# METALLA REPORTS FINANCIAL RESULTS FOR THE 2024 FISCAL YEAR AND PROVIDES ASSET UPDATES

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a

Original source: https://money.tmx.com/en/quote/MTA/news/6646921684873943/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up

Publisher: tmx

Original announcement: 2025-03-27T20:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Metalla Royalty & Streaming Ltd.

- Ticker: MTA

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: Silver, Copper, Nickel, Lead, Zinc, Platinum group elements

- Document categories: Resource update, Production, Drill results

- Extracted: 2026-09-18 11:14:03 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Metalla Royalty & Streaming Ltd. reported its 2024 fiscal year financial results, including 2,481 attributable Gold Equivalent Ounces \(GEOs\) at an average realized price of $2,411 and an average cash cost of $19 per GEO. The company provided 2025 guidance of 3,500 to 4,500 attributable GEOs. Asset updates included new resource estimates for Tocantinzinho, Wharf, Wasamac, CentroGold, Dundonald, and Fosterville, as well as drill intercepts from Aranzazu, Tower Mountain, and Saturday Night.

Reasoning: Metalla reported strong financial results for 2024, provided positive production guidance for 2025, and announced significant resource updates and promising drill results across multiple projects, indicating continued growth and de-risking of its portfolio.

- Positive factor: Strong 2024 production performance with 2,481 attributable GEOs.

- Positive factor: Positive 2025 production guidance indicating growth.

- Positive factor: Significant resource growth and upgrades at Tocantinzinho and Wharf.

- Positive factor: Positive drill intercepts confirming continuity and extensions at Aranzazu, Tower Mountain, and Saturday Night.

- Positive factor: Advancement of key projects towards production and permitting milestones.

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

Facts used in scoring: 41

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document details updated Reserve and Resource estimates for several projects, including Tocantinzinho, Wharf, Wasamac, CentroGold, Dundonald, and Fosterville.

Evidence · text

> G Mining announced an updated Reserve and Resource estimate where infill drilling and integration of grade control data led to an upward revision of the resource estimate, successfully replacing Mineral Reserves.

**Drill Results**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document reports specific drill intercepts with grades and widths for projects like Aranzazu, Tower Mountain, and Saturday Night.

Evidence · text

> significant intercepts of 1.6% copper, 0.5 g/t gold, 19 g/t silver over 23 meters

**Production**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document provides detailed financial results for the 2024 fiscal year, including attributable Gold Equivalent Ounces \(GEOs\) and associated costs.

Evidence · text

> For the year ended December 31, 2024, the Company received or accrued payments on 2,481 attributable Gold Equivalent Ounces

## Extracted facts

Stored fact records: 30. Some facts used in scoring do not have a stored record.

## Drill Results (12)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-19)

Aranzazu · copper

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Aranzazu
- Commodity: copper
- Region: canada
- Reported Region: canada
- Ticker: MTA

#### Geometry

- Grade: 1.6
- Grade Unit: %
- Intercept: 23 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Aranzazu:23m\_intercept\_1

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This drill intercept shows a strong copper grade over a good width, indicating successful exploration and continuity of the mineralized zone.

- Positive factor: High copper grade over a significant width.

- Positive factor: Confirms continuity of mineralization in deeper levels.

Evidence · text

> 1.6% copper, 0.5 g/t gold, 19 g/t silver over 23 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-20)

Aranzazu · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Aranzazu
- Commodity: gold
- Region: canada
- Reported Region: canada
- Ticker: MTA

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 23 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Aranzazu:23m\_intercept\_1

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This drill intercept shows a good gold grade alongside copper and silver, enhancing the polymetallic potential of the mineralization.

- Positive factor: Good gold grade over a significant width, contributing to polymetallic potential.

Evidence · text

> 1.6% copper, 0.5 g/t gold, 19 g/t silver over 23 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-21)

Aranzazu · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Aranzazu
- Commodity: silver
- Region: canada
- Reported Region: canada
- Ticker: MTA

#### Geometry

- Grade: 19
- Grade Unit: g/t
- Intercept: 23 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Aranzazu:23m\_intercept\_1

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This drill intercept shows a good silver grade alongside copper and gold, enhancing the polymetallic potential of the mineralization.

- Positive factor: Good silver grade over a significant width, contributing to polymetallic potential.

Evidence · text

> 1.6% copper, 0.5 g/t gold, 19 g/t silver over 23 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 4

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-22)

Aranzazu · copper

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Aranzazu
- Commodity: copper
- Region: canada
- Reported Region: canada
- Ticker: MTA

#### Geometry

- Grade: 1.08
- Grade Unit: %
- Intercept: 8 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Aranzazu:8m\_intercept\_2

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This drill intercept shows a good copper grade over a solid width, confirming the deep extension of the mineralized body.

- Positive factor: Good copper grade over a solid width.

- Positive factor: Confirms deep extension of the skarn body.

Evidence · text

> 1.08% copper, 0.19 g/t gold, 10 g/t silver over 8 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 5

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-23)

Aranzazu · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Aranzazu
- Commodity: gold
- Region: canada
- Reported Region: canada
- Ticker: MTA

#### Geometry

- Grade: 0.19
- Grade Unit: g/t
- Intercept: 8 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Aranzazu:8m\_intercept\_2

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This drill intercept shows a gold grade alongside copper and silver, supporting the polymetallic nature of the mineralization.

- Positive factor: Gold grade contributes to the polymetallic nature of the intercept.

Evidence · text

> 1.08% copper, 0.19 g/t gold, 10 g/t silver over 8 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 6

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-24)

Aranzazu · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Aranzazu
- Commodity: silver
- Region: canada
- Reported Region: canada
- Ticker: MTA

#### Geometry

- Grade: 10
- Grade Unit: g/t
- Intercept: 8 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Aranzazu:8m\_intercept\_2

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This drill intercept shows a silver grade alongside copper and gold, supporting the polymetallic nature of the mineralization.

- Positive factor: Silver grade contributes to the polymetallic nature of the intercept.

Evidence · text

> 1.08% copper, 0.19 g/t gold, 10 g/t silver over 8 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 7

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-31)

Tower Mountain · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Tower Mountain
- Commodity: gold
- Region: canada
- Reported Region: canada
- Ticker: MTA

#### Geometry

- Grade: 1.93
- Grade Unit: g/t
- Intercept: 54.2 m

#### Classification

- Program: exploration
- Sample Type: drill

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This drill intercept shows an excellent gold grade over a substantial width, highlighting strong mineralization at Tower Mountain.

- Positive factor: High gold grade over a very significant width, indicating strong mineralization.

Evidence · text

> 1.93 g/t gold over 54.2 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 8

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-32)

Tower Mountain · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Tower Mountain
- Commodity: gold
- Region: canada
- Reported Region: canada
- Ticker: MTA

#### Geometry

- Grade: 3.64
- Grade Unit: g/t
- Intercept: 10.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This sub-interval shows an exceptionally high gold grade, indicating a very rich zone within the broader mineralization.

- Positive factor: Very high gold grade over a good width, representing a bonanza intercept within a broader zone.

Evidence · text

> 3.64 g/t gold over 10.5 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 9

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-33)

Tower Mountain · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Tower Mountain
- Commodity: gold
- Region: canada
- Reported Region: canada
- Ticker: MTA

#### Geometry

- Grade: 1.77
- Grade Unit: g/t
- Intercept: 25.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This drill intercept shows a strong gold grade over a good width, further confirming mineralization at Tower Mountain.

- Positive factor: High gold grade over a significant width, indicating strong mineralization.

Evidence · text

> 1.77 g/t gold over 25.5 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 10

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-34)

Tower Mountain · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Tower Mountain
- Commodity: gold
- Region: canada
- Reported Region: canada
- Ticker: MTA

#### Geometry

- Grade: 3.55
- Grade Unit: g/t
- Intercept: 7.6 m

#### Classification

- Program: exploration
- Sample Type: drill

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This sub-interval shows an exceptionally high gold grade, indicating a very rich zone within the broader mineralization.

- Positive factor: Very high gold grade over a good width, representing a bonanza intercept within a broader zone.

Evidence · text

> 3.55 g/t gold over 7.6 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 11

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-35)

Saturday Night · platinum group elements

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Saturday Night
- Commodity: platinum group elements
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: MTA

#### Geometry

- Grade: 1.04
- Grade Unit: g/t
- Intercept: 14 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Saturday Night:14m\_intercept\_1

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This drill intercept shows a strong PGE grade over a good width, confirming significant mineralization at Saturday Night.

- Positive factor: Significant PGE grade over a good width, indicating potential for precious metals.

Evidence · text

> 1.04 g/t PGEs \(gold, platinum and palladium\) with 0.19% copper over 14 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 12

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-drill-facts-36)

Saturday Night · copper

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Saturday Night
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: MTA

#### Geometry

- Grade: 0.19
- Grade Unit: %
- Intercept: 14 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Saturday Night:14m\_intercept\_1

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: This drill intercept shows a good copper grade alongside PGEs, enhancing the polymetallic potential of the mineralization.

- Positive factor: Good copper grade over a good width, contributing to polymetallic potential.

Evidence · text

> 1.04 g/t PGEs \(gold, platinum and palladium\) with 0.19% copper over 14 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

## Resource Estimates (18)

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-11)

Tocantinzinho · gold

#### Identity

- Project: Tocantinzinho
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: reserve
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:2b9af3d14b89499ce715

#### Resource Data

- Category: proven
- Grade: 1.23
- Grade Unit: g/t
- Contained Metal: 1.06
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The updated resource estimate for Tocantinzinho includes a substantial Proven Mineral Reserve, indicating high confidence and economic viability.

- Positive factor: High confidence category \(Proven Reserve\).

- Positive factor: Significant contained metal for a gold project.

Evidence · text

> Proven Mineral Reserves totaled 1.06 Moz at 1.23 g/t gold

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-12)

Tocantinzinho · gold

#### Identity

- Project: Tocantinzinho
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: reserve
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:0e06c4410cb456d382b7

#### Resource Data

- Category: probable
- Grade: 1.24
- Grade Unit: g/t
- Contained Metal: 0.97
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The updated resource estimate for Tocantinzinho includes a substantial Probable Mineral Reserve, indicating good confidence and economic viability.

- Positive factor: High confidence category \(Probable Reserve\).

- Positive factor: Significant contained metal for a gold project.

Evidence · text

> Probable Mineral Reserves totaled 0.97 Moz at 1.24 g/t gold

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-13)

Tocantinzinho · gold

#### Identity

- Project: Tocantinzinho
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:c31f794ff592fa2867b5

#### Resource Data

- Category: indicated
- Grade: 1.22
- Grade Unit: g/t
- Contained Metal: 2.19
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The updated resource estimate for Tocantinzinho shows a significant Measured and Indicated resource, which is a positive indicator of geological confidence.

- Positive factor: Large Measured and Indicated resource base, providing a strong foundation for future reserves.

Evidence · text

> Measured and Indicated Resources totaled 2.19 Moz at 1.22 g/t gold \(Inclusive\)

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-14)

Tocantinzinho · gold

#### Identity

- Project: Tocantinzinho
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:d52969bf0a102d8aee7c

#### Resource Data

- Category: inferred
- Grade: 1.12
- Grade Unit: g/t
- Contained Metal: 27
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The updated resource estimate includes a smaller Inferred resource, which represents potential for future conversion but has lower geological confidence.

Evidence · text

> Inferred Resources totaled 27 Koz at 1.12 g/t gold

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-15)

Wharf · gold

#### Identity

- Project: Wharf
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: reserve
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:94c8b334681dbce3be17

#### Resource Data

- Category: probable
- Grade: 0.81
- Grade Unit: g/t
- Contained Metal: 757
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The updated resource estimate for Wharf shows a substantial Proven and Probable Reserve, which is a strong indicator of project viability.

- Positive factor: Significant Proven and Probable Reserves, indicating economic viability.

Evidence · text

> Proven and Probable Reserves totaled 757 Koz at 0.81 g/t gold

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-16)

Wharf · gold

#### Identity

- Project: Wharf
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:76d6ed764b4cb464ef02

#### Resource Data

- Category: measured
- Grade: 0.53
- Grade Unit: g/t
- Contained Metal: 175
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The significant increase in Measured Resources at Wharf reflects improved geological confidence and de-risking of the project.

- Positive factor: Measured Resources more than doubled, indicating increased geological confidence.

Evidence · text

> Measured Resources totaled 175 Koz at 0.53 g/t gold

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-17)

Wharf · gold

#### Identity

- Project: Wharf
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:54050d0076ed73e6ab34

#### Resource Data

- Category: indicated
- Grade: 0.53
- Grade Unit: g/t
- Contained Metal: 845
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The significant increase in Indicated Resources at Wharf reflects improved geological confidence and potential for future reserve conversion.

- Positive factor: Indicated Resources more than doubled, indicating increased geological confidence and potential for reserve conversion.

Evidence · text

> Indicated Resources totaled 845 Koz at 0.53 g/t gold

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-18)

Wharf · gold

#### Identity

- Project: Wharf
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:df12e58d60d206f87abd

#### Resource Data

- Category: inferred
- Grade: 0.56
- Grade Unit: g/t
- Contained Metal: 470
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The substantial increase in Inferred Resources at Wharf points to significant exploration potential and future growth opportunities.

- Positive factor: Inferred Resources more than tripled, indicating significant exploration upside.

Evidence · text

> Inferred Resources totaled 470 Koz at 0.56 g/t gold

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-25)

Wasamac · gold

#### Identity

- Project: Wasamac
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: reserve
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:13654a2ccd3db8882b8a

#### Resource Data

- Category: probable
- Grade: 2.9
- Grade Unit: g/t
- Contained Metal: 1.38
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The initial declaration of substantial Proven and Probable Mineral Reserves for Wasamac by Agnico Eagle is a significant de-risking event for the project.

- Positive factor: First declaration of Mineral Reserves by Agnico, establishing a baseline for the project.

- Positive factor: Significant contained gold in the reserve category.

Evidence · text

> Proven and Probable Mineral Reserves of 1.38 Moz at 2.9 g/t gold

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-26)

Wasamac · gold

#### Identity

- Project: Wasamac
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:b75ed1e3f50ebc1383dd

#### Resource Data

- Category: indicated
- Grade: 2.19
- Grade Unit: g/t
- Contained Metal: 667
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The Indicated Resource at Wasamac provides a solid foundation for potential future reserve conversion and project expansion.

- Positive factor: Good Indicated Resource base, providing potential for future reserve conversion.

Evidence · text

> Indicated Resources of 667 Koz at 2.19 g/t gold \(exclusive\)

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-27)

Wasamac · gold

#### Identity

- Project: Wasamac
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:5f7274fa95ed8d23b1b7

#### Resource Data

- Category: inferred
- Grade: 1.65
- Grade Unit: g/t
- Contained Metal: 312
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The Inferred Resource at Wasamac suggests additional exploration upside, though with lower geological confidence.

- Positive factor: Inferred Resources indicate further exploration potential.

Evidence · text

> Inferred Resources of 312 Koz at 1.65 g/t gold

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-28)

CentroGold · gold

#### Identity

- Project: CentroGold
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:a940e5aff1b336e4b60b
- Deposit or zone: AK

#### Resource Data

- Category: indicated
- Grade: 1.31
- Grade Unit: g/t
- Contained Metal: 1.83
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The updated Indicated Resource for CentroGold provides a substantial gold inventory with good geological confidence.

- Positive factor: Significant Indicated Resource base for the project.

Evidence · text

> Indicated Resources of 1.83 Moz at 1.31 g/t gold

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-29)

CentroGold · gold

#### Identity

- Project: CentroGold
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:bb85902866333de56c8d
- Deposit or zone: AK

#### Resource Data

- Category: inferred
- Grade: 1.29
- Grade Unit: g/t
- Contained Metal: 770
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The substantial Inferred Resource at CentroGold suggests considerable exploration potential, particularly with noted opportunities for growth between deposits.

- Positive factor: Large Inferred Resource indicates significant exploration upside and potential for growth.

Evidence · text

> Inferred Resources of 770 Koz at 1.29 g/t gold

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-30)

Fosterville · gold

#### Identity

- Project: Fosterville
- Commodity: gold
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:d0af3d823d6d8e6e63a8

#### Resource Data

- Category: inferred
- Contained Metal: 543
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The addition of a substantial Inferred Resource at Fosterville is positive for future potential, but the lack of disclosed grade reduces the confidence in its immediate impact.

- Positive factor: Significant addition to Inferred Resources, indicating successful exploration.

- Negative factor: Grade for the added Inferred Resource is not disclosed, limiting full assessment.

Evidence · text

> Fosterville added 543 Koz in the Inferred Resource category mainly from successful drilling at Lower Phoenix and Robbins Hill.

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-37)

Dundonald · nickel

#### Identity

- Project: Dundonald
- Commodity: nickel
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:5429f5f1744855855c92
- Deposit or zone: Dundonald South Nickel

#### Resource Data

- Category: indicated
- Grade: 0.52
- Grade Unit: %
- Contained Metal: 31.6
- Contained Unit: mlbs

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The updated Indicated Resource for nickel at Dundonald provides a good base with reasonable geological confidence.

- Positive factor: Significant Indicated Resource for nickel, providing a solid base.

Evidence · text

> Total Indicated Resources were 31.6 Mlbs at 0.52% nickel

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-38)

Dundonald · copper

#### Identity

- Project: Dundonald
- Commodity: copper
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:c85b2f40778c6cabe95b

#### Resource Data

- Category: indicated
- Grade: 0.02
- Grade Unit: %
- Contained Metal: 1.06
- Contained Unit: mlbs

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The Indicated Resource for copper at Dundonald, while lower grade, adds to the polymetallic nature of the deposit.

- Positive factor: Copper as a byproduct contributes to the overall resource value.

Evidence · text

> 1.06 Mlbs at 0.02% copper

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-39)

Dundonald · nickel

#### Identity

- Project: Dundonald
- Commodity: nickel
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:e8646f39676dc0f23118
- Deposit or zone: Dundonald South Nickel

#### Resource Data

- Category: inferred
- Grade: 0.43
- Grade Unit: %
- Contained Metal: 37.6
- Contained Unit: mlbs

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The substantial Inferred Resource for nickel at Dundonald suggests good exploration potential for future growth.

- Positive factor: Large Inferred Resource for nickel, indicating exploration upside.

Evidence · text

> Inferred Resources were 37.6 Mlbs at 0.43% nickel

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--c6c702b2-a0a3-4073-9aa6-46998ca43b7a#fact-resource-facts-40)

Dundonald · copper

#### Identity

- Project: Dundonald
- Commodity: copper
- Ticker: MTA

#### Resource scope

- Estimate type: resource
- Effective date: 2024-12-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Charles Beaudry
- Resource group id: resource:639a88966c2b117461ee

#### Resource Data

- Category: inferred
- Grade: 0.01
- Grade Unit: %
- Contained Metal: 1.27
- Contained Unit: mlbs

#### Prior Estimate

- Resource Date: 2024-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-03-27T00:00:00.000Z

Reasoning: The Inferred Resource for copper at Dundonald, while lower grade, adds to the polymetallic nature and future potential of the deposit.

- Positive factor: Copper as a byproduct contributes to the overall resource value.

Evidence · text

> 1.27 Mlbs at 0.01% copper

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

## 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.