grade Unit: g/tIntercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-425
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.94
Grade Unit
g/t
Intercept
4.1 m
True Width
4.08 m
From
64.8 m
To
68.9 m
Intercept Depth
64.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-425:64.8-68.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.94 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 24.4 g/t·m is below.

Negative factors

  • 5.94 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

“5.94”

Context: FDN-C26-425

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 4.08

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 17.83Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.83
Grade Unit
g/t
Intercept
1.55 m
True Width
1.27 m
From
19 m
To
20.55 m
Intercept Depth
19 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:19-20.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.83 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 27.6 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 17.83 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

“17.83”

Context: FDN-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.27

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 17.77Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.77
Grade Unit
g/t
Intercept
1.55 m
True Width
1.27 m
From
19 m
To
20.55 m
Intercept Depth
19 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:19-20.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.77 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 27.5 g/t·m is below.

Negative factors

  • 17.77 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

“17.77”

Context: FDN-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.27

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 65.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
65.4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.33 m
From
19.4 m
To
19.8 m
Intercept Depth
19.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:19.4-19.8
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 65.4 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 26.2 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 65.4 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

“65.40”

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 0.33

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 41.2Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
41.2
Grade Unit
g/t
Intercept
0.4 m
True Width
0.33 m
From
19.4 m
To
19.8 m
Intercept Depth
19.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:19.4-19.8
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 41.2 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 16.5 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

“41.20”

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 0.33

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 18.06Grade Unit: g/tIntercept: 7.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.06
Grade Unit
g/t
Intercept
7.65 m
True Width
5.41 m
From
21.9 m
To
29.55 m
Intercept Depth
21.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:21.9-29.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.06 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 138.2 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 18.06 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

“18.06”

Context: FDN-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.41

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 71.19Grade Unit: g/tIntercept: 7.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
71.19
Grade Unit
g/t
Intercept
7.65 m
True Width
5.41 m
From
21.9 m
To
29.55 m
Intercept Depth
21.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:21.9-29.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 71.19 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 544.6 g/t·m is weak.

Negative factors

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

Evidence · table

“71.19”

Context: FDN-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.41

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 40.96Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
40.96
Grade Unit
g/t
Intercept
1.85 m
True Width
1.31 m
From
26.25 m
To
28.1 m
Intercept Depth
26.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:26.25-28.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 40.96 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

  • 40.96 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

“40.96”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 190.81Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
190.81
Grade Unit
g/t
Intercept
1.85 m
True Width
1.31 m
From
26.25 m
To
28.1 m
Intercept Depth
26.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:26.25-28.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 190.81 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 353.0 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

“190.81”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 28.92Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
28.92
Grade Unit
g/t
Intercept
3.2 m
True Width
1.35 m
From
32.3 m
To
35.5 m
Intercept Depth
32.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:32.3-35.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 28.92 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 92.5 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 28.92 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

“28.92”

Context: FDN-C26-426

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 17.58Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.58
Grade Unit
g/t
Intercept
3.2 m
True Width
1.35 m
From
32.3 m
To
35.5 m
Intercept Depth
32.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:32.3-35.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.58 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 56.3 g/t·m is below.

Negative factors

  • 17.58 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

“17.58”

Context: FDN-C26-426

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 57.52Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
57.52
Grade Unit
g/t
Intercept
1.6 m
True Width
0.68 m
From
32.3 m
To
33.9 m
Intercept Depth
32.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:32.3-33.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 57.52 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 92.0 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 57.52 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

“57.52”

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 0.68

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 29.85Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
29.85
Grade Unit
g/t
Intercept
1.6 m
True Width
0.68 m
From
32.3 m
To
33.9 m
Intercept Depth
32.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:32.3-33.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 29.85 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 47.8 g/t·m is below.

Negative factors

  • 29.85 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

“29.85”

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 0.68

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 5.88Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.88
Grade Unit
g/t
Intercept
3 m
True Width
2.3 m
From
77.5 m
To
80.5 m
Intercept Depth
77.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:77.5-80.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 17.6 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

“5.88”

Context: FDN-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.3

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 8.1Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.1
Grade Unit
g/t
Intercept
3 m
True Width
2.3 m
From
77.5 m
To
80.5 m
Intercept Depth
77.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:77.5-80.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.1 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

  • 8.1 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

“8.10”

Context: FDN-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.3

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 23.5Grade Unit: g/tIntercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.5
Grade Unit
g/t
Intercept
4.6 m
True Width
2.96 m
From
84.4 m
To
89 m
Intercept Depth
84.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:84.4-89
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 23.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 108.1 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 23.5 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

“23.50”

Context: FDN-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.96

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 11.3Grade Unit: g/tIntercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.3
Grade Unit
g/t
Intercept
4.6 m
True Width
2.96 m
From
84.4 m
To
89 m
Intercept Depth
84.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:84.4-89
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 52.0 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-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.96

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 38.19Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
38.19
Grade Unit
g/t
Intercept
2.6 m
True Width
1.67 m
From
84.4 m
To
87 m
Intercept Depth
84.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:84.4-87
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 38.19 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 99.3 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 38.19 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

“38.19”

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 1.67

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 15.03Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.03
Grade Unit
g/t
Intercept
2.6 m
True Width
1.67 m
From
84.4 m
To
87 m
Intercept Depth
84.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:84.4-87
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.03 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 39.1 g/t·m is below.

Negative factors

  • 15.03 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

“15.03”

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 1.67

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 4.6Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.6
Grade Unit
g/t
Intercept
4.8 m
True Width
3.68 m
From
91.1 m
To
95.9 m
Intercept Depth
91.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:91.1-95.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.6 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.1 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

“4.60”

Context: FDN-C26-426

Tags 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 6.05Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.05
Grade Unit
g/t
Intercept
4.8 m
True Width
3.68 m
From
91.1 m
To
95.9 m
Intercept Depth
91.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:91.1-95.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.05 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 29.0 g/t·m is below.

Negative factors

  • 6.05 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

“6.05”

Context: FDN-C26-426

Tags 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 9.79Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.79
Grade Unit
g/t
Intercept
1 m
True Width
0.77 m
From
94.9 m
To
95.9 m
Intercept Depth
94.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:94.9-95.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.79 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.8 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 9.79 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

“9.79”

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 0.77

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 4Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4
Grade Unit
g/t
Intercept
1 m
True Width
0.77 m
From
94.9 m
To
95.9 m
Intercept Depth
94.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:94.9-95.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.0 g/t·m is below.

Negative factors

  • 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

“4.00”

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 0.77

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 6.72Grade Unit: g/tIntercept: 7.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.72
Grade Unit
g/t
Intercept
7.15 m
True Width
5.48 m
From
97.2 m
To
104.35 m
Intercept Depth
97.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:97.2-104.35
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.72 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 48.0 g/t·m is moderate.

Negative factors

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

Evidence · table

“6.72”

Context: FDN-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.48

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 3.52Grade Unit: g/tIntercept: 7.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.52
Grade Unit
g/t
Intercept
7.15 m
True Width
5.48 m
From
97.2 m
To
104.35 m
Intercept Depth
97.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:97.2-104.35
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.52 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 25.2 g/t·m is below.

Negative factors

  • 3.52 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

“3.52”

Context: FDN-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.48

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 14.04Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.04
Grade Unit
g/t
Intercept
1.35 m
True Width
1.03 m
From
100 m
To
101.35 m
Intercept Depth
100 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:100-101.35
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.04 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 19.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 14.04 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

“14.04”

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 1.03

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 4.73Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.73
Grade Unit
g/t
Intercept
1.35 m
True Width
1.03 m
From
100 m
To
101.35 m
Intercept Depth
100 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:100-101.35
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.73 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.4 g/t·m is below.

Negative factors

  • 4.73 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

“4.73”

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 1.03

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 5.2Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.2
Grade Unit
g/t
Intercept
2.95 m
True Width
2.42 m
From
109.2 m
To
112.15 m
Intercept Depth
109.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:109.2-112.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 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

“5.20”

Context: FDN-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.42

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 2.58Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.58
Grade Unit
g/t
Intercept
2.95 m
True Width
2.42 m
From
109.2 m
To
112.15 m
Intercept Depth
109.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:109.2-112.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.58 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

  • 2.58 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

“2.58”

Context: FDN-C26-426

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.42

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · goldGrade: 11.85Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.85
Grade Unit
g/t
Intercept
1 m
True Width
0.82 m
From
109.2 m
To
110.2 m
Intercept Depth
109.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:109.2-110.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.85 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

  • 11.85 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

“11.85”

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 0.82

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-426FDNS · silverGrade: 3.6Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-426
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.6
Grade Unit
g/t
Intercept
1 m
True Width
0.82 m
From
109.2 m
To
110.2 m
Intercept Depth
109.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-426:109.2-110.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.6 g/t·m is below.

Negative factors

  • 3.6 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

“3.60”

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 0.82

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · goldGrade: 5.96Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.96
Grade Unit
g/t
Intercept
1.6 m
True Width
1.13 m
From
13.6 m
To
15.2 m
Intercept Depth
13.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:13.6-15.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.96 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.5 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

“5.96”

Context: FDN-C26-427

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.13

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · silverGrade: 11.1Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.1
Grade Unit
g/t
Intercept
1.6 m
True Width
1.13 m
From
13.6 m
To
15.2 m
Intercept Depth
13.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:13.6-15.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 17.8 g/t·m is below.

Negative factors

  • 11.1 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

“11.10”

Context: FDN-C26-427

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.13

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · goldGrade: 10.5Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.5
Grade Unit
g/t
Intercept
0.8 m
True Width
0.57 m
From
13.6 m
To
14.4 m
Intercept Depth
13.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:13.6-14.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.5 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.4 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 10.5 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

“10.50”

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 0.57

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · silverGrade: 12.1Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.1
Grade Unit
g/t
Intercept
0.8 m
True Width
0.57 m
From
13.6 m
To
14.4 m
Intercept Depth
13.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:13.6-14.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.1 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

  • 12.1 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

“12.10”

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 0.57

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · goldGrade: 6.59Grade Unit: g/tIntercept: 5.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.59
Grade Unit
g/t
Intercept
5.95 m
True Width
3.82 m
From
21.05 m
To
27 m
Intercept Depth
21.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:21.05-27
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 39.2 g/t·m is moderate.

Negative factors

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

Evidence · table

“6.59”

Context: FDN-C26-427

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.82

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · silverGrade: 23.64Grade Unit: g/tIntercept: 5.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.64
Grade Unit
g/t
Intercept
5.95 m
True Width
3.82 m
From
21.05 m
To
27 m
Intercept Depth
21.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:21.05-27
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 23.64 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 140.7 g/t·m is below.

Negative factors

  • 23.64 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

“23.64”

Context: FDN-C26-427

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.82

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · goldGrade: 14.87Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.87
Grade Unit
g/t
Intercept
1.75 m
True Width
1.12 m
From
23.55 m
To
25.3 m
Intercept Depth
23.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:23.55-25.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.87 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 26.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 14.87 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

“14.87”

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 1.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · silverGrade: 43.33Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
43.33
Grade Unit
g/t
Intercept
1.75 m
True Width
1.12 m
From
23.55 m
To
25.3 m
Intercept Depth
23.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:23.55-25.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 43.33 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 75.8 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

“43.33”

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 1.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · goldGrade: 18.83Grade Unit: g/tIntercept: 7.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.83
Grade Unit
g/t
Intercept
7.7 m
True Width
5.9 m
From
62.8 m
To
70.5 m
Intercept Depth
62.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:62.8-70.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.83 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 145.0 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 18.83 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

“18.83”

Context: FDN-C26-427

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · silverGrade: 21.92Grade Unit: g/tIntercept: 7.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.92
Grade Unit
g/t
Intercept
7.7 m
True Width
5.9 m
From
62.8 m
To
70.5 m
Intercept Depth
62.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:62.8-70.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21.92 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 168.8 g/t·m is below.

Negative factors

  • 21.92 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

“21.92”

Context: FDN-C26-427

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · goldGrade: 37.84Grade Unit: g/tIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
37.84
Grade Unit
g/t
Intercept
2.9 m
True Width
2.22 m
From
63.5 m
To
66.4 m
Intercept Depth
63.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:63.5-66.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 37.84 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 109.7 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 37.84 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

“37.84”

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 2.22

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · silverGrade: 29.12Grade Unit: g/tIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
29.12
Grade Unit
g/t
Intercept
2.9 m
True Width
2.22 m
From
63.5 m
To
66.4 m
Intercept Depth
63.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:63.5-66.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 29.12 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 84.4 g/t·m is below.

Negative factors

  • 29.12 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

“29.12”

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 2.22

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · goldGrade: 6.31Grade Unit: g/tIntercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.31
Grade Unit
g/t
Intercept
4.9 m
True Width
4.44 m
From
80.2 m
To
85.1 m
Intercept Depth
80.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:80.2-85.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.31 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

“6.31”

Context: FDN-C26-427

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.44

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · silverGrade: 6.2Grade Unit: g/tIntercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.2
Grade Unit
g/t
Intercept
4.9 m
True Width
4.44 m
From
80.2 m
To
85.1 m
Intercept Depth
80.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:80.2-85.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 30.4 g/t·m is below.

Negative factors

  • 6.2 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

“6.20”

Context: FDN-C26-427

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.44

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · goldGrade: 11.85Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.85
Grade Unit
g/t
Intercept
0.6 m
True Width
0.54 m
From
82 m
To
82.6 m
Intercept Depth
82 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:82-82.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.85 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.1 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 11.85 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

“11.85”

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 0.54

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · silverGrade: 8.1Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.1
Grade Unit
g/t
Intercept
0.6 m
True Width
0.54 m
From
82 m
To
82.6 m
Intercept Depth
82 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:82-82.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.9 g/t·m is below.

Negative factors

  • 8.1 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

“8.10”

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 0.54

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · goldGrade: 5.78Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.78
Grade Unit
g/t
Intercept
1.95 m
True Width
1.77 m
From
90.3 m
To
92.25 m
Intercept Depth
90.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:90.3-92.25
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.78 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.3 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

“5.78”

Context: FDN-C26-427

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.77

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · silverGrade: 2.54Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.54
Grade Unit
g/t
Intercept
1.95 m
True Width
1.77 m
From
90.3 m
To
92.25 m
Intercept Depth
90.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:90.3-92.25
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.54 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

  • 2.54 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

“2.54”

Context: FDN-C26-427

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.77

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · goldGrade: 15Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15
Grade Unit
g/t
Intercept
0.4 m
True Width
0.36 m
From
91 m
To
91.4 m
Intercept Depth
91 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:91-91.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 6.0 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 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

“15.00”

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 0.36

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-427FDNS · silverGrade: 4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-427
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.36 m
From
91 m
To
91.4 m
Intercept Depth
91 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-427:91-91.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 1.6 g/t·m is below.

Negative factors

  • 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

“4.00”

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 0.36

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-428FDNS · goldGrade: 5.33Grade Unit: g/tIntercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-428
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.33
Grade Unit
g/t
Intercept
6.6 m
True Width
6.5 m
From
61.8 m
To
68.4 m
Intercept Depth
61.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-428:61.8-68.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.33 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 35.2 g/t·m is moderate.

Negative factors

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

Evidence · table

“5.33”

Context: FDN-C26-428

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-428FDNS · silverGrade: 13.65Grade Unit: g/tIntercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-428
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.65
Grade Unit
g/t
Intercept
6.6 m
True Width
6.5 m
From
61.8 m
To
68.4 m
Intercept Depth
61.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-428:61.8-68.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.65 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 90.1 g/t·m is below.

Negative factors

  • 13.65 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

“13.65”

Context: FDN-C26-428

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-429FDNS · goldGrade: 6.15Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-429
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.15
Grade Unit
g/t
Intercept
1.9 m
True Width
1.65 m
From
41.8 m
To
43.7 m
Intercept Depth
41.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-429:41.8-43.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.15 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.7 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

“6.15”

Context: FDN-C26-429

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.65

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-429FDNS · silverGrade: 21.36Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-429
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.36
Grade Unit
g/t
Intercept
1.9 m
True Width
1.65 m
From
41.8 m
To
43.7 m
Intercept Depth
41.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-429:41.8-43.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21.36 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 40.6 g/t·m is below.

Negative factors

  • 21.36 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

“21.36”

Context: FDN-C26-429

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.65

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-430FDNS · goldGrade: 7.56Grade Unit: g/tIntercept: 4.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-430
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.56
Grade Unit
g/t
Intercept
4.55 m
True Width
3.49 m
From
21.5 m
To
26.05 m
Intercept Depth
21.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-430:21.5-26.05
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.56 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 34.4 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 7.56 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

“7.56”

Context: FDN-C26-430

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-430FDNS · silverGrade: 33Grade Unit: g/tIntercept: 4.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-430
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
33
Grade Unit
g/t
Intercept
4.55 m
True Width
3.49 m
From
21.5 m
To
26.05 m
Intercept Depth
21.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-430:21.5-26.05
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 33 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 150.2 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

“33.00”

Context: FDN-C26-430

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-430FDNS · goldGrade: 14.3Grade Unit: g/tIntercept: 2.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-430
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.3
Grade Unit
g/t
Intercept
2.15 m
True Width
1.65 m
From
23.9 m
To
26.05 m
Intercept Depth
23.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-430:23.9-26.05
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.3 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.7 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 14.3 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

“14.30”

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 1.65

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-430FDNS · silverGrade: 50.91Grade Unit: g/tIntercept: 2.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-430
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
50.91
Grade Unit
g/t
Intercept
2.15 m
True Width
1.65 m
From
23.9 m
To
26.05 m
Intercept Depth
23.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-430:23.9-26.05
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 50.91 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 109.5 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

“50.91”

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 1.65

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-433FDNS · goldGrade: 5.81Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-433
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.81
Grade Unit
g/t
Intercept
2.55 m
True Width
2.46 m
From
4.65 m
To
7.2 m
Intercept Depth
4.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-433:4.65-7.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.81 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.8 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

“5.81”

Context: FDN-C26-433

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-433FDNS · silverGrade: 37.56Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-433
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
37.56
Grade Unit
g/t
Intercept
2.55 m
True Width
2.46 m
From
4.65 m
To
7.2 m
Intercept Depth
4.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-433:4.65-7.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 37.56 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 95.8 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

“37.56”

Context: FDN-C26-433

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-433FDNS · goldGrade: 12.85Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-433
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.85
Grade Unit
g/t
Intercept
0.75 m
True Width
0.72 m
From
6.45 m
To
7.2 m
Intercept Depth
6.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-433:6.45-7.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.85 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

  • 12.85 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

“12.85”

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 0.72

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-433FDNS · silverGrade: 97Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-433
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
97
Grade Unit
g/t
Intercept
0.75 m
True Width
0.72 m
From
6.45 m
To
7.2 m
Intercept Depth
6.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-433:6.45-7.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 97 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 72.8 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

“97.00”

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 0.72

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-433FDNS · goldGrade: 5.42Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-433
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.42
Grade Unit
g/t
Intercept
3 m
True Width
2.9 m
From
17.6 m
To
20.6 m
Intercept Depth
17.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-433:17.6-20.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 16.3 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

“5.42”

Context: FDN-C26-433

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-433FDNS · silverGrade: 27.46Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-433
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.46
Grade Unit
g/t
Intercept
3 m
True Width
2.9 m
From
17.6 m
To
20.6 m
Intercept Depth
17.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-433:17.6-20.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 27.46 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 82.4 g/t·m is below.

Negative factors

  • 27.46 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

“27.46”

Context: FDN-C26-433

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-433FDNS · goldGrade: 16.5Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-433
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.5
Grade Unit
g/t
Intercept
0.75 m
True Width
0.72 m
From
17.6 m
To
18.35 m
Intercept Depth
17.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-433:17.6-18.35
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.4 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.5 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

“16.50”

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 0.72

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-433FDNS · silverGrade: 83.6Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-433
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
83.6
Grade Unit
g/t
Intercept
0.75 m
True Width
0.72 m
From
17.6 m
To
18.35 m
Intercept Depth
17.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-433:17.6-18.35
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 83.6 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 62.7 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

“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 0.72

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-434FDNS · goldGrade: 4.28Grade Unit: g/tIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-434
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.28
Grade Unit
g/t
Intercept
2.9 m
True Width
2.73 m
From
0 m
To
2.9 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-434:0-2.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.28 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.4 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

“4.28”

Context: FDN-C26-434

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.73

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-434FDNS · silverGrade: 50.69Grade Unit: g/tIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-434
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
50.69
Grade Unit
g/t
Intercept
2.9 m
True Width
2.73 m
From
0 m
To
2.9 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-434:0-2.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 50.69 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 147.0 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

“50.69”

Context: FDN-C26-434

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.73

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-434FDNS · goldGrade: 5.42Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-434
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.42
Grade Unit
g/t
Intercept
1.7 m
True Width
1.6 m
From
0 m
To
1.7 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-434:0-1.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 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

“5.42”

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 1.6

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-434FDNS · silverGrade: 67.69Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-434
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
67.69
Grade Unit
g/t
Intercept
1.7 m
True Width
1.6 m
From
0 m
To
1.7 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-434:0-1.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 67.69 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 115.1 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

“67.69”

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 1.6

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-435FDNS · goldGrade: 12.02Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-435
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.02
Grade Unit
g/t
Intercept
3.1 m
True Width
2.37 m
From
15.5 m
To
18.6 m
Intercept Depth
15.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-435:15.5-18.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.02 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 37.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 12.02 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

“12.02”

Context: FDN-C26-435

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.37

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-435FDNS · silverGrade: 21.5Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-435
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.5
Grade Unit
g/t
Intercept
3.1 m
True Width
2.37 m
From
15.5 m
To
18.6 m
Intercept Depth
15.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-435:15.5-18.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 66.7 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: FDN-C26-435

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.37

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-435FDNS · goldGrade: 19Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-435
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19
Grade Unit
g/t
Intercept
1.25 m
True Width
0.96 m
From
16.4 m
To
17.65 m
Intercept Depth
16.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-435:16.4-17.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 19 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 23.8 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 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

“19.00”

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 0.96

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-435FDNS · silverGrade: 29.1Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-435
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
29.1
Grade Unit
g/t
Intercept
1.25 m
True Width
0.96 m
From
16.4 m
To
17.65 m
Intercept Depth
16.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-435:16.4-17.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 29.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 36.4 g/t·m is below.

Negative factors

  • 29.1 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

“29.10”

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 0.96

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-435FDNS · goldGrade: 14.01Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-435
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.01
Grade Unit
g/t
Intercept
1.2 m
True Width
0.92 m
From
63.95 m
To
65.15 m
Intercept Depth
63.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-435:63.95-65.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.01 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.8 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 14.01 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

“14.01”

Context: FDN-C26-435

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.92

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-435FDNS · silverGrade: 11.1Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-435
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.1
Grade Unit
g/t
Intercept
1.2 m
True Width
0.92 m
From
63.95 m
To
65.15 m
Intercept Depth
63.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-435:63.95-65.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.3 g/t·m is below.

Negative factors

  • 11.1 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

“11.10”

Context: FDN-C26-435

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.92

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-435FDNS · goldGrade: 24.9Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-435
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
24.9
Grade Unit
g/t
Intercept
0.6 m
True Width
0.46 m
From
64.55 m
To
65.15 m
Intercept Depth
64.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-435:64.55-65.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 14.9 g/t·m is weak (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

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-435FDNS · silverGrade: 18.4Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-435
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.4
Grade Unit
g/t
Intercept
0.6 m
True Width
0.46 m
From
64.55 m
To
65.15 m
Intercept Depth
64.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-435:64.55-65.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.0 g/t·m is below.

Negative factors

  • 18.4 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

“18.40”

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 0.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-437FDNS · goldGrade: 5.14Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-437
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.14
Grade Unit
g/t
Intercept
2.8 m
True Width
2.79 m
From
32.45 m
To
35.25 m
Intercept Depth
32.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-437:32.45-35.25
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.14 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.4 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

“5.14”

Context: FDN-C26-437

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-437FDNS · silverGrade: 4.4Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-437
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
2.8 m
True Width
2.79 m
From
32.45 m
To
35.25 m
Intercept Depth
32.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-437:32.45-35.25
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.3 g/t·m is below.

Negative factors

  • 4.4 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

“4.40”

Context: FDN-C26-437

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-437FDNS · goldGrade: 7.78Grade Unit: g/tIntercept: 16.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-437
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.78
Grade Unit
g/t
Intercept
16.75 m
True Width
16.69 m
From
43.65 m
To
60.4 m
Intercept Depth
43.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-437:43.65-60.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.78 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 130.3 g/t·m is strong.

Positive factors

  • 7.78 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

“7.78”

Context: FDN-C26-437

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 16.69

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-437FDNS · silverGrade: 8.07Grade Unit: g/tIntercept: 16.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-437
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.07
Grade Unit
g/t
Intercept
16.75 m
True Width
16.69 m
From
43.65 m
To
60.4 m
Intercept Depth
43.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-437:43.65-60.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.07 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 135.2 g/t·m is below.

Negative factors

  • 8.07 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

“8.07”

Context: FDN-C26-437

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 16.69

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-437FDNS · goldGrade: 31.01Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-437
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
31.01
Grade Unit
g/t
Intercept
1.7 m
True Width
1.69 m
From
51.2 m
To
52.9 m
Intercept Depth
51.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-437:51.2-52.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 31.01 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 52.7 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 31.01 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

“31.01”

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 1.69

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-437FDNS · silverGrade: 16.02Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-437
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.02
Grade Unit
g/t
Intercept
1.7 m
True Width
1.69 m
From
51.2 m
To
52.9 m
Intercept Depth
51.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-437:51.2-52.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.02 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 27.2 g/t·m is below.

Negative factors

  • 16.02 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

“16.02”

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 1.69

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-437FDNS · goldGrade: 23.7Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-437
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.7
Grade Unit
g/t
Intercept
0.4 m
True Width
0.4 m
From
56.6 m
To
57 m
Intercept Depth
56.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-437:56.6-57
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 9.5 g/t·m is below (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

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.4

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-437FDNS · silverGrade: 17.9Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-437
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.9
Grade Unit
g/t
Intercept
0.4 m
True Width
0.4 m
From
56.6 m
To
57 m
Intercept Depth
56.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-437:56.6-57
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.2 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

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.4

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · goldGrade: 3.71Grade Unit: g/tIntercept: 7.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.71
Grade Unit
g/t
Intercept
7.25 m
True Width
6.28 m
From
46.8 m
To
54.05 m
Intercept Depth
46.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:46.8-54.05
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.71 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 26.9 g/t·m is weak.

Negative factors

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

Evidence · table

“3.71”

Context: FDN-C26-438

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.28

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · silverGrade: 1.98Grade Unit: g/tIntercept: 7.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
1.98
Grade Unit
g/t
Intercept
7.25 m
True Width
6.28 m
From
46.8 m
To
54.05 m
Intercept Depth
46.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:46.8-54.05
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 1.98 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 14.4 g/t·m is below.

Negative factors

  • 1.98 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

“1.98”

Context: FDN-C26-438

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.28

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · goldGrade: 8.32Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.32
Grade Unit
g/t
Intercept
0.85 m
True Width
0.74 m
From
46.8 m
To
47.65 m
Intercept Depth
46.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:46.8-47.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 7.1 g/t·m is below (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: 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 0.74

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · silverGrade: 2.1Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.1
Grade Unit
g/t
Intercept
0.85 m
True Width
0.74 m
From
46.8 m
To
47.65 m
Intercept Depth
46.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:46.8-47.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 1.8 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: 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 0.74

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · goldGrade: 7.33Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.33
Grade Unit
g/t
Intercept
1 m
True Width
0.87 m
From
49.3 m
To
50.3 m
Intercept Depth
49.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:49.3-50.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.33 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.3 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 7.33 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

“7.33”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · silverGrade: 4.9Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.9
Grade Unit
g/t
Intercept
1 m
True Width
0.87 m
From
49.3 m
To
50.3 m
Intercept Depth
49.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:49.3-50.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.9 g/t·m is below.

Negative factors

  • 4.9 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

“4.90”

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 0.87

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · goldGrade: 8.09Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.09
Grade Unit
g/t
Intercept
1.4 m
True Width
1.21 m
From
58.9 m
To
60.3 m
Intercept Depth
58.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:58.9-60.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.09 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.3 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.09 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

“8.09”

Context: FDN-C26-438

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · silverGrade: 5.16Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.16
Grade Unit
g/t
Intercept
1.4 m
True Width
1.21 m
From
58.9 m
To
60.3 m
Intercept Depth
58.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:58.9-60.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.16 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.2 g/t·m is below.

Negative factors

  • 5.16 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

“5.16”

Context: FDN-C26-438

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · goldGrade: 5.29Grade Unit: g/tIntercept: 2.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.29
Grade Unit
g/t
Intercept
2.25 m
True Width
1.95 m
From
70.15 m
To
72.4 m
Intercept Depth
70.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:70.15-72.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.29 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.9 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

“5.29”

Context: FDN-C26-438

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · silverGrade: 6.94Grade Unit: g/tIntercept: 2.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.94
Grade Unit
g/t
Intercept
2.25 m
True Width
1.95 m
From
70.15 m
To
72.4 m
Intercept Depth
70.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:70.15-72.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.94 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

  • 6.94 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

“6.94”

Context: FDN-C26-438

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · goldGrade: 9.49Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.49
Grade Unit
g/t
Intercept
1 m
True Width
0.87 m
From
75.7 m
To
76.7 m
Intercept Depth
75.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:75.7-76.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.49 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

  • 9.49 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

“9.49”

Context: FDN-C26-438

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-438FDNS · silverGrade: 2.5Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-438
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.5
Grade Unit
g/t
Intercept
1 m
True Width
0.87 m
From
75.7 m
To
76.7 m
Intercept Depth
75.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-438:75.7-76.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.5 g/t·m is below.

Negative factors

  • 2.5 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

“2.50”

Context: FDN-C26-438

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · goldGrade: 12.75Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.75
Grade Unit
g/t
Intercept
0.75 m
True Width
0.57 m
From
46.75 m
To
47.5 m
Intercept Depth
46.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:46.75-47.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.75 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

  • 12.75 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

“12.75”

Context: FDN-C26-439

Tags 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · silverGrade: 2.5Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.5
Grade Unit
g/t
Intercept
0.75 m
True Width
0.57 m
From
46.75 m
To
47.5 m
Intercept Depth
46.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:46.75-47.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 1.9 g/t·m is below.

Negative factors

  • 2.5 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

“2.50”

Context: FDN-C26-439

Tags 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · goldGrade: 15.01Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.01
Grade Unit
g/t
Intercept
2.55 m
True Width
1.95 m
From
125.15 m
To
127.7 m
Intercept Depth
125.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:125.15-127.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.01 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 38.3 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.01 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

“15.01”

Context: FDN-C26-439

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · silverGrade: 5.84Grade Unit: g/tIntercept: 2.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.84
Grade Unit
g/t
Intercept
2.55 m
True Width
1.95 m
From
125.15 m
To
127.7 m
Intercept Depth
125.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:125.15-127.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.84 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 14.9 g/t·m is below.

Negative factors

  • 5.84 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

“5.84”

Context: FDN-C26-439

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · goldGrade: 34.9Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
34.9
Grade Unit
g/t
Intercept
0.7 m
True Width
0.54 m
From
127 m
To
127.7 m
Intercept Depth
127 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:127-127.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 34.9 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

  • 34.9 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

“34.90”

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 0.54

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · silverGrade: 11.4Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.4
Grade Unit
g/t
Intercept
0.7 m
True Width
0.54 m
From
127 m
To
127.7 m
Intercept Depth
127 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:127-127.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.4 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

  • 11.4 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

“11.40”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · goldGrade: 8.42Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.42
Grade Unit
g/t
Intercept
3.4 m
True Width
2.4 m
From
158.2 m
To
161.6 m
Intercept Depth
158.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:158.2-161.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.42 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 28.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.42 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

“8.42”

Context: FDN-C26-439

Tags 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · silverGrade: 5.36Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.36
Grade Unit
g/t
Intercept
3.4 m
True Width
2.4 m
From
158.2 m
To
161.6 m
Intercept Depth
158.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:158.2-161.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.36 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 18.2 g/t·m is below.

Negative factors

  • 5.36 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

“5.36”

Context: FDN-C26-439

Tags 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · goldGrade: 14.5Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.5
Grade Unit
g/t
Intercept
1.4 m
True Width
0.99 m
From
158.2 m
To
159.6 m
Intercept Depth
158.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:158.2-159.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.5 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.3 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 14.5 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

“14.50”

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 0.99

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · silverGrade: 7.94Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.94
Grade Unit
g/t
Intercept
1.4 m
True Width
0.99 m
From
158.2 m
To
159.6 m
Intercept Depth
158.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:158.2-159.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.94 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.1 g/t·m is below.

Negative factors

  • 7.94 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

“7.94”

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 0.99

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · goldGrade: 22.8Grade Unit: g/tIntercept: 4.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.8
Grade Unit
g/t
Intercept
4.55 m
True Width
3.22 m
From
165.45 m
To
170 m
Intercept Depth
165.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:165.45-170
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 22.8 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 103.7 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 22.8 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

“22.80”

Context: FDN-C26-439

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.22

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · silverGrade: 6.48Grade Unit: g/tIntercept: 4.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.48
Grade Unit
g/t
Intercept
4.55 m
True Width
3.22 m
From
165.45 m
To
170 m
Intercept Depth
165.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:165.45-170
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.48 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 29.5 g/t·m is below.

Negative factors

  • 6.48 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

“6.48”

Context: FDN-C26-439

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.22

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · goldGrade: 37.78Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
37.78
Grade Unit
g/t
Intercept
2 m
True Width
1.41 m
From
166.95 m
To
168.95 m
Intercept Depth
166.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:166.95-168.95
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 37.78 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 75.6 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 37.78 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

“37.78”

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 1.41

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-439FDNS · silverGrade: 7.8Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-439
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.8
Grade Unit
g/t
Intercept
2 m
True Width
1.41 m
From
166.95 m
To
168.95 m
Intercept Depth
166.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-439:166.95-168.95
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.8 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

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

Evidence · table

“7.80”

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 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-440FDNS · goldGrade: 14.56Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-440
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.56
Grade Unit
g/t
Intercept
4 m
True Width
2.83 m
From
101.5 m
To
105.5 m
Intercept Depth
101.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-440:101.5-105.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.56 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 58.2 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 14.56 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

“14.56”

Context: FDN-C26-440

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.83

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-440FDNS · silverGrade: 12.14Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-440
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.14
Grade Unit
g/t
Intercept
4 m
True Width
2.83 m
From
101.5 m
To
105.5 m
Intercept Depth
101.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-440:101.5-105.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.14 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 48.6 g/t·m is below.

Negative factors

  • 12.14 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

“12.14”

Context: FDN-C26-440

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.83

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-440FDNS · goldGrade: 26.25Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-440
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
26.25
Grade Unit
g/t
Intercept
2.1 m
True Width
1.48 m
From
103.4 m
To
105.5 m
Intercept Depth
103.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-440:103.4-105.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 26.25 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 55.1 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 26.25 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

“26.25”

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 1.48

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-440FDNS · silverGrade: 16.87Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-440
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.87
Grade Unit
g/t
Intercept
2.1 m
True Width
1.48 m
From
103.4 m
To
105.5 m
Intercept Depth
103.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-440:103.4-105.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.87 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 35.4 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

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.48

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-440FDNS · goldGrade: 9.24Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-440
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.24
Grade Unit
g/t
Intercept
1.3 m
True Width
0.92 m
From
141 m
To
142.3 m
Intercept Depth
141 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-440:141-142.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.24 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 9.24 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

“9.24”

Context: FDN-C26-440

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.92

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-440FDNS · silverGrade: 10.86Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-440
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.86
Grade Unit
g/t
Intercept
1.3 m
True Width
0.92 m
From
141 m
To
142.3 m
Intercept Depth
141 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-440:141-142.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.86 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

  • 10.86 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

“10.86”

Context: FDN-C26-440

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 0.92

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-442FDNS · goldGrade: 7.72Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-442
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.72
Grade Unit
g/t
Intercept
1.75 m
True Width
1.69 m
From
57.6 m
To
59.35 m
Intercept Depth
57.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-442:57.6-59.35
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.72 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 7.72 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

“7.72”

Context: FDN-C26-442

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-442FDNS · silverGrade: 48.42Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-442
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
48.42
Grade Unit
g/t
Intercept
1.75 m
True Width
1.69 m
From
57.6 m
To
59.35 m
Intercept Depth
57.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-442:57.6-59.35
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 48.42 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 84.7 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

“48.42”

Context: FDN-C26-442

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-442FDNS · goldGrade: 17.2Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-442
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.2
Grade Unit
g/t
Intercept
0.5 m
True Width
0.48 m
From
57.6 m
To
58.1 m
Intercept Depth
57.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-442:57.6-58.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.2 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

  • 17.2 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

“17.20”

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 0.48

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-442FDNS · silverGrade: 13.2Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-442
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.2
Grade Unit
g/t
Intercept
0.5 m
True Width
0.48 m
From
57.6 m
To
58.1 m
Intercept Depth
57.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-442:57.6-58.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.6 g/t·m is below.

Negative factors

  • 13.2 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

“13.20”

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 0.48

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-442FDNS · goldGrade: 5.17Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-442
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.17
Grade Unit
g/t
Intercept
3.5 m
True Width
3.38 m
From
81 m
To
84.5 m
Intercept Depth
81 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-442:81-84.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.17 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 18.1 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

“5.17”

Context: FDN-C26-442

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.38

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-442FDNS · silverGrade: 8.9Grade Unit: g/tIntercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-442
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.9
Grade Unit
g/t
Intercept
3.5 m
True Width
3.38 m
From
81 m
To
84.5 m
Intercept Depth
81 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-442:81-84.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 31.2 g/t·m is below.

Negative factors

  • 8.9 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

“8.90”

Context: FDN-C26-442

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.38

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-442FDNS · goldGrade: 8.74Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-442
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.74
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
81 m
To
81.4 m
Intercept Depth
81 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-442:81-81.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.74 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 3.5 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 8.74 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

“8.74”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-442FDNS · silverGrade: 14.6Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-442
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.6
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
81 m
To
81.4 m
Intercept Depth
81 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-442:81-81.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.8 g/t·m is below.

Negative factors

  • 14.6 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

“14.60”

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 0.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-442FDNS · goldGrade: 28.3Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-442
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
28.3
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
84.1 m
To
84.5 m
Intercept Depth
84.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-442:84.1-84.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 28.3 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.3 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 28.3 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

“28.30”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-442FDNS · silverGrade: 20.1Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-442
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.1
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
84.1 m
To
84.5 m
Intercept Depth
84.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-442:84.1-84.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 20.1 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

  • 20.1 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

“20.10”

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 0.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-443FDNS · goldGrade: 199.9Grade Unit: g/tIntercept: 6.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-443
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
199.9
Grade Unit
g/t
Intercept
6.9 m
True Width
5.98 m
From
66.6 m
To
73.5 m
Intercept Depth
66.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-443:66.6-73.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 199.9 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1379.3 g/t·m is exceptional.

Positive factors

  • 199.9 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

“199.90”

Context: FDN-C26-443

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 5.98

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-443FDNS · silverGrade: 79.26Grade Unit: g/tIntercept: 6.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-443
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
79.26
Grade Unit
g/t
Intercept
6.9 m
True Width
5.98 m
From
66.6 m
To
73.5 m
Intercept Depth
66.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-443:66.6-73.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 79.26 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 546.9 g/t·m is weak.

Negative factors

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

Evidence · table

“79.26”

Context: FDN-C26-443

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 5.98

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-443FDNS · goldGrade: 762.84Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-443
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
762.84
Grade Unit
g/t
Intercept
1.8 m
True Width
1.56 m
From
66.6 m
To
68.4 m
Intercept Depth
66.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-443:66.6-68.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 762.84 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1373.1 g/t·m is exceptional.

Positive factors

  • 762.84 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

“762.84”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-443FDNS · silverGrade: 278.14Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-443
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
278.14
Grade Unit
g/t
Intercept
1.8 m
True Width
1.56 m
From
66.6 m
To
68.4 m
Intercept Depth
66.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-443:66.6-68.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 278.14 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 500.7 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

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

Negative factors

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

Evidence · table

“278.14”

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 1.56

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-443FDNS · goldGrade: 8.6Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-443
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.6
Grade Unit
g/t
Intercept
2.75 m
True Width
2.38 m
From
94.4 m
To
97.15 m
Intercept Depth
94.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-443:94.4-97.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.6 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 23.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.6 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

“8.60”

Context: FDN-C26-443

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 2.38

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-443FDNS · silverGrade: 117Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-443
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
117
Grade Unit
g/t
Intercept
2.75 m
True Width
2.38 m
From
94.4 m
To
97.15 m
Intercept Depth
94.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-443:94.4-97.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 117 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 321.8 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

“117.00”

Context: FDN-C26-443

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 2.38

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-443FDNS · goldGrade: 18.03Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-443
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.03
Grade Unit
g/t
Intercept
1.25 m
True Width
1.08 m
From
95.9 m
To
97.15 m
Intercept Depth
95.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-443:95.9-97.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.03 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.5 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 18.03 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

“18.03”

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 1.08

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-443FDNS · silverGrade: 251.7Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-443
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
251.7
Grade Unit
g/t
Intercept
1.25 m
True Width
1.08 m
From
95.9 m
To
97.15 m
Intercept Depth
95.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-443:95.9-97.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 251.7 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 314.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

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

Negative factors

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

Evidence · table

“251.70”

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 1.08

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-444FDNS · goldGrade: 16.74Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-444
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.74
Grade Unit
g/t
Intercept
3.6 m
True Width
3.26 m
From
24.8 m
To
28.4 m
Intercept Depth
24.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-444:24.8-28.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.74 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 60.3 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.74 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

“16.74”

Context: FDN-C26-444

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 3.26

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-444FDNS · silverGrade: 4.18Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-444
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.18
Grade Unit
g/t
Intercept
3.6 m
True Width
3.26 m
From
24.8 m
To
28.4 m
Intercept Depth
24.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-444:24.8-28.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.18 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 15.0 g/t·m is below.

Negative factors

  • 4.18 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

“4.18”

Context: FDN-C26-444

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 3.26

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-444FDNS · goldGrade: 5.11Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-444
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.11
Grade Unit
g/t
Intercept
4.2 m
True Width
3.81 m
From
50 m
To
54.2 m
Intercept Depth
50 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-444:50-54.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.11 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

“5.11”

Context: FDN-C26-444

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-444FDNS · silverGrade: 4.15Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-444
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.15
Grade Unit
g/t
Intercept
4.2 m
True Width
3.81 m
From
50 m
To
54.2 m
Intercept Depth
50 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-444:50-54.2
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.15 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 17.4 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-C26-444

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-444FDNS · goldGrade: 12.72Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-444
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.72
Grade Unit
g/t
Intercept
7.6 m
True Width
5.37 m
From
63.3 m
To
70.9 m
Intercept Depth
63.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-444:63.3-70.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.72 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 96.7 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 12.72 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

“12.72”

Context: FDN-C26-444

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 5.37

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-444FDNS · silverGrade: 9.54Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-444
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.54
Grade Unit
g/t
Intercept
7.6 m
True Width
5.37 m
From
63.3 m
To
70.9 m
Intercept Depth
63.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-444:63.3-70.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.54 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 72.5 g/t·m is below.

Negative factors

  • 9.54 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

“9.54”

Context: FDN-C26-444

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 5.37

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-444FDNS · goldGrade: 24.12Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-444
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
24.12
Grade Unit
g/t
Intercept
2.75 m
True Width
1.94 m
From
68.15 m
To
70.9 m
Intercept Depth
68.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-444:68.15-70.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 24.12 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 66.3 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 24.12 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

“24.12”

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 1.94

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-444FDNS · silverGrade: 12.54Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-444
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.54
Grade Unit
g/t
Intercept
2.75 m
True Width
1.94 m
From
68.15 m
To
70.9 m
Intercept Depth
68.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-444:68.15-70.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.54 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 34.5 g/t·m is below.

Negative factors

  • 12.54 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

“12.54”

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 1.94

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-445FDNS · goldGrade: 3.1Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-445
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.1
Grade Unit
g/t
Intercept
3.3 m
True Width
2.53 m
From
31.2 m
To
34.5 m
Intercept Depth
31.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-445:31.2-34.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.1 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.2 g/t·m is weak.

Negative factors

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

Evidence · table

“3.10”

Context: FDN-C26-445

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-445FDNS · silverGrade: 1.62Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-445
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
1.62
Grade Unit
g/t
Intercept
3.3 m
True Width
2.53 m
From
31.2 m
To
34.5 m
Intercept Depth
31.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-445:31.2-34.5
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 1.62 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.3 g/t·m is below.

Negative factors

  • 1.62 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

“1.62”

Context: FDN-C26-445

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-445FDNS · goldGrade: 4.46Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-445
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.46
Grade Unit
g/t
Intercept
2 m
True Width
1.81 m
From
53.7 m
To
55.7 m
Intercept Depth
53.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-445:53.7-55.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 8.9 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

“4.46”

Context: FDN-C26-445

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.81

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-445FDNS · silverGrade: 1.65Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-445
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
1.65
Grade Unit
g/t
Intercept
2 m
True Width
1.81 m
From
53.7 m
To
55.7 m
Intercept Depth
53.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-445:53.7-55.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 1.65 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.3 g/t·m is below.

Negative factors

  • 1.65 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

“1.65”

Context: FDN-C26-445

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.81

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-445FDNS · goldGrade: 5.78Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-445
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.78
Grade Unit
g/t
Intercept
3.6 m
True Width
3.12 m
From
66.4 m
To
70 m
Intercept Depth
66.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-445:66.4-70
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.78 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.8 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

“5.78”

Context: FDN-C26-445

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-445FDNS · silverGrade: 2.51Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-445
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.51
Grade Unit
g/t
Intercept
3.6 m
True Width
3.12 m
From
66.4 m
To
70 m
Intercept Depth
66.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-445:66.4-70
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.51 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.0 g/t·m is below.

Negative factors

  • 2.51 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

“2.51”

Context: FDN-C26-445

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · goldGrade: 5.19Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.19
Grade Unit
g/t
Intercept
3 m
True Width
2.12 m
From
33.9 m
To
36.9 m
Intercept Depth
33.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:33.9-36.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 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

“5.19”

Context: FDN-C26-446

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · silverGrade: 2.22Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.22
Grade Unit
g/t
Intercept
3 m
True Width
2.12 m
From
33.9 m
To
36.9 m
Intercept Depth
33.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:33.9-36.9
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.22 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.7 g/t·m is below.

Negative factors

  • 2.22 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

“2.22”

Context: FDN-C26-446

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · goldGrade: 10.58Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.58
Grade Unit
g/t
Intercept
1.4 m
True Width
0.99 m
From
33.9 m
To
35.3 m
Intercept Depth
33.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:33.9-35.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.58 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.8 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.58 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

“10.58”

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 0.99

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · silverGrade: 3.39Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.39
Grade Unit
g/t
Intercept
1.4 m
True Width
0.99 m
From
33.9 m
To
35.3 m
Intercept Depth
33.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:33.9-35.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.39 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.7 g/t·m is below.

Negative factors

  • 3.39 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

“3.39”

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 0.99

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · goldGrade: 5.52Grade Unit: g/tIntercept: 4.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.52
Grade Unit
g/t
Intercept
4.55 m
True Width
2.92 m
From
47.85 m
To
52.4 m
Intercept Depth
47.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:47.85-52.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.52 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 25.1 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

“5.52”

Context: FDN-C26-446

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.92

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · silverGrade: 8.86Grade Unit: g/tIntercept: 4.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.86
Grade Unit
g/t
Intercept
4.55 m
True Width
2.92 m
From
47.85 m
To
52.4 m
Intercept Depth
47.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:47.85-52.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.86 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

  • 8.86 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

“8.86”

Context: FDN-C26-446

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.92

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · goldGrade: 8.77Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.77
Grade Unit
g/t
Intercept
1.65 m
True Width
1.06 m
From
50.75 m
To
52.4 m
Intercept Depth
50.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:50.75-52.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.77 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.77 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

“8.77”

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 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · silverGrade: 18.23Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.23
Grade Unit
g/t
Intercept
1.65 m
True Width
1.06 m
From
50.75 m
To
52.4 m
Intercept Depth
50.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:50.75-52.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.23 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

  • 18.23 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

“18.23”

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 1.06

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · goldGrade: 7.1Grade Unit: g/tIntercept: 4.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.1
Grade Unit
g/t
Intercept
4.55 m
True Width
2.61 m
From
89.8 m
To
94.35 m
Intercept Depth
89.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:89.8-94.35
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.1 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 32.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 7.1 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

“7.10”

Context: FDN-C26-446

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.61

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · silverGrade: 3.35Grade Unit: g/tIntercept: 4.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.35
Grade Unit
g/t
Intercept
4.55 m
True Width
2.61 m
From
89.8 m
To
94.35 m
Intercept Depth
89.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:89.8-94.35
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.35 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

  • 3.35 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

“3.35”

Context: FDN-C26-446

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.61

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · goldGrade: 13.41Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.41
Grade Unit
g/t
Intercept
1.6 m
True Width
0.92 m
From
89.8 m
To
91.4 m
Intercept Depth
89.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:89.8-91.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.41 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 21.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 13.41 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

“13.41”

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 0.92

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-446FDNS · silverGrade: 5.5Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-446
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.5
Grade Unit
g/t
Intercept
1.6 m
True Width
0.92 m
From
89.8 m
To
91.4 m
Intercept Depth
89.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-446:89.8-91.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.5 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

  • 5.5 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

“5.50”

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 0.92

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-447FDNS · goldGrade: 12.59Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-447
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.59
Grade Unit
g/t
Intercept
2.3 m
True Width
1.15 m
From
47.85 m
To
50.15 m
Intercept Depth
47.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-447:47.85-50.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.59 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 29.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 12.59 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

“12.59”

Context: FDN-C26-447

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.15

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-447FDNS · silverGrade: 18.08Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-447
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.08
Grade Unit
g/t
Intercept
2.3 m
True Width
1.15 m
From
47.85 m
To
50.15 m
Intercept Depth
47.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-447:47.85-50.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.08 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

  • 18.08 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

“18.08”

Context: FDN-C26-447

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.15

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-447FDNS · goldGrade: 32.4Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-447
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
32.4
Grade Unit
g/t
Intercept
0.85 m
True Width
0.43 m
From
47.85 m
To
48.7 m
Intercept Depth
47.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-447:47.85-48.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 32.4 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 27.5 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 32.4 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

“32.40”

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 0.43

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-447FDNS · silverGrade: 13.7Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-447
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.7
Grade Unit
g/t
Intercept
0.85 m
True Width
0.43 m
From
47.85 m
To
48.7 m
Intercept Depth
47.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-447:47.85-48.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.6 g/t·m is below.

Negative factors

  • 13.7 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

“13.70”

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 0.43

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-447FDNS · goldGrade: 5.83Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-447
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.83
Grade Unit
g/t
Intercept
2 m
True Width
1 m
From
82.65 m
To
84.65 m
Intercept Depth
82.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-447:82.65-84.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.83 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.7 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

“5.83”

Context: FDN-C26-447

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-447FDNS · silverGrade: 24.63Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-447
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
24.63
Grade Unit
g/t
Intercept
2 m
True Width
1 m
From
82.65 m
To
84.65 m
Intercept Depth
82.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-447:82.65-84.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 24.63 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 49.3 g/t·m is below.

Negative factors

  • 24.63 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

“24.63”

Context: FDN-C26-447

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-447FDNS · goldGrade: 13.8Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-447
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.8
Grade Unit
g/t
Intercept
0.55 m
True Width
0.28 m
From
83.55 m
To
84.1 m
Intercept Depth
83.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-447:83.55-84.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.8 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

  • 13.8 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

“13.80”

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 0.28

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-447FDNS · silverGrade: 29.2Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-447
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
29.2
Grade Unit
g/t
Intercept
0.55 m
True Width
0.28 m
From
83.55 m
To
84.1 m
Intercept Depth
83.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-447:83.55-84.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 29.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 16.1 g/t·m is below.

Negative factors

  • 29.2 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

“29.20”

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 0.28

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · goldGrade: 3.23Grade Unit: g/tIntercept: 2.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.23
Grade Unit
g/t
Intercept
2.85 m
True Width
2.18 m
From
0.45 m
To
3.3 m
Intercept Depth
0.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:0.45-3.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.23 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.2 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

“3.23”

Context: FDN-C26-448

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.18

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · silverGrade: 29.18Grade Unit: g/tIntercept: 2.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
29.18
Grade Unit
g/t
Intercept
2.85 m
True Width
2.18 m
From
0.45 m
To
3.3 m
Intercept Depth
0.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:0.45-3.3
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 29.18 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 83.2 g/t·m is below.

Negative factors

  • 29.18 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

“29.18”

Context: FDN-C26-448

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.18

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · goldGrade: 6.82Grade Unit: g/tIntercept: 3.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.82
Grade Unit
g/t
Intercept
3.95 m
True Width
3.03 m
From
16.2 m
To
20.15 m
Intercept Depth
16.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:16.2-20.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.82 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 26.9 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

“6.82”

Context: FDN-C26-448

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.03

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · silverGrade: 21.55Grade Unit: g/tIntercept: 3.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.55
Grade Unit
g/t
Intercept
3.95 m
True Width
3.03 m
From
16.2 m
To
20.15 m
Intercept Depth
16.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:16.2-20.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21.55 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 85.1 g/t·m is below.

Negative factors

  • 21.55 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

“21.55”

Context: FDN-C26-448

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 3.03

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · goldGrade: 12.65Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.65
Grade Unit
g/t
Intercept
1.15 m
True Width
0.88 m
From
17.95 m
To
19.1 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:17.95-19.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.65 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 12.65 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

“12.65”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · silverGrade: 49.91Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
49.91
Grade Unit
g/t
Intercept
1.15 m
True Width
0.88 m
From
17.95 m
To
19.1 m
Intercept Depth
17.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:17.95-19.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 49.91 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 57.4 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

“49.91”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · goldGrade: 3.59Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.59
Grade Unit
g/t
Intercept
3 m
True Width
1.93 m
From
39.55 m
To
42.55 m
Intercept Depth
39.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:39.55-42.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.59 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.8 g/t·m is weak.

Negative factors

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

Evidence · table

“3.59”

Context: FDN-C26-448

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.93

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · silverGrade: 6.22Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.22
Grade Unit
g/t
Intercept
3 m
True Width
1.93 m
From
39.55 m
To
42.55 m
Intercept Depth
39.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:39.55-42.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.22 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 18.7 g/t·m is below.

Negative factors

  • 6.22 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

“6.22”

Context: FDN-C26-448

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.93

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · goldGrade: 23.1Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.1
Grade Unit
g/t
Intercept
0.4 m
True Width
0.26 m
From
40.4 m
To
40.8 m
Intercept Depth
40.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:40.4-40.8
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 23.1 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.2 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 23.1 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

“23.10”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · silverGrade: 15.7Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.7
Grade Unit
g/t
Intercept
0.4 m
True Width
0.26 m
From
40.4 m
To
40.8 m
Intercept Depth
40.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:40.4-40.8
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.3 g/t·m is below.

Negative factors

  • 15.7 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

“15.70”

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 0.26

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · goldGrade: 4.75Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.75
Grade Unit
g/t
Intercept
1.85 m
True Width
1.6 m
From
59.75 m
To
61.6 m
Intercept Depth
59.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:59.75-61.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.75 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.8 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

“4.75”

Context: FDN-C26-448

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.6

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · silverGrade: 8.31Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.31
Grade Unit
g/t
Intercept
1.85 m
True Width
1.6 m
From
59.75 m
To
61.6 m
Intercept Depth
59.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:59.75-61.6
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.31 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 15.4 g/t·m is below.

Negative factors

  • 8.31 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

“8.31”

Context: FDN-C26-448

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.6

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · goldGrade: 10.43Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.43
Grade Unit
g/t
Intercept
0.8 m
True Width
0.69 m
From
59.75 m
To
60.55 m
Intercept Depth
59.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:59.75-60.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.43 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.3 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 10.43 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

“10.43”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · silverGrade: 11.35Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.35
Grade Unit
g/t
Intercept
0.8 m
True Width
0.69 m
From
59.75 m
To
60.55 m
Intercept Depth
59.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:59.75-60.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.35 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.1 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

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · goldGrade: 5.99Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.99
Grade Unit
g/t
Intercept
3.25 m
True Width
2.81 m
From
91.4 m
To
94.65 m
Intercept Depth
91.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:91.4-94.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.99 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 19.5 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

“5.99”

Context: FDN-C26-448

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.81

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · silverGrade: 14.83Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.83
Grade Unit
g/t
Intercept
3.25 m
True Width
2.81 m
From
91.4 m
To
94.65 m
Intercept Depth
91.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:91.4-94.65
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.83 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 48.2 g/t·m is below.

Negative factors

  • 14.83 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

“14.83”

Context: FDN-C26-448

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 2.81

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · goldGrade: 12.15Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.15
Grade Unit
g/t
Intercept
1 m
True Width
0.87 m
From
93.1 m
To
94.1 m
Intercept Depth
93.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:93.1-94.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.15 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.2 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 12.15 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

“12.15”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-448FDNS · silverGrade: 22.2Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-448
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.2
Grade Unit
g/t
Intercept
1 m
True Width
0.87 m
From
93.1 m
To
94.1 m
Intercept Depth
93.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-448:93.1-94.1
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 22.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 22.2 g/t·m is below.

Negative factors

  • 22.2 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

“22.20”

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 0.87

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-450FDNS · goldGrade: 3.85Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-450
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.85
Grade Unit
g/t
Intercept
2.95 m
True Width
1.9 m
From
50.2 m
To
53.15 m
Intercept Depth
50.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-450:50.2-53.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.85 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.4 g/t·m is weak.

Negative factors

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

Evidence · table

“3.85”

Context: FDN-C26-450

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-450FDNS · silverGrade: 3.48Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-450
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.48
Grade Unit
g/t
Intercept
2.95 m
True Width
1.9 m
From
50.2 m
To
53.15 m
Intercept Depth
50.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-450:50.2-53.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.48 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

  • 3.48 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

“3.48”

Context: FDN-C26-450

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-450FDNS · goldGrade: 8.26Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-450
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.26
Grade Unit
g/t
Intercept
1.15 m
True Width
0.74 m
From
52 m
To
53.15 m
Intercept Depth
52 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-450:52-53.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.26 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

  • 8.26 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

“8.26”

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 0.74

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-450FDNS · silverGrade: 5.09Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-450
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.09
Grade Unit
g/t
Intercept
1.15 m
True Width
0.74 m
From
52 m
To
53.15 m
Intercept Depth
52 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-450:52-53.15
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.09 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.9 g/t·m is below.

Negative factors

  • 5.09 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

“5.09”

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 0.74

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-452FDNS · goldGrade: 6.29Grade Unit: g/tIntercept: 23.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-452
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.29
Grade Unit
g/t
Intercept
23.3 m
True Width
20.18 m
From
38.7 m
To
62 m
Intercept Depth
38.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-452:38.7-62
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.29 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 146.6 g/t·m is strong (grade alone is moderate; the better of the two is used).

Positive factors

  • 6.29 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

“6.29”

Context: FDN-C26-452

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 20.18

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-452FDNS · silverGrade: 3.6Grade Unit: g/tIntercept: 23.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-452
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.6
Grade Unit
g/t
Intercept
23.3 m
True Width
20.18 m
From
38.7 m
To
62 m
Intercept Depth
38.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-452:38.7-62
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 83.9 g/t·m is below.

Negative factors

  • 3.6 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

“3.60”

Context: FDN-C26-452

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 20.18

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-452FDNS · goldGrade: 11.97Grade Unit: g/tIntercept: 2.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-452
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.97
Grade Unit
g/t
Intercept
2.85 m
True Width
2.47 m
From
38.7 m
To
41.55 m
Intercept Depth
38.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-452:38.7-41.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.97 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 34.1 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 11.97 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

“11.97”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-452FDNS · silverGrade: 4.28Grade Unit: g/tIntercept: 2.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-452
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.28
Grade Unit
g/t
Intercept
2.85 m
True Width
2.47 m
From
38.7 m
To
41.55 m
Intercept Depth
38.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-452:38.7-41.55
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.28 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.2 g/t·m is below.

Negative factors

  • 4.28 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

“4.28”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-452FDNS · goldGrade: 10.25Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-452
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.25
Grade Unit
g/t
Intercept
1.65 m
True Width
1.43 m
From
55.75 m
To
57.4 m
Intercept Depth
55.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-452:55.75-57.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.25 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

  • 10.25 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

“10.25”

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 1.43

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-452FDNS · silverGrade: 3.39Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-452
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.39
Grade Unit
g/t
Intercept
1.65 m
True Width
1.43 m
From
55.75 m
To
57.4 m
Intercept Depth
55.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-452:55.75-57.4
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.39 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

  • 3.39 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

“3.39”

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 1.43

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · goldGrade: 53.01Grade Unit: g/tIntercept: 8.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
53.01
Grade Unit
g/t
Intercept
8.4 m
True Width
8.27 m
From
31.3 m
To
39.7 m
Intercept Depth
31.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:31.3-39.7
Mining Method
underground

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 53.01 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 445.3 g/t·m is exceptional.

Positive factors

  • 53.01 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

“53.01”

Context: FDN-C26-453

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 8.27

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · silverGrade: 8.25Grade Unit: g/tIntercept: 8.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.25
Grade Unit
g/t
Intercept
8.4 m
True Width
8.27 m
From
31.3 m
To
39.7 m
Intercept Depth
31.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:31.3-39.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.25 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 69.3 g/t·m is below.

Negative factors

  • 8.25 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

“8.25”

Context: FDN-C26-453

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 8.27

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · goldGrade: 220.08Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
220.08
Grade Unit
g/t
Intercept
1.85 m
True Width
1.82 m
From
37.85 m
To
39.7 m
Intercept Depth
37.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:37.85-39.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 220.08 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 407.1 g/t·m is exceptional.

Positive factors

  • 220.08 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

“220.08”

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 1.82

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · silverGrade: 29.34Grade Unit: g/tIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
29.34
Grade Unit
g/t
Intercept
1.85 m
True Width
1.82 m
From
37.85 m
To
39.7 m
Intercept Depth
37.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:37.85-39.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 29.34 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

  • 29.34 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

“29.34”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · goldGrade: 7.82Grade Unit: g/tIntercept: 7.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.82
Grade Unit
g/t
Intercept
7.15 m
True Width
7.04 m
From
46.55 m
To
53.7 m
Intercept Depth
46.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:46.55-53.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.82 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 55.9 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 7.82 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

“7.82”

Context: FDN-C26-453

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 7.04

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · silverGrade: 4.39Grade Unit: g/tIntercept: 7.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.39
Grade Unit
g/t
Intercept
7.15 m
True Width
7.04 m
From
46.55 m
To
53.7 m
Intercept Depth
46.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:46.55-53.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.39 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 31.4 g/t·m is below.

Negative factors

  • 4.39 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

“4.39”

Context: FDN-C26-453

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 7.04

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · goldGrade: 16.26Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.26
Grade Unit
g/t
Intercept
1.5 m
True Width
1.48 m
From
47 m
To
48.5 m
Intercept Depth
47 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:47-48.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.26 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

  • 16.26 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

“16.26”

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 1.48

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · silverGrade: 8.52Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.52
Grade Unit
g/t
Intercept
1.5 m
True Width
1.48 m
From
47 m
To
48.5 m
Intercept Depth
47 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:47-48.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.52 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.8 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: 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 1.48

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · goldGrade: 3.69Grade Unit: g/tIntercept: 4.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.69
Grade Unit
g/t
Intercept
4.65 m
True Width
4.58 m
From
68.45 m
To
73.1 m
Intercept Depth
68.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:68.45-73.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.69 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.2 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.69”

Context: FDN-C26-453

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 4.58

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · silverGrade: 2.19Grade Unit: g/tIntercept: 4.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.19
Grade Unit
g/t
Intercept
4.65 m
True Width
4.58 m
From
68.45 m
To
73.1 m
Intercept Depth
68.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:68.45-73.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.19 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.2 g/t·m is below.

Negative factors

  • 2.19 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

“2.19”

Context: FDN-C26-453

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 4.58

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · goldGrade: 16.5Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.5
Grade Unit
g/t
Intercept
0.7 m
True Width
0.69 m
From
68.45 m
To
69.15 m
Intercept Depth
68.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:68.45-69.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.5 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.5 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

“16.50”

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 0.69

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · silverGrade: 2.9Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.9
Grade Unit
g/t
Intercept
0.7 m
True Width
0.69 m
From
68.45 m
To
69.15 m
Intercept Depth
68.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:68.45-69.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.0 g/t·m is below.

Negative factors

  • 2.9 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

“2.90”

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 0.69

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · goldGrade: 3.42Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.42
Grade Unit
g/t
Intercept
3.4 m
True Width
3.35 m
From
117 m
To
120.4 m
Intercept Depth
117 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:117-120.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.42 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.6 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.42”

Context: FDN-C26-453

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 3.35

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-453FDNS · silverGrade: 1.8Grade Unit: g/tIntercept: 3.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-453
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
1.8
Grade Unit
g/t
Intercept
3.4 m
True Width
3.35 m
From
117 m
To
120.4 m
Intercept Depth
117 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-453:117-120.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 1.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.1 g/t·m is below.

Negative factors

  • 1.8 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.80”

Context: FDN-C26-453

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 3.35

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · goldGrade: 5.28Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.28
Grade Unit
g/t
Intercept
1.6 m
True Width
1.55 m
From
32.1 m
To
33.7 m
Intercept Depth
32.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:32.1-33.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.28 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.4 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

“5.28”

Context: FDN-C26-454

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · silverGrade: 1.69Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
1.69
Grade Unit
g/t
Intercept
1.6 m
True Width
1.55 m
From
32.1 m
To
33.7 m
Intercept Depth
32.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:32.1-33.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 1.69 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.7 g/t·m is below.

Negative factors

  • 1.69 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

“1.69”

Context: FDN-C26-454

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · goldGrade: 6.64Grade Unit: g/tIntercept: 8.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.64
Grade Unit
g/t
Intercept
8.75 m
True Width
8.45 m
From
37.7 m
To
46.45 m
Intercept Depth
37.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:37.7-46.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.64 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 58.1 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.64”

Context: FDN-C26-454

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 8.45

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · silverGrade: 4.4Grade Unit: g/tIntercept: 8.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
8.75 m
True Width
8.45 m
From
37.7 m
To
46.45 m
Intercept Depth
37.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:37.7-46.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 38.5 g/t·m is below.

Negative factors

  • 4.4 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

“4.40”

Context: FDN-C26-454

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 8.45

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · goldGrade: 14.65Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.65
Grade Unit
g/t
Intercept
0.9 m
True Width
0.87 m
From
41.8 m
To
42.7 m
Intercept Depth
41.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:41.8-42.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.65 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.2 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 14.65 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

“14.65”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · silverGrade: 4.4Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
0.9 m
True Width
0.87 m
From
41.8 m
To
42.7 m
Intercept Depth
41.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:41.8-42.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.0 g/t·m is below.

Negative factors

  • 4.4 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

“4.40”

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 0.87

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · goldGrade: 10.26Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.26
Grade Unit
g/t
Intercept
1.6 m
True Width
1.55 m
From
44.85 m
To
46.45 m
Intercept Depth
44.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:44.85-46.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.26 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

  • 10.26 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

“10.26”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · silverGrade: 4.7Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.7
Grade Unit
g/t
Intercept
1.6 m
True Width
1.55 m
From
44.85 m
To
46.45 m
Intercept Depth
44.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:44.85-46.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.7 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

  • 4.7 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

“4.70”

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 1.55

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · goldGrade: 4.34Grade Unit: g/tIntercept: 5.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.34
Grade Unit
g/t
Intercept
5.4 m
True Width
5.22 m
From
71.6 m
To
77 m
Intercept Depth
71.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:71.6-77
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.34 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 23.4 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

“4.34”

Context: FDN-C26-454

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 5.22

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · silverGrade: 0.84Grade Unit: g/tIntercept: 5.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
0.84
Grade Unit
g/t
Intercept
5.4 m
True Width
5.22 m
From
71.6 m
To
77 m
Intercept Depth
71.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:71.6-77
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.84 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

  • 0.84 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

“0.84”

Context: FDN-C26-454

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 5.22

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · goldGrade: 16.55Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.55
Grade Unit
g/t
Intercept
0.7 m
True Width
0.68 m
From
74.25 m
To
74.95 m
Intercept Depth
74.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:74.25-74.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.55 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

  • 16.55 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

“16.55”

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 0.68

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-454FDNS · silverGrade: 1.5Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-454
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
0.7 m
True Width
0.68 m
From
74.25 m
To
74.95 m
Intercept Depth
74.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-454:74.25-74.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 1.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 1.0 g/t·m is below.

Negative factors

  • 1.5 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

“1.50”

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 0.68

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-455FDNS · goldGrade: 4.81Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-455
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.81
Grade Unit
g/t
Intercept
1.9 m
True Width
1.84 m
From
78.75 m
To
80.65 m
Intercept Depth
78.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-455:78.75-80.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.81 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.1 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.81”

Context: FDN-C26-455

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-455FDNS · silverGrade: 6.5Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-455
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.5
Grade Unit
g/t
Intercept
1.9 m
True Width
1.84 m
From
78.75 m
To
80.65 m
Intercept Depth
78.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-455:78.75-80.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.3 g/t·m is below.

Negative factors

  • 6.5 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

“6.50”

Context: FDN-C26-455

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-455FDNS · goldGrade: 8.2Grade Unit: g/tIntercept: 4.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-455
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.2
Grade Unit
g/t
Intercept
4.7 m
True Width
4.54 m
From
101.25 m
To
105.95 m
Intercept Depth
101.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-455:101.25-105.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 38.5 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-C26-455

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.54

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-455FDNS · silverGrade: 5.2Grade Unit: g/tIntercept: 4.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-455
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.2
Grade Unit
g/t
Intercept
4.7 m
True Width
4.54 m
From
101.25 m
To
105.95 m
Intercept Depth
101.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-455:101.25-105.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 24.4 g/t·m is below.

Negative factors

  • 5.2 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

“5.20”

Context: FDN-C26-455

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.54

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-455FDNS · goldGrade: 78.8Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-455
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
78.8
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
101.25 m
To
101.65 m
Intercept Depth
101.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-455:101.25-101.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 78.8 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 31.5 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 78.8 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

“78.80”

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 0.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-455FDNS · silverGrade: 31.8Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-455
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
31.8
Grade Unit
g/t
Intercept
0.4 m
True Width
0.39 m
From
101.25 m
To
101.65 m
Intercept Depth
101.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-455:101.25-101.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 31.8 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 12.7 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

“31.80”

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 0.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-457FDNS · goldGrade: 3.69Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-457
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.69
Grade Unit
g/t
Intercept
3.8 m
True Width
1.9 m
From
0 m
To
3.8 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-457:0-3.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.69 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.0 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.69”

Context: FDN-C26-457

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 1.9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-457FDNS · silverGrade: 5.36Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-457
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.36
Grade Unit
g/t
Intercept
3.8 m
True Width
1.9 m
From
0 m
To
3.8 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-457:0-3.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.36 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 20.4 g/t·m is below.

Negative factors

  • 5.36 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

“5.36”

Context: FDN-C26-457

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 1.9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-457FDNS · goldGrade: 7.93Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-457
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.93
Grade Unit
g/t
Intercept
1 m
True Width
0.5 m
From
0 m
To
1 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-457:0-1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.93 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.9 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 7.93 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

“7.93”

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 0.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-457FDNS · silverGrade: 5.2Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-457
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.2
Grade Unit
g/t
Intercept
1 m
True Width
0.5 m
From
0 m
To
1 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-457:0-1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.2 g/t·m is below.

Negative factors

  • 5.2 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

“5.20”

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 0.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-457FDNS · goldGrade: 6.97Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-457
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.97
Grade Unit
g/t
Intercept
1.65 m
True Width
0.83 m
From
30.4 m
To
32.05 m
Intercept Depth
30.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-457:30.4-32.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.97 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.5 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

“6.97”

Context: FDN-C26-457

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-457FDNS · silverGrade: 3.94Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-457
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.94
Grade Unit
g/t
Intercept
1.65 m
True Width
0.83 m
From
30.4 m
To
32.05 m
Intercept Depth
30.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-457:30.4-32.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.94 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

  • 3.94 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

“3.94”

Context: FDN-C26-457

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-458FDNS · goldGrade: 3.96Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-458
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.96
Grade Unit
g/t
Intercept
3 m
True Width
1.93 m
From
0 m
To
3 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-458:0-3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.96 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.9 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.96”

Context: FDN-C26-458

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.93

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-458FDNS · silverGrade: 4.2Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-458
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.2
Grade Unit
g/t
Intercept
3 m
True Width
1.93 m
From
0 m
To
3 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-458:0-3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.2 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

  • 4.2 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

“4.20”

Context: FDN-C26-458

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.93

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-458FDNS · goldGrade: 11.28Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-458
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.28
Grade Unit
g/t
Intercept
3.2 m
True Width
2.06 m
From
41.2 m
To
44.4 m
Intercept Depth
41.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-458:41.2-44.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.28 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

  • 11.28 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

“11.28”

Context: FDN-C26-458

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.06

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-458FDNS · silverGrade: 10.47Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-458
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.47
Grade Unit
g/t
Intercept
3.2 m
True Width
2.06 m
From
41.2 m
To
44.4 m
Intercept Depth
41.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-458:41.2-44.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.47 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 33.5 g/t·m is below.

Negative factors

  • 10.47 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

“10.47”

Context: FDN-C26-458

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.06

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-458FDNS · goldGrade: 27.93Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-458
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.93
Grade Unit
g/t
Intercept
1.25 m
True Width
0.8 m
From
41.2 m
To
42.45 m
Intercept Depth
41.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-458:41.2-42.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 27.93 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 34.9 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 27.93 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

“27.93”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-458FDNS · silverGrade: 19.72Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-458
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.72
Grade Unit
g/t
Intercept
1.25 m
True Width
0.8 m
From
41.2 m
To
42.45 m
Intercept Depth
41.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-458:41.2-42.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 19.72 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

  • 19.72 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

“19.72”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-458FDNS · goldGrade: 30.28Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-458
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
30.28
Grade Unit
g/t
Intercept
1 m
True Width
0.64 m
From
136.25 m
To
137.25 m
Intercept Depth
136.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-458:136.25-137.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 30.28 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.3 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 30.28 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

“30.28”

Context: FDN-C26-458

Tags 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-458FDNS · silverGrade: 46.16Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-458
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
46.16
Grade Unit
g/t
Intercept
1 m
True Width
0.64 m
From
136.25 m
To
137.25 m
Intercept Depth
136.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-458:136.25-137.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 46.16 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 46.2 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“46.16”

Context: FDN-C26-458

Tags 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · goldGrade: 18.68Grade Unit: g/tIntercept: 13.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.68
Grade Unit
g/t
Intercept
13.15 m
True Width
10.07 m
From
33.85 m
To
47 m
Intercept Depth
33.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:33.85-47
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.68 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 245.6 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 18.68 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

“18.68”

Context: FDN-C26-459

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10.07

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · silverGrade: 11.47Grade Unit: g/tIntercept: 13.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.47
Grade Unit
g/t
Intercept
13.15 m
True Width
10.07 m
From
33.85 m
To
47 m
Intercept Depth
33.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:33.85-47
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.47 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 150.8 g/t·m is below.

Negative factors

  • 11.47 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

“11.47”

Context: FDN-C26-459

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10.07

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · goldGrade: 44.01Grade Unit: g/tIntercept: 5.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
44.01
Grade Unit
g/t
Intercept
5.25 m
True Width
4.02 m
From
36.4 m
To
41.65 m
Intercept Depth
36.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:36.4-41.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 44.01 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 231.1 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 44.01 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

“44.01”

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 4.02

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · silverGrade: 21.64Grade Unit: g/tIntercept: 5.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.64
Grade Unit
g/t
Intercept
5.25 m
True Width
4.02 m
From
36.4 m
To
41.65 m
Intercept Depth
36.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:36.4-41.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21.64 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 113.6 g/t·m is below.

Negative factors

  • 21.64 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

“21.64”

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 4.02

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · goldGrade: 12.02Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.02
Grade Unit
g/t
Intercept
3.35 m
True Width
2.57 m
From
61.85 m
To
65.2 m
Intercept Depth
61.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:61.85-65.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.02 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 40.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 12.02 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

“12.02”

Context: FDN-C26-459

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.57

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · silverGrade: 14.19Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.19
Grade Unit
g/t
Intercept
3.35 m
True Width
2.57 m
From
61.85 m
To
65.2 m
Intercept Depth
61.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:61.85-65.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.19 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 47.5 g/t·m is below.

Negative factors

  • 14.19 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

“14.19”

Context: FDN-C26-459

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.57

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · goldGrade: 38.2Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
38.2
Grade Unit
g/t
Intercept
1 m
True Width
0.77 m
From
61.85 m
To
62.85 m
Intercept Depth
61.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:61.85-62.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 38.2 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 38.2 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 38.2 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

“38.20”

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 0.77

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · silverGrade: 16.8Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.8
Grade Unit
g/t
Intercept
1 m
True Width
0.77 m
From
61.85 m
To
62.85 m
Intercept Depth
61.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:61.85-62.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 16.8 g/t·m is below.

Negative factors

  • 16.8 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“16.80”

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 0.77

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · goldGrade: 12.34Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.34
Grade Unit
g/t
Intercept
2.8 m
True Width
2.14 m
From
90 m
To
92.8 m
Intercept Depth
90 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:90-92.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.34 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 34.6 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 12.34 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

“12.34”

Context: FDN-C26-459

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · silverGrade: 44.61Grade Unit: g/tIntercept: 2.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
44.61
Grade Unit
g/t
Intercept
2.8 m
True Width
2.14 m
From
90 m
To
92.8 m
Intercept Depth
90 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:90-92.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 44.61 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 124.9 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

“44.61”

Context: FDN-C26-459

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · goldGrade: 53.4Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
53.4
Grade Unit
g/t
Intercept
0.6 m
True Width
0.46 m
From
90.7 m
To
91.3 m
Intercept Depth
90.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:90.7-91.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 53.4 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 32.0 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 53.4 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

“53.40”

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 0.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · silverGrade: 134Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
134
Grade Unit
g/t
Intercept
0.6 m
True Width
0.46 m
From
90.7 m
To
91.3 m
Intercept Depth
90.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:90.7-91.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 134 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 80.4 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

“134.00”

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 0.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · goldGrade: 71Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
71
Grade Unit
g/t
Intercept
1.15 m
True Width
0.88 m
From
109.4 m
To
110.55 m
Intercept Depth
109.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:109.4-110.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 71 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 81.6 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 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

“71.00”

Context: FDN-C26-459

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · silverGrade: 51.76Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
51.76
Grade Unit
g/t
Intercept
1.15 m
True Width
0.88 m
From
109.4 m
To
110.55 m
Intercept Depth
109.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:109.4-110.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 51.76 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 59.5 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

“51.76”

Context: FDN-C26-459

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · goldGrade: 90.91Grade Unit: g/tIntercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
90.91
Grade Unit
g/t
Intercept
6.8 m
True Width
5.21 m
From
137.4 m
To
145.25 m
Intercept Depth
137.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:137.4-145.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 90.91 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 618.2 g/t·m is exceptional.

Positive factors

  • 90.91 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

“90.91”

Context: FDN-C26-459

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.21

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · silverGrade: 216.67Grade Unit: g/tIntercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
216.67
Grade Unit
g/t
Intercept
6.8 m
True Width
5.21 m
From
137.4 m
To
145.25 m
Intercept Depth
137.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:137.4-145.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 216.67 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1473.4 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 216.67 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“216.67”

Context: FDN-C26-459

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.21

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · goldGrade: 214.4Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
214.4
Grade Unit
g/t
Intercept
2.45 m
True Width
1.88 m
From
141.2 m
To
143.65 m
Intercept Depth
141.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:141.2-143.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 214.4 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 525.3 g/t·m is exceptional.

Positive factors

  • 214.4 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

“214.40”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-459FDNS · silverGrade: 411.47Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-459
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
411.47
Grade Unit
g/t
Intercept
2.45 m
True Width
1.88 m
From
141.2 m
To
143.65 m
Intercept Depth
141.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-459:141.2-143.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 411.47 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1008.1 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 411.47 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“411.47”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · goldGrade: 13.77Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.77
Grade Unit
g/t
Intercept
3.2 m
True Width
3.19 m
From
9.4 m
To
12.6 m
Intercept Depth
9.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:9.4-12.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 44.1 g/t·m is moderate (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: FDN-C26-460

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · silverGrade: 3.53Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.53
Grade Unit
g/t
Intercept
3.2 m
True Width
3.19 m
From
9.4 m
To
12.6 m
Intercept Depth
9.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:9.4-12.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.53 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

  • 3.53 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

“3.53”

Context: FDN-C26-460

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · goldGrade: 22.03Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.03
Grade Unit
g/t
Intercept
1.4 m
True Width
1.39 m
From
10.2 m
To
11.6 m
Intercept Depth
10.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:10.2-11.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 22.03 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.8 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 22.03 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

“22.03”

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 1.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · silverGrade: 5Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5
Grade Unit
g/t
Intercept
1.4 m
True Width
1.39 m
From
10.2 m
To
11.6 m
Intercept Depth
10.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:10.2-11.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5 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

  • 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

“5.00”

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 1.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · goldGrade: 5.1Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.1
Grade Unit
g/t
Intercept
2.4 m
True Width
2.39 m
From
28.1 m
To
30.5 m
Intercept Depth
28.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:28.1-30.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.1 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.2 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.10”

Context: FDN-C26-460

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · silverGrade: 3.15Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.15
Grade Unit
g/t
Intercept
2.4 m
True Width
2.39 m
From
28.1 m
To
30.5 m
Intercept Depth
28.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:28.1-30.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.15 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

  • 3.15 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

“3.15”

Context: FDN-C26-460

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · goldGrade: 10.05Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.05
Grade Unit
g/t
Intercept
0.4 m
True Width
0.4 m
From
30.1 m
To
30.5 m
Intercept Depth
30.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:30.1-30.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.05 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 4.0 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 10.05 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

“10.05”

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 0.4

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · silverGrade: 10.9Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.9
Grade Unit
g/t
Intercept
0.4 m
True Width
0.4 m
From
30.1 m
To
30.5 m
Intercept Depth
30.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:30.1-30.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.4 g/t·m is below.

Negative factors

  • 10.9 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

“10.90”

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 0.4

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · goldGrade: 4.15Grade Unit: g/tIntercept: 10.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.15
Grade Unit
g/t
Intercept
10.55 m
True Width
10.51 m
From
32.35 m
To
42.9 m
Intercept Depth
32.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:32.35-42.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.15 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 43.8 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.15”

Context: FDN-C26-460

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10.51

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · silverGrade: 4.5Grade Unit: g/tIntercept: 10.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.5
Grade Unit
g/t
Intercept
10.55 m
True Width
10.51 m
From
32.35 m
To
42.9 m
Intercept Depth
32.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:32.35-42.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 47.5 g/t·m is below.

Negative factors

  • 4.5 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

“4.50”

Context: FDN-C26-460

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 10.51

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · goldGrade: 5.65Grade Unit: g/tIntercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.65
Grade Unit
g/t
Intercept
3.65 m
True Width
3.64 m
From
36.85 m
To
40.5 m
Intercept Depth
36.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:36.85-40.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.65 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.6 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

“5.65”

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 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · silverGrade: 4.27Grade Unit: g/tIntercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.27
Grade Unit
g/t
Intercept
3.65 m
True Width
3.64 m
From
36.85 m
To
40.5 m
Intercept Depth
36.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:36.85-40.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.27 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

  • 4.27 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

“4.27”

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 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · goldGrade: 8.46Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.46
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
109.75 m
To
110.75 m
Intercept Depth
109.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:109.75-110.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.46 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.5 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 8.46 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

“8.46”

Context: FDN-C26-460

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · silverGrade: 1.5Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
1 m
True Width
1 m
From
109.75 m
To
110.75 m
Intercept Depth
109.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:109.75-110.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 1.5 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

  • 1.5 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

“1.50”

Context: FDN-C26-460

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · goldGrade: 7.37Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.37
Grade Unit
g/t
Intercept
1.4 m
True Width
1.39 m
From
126.85 m
To
128.25 m
Intercept Depth
126.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:126.85-128.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.37 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.3 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 7.37 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

“7.37”

Context: FDN-C26-460

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-460FDNS · silverGrade: 0.86Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-460
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
0.86
Grade Unit
g/t
Intercept
1.4 m
True Width
1.39 m
From
126.85 m
To
128.25 m
Intercept Depth
126.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-460:126.85-128.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 0.86 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 1.2 g/t·m is below.

Negative factors

  • 0.86 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

“0.86”

Context: FDN-C26-460

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · goldGrade: 19.83Grade Unit: g/tIntercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.83
Grade Unit
g/t
Intercept
4.1 m
True Width
4.08 m
From
9.5 m
To
13.6 m
Intercept Depth
9.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:9.5-13.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 81.3 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: FDN-C26-461

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.08

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · silverGrade: 3.29Grade Unit: g/tIntercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.29
Grade Unit
g/t
Intercept
4.1 m
True Width
4.08 m
From
9.5 m
To
13.6 m
Intercept Depth
9.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:9.5-13.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.29 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.5 g/t·m is below.

Negative factors

  • 3.29 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

“3.29”

Context: FDN-C26-461

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.08

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · goldGrade: 48.92Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
48.92
Grade Unit
g/t
Intercept
1.4 m
True Width
1.39 m
From
12.2 m
To
13.6 m
Intercept Depth
12.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:12.2-13.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 48.92 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 68.5 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 48.92 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

“48.92”

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 1.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · silverGrade: 7.41Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.41
Grade Unit
g/t
Intercept
1.4 m
True Width
1.39 m
From
12.2 m
To
13.6 m
Intercept Depth
12.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:12.2-13.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.41 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

  • 7.41 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

“7.41”

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 1.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · goldGrade: 4.91Grade Unit: g/tIntercept: 20.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.91
Grade Unit
g/t
Intercept
20.2 m
True Width
20.12 m
From
29.3 m
To
49.5 m
Intercept Depth
29.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:29.3-49.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 99.2 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.91”

Context: FDN-C26-461

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 20.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · silverGrade: 4.65Grade Unit: g/tIntercept: 20.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.65
Grade Unit
g/t
Intercept
20.2 m
True Width
20.12 m
From
29.3 m
To
49.5 m
Intercept Depth
29.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:29.3-49.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.65 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 93.9 g/t·m is below.

Negative factors

  • 4.65 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

“4.65”

Context: FDN-C26-461

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 20.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · goldGrade: 11.67Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.67
Grade Unit
g/t
Intercept
2 m
True Width
1.99 m
From
37.7 m
To
39.7 m
Intercept Depth
37.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:37.7-39.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.67 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 23.3 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 11.67 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

“11.67”

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 1.99

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · silverGrade: 12.11Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.11
Grade Unit
g/t
Intercept
2 m
True Width
1.99 m
From
37.7 m
To
39.7 m
Intercept Depth
37.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:37.7-39.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.11 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 24.2 g/t·m is below.

Negative factors

  • 12.11 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

“12.11”

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 1.99

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · goldGrade: 9.14Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.14
Grade Unit
g/t
Intercept
2.05 m
True Width
2.04 m
From
70.5 m
To
72.55 m
Intercept Depth
70.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:70.5-72.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.14 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 18.7 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 9.14 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

“9.14”

Context: FDN-C26-461

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.04

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · silverGrade: 4.38Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.38
Grade Unit
g/t
Intercept
2.05 m
True Width
2.04 m
From
70.5 m
To
72.55 m
Intercept Depth
70.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:70.5-72.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.38 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.0 g/t·m is below.

Negative factors

  • 4.38 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

“4.38”

Context: FDN-C26-461

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.04

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · goldGrade: 23.5Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.5
Grade Unit
g/t
Intercept
0.5 m
True Width
0.5 m
From
71.2 m
To
71.7 m
Intercept Depth
71.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:71.2-71.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 23.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.8 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 23.5 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

“23.50”

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 0.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · silverGrade: 7.2Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.2
Grade Unit
g/t
Intercept
0.5 m
True Width
0.5 m
From
71.2 m
To
71.7 m
Intercept Depth
71.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:71.2-71.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.6 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: 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 0.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · goldGrade: 10.08Grade Unit: g/tIntercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.08
Grade Unit
g/t
Intercept
6.2 m
True Width
6.18 m
From
93.8 m
To
100 m
Intercept Depth
93.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:93.8-100
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.08 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 62.5 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 10.08 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

“10.08”

Context: FDN-C26-461

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.18

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · silverGrade: 2.46Grade Unit: g/tIntercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.46
Grade Unit
g/t
Intercept
6.2 m
True Width
6.18 m
From
93.8 m
To
100 m
Intercept Depth
93.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:93.8-100
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.46 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 15.3 g/t·m is below.

Negative factors

  • 2.46 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

“2.46”

Context: FDN-C26-461

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.18

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · goldGrade: 23.44Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.44
Grade Unit
g/t
Intercept
1.7 m
True Width
1.69 m
From
98.3 m
To
100 m
Intercept Depth
98.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:98.3-100
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 23.44 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 39.8 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 23.44 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

“23.44”

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 1.69

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-461FDNS · silverGrade: 4.05Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-461
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.05
Grade Unit
g/t
Intercept
1.7 m
True Width
1.69 m
From
98.3 m
To
100 m
Intercept Depth
98.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-461:98.3-100
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.05 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.9 g/t·m is below.

Negative factors

  • 4.05 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

“4.05”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-462FDNS · goldGrade: 10.41Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-462
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.41
Grade Unit
g/t
Intercept
1.4 m
True Width
1.07 m
From
32.35 m
To
33.75 m
Intercept Depth
32.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-462:32.35-33.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.41 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.41 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

“10.41”

Context: FDN-C26-462

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.07

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-462FDNS · silverGrade: 12.35Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-462
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.35
Grade Unit
g/t
Intercept
1.4 m
True Width
1.07 m
From
32.35 m
To
33.75 m
Intercept Depth
32.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-462:32.35-33.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.35 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 17.3 g/t·m is below.

Negative factors

  • 12.35 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

“12.35”

Context: FDN-C26-462

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.07

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-462FDNS · goldGrade: 9.58Grade Unit: g/tIntercept: 6.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-462
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.58
Grade Unit
g/t
Intercept
6.45 m
True Width
4.94 m
From
35.7 m
To
42.15 m
Intercept Depth
35.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-462:35.7-42.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.58 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 61.8 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 9.58 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

“9.58”

Context: FDN-C26-462

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-462FDNS · silverGrade: 48.04Grade Unit: g/tIntercept: 6.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-462
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
48.04
Grade Unit
g/t
Intercept
6.45 m
True Width
4.94 m
From
35.7 m
To
42.15 m
Intercept Depth
35.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-462:35.7-42.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 48.04 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 309.9 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“48.04”

Context: FDN-C26-462

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-462FDNS · goldGrade: 51.9Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-462
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
51.9
Grade Unit
g/t
Intercept
0.6 m
True Width
0.46 m
From
35.7 m
To
36.3 m
Intercept Depth
35.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-462:35.7-36.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 51.9 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 31.1 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 51.9 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

“51.90”

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 0.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-462FDNS · silverGrade: 48.2Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-462
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
48.2
Grade Unit
g/t
Intercept
0.6 m
True Width
0.46 m
From
35.7 m
To
36.3 m
Intercept Depth
35.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-462:35.7-36.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 48.2 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 28.9 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

“48.20”

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 0.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-462FDNS · goldGrade: 21.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-462
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.31 m
From
37.75 m
To
38.15 m
Intercept Depth
37.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-462:37.75-38.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21.4 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

  • 21.4 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

“21.40”

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 0.31

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-462FDNS · silverGrade: 57.2Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-462
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
57.2
Grade Unit
g/t
Intercept
0.4 m
True Width
0.31 m
From
37.75 m
To
38.15 m
Intercept Depth
37.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-462:37.75-38.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 57.2 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 22.9 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

“57.20”

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 0.31

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-462FDNS · goldGrade: 35.1Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-462
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
35.1
Grade Unit
g/t
Intercept
0.4 m
True Width
0.31 m
From
41.75 m
To
42.15 m
Intercept Depth
41.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-462:41.75-42.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 35.1 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

  • 35.1 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

“35.10”

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 0.31

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-462FDNS · silverGrade: 489Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-462
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
489
Grade Unit
g/t
Intercept
0.4 m
True Width
0.31 m
From
41.75 m
To
42.15 m
Intercept Depth
41.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-462:41.75-42.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 489 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 195.6 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 489 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“489.00”

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 0.31

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · goldGrade: 3.58Grade Unit: g/tIntercept: 4.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.58
Grade Unit
g/t
Intercept
4.45 m
True Width
3.41 m
From
9.7 m
To
14.15 m
Intercept Depth
9.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:9.7-14.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.58 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.9 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.58”

Context: FDN-C26-463

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.41

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · silverGrade: 36.41Grade Unit: g/tIntercept: 4.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
36.41
Grade Unit
g/t
Intercept
4.45 m
True Width
3.41 m
From
9.7 m
To
14.15 m
Intercept Depth
9.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:9.7-14.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 36.41 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 162.0 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

“36.41”

Context: FDN-C26-463

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.41

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · goldGrade: 12.05Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.05
Grade Unit
g/t
Intercept
0.5 m
True Width
0.38 m
From
11.05 m
To
11.55 m
Intercept Depth
11.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:11.05-11.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.05 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 6.0 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 12.05 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

“12.05”

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 0.38

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · silverGrade: 174Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
174
Grade Unit
g/t
Intercept
0.5 m
True Width
0.38 m
From
11.05 m
To
11.55 m
Intercept Depth
11.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:11.05-11.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 174 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 87.0 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

“174.00”

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 0.38

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · goldGrade: 4.43Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.43
Grade Unit
g/t
Intercept
3.75 m
True Width
3.07 m
From
16.35 m
To
20.1 m
Intercept Depth
16.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:16.35-20.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.43 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.6 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

“4.43”

Context: FDN-C26-463

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.07

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · silverGrade: 27.29Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.29
Grade Unit
g/t
Intercept
3.75 m
True Width
3.07 m
From
16.35 m
To
20.1 m
Intercept Depth
16.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:16.35-20.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 27.29 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 102.3 g/t·m is below.

Negative factors

  • 27.29 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

“27.29”

Context: FDN-C26-463

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.07

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · goldGrade: 10.5Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.5
Grade Unit
g/t
Intercept
0.8 m
True Width
0.66 m
From
17.8 m
To
18.6 m
Intercept Depth
17.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:17.8-18.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.5 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.4 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 10.5 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

“10.50”

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 0.66

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · silverGrade: 11.6Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
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
0.66 m
From
17.8 m
To
18.6 m
Intercept Depth
17.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:17.8-18.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 0.66

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · goldGrade: 5.21Grade Unit: g/tIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.21
Grade Unit
g/t
Intercept
5.9 m
True Width
3.79 m
From
49.35 m
To
55.25 m
Intercept Depth
49.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:49.35-55.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.21 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.7 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.21”

Context: FDN-C26-463

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.79

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · silverGrade: 37.69Grade Unit: g/tIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
37.69
Grade Unit
g/t
Intercept
5.9 m
True Width
3.79 m
From
49.35 m
To
55.25 m
Intercept Depth
49.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:49.35-55.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 37.69 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 222.4 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“37.69”

Context: FDN-C26-463

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.79

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · goldGrade: 10.91Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.91
Grade Unit
g/t
Intercept
1.65 m
True Width
1.06 m
From
51.8 m
To
53.45 m
Intercept Depth
51.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:51.8-53.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.91 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 18.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.91 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

“10.91”

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 1.06

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · silverGrade: 94.92Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
94.92
Grade Unit
g/t
Intercept
1.65 m
True Width
1.06 m
From
51.8 m
To
53.45 m
Intercept Depth
51.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:51.8-53.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 94.92 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 156.6 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

“94.92”

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 1.06

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · goldGrade: 6.06Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.06
Grade Unit
g/t
Intercept
3.2 m
True Width
2.45 m
From
147.5 m
To
150.7 m
Intercept Depth
147.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:147.5-150.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.06 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 19.4 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

“6.06”

Context: FDN-C26-463

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.45

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · silverGrade: 89.98Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
89.98
Grade Unit
g/t
Intercept
3.2 m
True Width
2.45 m
From
147.5 m
To
150.7 m
Intercept Depth
147.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:147.5-150.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 89.98 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 287.9 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“89.98”

Context: FDN-C26-463

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.45

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · goldGrade: 11.96Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.96
Grade Unit
g/t
Intercept
1.5 m
True Width
1.15 m
From
148.5 m
To
150 m
Intercept Depth
148.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:148.5-150
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 17.9 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 1.15

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-463FDNS · silverGrade: 177.66Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-463
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
177.66
Grade Unit
g/t
Intercept
1.5 m
True Width
1.15 m
From
148.5 m
To
150 m
Intercept Depth
148.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-463:148.5-150
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 177.66 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 266.5 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

“177.66”

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 1.15

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-464FDNS · goldGrade: 5.19Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-464
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.19
Grade Unit
g/t
Intercept
1.75 m
True Width
1.64 m
From
29.1 m
To
30.85 m
Intercept Depth
29.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-464:29.1-30.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 9.1 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.19”

Context: FDN-C26-464

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.64

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-464FDNS · silverGrade: 6.14Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-464
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.14
Grade Unit
g/t
Intercept
1.75 m
True Width
1.64 m
From
29.1 m
To
30.85 m
Intercept Depth
29.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-464:29.1-30.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.14 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.7 g/t·m is below.

Negative factors

  • 6.14 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

“6.14”

Context: FDN-C26-464

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.64

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-464FDNS · goldGrade: 6.5Grade Unit: g/tIntercept: 4.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-464
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.5
Grade Unit
g/t
Intercept
4.05 m
True Width
3.81 m
From
37.55 m
To
41.6 m
Intercept Depth
37.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-464:37.55-41.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.5 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 26.3 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

“6.50”

Context: FDN-C26-464

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-464FDNS · silverGrade: 9.96Grade Unit: g/tIntercept: 4.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-464
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.96
Grade Unit
g/t
Intercept
4.05 m
True Width
3.81 m
From
37.55 m
To
41.6 m
Intercept Depth
37.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-464:37.55-41.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.96 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

  • 9.96 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

“9.96”

Context: FDN-C26-464

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-464FDNS · goldGrade: 28.3Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-464
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
28.3
Grade Unit
g/t
Intercept
0.8 m
True Width
0.75 m
From
40 m
To
40.8 m
Intercept Depth
40 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-464:40-40.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 28.3 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.6 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 28.3 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

“28.30”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-464FDNS · silverGrade: 25.2Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-464
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
25.2
Grade Unit
g/t
Intercept
0.8 m
True Width
0.75 m
From
40 m
To
40.8 m
Intercept Depth
40 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-464:40-40.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 25.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 20.2 g/t·m is below.

Negative factors

  • 25.2 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

“25.20”

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 0.75

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-464FDNS · goldGrade: 5.04Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-464
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.04
Grade Unit
g/t
Intercept
1.9 m
True Width
1.79 m
From
84.1 m
To
86 m
Intercept Depth
84.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-464:84.1-86
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.04 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.6 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

“5.04”

Context: FDN-C26-464

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.79

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-464FDNS · silverGrade: 7.55Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-464
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.55
Grade Unit
g/t
Intercept
1.9 m
True Width
1.79 m
From
84.1 m
To
86 m
Intercept Depth
84.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-464:84.1-86
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.55 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 14.3 g/t·m is below.

Negative factors

  • 7.55 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

“7.55”

Context: FDN-C26-464

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.79

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · goldGrade: 16.84Grade Unit: g/tIntercept: 5.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.84
Grade Unit
g/t
Intercept
5.45 m
True Width
2.3 m
From
28.85 m
To
34.3 m
Intercept Depth
28.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:28.85-34.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.84 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 91.8 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.84 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

“16.84”

Context: FDN-C26-465

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.3

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · silverGrade: 15.31Grade Unit: g/tIntercept: 5.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.31
Grade Unit
g/t
Intercept
5.45 m
True Width
2.3 m
From
28.85 m
To
34.3 m
Intercept Depth
28.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:28.85-34.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.31 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 83.4 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: FDN-C26-465

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.3

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · goldGrade: 35.38Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
35.38
Grade Unit
g/t
Intercept
2.05 m
True Width
0.87 m
From
28.85 m
To
30.9 m
Intercept Depth
28.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:28.85-30.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 35.38 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 72.5 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 35.38 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

“35.38”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · silverGrade: 22.23Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.23
Grade Unit
g/t
Intercept
2.05 m
True Width
0.87 m
From
28.85 m
To
30.9 m
Intercept Depth
28.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:28.85-30.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 22.23 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 45.6 g/t·m is below.

Negative factors

  • 22.23 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

“22.23”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · goldGrade: 5.11Grade Unit: g/tIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.11
Grade Unit
g/t
Intercept
4.75 m
True Width
2.38 m
From
38.2 m
To
42.95 m
Intercept Depth
38.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:38.2-42.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.11 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 24.3 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

“5.11”

Context: FDN-C26-465

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.38

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · silverGrade: 17.61Grade Unit: g/tIntercept: 4.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.61
Grade Unit
g/t
Intercept
4.75 m
True Width
2.38 m
From
38.2 m
To
42.95 m
Intercept Depth
38.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:38.2-42.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.61 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 83.6 g/t·m is below.

Negative factors

  • 17.61 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

“17.61”

Context: FDN-C26-465

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.38

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · goldGrade: 9.7Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.7
Grade Unit
g/t
Intercept
1 m
True Width
0.5 m
From
38.2 m
To
39.2 m
Intercept Depth
38.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:38.2-39.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.7 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.7 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 9.7 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

“9.70”

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 0.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · silverGrade: 47.3Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
47.3
Grade Unit
g/t
Intercept
1 m
True Width
0.5 m
From
38.2 m
To
39.2 m
Intercept Depth
38.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:38.2-39.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 47.3 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 47.3 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

“47.30”

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 0.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · goldGrade: 8.4Grade Unit: g/tIntercept: 8.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.4
Grade Unit
g/t
Intercept
8.25 m
True Width
5.3 m
From
57.05 m
To
65.3 m
Intercept Depth
57.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:57.05-65.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.4 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 69.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 8.4 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

“8.40”

Context: FDN-C26-465

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.3

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · silverGrade: 27.85Grade Unit: g/tIntercept: 8.25 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.85
Grade Unit
g/t
Intercept
8.25 m
True Width
5.3 m
From
57.05 m
To
65.3 m
Intercept Depth
57.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:57.05-65.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 27.85 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 229.8 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

“27.85”

Context: FDN-C26-465

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.3

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · goldGrade: 19.01Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.01
Grade Unit
g/t
Intercept
2.3 m
True Width
1.48 m
From
62.05 m
To
64.35 m
Intercept Depth
62.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:62.05-64.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 19.01 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 43.7 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 19.01 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

“19.01”

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 1.48

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-465FDNS · silverGrade: 34.38Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-465
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
34.38
Grade Unit
g/t
Intercept
2.3 m
True Width
1.48 m
From
62.05 m
To
64.35 m
Intercept Depth
62.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-465:62.05-64.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 34.38 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 79.1 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

“34.38”

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 1.48

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-466FDNS · goldGrade: 8.46Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-466
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.46
Grade Unit
g/t
Intercept
3.15 m
True Width
2.41 m
From
101.95 m
To
105.1 m
Intercept Depth
101.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-466:101.95-105.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.46 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 26.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.46 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

“8.46”

Context: FDN-C26-466

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.41

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-466FDNS · silverGrade: 38.44Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-466
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
38.44
Grade Unit
g/t
Intercept
3.15 m
True Width
2.41 m
From
101.95 m
To
105.1 m
Intercept Depth
101.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-466:101.95-105.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 38.44 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 121.1 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

“38.44”

Context: FDN-C26-466

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.41

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-466FDNS · goldGrade: 13.01Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-466
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.01
Grade Unit
g/t
Intercept
1.9 m
True Width
1.46 m
From
102.35 m
To
104.25 m
Intercept Depth
102.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-466:102.35-104.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.01 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 24.7 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 13.01 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

“13.01”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-466FDNS · silverGrade: 51.55Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-466
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
51.55
Grade Unit
g/t
Intercept
1.9 m
True Width
1.46 m
From
102.35 m
To
104.25 m
Intercept Depth
102.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-466:102.35-104.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 51.55 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 97.9 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

“51.55”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · goldGrade: 7.62Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.62
Grade Unit
g/t
Intercept
3 m
True Width
2.12 m
From
11.85 m
To
14.85 m
Intercept Depth
11.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:11.85-14.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.62 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

  • 7.62 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

“7.62”

Context: FDN-C26-467

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · silverGrade: 14.31Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.31
Grade Unit
g/t
Intercept
3 m
True Width
2.12 m
From
11.85 m
To
14.85 m
Intercept Depth
11.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:11.85-14.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.31 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 42.9 g/t·m is below.

Negative factors

  • 14.31 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

“14.31”

Context: FDN-C26-467

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · goldGrade: 26.7Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
26.7
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
12.85 m
To
13.25 m
Intercept Depth
12.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:12.85-13.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 26.7 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

  • 26.7 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

“26.70”

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 0.28

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · silverGrade: 43.5Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
43.5
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
12.85 m
To
13.25 m
Intercept Depth
12.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:12.85-13.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 43.5 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 17.4 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

“43.50”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · goldGrade: 17.35Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.35
Grade Unit
g/t
Intercept
0.5 m
True Width
0.35 m
From
14.35 m
To
14.85 m
Intercept Depth
14.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:14.35-14.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.35 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.7 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 17.35 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

“17.35”

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 0.35

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · silverGrade: 5.2Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.2
Grade Unit
g/t
Intercept
0.5 m
True Width
0.35 m
From
14.35 m
To
14.85 m
Intercept Depth
14.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:14.35-14.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.6 g/t·m is below.

Negative factors

  • 5.2 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

“5.20”

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 0.35

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · goldGrade: 5.32Grade Unit: g/tIntercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.32
Grade Unit
g/t
Intercept
13.5 m
True Width
9.55 m
From
99.5 m
To
113 m
Intercept Depth
99.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:99.5-113
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.32 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 71.8 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.32”

Context: FDN-C26-467

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 9.55

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · silverGrade: 32.6Grade Unit: g/tIntercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
32.6
Grade Unit
g/t
Intercept
13.5 m
True Width
9.55 m
From
99.5 m
To
113 m
Intercept Depth
99.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:99.5-113
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 32.6 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 440.1 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“32.60”

Context: FDN-C26-467

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 9.55

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · goldGrade: 18.1Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.1
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
102.1 m
To
102.5 m
Intercept Depth
102.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:102.1-102.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.1 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

  • 18.1 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

“18.10”

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 0.28

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · silverGrade: 37.2Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
37.2
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
102.1 m
To
102.5 m
Intercept Depth
102.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:102.1-102.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 37.2 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 14.9 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

“37.20”

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 0.28

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · goldGrade: 16.15Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.15
Grade Unit
g/t
Intercept
0.5 m
True Width
0.35 m
From
104.55 m
To
105.05 m
Intercept Depth
104.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:104.55-105.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.15 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

  • 16.15 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

“16.15”

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 0.35

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · silverGrade: 15.5Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.5
Grade Unit
g/t
Intercept
0.5 m
True Width
0.35 m
From
104.55 m
To
105.05 m
Intercept Depth
104.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:104.55-105.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.5 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

  • 15.5 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

“15.50”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · goldGrade: 55.1Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
55.1
Grade Unit
g/t
Intercept
0.5 m
True Width
0.35 m
From
108.5 m
To
109 m
Intercept Depth
108.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:108.5-109
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 55.1 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 27.6 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 55.1 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

“55.10”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-467FDNS · silverGrade: 253Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-467
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
253
Grade Unit
g/t
Intercept
0.5 m
True Width
0.35 m
From
108.5 m
To
109 m
Intercept Depth
108.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-467:108.5-109
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 253 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 126.5 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 253 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“253.00”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · goldGrade: 4.02Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.02
Grade Unit
g/t
Intercept
3.8 m
True Width
2.44 m
From
9.2 m
To
13 m
Intercept Depth
9.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:9.2-13
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.02 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

“4.02”

Context: FDN-C26-468

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.44

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · silverGrade: 8.04Grade Unit: g/tIntercept: 3.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.04
Grade Unit
g/t
Intercept
3.8 m
True Width
2.44 m
From
9.2 m
To
13 m
Intercept Depth
9.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:9.2-13
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.04 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 30.6 g/t·m is below.

Negative factors

  • 8.04 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

“8.04”

Context: FDN-C26-468

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.44

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · goldGrade: 10.56Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.56
Grade Unit
g/t
Intercept
0.95 m
True Width
0.61 m
From
12.05 m
To
13 m
Intercept Depth
12.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:12.05-13
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.56 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.56 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

“10.56”

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 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · silverGrade: 16.24Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.24
Grade Unit
g/t
Intercept
0.95 m
True Width
0.61 m
From
12.05 m
To
13 m
Intercept Depth
12.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:12.05-13
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.24 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 15.4 g/t·m is below.

Negative factors

  • 16.24 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

“16.24”

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 0.61

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · goldGrade: 5.2Grade Unit: g/tIntercept: 6.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.2
Grade Unit
g/t
Intercept
6.5 m
True Width
4.18 m
From
27.5 m
To
34 m
Intercept Depth
27.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:27.5-34
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 33.8 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.20”

Context: FDN-C26-468

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.18

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · silverGrade: 17.58Grade Unit: g/tIntercept: 6.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.58
Grade Unit
g/t
Intercept
6.5 m
True Width
4.18 m
From
27.5 m
To
34 m
Intercept Depth
27.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:27.5-34
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.58 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 114.3 g/t·m is below.

Negative factors

  • 17.58 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

“17.58”

Context: FDN-C26-468

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.18

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · goldGrade: 18.57Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.57
Grade Unit
g/t
Intercept
1.2 m
True Width
0.77 m
From
27.5 m
To
28.7 m
Intercept Depth
27.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:27.5-28.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.57 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.3 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 18.57 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

“18.57”

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 0.77

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · silverGrade: 66.13Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
66.13
Grade Unit
g/t
Intercept
1.2 m
True Width
0.77 m
From
27.5 m
To
28.7 m
Intercept Depth
27.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:27.5-28.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 66.13 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 79.4 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

“66.13”

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 0.77

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · goldGrade: 3.33Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.33
Grade Unit
g/t
Intercept
3 m
True Width
1.93 m
From
67.4 m
To
70.4 m
Intercept Depth
67.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:67.4-70.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.33 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.0 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

“3.33”

Context: FDN-C26-468

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.93

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · silverGrade: 31.7Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
31.7
Grade Unit
g/t
Intercept
3 m
True Width
1.93 m
From
67.4 m
To
70.4 m
Intercept Depth
67.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:67.4-70.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 31.7 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 95.1 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

“31.70”

Context: FDN-C26-468

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.93

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · goldGrade: 7.9Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.9
Grade Unit
g/t
Intercept
5.2 m
True Width
3.34 m
From
81.7 m
To
86.9 m
Intercept Depth
81.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:81.7-86.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.9 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 41.1 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 7.9 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

“7.90”

Context: FDN-C26-468

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.34

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · silverGrade: 5.99Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.99
Grade Unit
g/t
Intercept
5.2 m
True Width
3.34 m
From
81.7 m
To
86.9 m
Intercept Depth
81.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:81.7-86.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.99 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 31.1 g/t·m is below.

Negative factors

  • 5.99 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

“5.99”

Context: FDN-C26-468

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.34

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · goldGrade: 27.47Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
27.47
Grade Unit
g/t
Intercept
1.45 m
True Width
0.93 m
From
84.2 m
To
85.65 m
Intercept Depth
84.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:84.2-85.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 27.47 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 39.8 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 27.47 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

“27.47”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-468FDNS · silverGrade: 15.2Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-468
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.2
Grade Unit
g/t
Intercept
1.45 m
True Width
0.93 m
From
84.2 m
To
85.65 m
Intercept Depth
84.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-468:84.2-85.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 22.0 g/t·m is below.

Negative factors

  • 15.2 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“15.20”

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 0.93

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · goldGrade: 5.79Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.79
Grade Unit
g/t
Intercept
2.5 m
True Width
2.17 m
From
0 m
To
2.5 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:0-2.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.79 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.5 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

“5.79”

Context: FDN-C26-469

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.17

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · silverGrade: 4.83Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.83
Grade Unit
g/t
Intercept
2.5 m
True Width
2.17 m
From
0 m
To
2.5 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:0-2.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.83 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.1 g/t·m is below.

Negative factors

  • 4.83 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

“4.83”

Context: FDN-C26-469

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.17

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · goldGrade: 28.2Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
28.2
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
0 m
To
0.4 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:0-0.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 28.2 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.3 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 28.2 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

“28.20”

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 0.35

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · silverGrade: 13.8Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.8
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
0 m
To
0.4 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:0-0.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.5 g/t·m is below.

Negative factors

  • 13.8 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“13.80”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · goldGrade: 7.63Grade Unit: g/tIntercept: 9.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.63
Grade Unit
g/t
Intercept
9.9 m
True Width
8.57 m
From
15.2 m
To
25.1 m
Intercept Depth
15.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:15.2-25.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.63 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 75.5 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 7.63 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

“7.63”

Context: FDN-C26-469

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.57

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · silverGrade: 17.35Grade Unit: g/tIntercept: 9.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.35
Grade Unit
g/t
Intercept
9.9 m
True Width
8.57 m
From
15.2 m
To
25.1 m
Intercept Depth
15.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:15.2-25.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.35 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 171.8 g/t·m is below.

Negative factors

  • 17.35 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

“17.35”

Context: FDN-C26-469

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.57

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · goldGrade: 23.58Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.58
Grade Unit
g/t
Intercept
1.8 m
True Width
1.56 m
From
19.5 m
To
21.3 m
Intercept Depth
19.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:19.5-21.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 23.58 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 42.4 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 23.58 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

“23.58”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · silverGrade: 37.39Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
37.39
Grade Unit
g/t
Intercept
1.8 m
True Width
1.56 m
From
19.5 m
To
21.3 m
Intercept Depth
19.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:19.5-21.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 37.39 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 67.3 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

“37.39”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · goldGrade: 4.96Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.96
Grade Unit
g/t
Intercept
3 m
True Width
2.6 m
From
48.9 m
To
51.9 m
Intercept Depth
48.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:48.9-51.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.96 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.9 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

“4.96”

Context: FDN-C26-469

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.6

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · silverGrade: 13.38Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.38
Grade Unit
g/t
Intercept
3 m
True Width
2.6 m
From
48.9 m
To
51.9 m
Intercept Depth
48.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:48.9-51.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.38 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 40.1 g/t·m is below.

Negative factors

  • 13.38 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

“13.38”

Context: FDN-C26-469

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.6

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · goldGrade: 14.75Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.75
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
48.9 m
To
49.3 m
Intercept Depth
48.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:48.9-49.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.75 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 5.9 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 14.75 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

“14.75”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · silverGrade: 21.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.35 m
From
48.9 m
To
49.3 m
Intercept Depth
48.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:48.9-49.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21.4 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

  • 21.4 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

“21.40”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · goldGrade: 12.05Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.05
Grade Unit
g/t
Intercept
0.45 m
True Width
0.39 m
From
50.35 m
To
50.8 m
Intercept Depth
50.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:50.35-50.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.05 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 5.4 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 12.05 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

“12.05”

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 0.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-469FDNS · silverGrade: 17.6Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-469
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.6
Grade Unit
g/t
Intercept
0.45 m
True Width
0.39 m
From
50.35 m
To
50.8 m
Intercept Depth
50.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-469:50.35-50.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.9 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 0.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-470FDNS · goldGrade: 5.84Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-470
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.84
Grade Unit
g/t
Intercept
2.95 m
True Width
2.95 m
From
5.1 m
To
8.05 m
Intercept Depth
5.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-470:5.1-8.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.84 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.2 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.84”

Context: FDN-C26-470

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.95

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-470FDNS · silverGrade: 16.63Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-470
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.63
Grade Unit
g/t
Intercept
2.95 m
True Width
2.95 m
From
5.1 m
To
8.05 m
Intercept Depth
5.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-470:5.1-8.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.63 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 49.1 g/t·m is below.

Negative factors

  • 16.63 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

“16.63”

Context: FDN-C26-470

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.95

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-470FDNS · goldGrade: 52.78Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-470
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
52.78
Grade Unit
g/t
Intercept
7.5 m
True Width
7.5 m
From
11.4 m
To
18.9 m
Intercept Depth
11.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-470:11.4-18.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 52.78 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 395.9 g/t·m is exceptional.

Positive factors

  • 52.78 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

“52.78”

Context: FDN-C26-470

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-470FDNS · silverGrade: 44.98Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-470
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
44.98
Grade Unit
g/t
Intercept
7.5 m
True Width
7.5 m
From
11.4 m
To
18.9 m
Intercept Depth
11.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-470:11.4-18.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 44.98 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 337.3 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“44.98”

Context: FDN-C26-470

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-470FDNS · goldGrade: 118.5Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-470
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
118.5
Grade Unit
g/t
Intercept
1.15 m
True Width
1.15 m
From
11.8 m
To
12.95 m
Intercept Depth
11.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-470:11.8-12.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 118.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 136.3 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 118.5 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

“118.50”

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 1.15

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-470FDNS · silverGrade: 159.48Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-470
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
159.48
Grade Unit
g/t
Intercept
1.15 m
True Width
1.15 m
From
11.8 m
To
12.95 m
Intercept Depth
11.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-470:11.8-12.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 159.48 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 183.4 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

“159.48”

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 1.15

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-470FDNS · goldGrade: 579Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-470
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
579
Grade Unit
g/t
Intercept
0.4 m
True Width
0.4 m
From
18.5 m
To
18.9 m
Intercept Depth
18.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-470:18.5-18.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 579 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 231.6 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 579 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

“579.00”

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 0.4

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-470FDNS · silverGrade: 260Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-470
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
260
Grade Unit
g/t
Intercept
0.4 m
True Width
0.4 m
From
18.5 m
To
18.9 m
Intercept Depth
18.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-470:18.5-18.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 260 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 104.0 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 260 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“260.00”

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 0.4

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-471FDNS · goldGrade: 3.13Grade Unit: g/tIntercept: 5.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-471
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.13
Grade Unit
g/t
Intercept
5.55 m
True Width
3.57 m
From
34.2 m
To
39.75 m
Intercept Depth
34.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-471:34.2-39.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.13 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.4 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.13”

Context: FDN-C26-471

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.57

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-471FDNS · silverGrade: 2.91Grade Unit: g/tIntercept: 5.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-471
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.91
Grade Unit
g/t
Intercept
5.55 m
True Width
3.57 m
From
34.2 m
To
39.75 m
Intercept Depth
34.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-471:34.2-39.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.91 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 16.2 g/t·m is below.

Negative factors

  • 2.91 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

“2.91”

Context: FDN-C26-471

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.57

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-471FDNS · goldGrade: 6.46Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-471
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.46
Grade Unit
g/t
Intercept
1.55 m
True Width
1 m
From
34.2 m
To
35.75 m
Intercept Depth
34.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-471:34.2-35.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.46 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.0 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

“6.46”

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

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-471FDNS · silverGrade: 2.56Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-471
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.56
Grade Unit
g/t
Intercept
1.55 m
True Width
1 m
From
34.2 m
To
35.75 m
Intercept Depth
34.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-471:34.2-35.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.56 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.0 g/t·m is below.

Negative factors

  • 2.56 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

“2.56”

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

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-471FDNS · goldGrade: 5.88Grade Unit: g/tIntercept: 3.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-471
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.88
Grade Unit
g/t
Intercept
3.85 m
True Width
2.95 m
From
126.05 m
To
129.9 m
Intercept Depth
126.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-471:126.05-129.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 22.6 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

“5.88”

Context: FDN-C26-471

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.95

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-471FDNS · silverGrade: 2.03Grade Unit: g/tIntercept: 3.85 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-471
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.03
Grade Unit
g/t
Intercept
3.85 m
True Width
2.95 m
From
126.05 m
To
129.9 m
Intercept Depth
126.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-471:126.05-129.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.03 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

  • 2.03 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

“2.03”

Context: FDN-C26-471

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.95

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-472FDNS · goldGrade: 3.34Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.34
Grade Unit
g/t
Intercept
3 m
True Width
2.46 m
From
38.4 m
To
41.4 m
Intercept Depth
38.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-472:38.4-41.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.34 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.0 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.34”

Context: FDN-C26-472

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 2.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-472FDNS · silverGrade: 5.07Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.07
Grade Unit
g/t
Intercept
3 m
True Width
2.46 m
From
38.4 m
To
41.4 m
Intercept Depth
38.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-472:38.4-41.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.07 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

  • 5.07 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

“5.07”

Context: FDN-C26-472

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 2.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-472FDNS · goldGrade: 3.19Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.19
Grade Unit
g/t
Intercept
3.6 m
True Width
3.12 m
From
99.8 m
To
103.4 m
Intercept Depth
99.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-472:99.8-103.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.19 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.5 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.19”

Context: FDN-C26-472

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 3.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-472FDNS · silverGrade: 3.86Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.86
Grade Unit
g/t
Intercept
3.6 m
True Width
3.12 m
From
99.8 m
To
103.4 m
Intercept Depth
99.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-472:99.8-103.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.86 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.9 g/t·m is below.

Negative factors

  • 3.86 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

“3.86”

Context: FDN-C26-472

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 3.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-472FDNS · goldGrade: 4.92Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.92
Grade Unit
g/t
Intercept
4 m
True Width
3.46 m
From
107.7 m
To
111.7 m
Intercept Depth
107.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-472:107.7-111.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.92 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 19.7 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

“4.92”

Context: FDN-C26-472

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 3.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-472FDNS · silverGrade: 2.25Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.25
Grade Unit
g/t
Intercept
4 m
True Width
3.46 m
From
107.7 m
To
111.7 m
Intercept Depth
107.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-472:107.7-111.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.25 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.0 g/t·m is below.

Negative factors

  • 2.25 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

“2.25”

Context: FDN-C26-472

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 3.46

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-472FDNS · goldGrade: 10.81Grade Unit: g/tIntercept: 5.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.81
Grade Unit
g/t
Intercept
5.15 m
True Width
4.22 m
From
114.85 m
To
120 m
Intercept Depth
114.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-472:114.85-120
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.81 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 55.7 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 10.81 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

“10.81”

Context: FDN-C26-472

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 4.22

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-472FDNS · silverGrade: 2.49Grade Unit: g/tIntercept: 5.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.49
Grade Unit
g/t
Intercept
5.15 m
True Width
4.22 m
From
114.85 m
To
120 m
Intercept Depth
114.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-472:114.85-120
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.49 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.8 g/t·m is below.

Negative factors

  • 2.49 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

“2.49”

Context: FDN-C26-472

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 4.22

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-472FDNS · goldGrade: 17.76Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-472
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.76
Grade Unit
g/t
Intercept
1.7 m
True Width
1.39 m
From
118.3 m
To
120 m
Intercept Depth
118.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-472:118.3-120
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.76 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

  • 17.76 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

“17.76”

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 1.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-472FDNS · silverGrade: 3.4Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-472
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.4
Grade Unit
g/t
Intercept
1.7 m
True Width
1.39 m
From
118.3 m
To
120 m
Intercept Depth
118.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-472:118.3-120
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.8 g/t·m is below.

Negative factors

  • 3.4 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

“3.40”

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 1.39

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · goldGrade: 12.47Grade Unit: g/tIntercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.47
Grade Unit
g/t
Intercept
6.6 m
True Width
6.2 m
From
36.1 m
To
42.7 m
Intercept Depth
36.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:36.1-42.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.47 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 82.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 12.47 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

“12.47”

Context: FDN-C26-474

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · silverGrade: 10.87Grade Unit: g/tIntercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.87
Grade Unit
g/t
Intercept
6.6 m
True Width
6.2 m
From
36.1 m
To
42.7 m
Intercept Depth
36.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:36.1-42.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.87 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 71.7 g/t·m is below.

Negative factors

  • 10.87 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

“10.87”

Context: FDN-C26-474

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · goldGrade: 33.26Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
33.26
Grade Unit
g/t
Intercept
2.35 m
True Width
2.21 m
From
40.35 m
To
42.7 m
Intercept Depth
40.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:40.35-42.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 33.26 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 78.2 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 33.26 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

“33.26”

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 2.21

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · silverGrade: 15.9Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.9
Grade Unit
g/t
Intercept
2.35 m
True Width
2.21 m
From
40.35 m
To
42.7 m
Intercept Depth
40.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:40.35-42.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 37.4 g/t·m is below.

Negative factors

  • 15.9 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

“15.90”

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 2.21

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · goldGrade: 32.82Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
32.82
Grade Unit
g/t
Intercept
6.1 m
True Width
5.73 m
From
73 m
To
79.1 m
Intercept Depth
73 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:73-79.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 32.82 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 200.2 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 32.82 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

“32.82”

Context: FDN-C26-474

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.73

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · silverGrade: 36.84Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
36.84
Grade Unit
g/t
Intercept
6.1 m
True Width
5.73 m
From
73 m
To
79.1 m
Intercept Depth
73 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:73-79.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 36.84 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 224.7 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“36.84”

Context: FDN-C26-474

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.73

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · goldGrade: 91.91Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
91.91
Grade Unit
g/t
Intercept
2.1 m
True Width
1.97 m
From
73.8 m
To
75.9 m
Intercept Depth
73.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:73.8-75.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 91.91 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 193.0 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 91.91 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

“91.91”

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 1.97

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · silverGrade: 86.19Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
86.19
Grade Unit
g/t
Intercept
2.1 m
True Width
1.97 m
From
73.8 m
To
75.9 m
Intercept Depth
73.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:73.8-75.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 86.19 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 181.0 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

“86.19”

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 1.97

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · goldGrade: 9.41Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.41
Grade Unit
g/t
Intercept
3.3 m
True Width
3.1 m
From
84.7 m
To
88 m
Intercept Depth
84.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:84.7-88
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.41 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 31.1 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 9.41 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

“9.41”

Context: FDN-C26-474

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · silverGrade: 12.76Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.76
Grade Unit
g/t
Intercept
3.3 m
True Width
3.1 m
From
84.7 m
To
88 m
Intercept Depth
84.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:84.7-88
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.76 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 42.1 g/t·m is below.

Negative factors

  • 12.76 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

“12.76”

Context: FDN-C26-474

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · goldGrade: 16.29Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.29
Grade Unit
g/t
Intercept
1.8 m
True Width
1.69 m
From
85.3 m
To
87.1 m
Intercept Depth
85.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:85.3-87.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.29 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 29.3 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.29 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

“16.29”

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 1.69

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-474FDNS · silverGrade: 13.24Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-474
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.24
Grade Unit
g/t
Intercept
1.8 m
True Width
1.69 m
From
85.3 m
To
87.1 m
Intercept Depth
85.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-474:85.3-87.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.24 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 23.8 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: 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 1.69

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · goldGrade: 3.99Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.99
Grade Unit
g/t
Intercept
3.05 m
True Width
1.96 m
From
11.25 m
To
14.3 m
Intercept Depth
11.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:11.25-14.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.99 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

“3.99”

Context: FDN-C26-475

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.96

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · silverGrade: 7.51Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.51
Grade Unit
g/t
Intercept
3.05 m
True Width
1.96 m
From
11.25 m
To
14.3 m
Intercept Depth
11.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:11.25-14.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.51 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 22.9 g/t·m is below.

Negative factors

  • 7.51 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

“7.51”

Context: FDN-C26-475

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.96

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · goldGrade: 15.6Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.6
Grade Unit
g/t
Intercept
0.65 m
True Width
0.42 m
From
11.8 m
To
12.45 m
Intercept Depth
11.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:11.8-12.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.6 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.1 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.6 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

“15.60”

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 0.42

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · silverGrade: 11.6Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.6
Grade Unit
g/t
Intercept
0.65 m
True Width
0.42 m
From
11.8 m
To
12.45 m
Intercept Depth
11.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:11.8-12.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.5 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 0.42

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · goldGrade: 6.48Grade Unit: g/tIntercept: 5.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.48
Grade Unit
g/t
Intercept
5.75 m
True Width
4.4 m
From
26.15 m
To
31.9 m
Intercept Depth
26.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:26.15-31.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.48 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 37.3 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.48”

Context: FDN-C26-475

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.4

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · silverGrade: 7.4Grade Unit: g/tIntercept: 5.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.4
Grade Unit
g/t
Intercept
5.75 m
True Width
4.4 m
From
26.15 m
To
31.9 m
Intercept Depth
26.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:26.15-31.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 42.6 g/t·m is below.

Negative factors

  • 7.4 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

“7.40”

Context: FDN-C26-475

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.4

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · goldGrade: 11.55Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.55
Grade Unit
g/t
Intercept
1.75 m
True Width
1.34 m
From
26.15 m
To
27.9 m
Intercept Depth
26.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:26.15-27.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.55 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.2 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 11.55 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

“11.55”

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 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · silverGrade: 7.83Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.83
Grade Unit
g/t
Intercept
1.75 m
True Width
1.34 m
From
26.15 m
To
27.9 m
Intercept Depth
26.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:26.15-27.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.83 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

  • 7.83 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

“7.83”

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 1.34

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · goldGrade: 7.63Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.63
Grade Unit
g/t
Intercept
3.6 m
True Width
3.12 m
From
50.8 m
To
54.4 m
Intercept Depth
50.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:50.8-54.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.63 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 27.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 7.63 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

“7.63”

Context: FDN-C26-475

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · silverGrade: 7.27Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.27
Grade Unit
g/t
Intercept
3.6 m
True Width
3.12 m
From
50.8 m
To
54.4 m
Intercept Depth
50.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:50.8-54.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.27 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 26.2 g/t·m is below.

Negative factors

  • 7.27 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

“7.27”

Context: FDN-C26-475

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · goldGrade: 16.8Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.8
Grade Unit
g/t
Intercept
1.05 m
True Width
0.91 m
From
52.5 m
To
53.55 m
Intercept Depth
52.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:52.5-53.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.8 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.6 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.8 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

“16.80”

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 0.91

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-475FDNS · silverGrade: 8.4Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-475
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.4
Grade Unit
g/t
Intercept
1.05 m
True Width
0.91 m
From
52.5 m
To
53.55 m
Intercept Depth
52.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-475:52.5-53.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.4 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

  • 8.4 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

“8.40”

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 0.91

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · goldGrade: 3.64Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.64
Grade Unit
g/t
Intercept
2.4 m
True Width
1.2 m
From
8.75 m
To
11.15 m
Intercept Depth
8.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:8.75-11.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.64 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.7 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

“3.64”

Context: FDN-C26-476

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · silverGrade: 5.7Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.7
Grade Unit
g/t
Intercept
2.4 m
True Width
1.2 m
From
8.75 m
To
11.15 m
Intercept Depth
8.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:8.75-11.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.7 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

  • 5.7 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

“5.70”

Context: FDN-C26-476

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · goldGrade: 18.7Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.7
Grade Unit
g/t
Intercept
0.4 m
True Width
0.2 m
From
10.2 m
To
10.6 m
Intercept Depth
10.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:10.2-10.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.7 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.5 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 18.7 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

“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 0.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · silverGrade: 9.3Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.3
Grade Unit
g/t
Intercept
0.4 m
True Width
0.2 m
From
10.2 m
To
10.6 m
Intercept Depth
10.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:10.2-10.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.7 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: 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 0.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · goldGrade: 8.73Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.73
Grade Unit
g/t
Intercept
2 m
True Width
1 m
From
23.2 m
To
25.2 m
Intercept Depth
23.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:23.2-25.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.73 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 8.73 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

“8.73”

Context: FDN-C26-476

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · silverGrade: 13.38Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.38
Grade Unit
g/t
Intercept
2 m
True Width
1 m
From
23.2 m
To
25.2 m
Intercept Depth
23.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:23.2-25.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.38 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 26.8 g/t·m is below.

Negative factors

  • 13.38 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

“13.38”

Context: FDN-C26-476

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · goldGrade: 16.35Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.35
Grade Unit
g/t
Intercept
1 m
True Width
0.5 m
From
23.2 m
To
24.2 m
Intercept Depth
23.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:23.2-24.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.35 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

  • 16.35 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

“16.35”

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 0.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · silverGrade: 15.96Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.96
Grade Unit
g/t
Intercept
1 m
True Width
0.5 m
From
23.2 m
To
24.2 m
Intercept Depth
23.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:23.2-24.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.96 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

  • 15.96 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

“15.96”

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 0.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · goldGrade: 5.91Grade Unit: g/tIntercept: 7.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.91
Grade Unit
g/t
Intercept
7.75 m
True Width
3.88 m
From
131.1 m
To
138.85 m
Intercept Depth
131.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:131.1-138.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.91 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 45.8 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.91”

Context: FDN-C26-476

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.88

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · silverGrade: 107.33Grade Unit: g/tIntercept: 7.75 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
107.33
Grade Unit
g/t
Intercept
7.75 m
True Width
3.88 m
From
131.1 m
To
138.85 m
Intercept Depth
131.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:131.1-138.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 107.33 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 831.8 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

“107.33”

Context: FDN-C26-476

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.88

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · goldGrade: 9.32Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.32
Grade Unit
g/t
Intercept
1.55 m
True Width
0.78 m
From
132.3 m
To
133.85 m
Intercept Depth
132.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:132.3-133.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.32 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 9.32 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

“9.32”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · silverGrade: 156.4Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
156.4
Grade Unit
g/t
Intercept
1.55 m
True Width
0.78 m
From
132.3 m
To
133.85 m
Intercept Depth
132.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:132.3-133.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 156.4 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 242.4 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

“156.40”

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 0.78

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · goldGrade: 3.94Grade Unit: g/tIntercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.94
Grade Unit
g/t
Intercept
3.9 m
True Width
1.95 m
From
168.3 m
To
172.2 m
Intercept Depth
168.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:168.3-172.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.94 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.4 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.94”

Context: FDN-C26-476

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · silverGrade: 98.59Grade Unit: g/tIntercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
98.59
Grade Unit
g/t
Intercept
3.9 m
True Width
1.95 m
From
168.3 m
To
172.2 m
Intercept Depth
168.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:168.3-172.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 98.59 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 384.5 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“98.59”

Context: FDN-C26-476

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · goldGrade: 11.13Grade Unit: g/tIntercept: 4.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.13
Grade Unit
g/t
Intercept
4.15 m
True Width
2.08 m
From
182.8 m
To
186.95 m
Intercept Depth
182.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:182.8-186.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.13 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 46.2 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 11.13 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

“11.13”

Context: FDN-C26-476

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.08

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · silverGrade: 11.64Grade Unit: g/tIntercept: 4.15 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.64
Grade Unit
g/t
Intercept
4.15 m
True Width
2.08 m
From
182.8 m
To
186.95 m
Intercept Depth
182.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:182.8-186.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.64 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 48.3 g/t·m is below.

Negative factors

  • 11.64 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

“11.64”

Context: FDN-C26-476

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.08

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · goldGrade: 76.4Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
76.4
Grade Unit
g/t
Intercept
0.55 m
True Width
0.28 m
From
186.4 m
To
186.95 m
Intercept Depth
186.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:186.4-186.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 76.4 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 42.0 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 76.4 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

“76.40”

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 0.28

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · silverGrade: 41.1Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
41.1
Grade Unit
g/t
Intercept
0.55 m
True Width
0.28 m
From
186.4 m
To
186.95 m
Intercept Depth
186.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:186.4-186.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 41.1 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 22.6 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

“41.10”

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 0.28

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · goldGrade: 3.26Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.26
Grade Unit
g/t
Intercept
4.3 m
True Width
2.15 m
From
209.55 m
To
213.85 m
Intercept Depth
209.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:209.55-213.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.26 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.0 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.26”

Context: FDN-C26-476

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.15

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-476FDNS · silverGrade: 286.6Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-476
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
286.6
Grade Unit
g/t
Intercept
4.3 m
True Width
2.15 m
From
209.55 m
To
213.85 m
Intercept Depth
209.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-476:209.55-213.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 286.6 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1232.4 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 286.6 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“286.60”

Context: FDN-C26-476

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.15

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · goldGrade: 7.26Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.26
Grade Unit
g/t
Intercept
1.2 m
True Width
0.85 m
From
12.25 m
To
13.45 m
Intercept Depth
12.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:12.25-13.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 8.7 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-C26-481

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.85

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · silverGrade: 17.03Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.03
Grade Unit
g/t
Intercept
1.2 m
True Width
0.85 m
From
12.25 m
To
13.45 m
Intercept Depth
12.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:12.25-13.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.03 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 20.4 g/t·m is below.

Negative factors

  • 17.03 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

“17.03”

Context: FDN-C26-481

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.85

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · goldGrade: 18.65Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.65
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
12.65 m
To
13.05 m
Intercept Depth
12.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:12.65-13.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 18.65 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.5 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 18.65 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

“18.65”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · silverGrade: 31.6Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
31.6
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
12.65 m
To
13.05 m
Intercept Depth
12.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:12.65-13.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 31.6 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 12.6 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

“31.60”

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 0.28

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · goldGrade: 7.4Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.4
Grade Unit
g/t
Intercept
3.05 m
True Width
2.16 m
From
89.75 m
To
92.8 m
Intercept Depth
89.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:89.75-92.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.4 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 22.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 7.4 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

“7.40”

Context: FDN-C26-481

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.16

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · silverGrade: 6.12Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.12
Grade Unit
g/t
Intercept
3.05 m
True Width
2.16 m
From
89.75 m
To
92.8 m
Intercept Depth
89.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:89.75-92.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.12 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 18.7 g/t·m is below.

Negative factors

  • 6.12 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

“6.12”

Context: FDN-C26-481

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.16

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · goldGrade: 13.6Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.6
Grade Unit
g/t
Intercept
1.6 m
True Width
1.13 m
From
90.2 m
To
91.8 m
Intercept Depth
90.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:90.2-91.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.6 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 21.8 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 13.6 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

“13.60”

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 1.13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · silverGrade: 8.72Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.72
Grade Unit
g/t
Intercept
1.6 m
True Width
1.13 m
From
90.2 m
To
91.8 m
Intercept Depth
90.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:90.2-91.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.72 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

  • 8.72 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

“8.72”

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 1.13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · goldGrade: 196.79Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
196.79
Grade Unit
g/t
Intercept
4.5 m
True Width
2.89 m
From
161.35 m
To
165.85 m
Intercept Depth
161.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:161.35-165.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 196.79 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 885.6 g/t·m is exceptional.

Positive factors

  • 196.79 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

“196.79”

Context: FDN-C26-481

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.89

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · silverGrade: 394.5Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
394.5
Grade Unit
g/t
Intercept
4.5 m
True Width
2.89 m
From
161.35 m
To
165.85 m
Intercept Depth
161.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:161.35-165.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 394.5 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1775.3 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 394.5 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“394.50”

Context: FDN-C26-481

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.89

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · goldGrade: 929Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
929
Grade Unit
g/t
Intercept
0.9 m
True Width
0.58 m
From
164.95 m
To
165.85 m
Intercept Depth
164.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:164.95-165.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 929 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 836.1 g/t·m is exceptional.

Positive factors

  • 929 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

“929.00”

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 0.58

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDN-C26-481FDNS · silverGrade: 727Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
FDN-C26-481
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
727
Grade Unit
g/t
Intercept
0.9 m
True Width
0.58 m
From
164.95 m
To
165.85 m
Intercept Depth
164.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDN-C26-481:164.95-165.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 727 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 654.3 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 727 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“727.00”

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 0.58

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-477FDNS · goldGrade: 5.52Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-477
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.52
Grade Unit
g/t
Intercept
1.6 m
True Width
1.13 m
From
73.6 m
To
75.2 m
Intercept Depth
73.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-477:73.6-75.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.52 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.8 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

“5.52”

Context: UGE-S-26-477

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-477FDNS · silverGrade: 16.55Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-477
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.55
Grade Unit
g/t
Intercept
1.6 m
True Width
1.13 m
From
73.6 m
To
75.2 m
Intercept Depth
73.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-477:73.6-75.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.55 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

  • 16.55 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

“16.55”

Context: UGE-S-26-477

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-477FDNS · goldGrade: 15.72Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-477
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.72
Grade Unit
g/t
Intercept
2.35 m
True Width
1.66 m
From
106.7 m
To
109.05 m
Intercept Depth
106.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-477:106.7-109.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.72 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 36.9 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.72 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

“15.72”

Context: UGE-S-26-477

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-477FDNS · silverGrade: 35.23Grade Unit: g/tIntercept: 2.35 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-477
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
35.23
Grade Unit
g/t
Intercept
2.35 m
True Width
1.66 m
From
106.7 m
To
109.05 m
Intercept Depth
106.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-477:106.7-109.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 35.23 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 82.8 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

“35.23”

Context: UGE-S-26-477

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 12.42Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.42
Grade Unit
g/t
Intercept
2.75 m
True Width
1.94 m
From
39.6 m
To
42.35 m
Intercept Depth
39.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:39.6-42.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.42 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 34.2 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 12.42 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

“12.42”

Context: UGE-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 43.78Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
43.78
Grade Unit
g/t
Intercept
2.75 m
True Width
1.94 m
From
39.6 m
To
42.35 m
Intercept Depth
39.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:39.6-42.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 43.78 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 120.4 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

“43.78”

Context: UGE-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 17.07Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.07
Grade Unit
g/t
Intercept
0.85 m
True Width
0.6 m
From
41.5 m
To
42.35 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:41.5-42.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.07 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.5 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 17.07 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

“17.07”

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 0.6

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 74.74Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
74.74
Grade Unit
g/t
Intercept
0.85 m
True Width
0.6 m
From
41.5 m
To
42.35 m
Intercept Depth
41.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:41.5-42.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 74.74 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 63.5 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

“74.74”

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 0.6

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 10.01Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.01
Grade Unit
g/t
Intercept
2 m
True Width
1.41 m
From
59.55 m
To
61.55 m
Intercept Depth
59.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:59.55-61.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.01 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.01 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

“10.01”

Context: UGE-S-26-478

Tags 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 13.98Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.98
Grade Unit
g/t
Intercept
2 m
True Width
1.41 m
From
59.55 m
To
61.55 m
Intercept Depth
59.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:59.55-61.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.98 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 28.0 g/t·m is below.

Negative factors

  • 13.98 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

“13.98”

Context: UGE-S-26-478

Tags 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 17.15Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.15
Grade Unit
g/t
Intercept
0.6 m
True Width
0.42 m
From
60.35 m
To
60.95 m
Intercept Depth
60.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:60.35-60.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.15 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.3 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 17.15 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

“17.15”

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 0.42

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 21.8Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.8
Grade Unit
g/t
Intercept
0.6 m
True Width
0.42 m
From
60.35 m
To
60.95 m
Intercept Depth
60.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:60.35-60.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.1 g/t·m is below.

Negative factors

  • 21.8 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“21.80”

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 0.42

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 4.25Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.25
Grade Unit
g/t
Intercept
3.05 m
True Width
2.34 m
From
71.35 m
To
74.4 m
Intercept Depth
71.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:71.35-74.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.34

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 14.36Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.36
Grade Unit
g/t
Intercept
3.05 m
True Width
2.34 m
From
71.35 m
To
74.4 m
Intercept Depth
71.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:71.35-74.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.36 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 43.8 g/t·m is below.

Negative factors

  • 14.36 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

“14.36”

Context: UGE-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.34

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 11.9Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.9
Grade Unit
g/t
Intercept
0.8 m
True Width
0.61 m
From
71.35 m
To
72.15 m
Intercept Depth
71.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:71.35-72.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.9 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

  • 11.9 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

“11.90”

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 0.61

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 20.05Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.05
Grade Unit
g/t
Intercept
0.8 m
True Width
0.61 m
From
71.35 m
To
72.15 m
Intercept Depth
71.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:71.35-72.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 20.05 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

  • 20.05 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

“20.05”

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 0.61

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 9.05Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.05
Grade Unit
g/t
Intercept
4.4 m
True Width
3.11 m
From
102.2 m
To
106.6 m
Intercept Depth
102.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:102.2-106.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.05 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 39.8 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 9.05 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

“9.05”

Context: UGE-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.11

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 13.3Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.3
Grade Unit
g/t
Intercept
4.4 m
True Width
3.11 m
From
102.2 m
To
106.6 m
Intercept Depth
102.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:102.2-106.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 58.5 g/t·m is below.

Negative factors

  • 13.3 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

“13.30”

Context: UGE-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.11

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 15.26Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.26
Grade Unit
g/t
Intercept
2.4 m
True Width
1.7 m
From
102.65 m
To
105.05 m
Intercept Depth
102.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:102.65-105.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.26 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 36.6 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.26 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

“15.26”

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 1.7

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 19.77Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.77
Grade Unit
g/t
Intercept
2.4 m
True Width
1.7 m
From
102.65 m
To
105.05 m
Intercept Depth
102.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:102.65-105.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 19.77 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 47.4 g/t·m is below.

Negative factors

  • 19.77 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

“19.77”

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 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 8.42Grade Unit: g/tIntercept: 5.15 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.42
Grade Unit
g/t
Intercept
5.15 m
True Width
3.64 m
From
112.25 m
To
117.4 m
Intercept Depth
112.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:112.25-117.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.42 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 43.4 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 8.42 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

“8.42”

Context: UGE-S-26-478

Tags 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 15.53Grade Unit: g/tIntercept: 5.15 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.53
Grade Unit
g/t
Intercept
5.15 m
True Width
3.64 m
From
112.25 m
To
117.4 m
Intercept Depth
112.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:112.25-117.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.53 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 80.0 g/t·m is below.

Negative factors

  • 15.53 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

“15.53”

Context: UGE-S-26-478

Tags 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 14.99Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14.99
Grade Unit
g/t
Intercept
2.2 m
True Width
1.56 m
From
115.2 m
To
117.4 m
Intercept Depth
115.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:115.2-117.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14.99 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

  • 14.99 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

“14.99”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 31.63Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
31.63
Grade Unit
g/t
Intercept
2.2 m
True Width
1.56 m
From
115.2 m
To
117.4 m
Intercept Depth
115.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:115.2-117.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 31.63 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 69.6 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

“31.63”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 7.22Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.22
Grade Unit
g/t
Intercept
2.7 m
True Width
2.07 m
From
134 m
To
136.7 m
Intercept Depth
134 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:134-136.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.22 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

  • 7.22 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

“7.22”

Context: UGE-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.07

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 20.97Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.97
Grade Unit
g/t
Intercept
2.7 m
True Width
2.07 m
From
134 m
To
136.7 m
Intercept Depth
134 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:134-136.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 20.97 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 56.6 g/t·m is below.

Negative factors

  • 20.97 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

“20.97”

Context: UGE-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.07

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 6.68Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.68
Grade Unit
g/t
Intercept
3.25 m
True Width
2.3 m
From
170.05 m
To
173.3 m
Intercept Depth
170.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:170.05-173.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.68 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 21.7 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

“6.68”

Context: UGE-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.3

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 7.77Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.77
Grade Unit
g/t
Intercept
3.25 m
True Width
2.3 m
From
170.05 m
To
173.3 m
Intercept Depth
170.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:170.05-173.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.77 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 25.3 g/t·m is below.

Negative factors

  • 7.77 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

“7.77”

Context: UGE-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.3

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 13.77Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.77
Grade Unit
g/t
Intercept
1.4 m
True Width
0.99 m
From
170.05 m
To
171.45 m
Intercept Depth
170.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:170.05-171.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 19.3 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: 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 0.99

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 11.03Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.03
Grade Unit
g/t
Intercept
1.4 m
True Width
0.99 m
From
170.05 m
To
171.45 m
Intercept Depth
170.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:170.05-171.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.03 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 15.4 g/t·m is below.

Negative factors

  • 11.03 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

“11.03”

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 0.99

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 108.61Grade Unit: g/tIntercept: 11.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
108.61
Grade Unit
g/t
Intercept
11.75 m
True Width
8.31 m
From
177.8 m
To
189.55 m
Intercept Depth
177.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:177.8-189.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 108.61 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1276.2 g/t·m is exceptional.

Positive factors

  • 108.61 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

“108.61”

Context: UGE-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.31

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 30.79Grade Unit: g/tIntercept: 11.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
30.79
Grade Unit
g/t
Intercept
11.75 m
True Width
8.31 m
From
177.8 m
To
189.55 m
Intercept Depth
177.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:177.8-189.55
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 30.79 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 361.8 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“30.79”

Context: UGE-S-26-478

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.31

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · goldGrade: 2030Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2030
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
184.85 m
To
185.25 m
Intercept Depth
184.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:184.85-185.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2030 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 812.0 g/t·m is exceptional.

Positive factors

  • 2030 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

“2030.00”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-478FDNS · silverGrade: 510Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-478
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
510
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
184.85 m
To
185.25 m
Intercept Depth
184.85 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-478:184.85-185.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 510 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 204.0 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 510 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“510.00”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · goldGrade: 12.62Grade Unit: g/tIntercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.62
Grade Unit
g/t
Intercept
7.4 m
True Width
7.29 m
From
0 m
To
7.4 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:0-7.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.62 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 93.4 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 12.62 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

“12.62”

Context: UGE-S-26-489

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · silverGrade: 7.58Grade Unit: g/tIntercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.58
Grade Unit
g/t
Intercept
7.4 m
True Width
7.29 m
From
0 m
To
7.4 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:0-7.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.58 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 56.1 g/t·m is below.

Negative factors

  • 7.58 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

“7.58”

Context: UGE-S-26-489

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · goldGrade: 23.93Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.93
Grade Unit
g/t
Intercept
2.95 m
True Width
2.91 m
From
0 m
To
2.95 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:0-2.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 23.93 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 70.6 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 23.93 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

“23.93”

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 2.91

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · silverGrade: 13.47Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.47
Grade Unit
g/t
Intercept
2.95 m
True Width
2.91 m
From
0 m
To
2.95 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:0-2.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.47 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

  • 13.47 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

“13.47”

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 2.91

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · goldGrade: 5.03Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.03
Grade Unit
g/t
Intercept
1.8 m
True Width
1.38 m
From
25.8 m
To
27.6 m
Intercept Depth
25.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:25.8-27.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.03 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.1 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.03”

Context: UGE-S-26-489

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · silverGrade: 2.61Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.61
Grade Unit
g/t
Intercept
1.8 m
True Width
1.38 m
From
25.8 m
To
27.6 m
Intercept Depth
25.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:25.8-27.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.61 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.7 g/t·m is below.

Negative factors

  • 2.61 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

“2.61”

Context: UGE-S-26-489

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · goldGrade: 10.65Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.65
Grade Unit
g/t
Intercept
0.65 m
True Width
0.5 m
From
25.8 m
To
26.45 m
Intercept Depth
25.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:25.8-26.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.65 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 6.9 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 10.65 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

“10.65”

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 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · silverGrade: 4Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4
Grade Unit
g/t
Intercept
0.65 m
True Width
0.5 m
From
25.8 m
To
26.45 m
Intercept Depth
25.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:25.8-26.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.6 g/t·m is below.

Negative factors

  • 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

“4.00”

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 0.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · goldGrade: 12.61Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.61
Grade Unit
g/t
Intercept
2.5 m
True Width
2.41 m
From
32.9 m
To
35.4 m
Intercept Depth
32.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:32.9-35.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.61 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 31.5 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 12.61 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

“12.61”

Context: UGE-S-26-489

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.41

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · silverGrade: 3.47Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.47
Grade Unit
g/t
Intercept
2.5 m
True Width
2.41 m
From
32.9 m
To
35.4 m
Intercept Depth
32.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:32.9-35.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.47 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 8.7 g/t·m is below.

Negative factors

  • 3.47 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

“3.47”

Context: UGE-S-26-489

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.41

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · goldGrade: 25.5Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
25.5
Grade Unit
g/t
Intercept
1.2 m
True Width
1.16 m
From
32.9 m
To
34.1 m
Intercept Depth
32.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:32.9-34.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 25.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.6 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 25.5 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

“25.50”

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 1.16

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · silverGrade: 6.2Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.2
Grade Unit
g/t
Intercept
1.2 m
True Width
1.16 m
From
32.9 m
To
34.1 m
Intercept Depth
32.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:32.9-34.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.4 g/t·m is below.

Negative factors

  • 6.2 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

“6.20”

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 1.16

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · goldGrade: 16.73Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.73
Grade Unit
g/t
Intercept
1 m
True Width
0.87 m
From
42 m
To
43 m
Intercept Depth
42 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:42-43
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.73 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.7 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 16.73 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

“16.73”

Context: UGE-S-26-489

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-489FDNS · silverGrade: 10.06Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-489
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.06
Grade Unit
g/t
Intercept
1 m
True Width
0.87 m
From
42 m
To
43 m
Intercept Depth
42 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-489:42-43
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.06 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.1 g/t·m is below.

Negative factors

  • 10.06 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

“10.06”

Context: UGE-S-26-489

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-490FDNS · goldGrade: 8.81Grade Unit: g/tIntercept: 5.85 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-490
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.81
Grade Unit
g/t
Intercept
5.85 m
True Width
5.5 m
From
0 m
To
5.85 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-490:0-5.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.81 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 51.5 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 8.81 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

“8.81”

Context: UGE-S-26-490

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-490FDNS · silverGrade: 5.39Grade Unit: g/tIntercept: 5.85 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-490
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.39
Grade Unit
g/t
Intercept
5.85 m
True Width
5.5 m
From
0 m
To
5.85 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-490:0-5.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.39 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 31.5 g/t·m is below.

Negative factors

  • 5.39 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

“5.39”

Context: UGE-S-26-490

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.5

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-490FDNS · goldGrade: 19.78Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-490
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.78
Grade Unit
g/t
Intercept
1.45 m
True Width
1.36 m
From
2.45 m
To
3.9 m
Intercept Depth
2.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-490:2.45-3.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 19.78 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

  • 19.78 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

“19.78”

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 1.36

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-490FDNS · silverGrade: 7.08Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-490
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.08
Grade Unit
g/t
Intercept
1.45 m
True Width
1.36 m
From
2.45 m
To
3.9 m
Intercept Depth
2.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-490:2.45-3.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.08 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

  • 7.08 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

“7.08”

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 1.36

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-491FDNS · goldGrade: 6.08Grade Unit: g/tIntercept: 5.05 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-491
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.08
Grade Unit
g/t
Intercept
5.05 m
True Width
4.97 m
From
177.55 m
To
182.6 m
Intercept Depth
177.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-491:177.55-182.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.08 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.7 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.08”

Context: UGE-S-26-491

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.97

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-491FDNS · silverGrade: 11.89Grade Unit: g/tIntercept: 5.05 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-491
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.89
Grade Unit
g/t
Intercept
5.05 m
True Width
4.97 m
From
177.55 m
To
182.6 m
Intercept Depth
177.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-491:177.55-182.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.89 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 60.0 g/t·m is below.

Negative factors

  • 11.89 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

“11.89”

Context: UGE-S-26-491

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.97

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-491FDNS · goldGrade: 11.61Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-491
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.61
Grade Unit
g/t
Intercept
1.75 m
True Width
1.72 m
From
179.1 m
To
180.85 m
Intercept Depth
179.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-491:179.1-180.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.61 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.3 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 11.61 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

“11.61”

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 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-491FDNS · silverGrade: 16.29Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-491
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
16.29
Grade Unit
g/t
Intercept
1.75 m
True Width
1.72 m
From
179.1 m
To
180.85 m
Intercept Depth
179.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-491:179.1-180.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 16.29 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 28.5 g/t·m is below.

Negative factors

  • 16.29 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

“16.29”

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 1.72

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-491FDNS · goldGrade: 4.58Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-491
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.58
Grade Unit
g/t
Intercept
3.25 m
True Width
3.2 m
From
194.1 m
To
197.35 m
Intercept Depth
194.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-491:194.1-197.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.58 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 14.9 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

“4.58”

Context: UGE-S-26-491

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-491FDNS · silverGrade: 9.56Grade Unit: g/tIntercept: 3.25 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-491
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.56
Grade Unit
g/t
Intercept
3.25 m
True Width
3.2 m
From
194.1 m
To
197.35 m
Intercept Depth
194.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-491:194.1-197.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.56 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 31.1 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: UGE-S-26-491

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-491FDNS · goldGrade: 11.95Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-491
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.95
Grade Unit
g/t
Intercept
0.65 m
True Width
0.64 m
From
196.7 m
To
197.35 m
Intercept Depth
196.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-491:196.7-197.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.95 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.8 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 11.95 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

“11.95”

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 0.64

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-491FDNS · silverGrade: 14Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-491
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
14
Grade Unit
g/t
Intercept
0.65 m
True Width
0.64 m
From
196.7 m
To
197.35 m
Intercept Depth
196.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-491:196.7-197.35
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 14 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.1 g/t·m is below.

Negative factors

  • 14 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

“14.00”

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 0.64

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-491FDNS · goldGrade: 4.17Grade Unit: g/tIntercept: 2.15 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-491
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.17
Grade Unit
g/t
Intercept
2.15 m
True Width
2.12 m
From
199.7 m
To
201.85 m
Intercept Depth
199.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-491:199.7-201.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 9.0 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

“4.17”

Context: UGE-S-26-491

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-491FDNS · silverGrade: 15.86Grade Unit: g/tIntercept: 2.15 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-491
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.86
Grade Unit
g/t
Intercept
2.15 m
True Width
2.12 m
From
199.7 m
To
201.85 m
Intercept Depth
199.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-491:199.7-201.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.86 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

  • 15.86 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

“15.86”

Context: UGE-S-26-491

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-493FDNS · goldGrade: 5.84Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-493
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.84
Grade Unit
g/t
Intercept
2.75 m
True Width
1.38 m
From
0 m
To
2.75 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-493:0-2.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.84 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.1 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

“5.84”

Context: UGE-S-26-493

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-493FDNS · silverGrade: 7.06Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-493
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.06
Grade Unit
g/t
Intercept
2.75 m
True Width
1.38 m
From
0 m
To
2.75 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-493:0-2.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.06 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 19.4 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-S-26-493

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-493FDNS · goldGrade: 10.8Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-493
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.8
Grade Unit
g/t
Intercept
0.9 m
True Width
0.45 m
From
72.15 m
To
73.05 m
Intercept Depth
72.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-493:72.15-73.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 9.7 g/t·m is below (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-S-26-493

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.45

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-493FDNS · silverGrade: 12.79Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-493
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.79
Grade Unit
g/t
Intercept
0.9 m
True Width
0.45 m
From
72.15 m
To
73.05 m
Intercept Depth
72.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-493:72.15-73.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.79 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.5 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: UGE-S-26-493

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.45

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-494FDNS · goldGrade: 5.41Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-494
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.41
Grade Unit
g/t
Intercept
3.1 m
True Width
1.31 m
From
0 m
To
3.1 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-494:0-3.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.41 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.8 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

“5.41”

Context: UGE-S-26-494

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-494FDNS · silverGrade: 5.92Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-494
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.92
Grade Unit
g/t
Intercept
3.1 m
True Width
1.31 m
From
0 m
To
3.1 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-494:0-3.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.92 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 18.4 g/t·m is below.

Negative factors

  • 5.92 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

“5.92”

Context: UGE-S-26-494

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-494FDNS · goldGrade: 4.55Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-494
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.55
Grade Unit
g/t
Intercept
1.75 m
True Width
0.74 m
From
29.65 m
To
31.4 m
Intercept Depth
29.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-494:29.65-31.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.55 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.0 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

“4.55”

Context: UGE-S-26-494

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.74

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-494FDNS · silverGrade: 3.41Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-494
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.41
Grade Unit
g/t
Intercept
1.75 m
True Width
0.74 m
From
29.65 m
To
31.4 m
Intercept Depth
29.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-494:29.65-31.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.41 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.0 g/t·m is below.

Negative factors

  • 3.41 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

“3.41”

Context: UGE-S-26-494

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.74

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-494FDNS · goldGrade: 5.94Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-494
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.94
Grade Unit
g/t
Intercept
2.95 m
True Width
1.25 m
From
63.2 m
To
66.15 m
Intercept Depth
63.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-494:63.2-66.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.94 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.5 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

“5.94”

Context: UGE-S-26-494

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.25

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-494FDNS · silverGrade: 8.19Grade Unit: g/tIntercept: 2.95 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-494
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.19
Grade Unit
g/t
Intercept
2.95 m
True Width
1.25 m
From
63.2 m
To
66.15 m
Intercept Depth
63.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-494:63.2-66.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.19 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 24.2 g/t·m is below.

Negative factors

  • 8.19 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

“8.19”

Context: UGE-S-26-494

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.25

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-494FDNS · goldGrade: 20.9Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-494
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.9
Grade Unit
g/t
Intercept
0.65 m
True Width
0.27 m
From
63.2 m
To
63.85 m
Intercept Depth
63.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-494:63.2-63.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 20.9 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.6 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 20.9 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

“20.90”

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 0.27

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-494FDNS · silverGrade: 17.9Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-494
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.9
Grade Unit
g/t
Intercept
0.65 m
True Width
0.27 m
From
63.2 m
To
63.85 m
Intercept Depth
63.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-494:63.2-63.85
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.6 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

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.27

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-496FDNS · goldGrade: 3.42Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-496
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.42
Grade Unit
g/t
Intercept
3.35 m
True Width
1.68 m
From
8.6 m
To
11.95 m
Intercept Depth
8.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-496:8.6-11.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.42 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.5 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.42”

Context: UGE-S-26-496

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.68

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-496FDNS · silverGrade: 3.84Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-496
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.84
Grade Unit
g/t
Intercept
3.35 m
True Width
1.68 m
From
8.6 m
To
11.95 m
Intercept Depth
8.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-496:8.6-11.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.84 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.9 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-S-26-496

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.68

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-496FDNS · goldGrade: 6.01Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-496
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.01
Grade Unit
g/t
Intercept
0.85 m
True Width
0.43 m
From
8.6 m
To
9.45 m
Intercept Depth
8.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-496:8.6-9.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.01 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 5.1 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.01”

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 0.43

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-496FDNS · silverGrade: 5Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-496
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5
Grade Unit
g/t
Intercept
0.85 m
True Width
0.43 m
From
8.6 m
To
9.45 m
Intercept Depth
8.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-496:8.6-9.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.3 g/t·m is below.

Negative factors

  • 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

“5.00”

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 0.43

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-496FDNS · goldGrade: 6.87Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-496
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.87
Grade Unit
g/t
Intercept
1.65 m
True Width
0.83 m
From
38.3 m
To
39.95 m
Intercept Depth
38.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-496:38.3-39.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.87 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.3 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

“6.87”

Context: UGE-S-26-496

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-496FDNS · silverGrade: 34.91Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-496
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
34.91
Grade Unit
g/t
Intercept
1.65 m
True Width
0.83 m
From
38.3 m
To
39.95 m
Intercept Depth
38.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-496:38.3-39.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 34.91 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 57.6 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

“34.91”

Context: UGE-S-26-496

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-496FDNS · goldGrade: 21Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-496
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21
Grade Unit
g/t
Intercept
0.4 m
True Width
0.2 m
From
38.3 m
To
38.7 m
Intercept Depth
38.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-496:38.3-38.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21 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

  • 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

“21.00”

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 0.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-496FDNS · silverGrade: 19.4Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-496
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.4
Grade Unit
g/t
Intercept
0.4 m
True Width
0.2 m
From
38.3 m
To
38.7 m
Intercept Depth
38.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-496:38.3-38.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 19.4 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

  • 19.4 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

“19.40”

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 0.2

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · goldGrade: 17.14Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.14
Grade Unit
g/t
Intercept
4.4 m
True Width
3.11 m
From
14.05 m
To
18.45 m
Intercept Depth
14.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:14.05-18.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.14 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 75.4 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 17.14 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

“17.14”

Context: UGE-S-26-497

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.11

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · silverGrade: 90.43Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
90.43
Grade Unit
g/t
Intercept
4.4 m
True Width
3.11 m
From
14.05 m
To
18.45 m
Intercept Depth
14.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:14.05-18.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 90.43 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 397.9 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“90.43”

Context: UGE-S-26-497

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.11

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · goldGrade: 38.54Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
38.54
Grade Unit
g/t
Intercept
1.75 m
True Width
1.24 m
From
16.25 m
To
18 m
Intercept Depth
16.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:16.25-18
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 38.54 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 67.4 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 38.54 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

“38.54”

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 1.24

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · silverGrade: 209.14Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
209.14
Grade Unit
g/t
Intercept
1.75 m
True Width
1.24 m
From
16.25 m
To
18 m
Intercept Depth
16.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:16.25-18
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 209.14 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 366.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 209.14 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“209.14”

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 1.24

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · goldGrade: 67.19Grade Unit: g/tIntercept: 5.8 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
67.19
Grade Unit
g/t
Intercept
5.8 m
True Width
4.1 m
From
37.5 m
To
43.3 m
Intercept Depth
37.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:37.5-43.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 67.19 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 389.7 g/t·m is exceptional.

Positive factors

  • 67.19 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

“67.19”

Context: UGE-S-26-497

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.1

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · silverGrade: 46.93Grade Unit: g/tIntercept: 5.8 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
46.93
Grade Unit
g/t
Intercept
5.8 m
True Width
4.1 m
From
37.5 m
To
43.3 m
Intercept Depth
37.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:37.5-43.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 46.93 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 272.2 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“46.93”

Context: UGE-S-26-497

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.1

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · goldGrade: 552Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
552
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
40.05 m
To
40.45 m
Intercept Depth
40.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:40.05-40.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 552 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 220.8 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 552 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

“552.00”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · silverGrade: 170Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
170
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
40.05 m
To
40.45 m
Intercept Depth
40.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:40.05-40.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 170 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 68.0 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

“170.00”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · goldGrade: 148.5Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
148.5
Grade Unit
g/t
Intercept
1.05 m
True Width
0.74 m
From
42.25 m
To
43.3 m
Intercept Depth
42.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:42.25-43.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 148.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 155.9 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 148.5 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

“148.50”

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 0.74

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · silverGrade: 156Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
156
Grade Unit
g/t
Intercept
1.05 m
True Width
0.74 m
From
42.25 m
To
43.3 m
Intercept Depth
42.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:42.25-43.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 156 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 163.8 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

“156.00”

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 0.74

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · goldGrade: 9.56Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.56
Grade Unit
g/t
Intercept
3.2 m
True Width
2.26 m
From
53.2 m
To
56.4 m
Intercept Depth
53.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:53.2-56.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.56 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.6 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 9.56 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

“9.56”

Context: UGE-S-26-497

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.26

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · silverGrade: 42.1Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
42.1
Grade Unit
g/t
Intercept
3.2 m
True Width
2.26 m
From
53.2 m
To
56.4 m
Intercept Depth
53.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:53.2-56.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 42.1 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 134.7 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

“42.10”

Context: UGE-S-26-497

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.26

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · goldGrade: 47.73Grade Unit: g/tIntercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
47.73
Grade Unit
g/t
Intercept
4.1 m
True Width
2.9 m
From
62.5 m
To
66.6 m
Intercept Depth
62.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:62.5-66.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 47.73 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 195.7 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 47.73 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

“47.73”

Context: UGE-S-26-497

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · silverGrade: 26.39Grade Unit: g/tIntercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
26.39
Grade Unit
g/t
Intercept
4.1 m
True Width
2.9 m
From
62.5 m
To
66.6 m
Intercept Depth
62.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:62.5-66.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 26.39 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 108.2 g/t·m is below.

Negative factors

  • 26.39 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

“26.39”

Context: UGE-S-26-497

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · goldGrade: 474Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
474
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
63.65 m
To
64.05 m
Intercept Depth
63.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:63.65-64.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 474 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 189.6 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 474 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

“474.00”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-497FDNS · silverGrade: 182Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-497
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
182
Grade Unit
g/t
Intercept
0.4 m
True Width
0.28 m
From
63.65 m
To
64.05 m
Intercept Depth
63.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-497:63.65-64.05
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 182 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

“182.00”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 7.02Grade Unit: g/tIntercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.02
Grade Unit
g/t
Intercept
6.2 m
True Width
3.56 m
From
14.5 m
To
20.7 m
Intercept Depth
14.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:14.5-20.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.02 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 43.5 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 7.02 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

“7.02”

Context: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.56

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 7.53Grade Unit: g/tIntercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.53
Grade Unit
g/t
Intercept
6.2 m
True Width
3.56 m
From
14.5 m
To
20.7 m
Intercept Depth
14.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:14.5-20.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.53 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 46.7 g/t·m is below.

Negative factors

  • 7.53 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

“7.53”

Context: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.56

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 13.25Grade Unit: g/tIntercept: 2.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.25
Grade Unit
g/t
Intercept
2.65 m
True Width
1.52 m
From
18.05 m
To
20.7 m
Intercept Depth
18.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:18.05-20.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 35.1 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: 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 1.52

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 8.94Grade Unit: g/tIntercept: 2.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.94
Grade Unit
g/t
Intercept
2.65 m
True Width
1.52 m
From
18.05 m
To
20.7 m
Intercept Depth
18.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:18.05-20.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.94 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 23.7 g/t·m is below.

Negative factors

  • 8.94 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

“8.94”

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 1.52

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 5.12Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.12
Grade Unit
g/t
Intercept
3.35 m
True Width
1.92 m
From
26.15 m
To
30.5 m
Intercept Depth
26.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:26.15-30.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.12 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.2 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.12”

Context: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.92

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 2.56Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.56
Grade Unit
g/t
Intercept
3.35 m
True Width
1.92 m
From
26.15 m
To
30.5 m
Intercept Depth
26.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:26.15-30.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.56 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

  • 2.56 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

“2.56”

Context: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.92

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 21.2Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21.2
Grade Unit
g/t
Intercept
0.4 m
True Width
0.23 m
From
29.7 m
To
30.1 m
Intercept Depth
29.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:29.7-30.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21.2 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.5 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 21.2 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

“21.20”

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 0.23

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 7.1Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.1
Grade Unit
g/t
Intercept
0.4 m
True Width
0.23 m
From
29.7 m
To
30.1 m
Intercept Depth
29.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:29.7-30.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.8 g/t·m is below.

Negative factors

  • 7.1 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

“7.10”

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 0.23

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 19.33Grade Unit: g/tIntercept: 5.35 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
19.33
Grade Unit
g/t
Intercept
5.35 m
True Width
3.07 m
From
56.95 m
To
62.3 m
Intercept Depth
56.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:56.95-62.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 19.33 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 103.4 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 19.33 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

“19.33”

Context: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.07

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 47.16Grade Unit: g/tIntercept: 5.35 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
47.16
Grade Unit
g/t
Intercept
5.35 m
True Width
3.07 m
From
56.95 m
To
62.3 m
Intercept Depth
56.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:56.95-62.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 47.16 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 252.3 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“47.16”

Context: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.07

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 49.44Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
49.44
Grade Unit
g/t
Intercept
2 m
True Width
1.15 m
From
60.3 m
To
62.3 m
Intercept Depth
60.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:60.3-62.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 49.44 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 98.9 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 49.44 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

“49.44”

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 1.15

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 97.28Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
97.28
Grade Unit
g/t
Intercept
2 m
True Width
1.15 m
From
60.3 m
To
62.3 m
Intercept Depth
60.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:60.3-62.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 97.28 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 194.6 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

“97.28”

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 1.15

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 8.08Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.08
Grade Unit
g/t
Intercept
3.2 m
True Width
1.6 m
From
112.3 m
To
115.5 m
Intercept Depth
112.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:112.3-115.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 25.9 g/t·m is weak (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: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.6

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 35.41Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
35.41
Grade Unit
g/t
Intercept
3.2 m
True Width
1.6 m
From
112.3 m
To
115.5 m
Intercept Depth
112.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:112.3-115.5
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 35.41 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 113.3 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

“35.41”

Context: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.6

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 17.91Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
17.91
Grade Unit
g/t
Intercept
1.3 m
True Width
0.65 m
From
113 m
To
114.3 m
Intercept Depth
113 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:113-114.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 17.91 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 23.3 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 17.91 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

“17.91”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 58.96Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
58.96
Grade Unit
g/t
Intercept
1.3 m
True Width
0.65 m
From
113 m
To
114.3 m
Intercept Depth
113 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:113-114.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 58.96 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 76.6 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

“58.96”

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 0.65

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 3.48Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.48
Grade Unit
g/t
Intercept
3.3 m
True Width
1.65 m
From
308.3 m
To
311.6 m
Intercept Depth
308.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:308.3-311.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.48 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 11.5 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.48”

Context: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.65

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 150.28Grade Unit: g/tIntercept: 3.3 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
150.28
Grade Unit
g/t
Intercept
3.3 m
True Width
1.65 m
From
308.3 m
To
311.6 m
Intercept Depth
308.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:308.3-311.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 150.28 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 495.9 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

“150.28”

Context: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.65

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 7.1Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.1
Grade Unit
g/t
Intercept
1.3 m
True Width
0.65 m
From
309 m
To
310.3 m
Intercept Depth
309 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:309-310.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.1 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.2 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 7.1 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

“7.10”

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 0.65

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 305.16Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
305.16
Grade Unit
g/t
Intercept
1.3 m
True Width
0.65 m
From
309 m
To
310.3 m
Intercept Depth
309 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:309-310.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 305.16 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 396.7 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 305.16 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“305.16”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 3.06Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.06
Grade Unit
g/t
Intercept
3.15 m
True Width
1.58 m
From
319.3 m
To
322.45 m
Intercept Depth
319.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:319.3-322.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.06 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.6 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

“3.06”

Context: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.58

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 105.15Grade Unit: g/tIntercept: 3.15 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
105.15
Grade Unit
g/t
Intercept
3.15 m
True Width
1.58 m
From
319.3 m
To
322.45 m
Intercept Depth
319.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:319.3-322.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 105.15 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 331.2 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“105.15”

Context: UGE-S-26-505

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.58

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · goldGrade: 9.14Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.14
Grade Unit
g/t
Intercept
0.6 m
True Width
0.3 m
From
320.1 m
To
320.7 m
Intercept Depth
320.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:320.1-320.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.14 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 5.5 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 9.14 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

“9.14”

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 0.3

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-505FDNS · silverGrade: 213Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-505
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
213
Grade Unit
g/t
Intercept
0.6 m
True Width
0.3 m
From
320.1 m
To
320.7 m
Intercept Depth
320.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-505:320.1-320.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 213 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 127.8 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 213 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“213.00”

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 0.3

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-506FDNS · goldGrade: 5.09Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-506
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.09
Grade Unit
g/t
Intercept
1.65 m
True Width
0.56 m
From
18.45 m
To
20.1 m
Intercept Depth
18.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-506:18.45-20.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.09 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.4 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

“5.09”

Context: UGE-S-26-506

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.56

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-506FDNS · silverGrade: 6.64Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-506
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.64
Grade Unit
g/t
Intercept
1.65 m
True Width
0.56 m
From
18.45 m
To
20.1 m
Intercept Depth
18.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-506:18.45-20.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.64 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.0 g/t·m is below.

Negative factors

  • 6.64 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

“6.64”

Context: UGE-S-26-506

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.56

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-506FDNS · goldGrade: 9.74Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-506
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.74
Grade Unit
g/t
Intercept
0.95 m
True Width
0.32 m
From
92.95 m
To
93.9 m
Intercept Depth
92.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-506:92.95-93.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.74 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 9.3 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 9.74 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

“9.74”

Context: UGE-S-26-506

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-506FDNS · silverGrade: 62.16Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-506
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
62.16
Grade Unit
g/t
Intercept
0.95 m
True Width
0.32 m
From
92.95 m
To
93.9 m
Intercept Depth
92.95 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-506:92.95-93.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 62.16 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 59.1 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

“62.16”

Context: UGE-S-26-506

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-509FDNS · goldGrade: 5.4Grade Unit: g/tIntercept: 5.1 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-509
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.4
Grade Unit
g/t
Intercept
5.1 m
True Width
2.55 m
From
0 m
To
5.1 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-509:0-5.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.4 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 27.5 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

“5.40”

Context: UGE-S-26-509

Tags 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-509FDNS · silverGrade: 4.64Grade Unit: g/tIntercept: 5.1 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-509
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.64
Grade Unit
g/t
Intercept
5.1 m
True Width
2.55 m
From
0 m
To
5.1 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-509:0-5.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.64 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 23.7 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: UGE-S-26-509

Tags 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-509FDNS · goldGrade: 11.54Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-509
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.54
Grade Unit
g/t
Intercept
1.7 m
True Width
0.85 m
From
0 m
To
1.7 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-509:0-1.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.54 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 19.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 11.54 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

“11.54”

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 0.85

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-509FDNS · silverGrade: 7.09Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-509
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.09
Grade Unit
g/t
Intercept
1.7 m
True Width
0.85 m
From
0 m
To
1.7 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-509:0-1.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.09 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.1 g/t·m is below.

Negative factors

  • 7.09 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

“7.09”

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 0.85

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-509FDNS · goldGrade: 3.65Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-509
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.65
Grade Unit
g/t
Intercept
3.75 m
True Width
1.88 m
From
34.25 m
To
38 m
Intercept Depth
34.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-509:34.25-38
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.65 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 13.7 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.65”

Context: UGE-S-26-509

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-509FDNS · silverGrade: 6.02Grade Unit: g/tIntercept: 3.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-509
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.02
Grade Unit
g/t
Intercept
3.75 m
True Width
1.88 m
From
34.25 m
To
38 m
Intercept Depth
34.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-509:34.25-38
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.02 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 22.6 g/t·m is below.

Negative factors

  • 6.02 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

“6.02”

Context: UGE-S-26-509

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-509FDNS · goldGrade: 6.99Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-509
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.99
Grade Unit
g/t
Intercept
1.75 m
True Width
0.88 m
From
34.25 m
To
36 m
Intercept Depth
34.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-509:34.25-36
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.99 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.2 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.99”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-509FDNS · silverGrade: 6.19Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-509
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.19
Grade Unit
g/t
Intercept
1.75 m
True Width
0.88 m
From
34.25 m
To
36 m
Intercept Depth
34.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-509:34.25-36
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.19 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

  • 6.19 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

“6.19”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-512FDNS · goldGrade: 11.5Grade Unit: g/tIntercept: 2.85 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-512
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.5
Grade Unit
g/t
Intercept
2.85 m
True Width
2.02 m
From
70.4 m
To
73.25 m
Intercept Depth
70.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-512:70.4-73.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.5 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 32.8 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 11.5 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

“11.50”

Context: UGE-S-26-512

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.02

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-512FDNS · silverGrade: 36.64Grade Unit: g/tIntercept: 2.85 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-512
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
36.64
Grade Unit
g/t
Intercept
2.85 m
True Width
2.02 m
From
70.4 m
To
73.25 m
Intercept Depth
70.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-512:70.4-73.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 36.64 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 104.4 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

“36.64”

Context: UGE-S-26-512

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.02

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-512FDNS · goldGrade: 22.05Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-512
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.05
Grade Unit
g/t
Intercept
1.1 m
True Width
0.78 m
From
72.15 m
To
73.25 m
Intercept Depth
72.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-512:72.15-73.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 22.05 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 24.3 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 22.05 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

“22.05”

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 0.78

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-512FDNS · silverGrade: 60.48Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-512
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
60.48
Grade Unit
g/t
Intercept
1.1 m
True Width
0.78 m
From
72.15 m
To
73.25 m
Intercept Depth
72.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-512:72.15-73.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 60.48 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 66.5 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

“60.48”

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 0.78

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-518FDNS · goldGrade: 3.61Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-518
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.61
Grade Unit
g/t
Intercept
3 m
True Width
1.72 m
From
54.9 m
To
57.9 m
Intercept Depth
54.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-518:54.9-57.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.61 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 10.8 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.61”

Context: UGE-S-26-518

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-518FDNS · silverGrade: 1.33Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-518
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
1.33
Grade Unit
g/t
Intercept
3 m
True Width
1.72 m
From
54.9 m
To
57.9 m
Intercept Depth
54.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-518:54.9-57.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 1.33 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.0 g/t·m is below.

Negative factors

  • 1.33 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

“1.33”

Context: UGE-S-26-518

Tags 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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-518FDNS · goldGrade: 15.6Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-518
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.6
Grade Unit
g/t
Intercept
0.5 m
True Width
0.29 m
From
57.4 m
To
57.9 m
Intercept Depth
57.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-518:57.4-57.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.6 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.8 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.6 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

“15.60”

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 0.29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-518FDNS · silverGrade: 1.7Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-518
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
1.7
Grade Unit
g/t
Intercept
0.5 m
True Width
0.29 m
From
57.4 m
To
57.9 m
Intercept Depth
57.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-518:57.4-57.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 1.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.8 g/t·m is below.

Negative factors

  • 1.7 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

“1.70”

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 0.29

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-518FDNS · goldGrade: 5.03Grade Unit: g/tIntercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-518
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.03
Grade Unit
g/t
Intercept
3.7 m
True Width
2.12 m
From
67.2 m
To
70.9 m
Intercept Depth
67.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-518:67.2-70.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.03 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 18.6 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

“5.03”

Context: UGE-S-26-518

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-518FDNS · silverGrade: 3.42Grade Unit: g/tIntercept: 3.7 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-518
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.42
Grade Unit
g/t
Intercept
3.7 m
True Width
2.12 m
From
67.2 m
To
70.9 m
Intercept Depth
67.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-518:67.2-70.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.42 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.7 g/t·m is below.

Negative factors

  • 3.42 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

“3.42”

Context: UGE-S-26-518

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.12

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-518FDNS · goldGrade: 4.41Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-518
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.41
Grade Unit
g/t
Intercept
1.9 m
True Width
1.09 m
From
89.9 m
To
91.8 m
Intercept Depth
89.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-518:89.9-91.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.41 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.4 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

“4.41”

Context: UGE-S-26-518

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.09

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-518FDNS · silverGrade: 5.19Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-518
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.19
Grade Unit
g/t
Intercept
1.9 m
True Width
1.09 m
From
89.9 m
To
91.8 m
Intercept Depth
89.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-518:89.9-91.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.19 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.9 g/t·m is below.

Negative factors

  • 5.19 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

“5.19”

Context: UGE-S-26-518

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.09

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-518FDNS · goldGrade: 11.85Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-518
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.85
Grade Unit
g/t
Intercept
0.65 m
True Width
0.37 m
From
90.45 m
To
91.1 m
Intercept Depth
90.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-518:90.45-91.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.85 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.7 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 11.85 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

“11.85”

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 0.37

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-S-26-518FDNS · silverGrade: 12.2Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
UGE-S-26-518
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.2
Grade Unit
g/t
Intercept
0.65 m
True Width
0.37 m
From
90.45 m
To
91.1 m
Intercept Depth
90.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-S-26-518:90.45-91.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.9 g/t·m is below.

Negative factors

  • 12.2 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

“12.20”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D1FDNS · goldGrade: 7.23Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D1
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.23
Grade Unit
g/t
Intercept
2.7 m
From
420.4 m
To
423.1 m
Intercept Depth
420.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D1:420.4-423.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.23 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

  • 7.23 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

“7.23”

Context: FDNE-2026-466-D1

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D1FDNS · silverGrade: 5.4Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D1
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.4
Grade Unit
g/t
Intercept
2.7 m
From
420.4 m
To
423.1 m
Intercept Depth
420.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D1:420.4-423.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 14.6 g/t·m is below.

Negative factors

  • 5.4 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

“5.40”

Context: FDNE-2026-466-D1

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D1FDNS · goldGrade: 12.4Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D1
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.4
Grade Unit
g/t
Intercept
1.3 m
From
420.4 m
To
421.7 m
Intercept Depth
420.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D1:420.4-421.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.4 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.1 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 12.4 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

“12.40”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D1FDNS · silverGrade: 8.96Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D1
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.96
Grade Unit
g/t
Intercept
1.3 m
From
420.4 m
To
421.7 m
Intercept Depth
420.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D1:420.4-421.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.96 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.6 g/t·m is below.

Negative factors

  • 8.96 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

“8.96”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D2FDNS · goldGrade: 4.38Grade Unit: g/tIntercept: 4.65 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D2
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.38
Grade Unit
g/t
Intercept
4.65 m
True Width
4.37 m
From
300.05 m
To
304.7 m
Intercept Depth
300.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D2:300.05-304.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.38 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.4 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

“4.38”

Context: FDNE-2026-466-D2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.37

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D2FDNS · silverGrade: 61.06Grade Unit: g/tIntercept: 4.65 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D2
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
61.06
Grade Unit
g/t
Intercept
4.65 m
True Width
4.37 m
From
300.05 m
To
304.7 m
Intercept Depth
300.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D2:300.05-304.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 61.06 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 283.9 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“61.06”

Context: FDNE-2026-466-D2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.37

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D2FDNS · goldGrade: 8.67Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D2
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.67
Grade Unit
g/t
Intercept
0.8 m
True Width
0.75 m
From
303.9 m
To
304.7 m
Intercept Depth
303.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D2:303.9-304.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.67 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 6.9 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 8.67 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

“8.67”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D2FDNS · silverGrade: 278Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D2
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
278
Grade Unit
g/t
Intercept
0.8 m
True Width
0.75 m
From
303.9 m
To
304.7 m
Intercept Depth
303.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D2:303.9-304.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 278 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 222.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 278 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“278.00”

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 0.75

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D2FDNS · goldGrade: 23.16Grade Unit: g/tIntercept: 6.25 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D2
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.16
Grade Unit
g/t
Intercept
6.25 m
True Width
5.66 m
From
429.05 m
To
435.3 m
Intercept Depth
429.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D2:429.05-435.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 23.16 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 144.8 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 23.16 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

“23.16”

Context: FDNE-2026-466-D2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.66

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D2FDNS · silverGrade: 13.89Grade Unit: g/tIntercept: 6.25 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D2
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.89
Grade Unit
g/t
Intercept
6.25 m
True Width
5.66 m
From
429.05 m
To
435.3 m
Intercept Depth
429.05 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D2:429.05-435.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.89 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 86.8 g/t·m is below.

Negative factors

  • 13.89 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

“13.89”

Context: FDNE-2026-466-D2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.66

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D2FDNS · goldGrade: 39.01Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D2
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
39.01
Grade Unit
g/t
Intercept
3 m
True Width
2.72 m
From
432.3 m
To
435.3 m
Intercept Depth
432.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D2:432.3-435.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 39.01 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 117.0 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 39.01 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

“39.01”

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 2.72

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

FDNE-2026-466-D2FDNS · silverGrade: 23.74Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
FDNE-2026-466-D2
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
23.74
Grade Unit
g/t
Intercept
3 m
True Width
2.72 m
From
432.3 m
To
435.3 m
Intercept Depth
432.3 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
FDNE-2026-466-D2:432.3-435.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 23.74 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 71.2 g/t·m is below.

Negative factors

  • 23.74 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

“23.74”

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 2.72

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-470FDNS · goldGrade: 9.11Grade Unit: g/tIntercept: 12.4 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-470
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.11
Grade Unit
g/t
Intercept
12.4 m
From
97.8 m
To
110.2 m
Intercept Depth
97.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-470:97.8-110.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.11 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 113.0 g/t·m is strong.

Positive factors

  • 9.11 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

“9.11”

Context: UGE-E-26-470

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-470FDNS · silverGrade: 10.59Grade Unit: g/tIntercept: 12.4 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-470
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.59
Grade Unit
g/t
Intercept
12.4 m
From
97.8 m
To
110.2 m
Intercept Depth
97.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-470:97.8-110.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.59 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 131.3 g/t·m is below.

Negative factors

  • 10.59 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

“10.59”

Context: UGE-E-26-470

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-470FDNS · goldGrade: 12.1Grade Unit: g/tIntercept: 8.75 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-470
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.1
Grade Unit
g/t
Intercept
8.75 m
From
98.4 m
To
107.15 m
Intercept Depth
98.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-470:98.4-107.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.1 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 105.9 g/t·m is strong.

Positive factors

  • 12.1 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

“12.10”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-470FDNS · silverGrade: 13.2Grade Unit: g/tIntercept: 8.75 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-470
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.2
Grade Unit
g/t
Intercept
8.75 m
From
98.4 m
To
107.15 m
Intercept Depth
98.4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-470:98.4-107.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 115.5 g/t·m is below.

Negative factors

  • 13.2 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

“13.20”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-470FDNS · goldGrade: 12.6Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-470
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
12.6
Grade Unit
g/t
Intercept
1 m
From
372.1 m
To
373.1 m
Intercept Depth
372.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-470:372.1-373.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 12.6 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

  • 12.6 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

“12.60”

Context: UGE-E-26-470

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-470FDNS · silverGrade: 7.2Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-470
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.2
Grade Unit
g/t
Intercept
1 m
From
372.1 m
To
373.1 m
Intercept Depth
372.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-470:372.1-373.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.2 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-26-470

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-487FDNS · goldGrade: 5Grade Unit: g/tIntercept: 4.25 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-487
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5
Grade Unit
g/t
Intercept
4.25 m
True Width
4.11 m
From
263.65 m
To
267.9 m
Intercept Depth
263.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-487:263.65-267.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 21.3 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

“5.00”

Context: UGE-E-26-487

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.11

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-487FDNS · silverGrade: 5.92Grade Unit: g/tIntercept: 4.25 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-487
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.92
Grade Unit
g/t
Intercept
4.25 m
True Width
4.11 m
From
263.65 m
To
267.9 m
Intercept Depth
263.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-487:263.65-267.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.92 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 25.2 g/t·m is below.

Negative factors

  • 5.92 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

“5.92”

Context: UGE-E-26-487

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.11

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-487FDNS · goldGrade: 29.1Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-487
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
29.1
Grade Unit
g/t
Intercept
0.6 m
True Width
0.58 m
From
263.65 m
To
264.25 m
Intercept Depth
263.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-487:263.65-264.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 29.1 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.5 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 29.1 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

“29.10”

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 0.58

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-487FDNS · silverGrade: 26.5Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-487
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
26.5
Grade Unit
g/t
Intercept
0.6 m
True Width
0.58 m
From
263.65 m
To
264.25 m
Intercept Depth
263.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-487:263.65-264.25
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 26.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 15.9 g/t·m is below.

Negative factors

  • 26.5 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

“26.50”

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 0.58

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-487FDNS · goldGrade: 236.62Grade Unit: g/tIntercept: 3.95 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-487
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
236.62
Grade Unit
g/t
Intercept
3.95 m
True Width
3.82 m
From
280.75 m
To
284.7 m
Intercept Depth
280.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-487:280.75-284.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 236.62 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 934.6 g/t·m is exceptional.

Positive factors

  • 236.62 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

“236.62”

Context: UGE-E-26-487

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.82

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-487FDNS · silverGrade: 144.57Grade Unit: g/tIntercept: 3.95 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-487
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
144.57
Grade Unit
g/t
Intercept
3.95 m
True Width
3.82 m
From
280.75 m
To
284.7 m
Intercept Depth
280.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-487:280.75-284.7
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 144.57 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 571.1 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

“144.57”

Context: UGE-E-26-487

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.82

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-487FDNS · goldGrade: 933Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-487
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
933
Grade Unit
g/t
Intercept
1 m
True Width
0.97 m
From
282 m
To
283 m
Intercept Depth
282 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-487:282-283
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 933 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 933.0 g/t·m is exceptional.

Positive factors

  • 933 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

“933.00”

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 0.97

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-487FDNS · silverGrade: 566.25Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-487
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
566.25
Grade Unit
g/t
Intercept
1 m
True Width
0.97 m
From
282 m
To
283 m
Intercept Depth
282 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-487:282-283
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 566.25 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 566.3 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 566.25 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“566.25”

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 0.97

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-511FDNS · goldGrade: 4.07Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-511
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.07
Grade Unit
g/t
Intercept
2.6 m
True Width
2.44 m
From
161.6 m
To
164.2 m
Intercept Depth
161.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-511:161.6-164.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.07 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

“4.07”

Context: UGE-E-26-511

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.44

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-511FDNS · silverGrade: 3.72Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-511
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.72
Grade Unit
g/t
Intercept
2.6 m
True Width
2.44 m
From
161.6 m
To
164.2 m
Intercept Depth
161.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-511:161.6-164.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.72 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

  • 3.72 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

“3.72”

Context: UGE-E-26-511

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.44

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-511FDNS · goldGrade: 8.67Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-511
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.67
Grade Unit
g/t
Intercept
1.2 m
True Width
1.13 m
From
161.6 m
To
162.8 m
Intercept Depth
161.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-511:161.6-162.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.67 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

  • 8.67 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

“8.67”

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 1.13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-511FDNS · silverGrade: 3.73Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-511
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.73
Grade Unit
g/t
Intercept
1.2 m
True Width
1.13 m
From
161.6 m
To
162.8 m
Intercept Depth
161.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-511:161.6-162.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.73 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

  • 3.73 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

“3.73”

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 1.13

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-515FDNS · goldGrade: 3.24Grade Unit: g/tIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-515
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.24
Grade Unit
g/t
Intercept
2.9 m
True Width
2.89 m
From
279 m
To
281.9 m
Intercept Depth
279 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-515:279-281.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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-26-515

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.89

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-515FDNS · silverGrade: 2.38Grade Unit: g/tIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-515
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.38
Grade Unit
g/t
Intercept
2.9 m
True Width
2.89 m
From
279 m
To
281.9 m
Intercept Depth
279 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-515:279-281.9
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.38 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.9 g/t·m is below.

Negative factors

  • 2.38 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

“2.38”

Context: UGE-E-26-515

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.89

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-519FDNS · goldGrade: 6.08Grade Unit: g/tIntercept: 5.5 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-519
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.08
Grade Unit
g/t
Intercept
5.5 m
True Width
5.31 m
From
29.25 m
To
34.75 m
Intercept Depth
29.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-519:29.25-34.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.08 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 33.4 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.08”

Context: UGE-E-26-519

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.31

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-519FDNS · silverGrade: 73.2Grade Unit: g/tIntercept: 5.5 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-519
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
73.2
Grade Unit
g/t
Intercept
5.5 m
True Width
5.31 m
From
29.25 m
To
34.75 m
Intercept Depth
29.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-519:29.25-34.75
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 73.2 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 402.6 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“73.20”

Context: UGE-E-26-519

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.31

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-519FDNS · goldGrade: 20.6Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-519
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.6
Grade Unit
g/t
Intercept
1.05 m
True Width
1.01 m
From
29.25 m
To
30.3 m
Intercept Depth
29.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-519:29.25-30.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 20.6 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 21.6 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 20.6 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

“20.60”

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 1.01

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-E-26-519FDNS · silverGrade: 287Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
UGE-E-26-519
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
287
Grade Unit
g/t
Intercept
1.05 m
True Width
1.01 m
From
29.25 m
To
30.3 m
Intercept Depth
29.25 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-E-26-519:29.25-30.3
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 287 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 301.4 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 287 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“287.00”

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 1.01

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-471FDNS · goldGrade: 6.3Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-471
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.3
Grade Unit
g/t
Intercept
5.2 m
From
57 m
To
62.2 m
Intercept Depth
57 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-471:57-62.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.3 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 32.8 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.30”

Context: UGE-26-471

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-471FDNS · silverGrade: 6.56Grade Unit: g/tIntercept: 5.2 mView all details
Link to this fact

Identity

Hole ID
UGE-26-471
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.56
Grade Unit
g/t
Intercept
5.2 m
From
57 m
To
62.2 m
Intercept Depth
57 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-471:57-62.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.56 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

  • 6.56 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

“6.56”

Context: UGE-26-471

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-471FDNS · goldGrade: 10.95Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
UGE-26-471
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.95
Grade Unit
g/t
Intercept
2.3 m
From
58.8 m
To
61.1 m
Intercept Depth
58.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-471:58.8-61.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.95 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 25.2 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 10.95 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

“10.95”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-471FDNS · silverGrade: 7.04Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
UGE-26-471
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.04
Grade Unit
g/t
Intercept
2.3 m
From
58.8 m
To
61.1 m
Intercept Depth
58.8 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-471:58.8-61.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.04 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 16.2 g/t·m is below.

Negative factors

  • 7.04 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

“7.04”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-471FDNS · goldGrade: 4.73Grade Unit: g/tIntercept: 5.8 mView all details
Link to this fact

Identity

Hole ID
UGE-26-471
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
4.73
Grade Unit
g/t
Intercept
5.8 m
From
126.35 m
To
132.15 m
Intercept Depth
126.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-471:126.35-132.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 4.73 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 27.4 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

“4.73”

Context: UGE-26-471

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-471FDNS · silverGrade: 3.51Grade Unit: g/tIntercept: 5.8 mView all details
Link to this fact

Identity

Hole ID
UGE-26-471
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
3.51
Grade Unit
g/t
Intercept
5.8 m
From
126.35 m
To
132.15 m
Intercept Depth
126.35 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-471:126.35-132.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 3.51 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 20.4 g/t·m is below.

Negative factors

  • 3.51 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

“3.51”

Context: UGE-26-471

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-471FDNS · goldGrade: 7.4Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-26-471
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.4
Grade Unit
g/t
Intercept
1 m
From
131.15 m
To
132.15 m
Intercept Depth
131.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-471:131.15-132.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.4 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.4 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 7.4 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

“7.40”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-471FDNS · silverGrade: 2.5Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
UGE-26-471
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
2.5
Grade Unit
g/t
Intercept
1 m
From
131.15 m
To
132.15 m
Intercept Depth
131.15 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-471:131.15-132.15
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 2.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.5 g/t·m is below.

Negative factors

  • 2.5 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

“2.50”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-474FDNS · goldGrade: 7.44Grade Unit: g/tIntercept: 5.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-474
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
7.44
Grade Unit
g/t
Intercept
5.45 m
From
40.5 m
To
45.95 m
Intercept Depth
40.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-474:40.5-45.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 7.44 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 40.5 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 7.44 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

“7.44”

Context: UGE-26-474

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-474FDNS · silverGrade: 13.76Grade Unit: g/tIntercept: 5.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-474
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
13.76
Grade Unit
g/t
Intercept
5.45 m
From
40.5 m
To
45.95 m
Intercept Depth
40.5 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-474:40.5-45.95
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 13.76 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 75.0 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-26-474

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-474FDNS · goldGrade: 11.46Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
UGE-26-474
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.46
Grade Unit
g/t
Intercept
2.7 m
From
42.75 m
To
45.45 m
Intercept Depth
42.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-474:42.75-45.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.46 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 30.9 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 11.46 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

“11.46”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-474FDNS · silverGrade: 11.71Grade Unit: g/tIntercept: 2.7 mView all details
Link to this fact

Identity

Hole ID
UGE-26-474
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.71
Grade Unit
g/t
Intercept
2.7 m
From
42.75 m
To
45.45 m
Intercept Depth
42.75 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-474:42.75-45.45
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.71 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 31.6 g/t·m is below.

Negative factors

  • 11.71 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

“11.71”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-474FDNS · goldGrade: 6.26Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
UGE-26-474
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
6.26
Grade Unit
g/t
Intercept
7.5 m
From
66.7 m
To
74.2 m
Intercept Depth
66.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-474:66.7-74.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 6.26 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 46.9 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.26”

Context: UGE-26-474

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-474FDNS · silverGrade: 21Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
UGE-26-474
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
21
Grade Unit
g/t
Intercept
7.5 m
From
66.7 m
To
74.2 m
Intercept Depth
66.7 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-474:66.7-74.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 21 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 157.5 g/t·m is below.

Negative factors

  • 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

“21.00”

Context: UGE-26-474

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-474FDNS · goldGrade: 11.14Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
UGE-26-474
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
11.14
Grade Unit
g/t
Intercept
1.55 m
From
68.65 m
To
70.2 m
Intercept Depth
68.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-474:68.65-70.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 11.14 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

  • 11.14 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

“11.14”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-474FDNS · silverGrade: 22.48Grade Unit: g/tIntercept: 1.55 mView all details
Link to this fact

Identity

Hole ID
UGE-26-474
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
22.48
Grade Unit
g/t
Intercept
1.55 m
From
68.65 m
To
70.2 m
Intercept Depth
68.65 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-474:68.65-70.2
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 22.48 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 34.8 g/t·m is below.

Negative factors

  • 22.48 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

“22.48”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-520FDNS · goldGrade: 9.32Grade Unit: g/tIntercept: 20.9 mView all details
Link to this fact

Identity

Hole ID
UGE-26-520
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
9.32
Grade Unit
g/t
Intercept
20.9 m
From
50.9 m
To
71.8 m
Intercept Depth
50.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-520:50.9-71.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 9.32 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 194.8 g/t·m is strong.

Positive factors

  • 9.32 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

“9.32”

Context: UGE-26-520

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-520FDNS · silverGrade: 10.01Grade Unit: g/tIntercept: 20.9 mView all details
Link to this fact

Identity

Hole ID
UGE-26-520
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.01
Grade Unit
g/t
Intercept
20.9 m
From
50.9 m
To
71.8 m
Intercept Depth
50.9 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-520:50.9-71.8
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.01 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 209.2 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

“10.01”

Context: UGE-26-520

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-520FDNS · goldGrade: 18.85Grade Unit: g/tIntercept: 6.5 mView all details
Link to this fact

Identity

Hole ID
UGE-26-520
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
18.85
Grade Unit
g/t
Intercept
6.5 m
From
62.1 m
To
68.6 m
Intercept Depth
62.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-520:62.1-68.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

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 122.5 g/t·m is strong (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

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-520FDNS · silverGrade: 10.48Grade Unit: g/tIntercept: 6.5 mView all details
Link to this fact

Identity

Hole ID
UGE-26-520
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
10.48
Grade Unit
g/t
Intercept
6.5 m
From
62.1 m
To
68.6 m
Intercept Depth
62.1 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-520:62.1-68.6
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 10.48 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

  • 10.48 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

“10.48”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-523FDNS · goldGrade: 15.05Grade Unit: g/tIntercept: 8.05 mView all details
Link to this fact

Identity

Hole ID
UGE-26-523
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
15.05
Grade Unit
g/t
Intercept
8.05 m
From
45.6 m
To
53.65 m
Intercept Depth
45.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-523:45.6-53.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 15.05 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 121.2 g/t·m is strong (grade alone is exceptional; the better of the two is used).

Positive factors

  • 15.05 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

“15.05”

Context: UGE-26-523

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-523FDNS · silverGrade: 20.2Grade Unit: g/tIntercept: 8.05 mView all details
Link to this fact

Identity

Hole ID
UGE-26-523
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
20.2
Grade Unit
g/t
Intercept
8.05 m
From
45.6 m
To
53.65 m
Intercept Depth
45.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-523:45.6-53.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 20.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 162.6 g/t·m is below.

Negative factors

  • 20.2 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

“20.20”

Context: UGE-26-523

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-523FDNS · goldGrade: 61.5Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-26-523
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
61.5
Grade Unit
g/t
Intercept
0.8 m
From
45.6 m
To
46.4 m
Intercept Depth
45.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-523:45.6-46.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 61.5 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 49.2 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 61.5 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

“61.50”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-523FDNS · silverGrade: 56.2Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
UGE-26-523
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
56.2
Grade Unit
g/t
Intercept
0.8 m
From
45.6 m
To
46.4 m
Intercept Depth
45.6 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-523:45.6-46.4
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 56.2 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 45.0 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

“56.20”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-523FDNS · goldGrade: 25.35Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-523
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
25.35
Grade Unit
g/t
Intercept
2.45 m
From
51.2 m
To
53.65 m
Intercept Depth
51.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-523:51.2-53.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 25.35 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 62.1 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

  • 25.35 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

“25.35”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-523FDNS · silverGrade: 24.25Grade Unit: g/tIntercept: 2.45 mView all details
Link to this fact

Identity

Hole ID
UGE-26-523
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
24.25
Grade Unit
g/t
Intercept
2.45 m
From
51.2 m
To
53.65 m
Intercept Depth
51.2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-523:51.2-53.65
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 24.25 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 59.4 g/t·m is below.

Negative factors

  • 24.25 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

“24.25”

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-523FDNS · goldGrade: 8.02Grade Unit: g/tIntercept: 5.55 mView all details
Link to this fact

Identity

Hole ID
UGE-26-523
Project
FDNS
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
8.02
Grade Unit
g/t
Intercept
5.55 m
From
59.55 m
To
65.1 m
Intercept Depth
59.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-523:59.55-65.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 8.02 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 44.5 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 8.02 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

“8.02”

Context: UGE-26-523

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

UGE-26-523FDNS · silverGrade: 5.83Grade Unit: g/tIntercept: 5.55 mView all details
Link to this fact

Identity

Hole ID
UGE-26-523
Project
FDNS
Commodity
silver
Region
ecuador
Reported Region
ecuador
Ticker
LUG

Geometry

Grade
5.83
Grade Unit
g/t
Intercept
5.55 m
From
59.55 m
To
65.1 m
Intercept Depth
59.55 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
UGE-26-523:59.55-65.1
Mining Method
underground

QA/QC

Laboratory
ALS laboratory in Quito and Lima, Peru
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Expanded from assay table. 5.83 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 32.4 g/t·m is below.

Negative factors

  • 5.83 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

“5.83”

Context: UGE-26-523

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: "Together, the advancement of FDNS, the growth of FDN East and ongoing success at FDN demonstrate the strength of our kno"

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.