Lupaka Reports 10.69 g/t Au-Eq. Along Strike Length of 65 m from Extension on 3430 Sublevel at Invicta; On-Vein Development Extended by 105 m

Original announcement by tmx on

Company
Lupaka Gold Corp.
Ticker
LPK
Exchange
TSX
Region
Peru
Primary commodity
Gold
Secondary commodities
Silver, Copper, Lead, Zinc
Document categories
Drill results
Extracted
2026-09-12 11:51:47 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Lupaka Gold reported high-grade channel sampling results from the Atenea vein at the Invicta project, including a 65m extension at 10.69 g/t Au-Eq. The results confirm high-grade continuity and exceed the grades estimated in the project's Preliminary Economic Assessment.

Reasoning: The results show high-grade gold-equivalent intercepts that exceed previous model estimates, extending the known strike length of the Atenea vein.

Positive factors

  • High-grade extension (10.69 g/t Au-Eq)
  • Grades exceeding PEA estimates
  • Continuity of mineralization confirmed
  • QA/QC disclosed with accredited lab

Negative factors

  • Apparent width only (channel sampling in constrained headings)

Facts used in scoring: 7

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Development and channel sampling of the Atenea vein has been extended by 105 metres along strike to the west and northeast.

Evidence · text

“extended by 105 metres ("m") along strike to the west and northeast”

QA/QC Disclosedpositive

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

Why it applies: Release includes QA/QC disclosure mentioning ALS accredited lab, duplicates, standards, and blanks.

Evidence · text

“carried out by ALS, an accredited laboratory... duplicates, standards and blanks were inserted”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Widths are reported from channel sampling in constrained 3.5m development headings, which may not represent true width.

Evidence · text

“The width of the Atenea vein has not been fully exposed and sampled on the development levels due to the constrained width of the development headings (3.5 m wide).”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

Fact 1Invicta · goldGrade: 3.97Grade Unit: g/tIntercept: 170 mView all details
Link to this fact

Identity

Project
Invicta
Commodity
gold
Region
peru
Reported Region
Peru
Ticker
LPK

Geometry

Grade
3.97
Grade Unit
g/t
Intercept
170 m

Classification

Sample Type
channel
Mining Method
underground

Location

Location
Atenea Vein, 3430 sublevel, SW Major interval
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-09-18T00:00:00.000Z

Reasoning: Moderate gold grade in a large interval.

Evidence · table

“3.97”

Context: 170.0

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: "along a strike length of 65 m, with an average width of 3.50 m 3400 Level - Development and channel sampling of the Aten"

Fact 2Invicta · silverGrade: 56.86Grade Unit: g/tIntercept: 170 mView all details
Link to this fact

Identity

Project
Invicta
Commodity
silver
Region
peru
Reported Region
Peru
Ticker
LPK

Geometry

Grade
56.86
Grade Unit
g/t
Intercept
170 m

Classification

Sample Type
channel
Mining Method
underground

Location

Location
Atenea Vein, 3430 sublevel, SW Major interval
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-09-18T00:00:00.000Z

Reasoning: Silver byproduct grade.

Evidence · table

“56.86”

Context: 170.0

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: "along a strike length of 65 m, with an average width of 3.50 m 3400 Level - Development and channel sampling of the Aten"

Fact 3Invicta · copperGrade: 1.55Grade Unit: %Intercept: 170 mView all details
Link to this fact

Identity

Project
Invicta
Commodity
copper
Region
peru
Reported Region
Peru
Ticker
LPK

Geometry

Grade
1.55
Grade Unit
%
Intercept
170 m

Classification

Sample Type
channel
Mining Method
underground

Location

Location
Atenea Vein, 3430 sublevel, SW Major interval
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-09-18T00:00:00.000Z

Reasoning: Copper byproduct grade.

Evidence · table

“1.55”

Context: 170.0

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: "along a strike length of 65 m, with an average width of 3.50 m 3400 Level - Development and channel sampling of the Aten"

Fact 4Invicta · leadGrade: 1.16Grade Unit: %Intercept: 170 mView all details
Link to this fact

Identity

Project
Invicta
Commodity
lead
Region
peru
Reported Region
Peru
Ticker
LPK

Geometry

Grade
1.16
Grade Unit
%
Intercept
170 m

Classification

Sample Type
channel
Mining Method
underground

Location

Location
Atenea Vein, 3430 sublevel, SW Major interval
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-09-18T00:00:00.000Z

Reasoning: Lead byproduct grade.

Evidence · table

“1.16”

Context: 170.0

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: "along a strike length of 65 m, with an average width of 3.50 m 3400 Level - Development and channel sampling of the Aten"

Fact 5Invicta · zincGrade: 1.07Grade Unit: %Intercept: 170 mView all details
Link to this fact

Identity

Project
Invicta
Commodity
zinc
Region
peru
Reported Region
Peru
Ticker
LPK

Geometry

Grade
1.07
Grade Unit
%
Intercept
170 m

Classification

Sample Type
channel
Mining Method
underground

Location

Location
Atenea Vein, 3430 sublevel, SW Major interval
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-09-18T00:00:00.000Z

Reasoning: Zinc byproduct grade.

Evidence · table

“1.07”

Context: 170.0

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: "along a strike length of 65 m, with an average width of 3.50 m 3400 Level - Development and channel sampling of the Aten"

Fact 6Invicta · goldGrade: 5.35Grade Unit: g/tIntercept: 65 mView all details
Link to this fact

Identity

Project
Invicta
Commodity
gold
Region
peru
Reported Region
Peru
Ticker
LPK

Geometry

Grade
5.35
Grade Unit
g/t
Intercept
65 m

Classification

Sample Type
channel
Mining Method
underground

Location

Location
Atenea Vein, 3430 sublevel, NE Interval
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-09-18T00:00:00.000Z

Reasoning: High grade gold intercept extending the vein.

Positive factors

  • Strong gold grade

Negative factors

  • Apparent width only

Evidence · table

“5.35”

Context: 65.0

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: "along a strike length of 65 m, with an average width of 3.50 m 3400 Level - Development and channel sampling of the Aten"

Fact 7Invicta · goldGrade: 4.77Grade Unit: g/tIntercept: 200 mView all details
Link to this fact

Identity

Project
Invicta
Commodity
gold
Region
peru
Reported Region
Peru
Ticker
LPK

Geometry

Grade
4.77
Grade Unit
g/t
Intercept
200 m

Classification

Sample Type
channel
Mining Method
underground

Location

Location
Atenea Vein, 3400 Level, Footwall Vein
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
duplicates, standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2018-09-18T00:00:00.000Z

Reasoning: Consistent gold grade over a long interval.

Evidence · table

“4.77”

Context: 200.0

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: "along a strike length of 65 m, with an average width of 3.50 m 3400 Level - Development and channel sampling of the Aten"

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.