METALLA REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2025 AND PROVIDES ASSET UPDATES
Original announcement by tmx on
- Company
- Metalla Royalty & Streaming Ltd.
- Ticker
- MTA
- Exchange
- TSX
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- Silver, Copper, Lead, Zinc, Nickel, Molybdenum, Platinum group elements
- Document categories
- Resource update, Production, Drill results
- Extracted
- 2026-09-18 11:13:34 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Metalla Royalty & Streaming Ltd. reported its financial and operating results for the first quarter of 2025, including 628 attributable Gold Equivalent Ounces (GEOs) at an average realized price of $2,855 and an average cash cost of $11 per GEO, resulting in a strong operating cash margin. The company also provided updates on its royalty assets, highlighting significant resource and reserve increases at Tocantinzinho, Wharf, Wasamac, Gurupi, West Wall, Dundonald, and La Parrilla. Additionally, promising drill results were reported from exploration programs at Aranzazu, Endeavor, Tower Mountain, and Saturday Night, indicating continued growth and de-risking of its portfolio.
Reasoning: The document reports solid financial results for Q1 2025, including positive Adjusted EBITDA and a strong operating cash margin. It also provides numerous asset updates, highlighting significant resource and reserve increases for several key projects (Tocantinzinho, Wharf, Wasamac, Gurupi, West Wall, Dundonald, La Parrilla) and positive drill results from exploration programs (Aranzazu, Endeavor, Tower Mountain, Saturday Night). While some production figures were lower than prior periods, the overall picture is one of continued progress and growth in the company's royalty portfolio.
Positive factors
- Positive financial results with strong operating cash margin
- Significant resource and reserve updates for multiple projects, including new reserve declarations
- Promising drill intercepts reported for exploration targets
- Mine life extension at Aranzazu
- Progress on project development and permitting for several assets
Negative factors
- GEOs from Wharf were considerably lower in Q1 2025 compared to Q1 2024
- Production decline at Aranzazu attributed to mine sequencing, maintenance, and lower copper recoveries
- Some resource updates are for Inferred categories, which are less confident
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 41
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The source explicitly discloses a revised resource estimate
Evidence · text
“updated Mineral Resource”
Extracted facts
Stored fact records: 39. Some facts used in scoring do not have a stored record.
Drill Results (15)
Fact 1Aranzazu · copperGrade: 0.6Grade Unit: %Intercept: 20 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Aranzazu
- Commodity
- copper
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 0.6
- Grade Unit
- %
- Intercept
- 20 m
Classification
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: A drill intercept at Aranzazu showed a strong copper grade over a good width, confirming mineralization continuity.
Positive factors
- Good copper grade over a significant width
- Confirms continuity of mineralized skarn at depth
Evidence · text
“0.6% copper, 0.24 g/t gold, and 7 g/t silver over 20 meters”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 2Aranzazu · goldGrade: 0.24Grade Unit: g/tIntercept: 20 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Aranzazu
- Commodity
- gold
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 0.24
- Grade Unit
- g/t
- Intercept
- 20 m
Classification
- Sample Type
- drill
- Group ID
- Aranzazu:20m
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: A drill intercept at Aranzazu showed a gold grade over a good width, confirming mineralization continuity.
Positive factors
- Confirms continuity of mineralized skarn at depth
Evidence · text
“0.6% copper, 0.24 g/t gold, and 7 g/t silver over 20 meters”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 3Aranzazu · silverGrade: 7Grade Unit: g/tIntercept: 20 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Aranzazu
- Commodity
- silver
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 7
- Grade Unit
- g/t
- Intercept
- 20 m
Classification
- Sample Type
- drill
- Group ID
- Aranzazu:20m
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: A drill intercept at Aranzazu showed a silver grade over a good width, confirming mineralization continuity.
Positive factors
- Confirms continuity of mineralized skarn at depth
Evidence · text
“0.6% copper, 0.24 g/t gold, and 7 g/t silver over 20 meters”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 4Aranzazu · copperGrade: 0.75Grade Unit: %Intercept: 6.5 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Aranzazu
- Commodity
- copper
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 0.75
- Grade Unit
- %
- Intercept
- 6.5 m
Classification
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: A drill intercept at Aranzazu showed a strong copper grade over a moderate width, confirming mineralization continuity.
Positive factors
- Good copper grade over a moderate width
- Confirms continuity of mineralized skarn at depth
Evidence · text
“0.75% copper, 0.47 g/t gold, and 7 g/t silver over 6.5 meters”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 5Aranzazu · goldGrade: 0.47Grade Unit: g/tIntercept: 6.5 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Aranzazu
- Commodity
- gold
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 0.47
- Grade Unit
- g/t
- Intercept
- 6.5 m
Classification
- Sample Type
- drill
- Group ID
- Aranzazu:6.5m
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: A drill intercept at Aranzazu showed a gold grade over a moderate width, confirming mineralization continuity.
Positive factors
- Confirms continuity of mineralized skarn at depth
Evidence · text
“0.75% copper, 0.47 g/t gold, and 7 g/t silver over 6.5 meters”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 6Aranzazu · silverGrade: 7Grade Unit: g/tIntercept: 6.5 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Aranzazu
- Commodity
- silver
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 7
- Grade Unit
- g/t
- Intercept
- 6.5 m
Classification
- Sample Type
- drill
- Group ID
- Aranzazu:6.5m
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: A drill intercept at Aranzazu showed a silver grade over a moderate width, confirming mineralization continuity.
Positive factors
- Confirms continuity of mineralized skarn at depth
Evidence · text
“0.75% copper, 0.47 g/t gold, and 7 g/t silver over 6.5 meters”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 7Endeavor · silverGrade: 180Grade Unit: g/tView all detailsHide details
Identity
- Project
- Endeavor
- Commodity
- silver
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 180
- Grade Unit
- g/t
Classification
- Sample Type
- bulk
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: The first stope blast at Endeavor yielded high-grade silver, indicating strong initial production potential.
Positive factors
- High silver grade from initial stope blast
- Indicates good initial production potential
Evidence · text
“diluted block grades of 180 g/t silver, 6% zinc and 3.8% lead”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 8Endeavor · zincGrade: 6Grade Unit: %View all detailsHide details
Identity
- Project
- Endeavor
- Commodity
- zinc
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 6
- Grade Unit
- %
Classification
- Sample Type
- bulk
- Group ID
- Endeavor:stope_blast
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: The first stope blast at Endeavor yielded high-grade zinc, indicating strong initial production potential.
Positive factors
- High zinc grade from initial stope blast
- Indicates good initial production potential
Evidence · text
“diluted block grades of 180 g/t silver, 6% zinc and 3.8% lead”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 9Endeavor · leadGrade: 3.8Grade Unit: %View all detailsHide details
Identity
- Project
- Endeavor
- Commodity
- lead
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 3.8
- Grade Unit
- %
Classification
- Sample Type
- bulk
- Group ID
- Endeavor:stope_blast
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: The first stope blast at Endeavor yielded high-grade lead, indicating strong initial production potential.
Positive factors
- High lead grade from initial stope blast
- Indicates good initial production potential
Evidence · text
“diluted block grades of 180 g/t silver, 6% zinc and 3.8% lead”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 10Tower Mountain · goldGrade: 1.93Grade Unit: g/tIntercept: 54.2 mNeeds review: drill_no_hole_idView all detailsHide details
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
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: A drill intercept at Tower Mountain showed a strong gold grade over a substantial width.
Positive factors
- Good gold grade over a significant width
Evidence · text
“1.93 g/t gold over 54.2 meters”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 11Tower Mountain · goldGrade: 3.64Grade Unit: g/tIntercept: 10.5 mNeeds review: drill_no_hole_idView all detailsHide details
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
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: A high-grade gold intercept was reported within a broader mineralized zone at Tower Mountain.
Positive factors
- High gold grade over a good width
Evidence · text
“3.64 g/t gold over 10.5 meters”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 12Tower Mountain · goldGrade: 1.77Grade Unit: g/tIntercept: 25.5 mNeeds review: drill_no_hole_idView all detailsHide details
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
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: Another drill intercept at Tower Mountain showed a good gold grade over a significant width.
Positive factors
- Good gold grade over a significant width
Evidence · text
“1.77 g/t gold over 25.5 meters”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 13Tower Mountain · goldGrade: 3.55Grade Unit: g/tIntercept: 7.6 mNeeds review: drill_no_hole_idView all detailsHide details
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
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: A high-grade gold intercept was reported within a broader mineralized zone at Tower Mountain.
Positive factors
- High gold grade over a good width
Evidence · text
“3.55 g/t gold over 7.6 meters”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 14Saturday Night · platinum group elementsGrade: 1.04Grade Unit: g/tIntercept: 14 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Saturday Night
- Commodity
- platinum group elements
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 1.04
- Grade Unit
- g/t
- Intercept
- 14 m
Classification
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: A drill intercept at Saturday Night confirmed a significant PGE mineralized interval over a good width.
Positive factors
- Good PGE grade over a significant width
- Confirms significant Ni-Cu-PGM mineralized interval
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 Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 15Saturday Night · copperGrade: 0.19Grade Unit: %Intercept: 14 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Saturday Night
- Commodity
- copper
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 0.19
- Grade Unit
- %
- Intercept
- 14 m
Classification
- Sample Type
- drill
- Group ID
- Saturday Night:14m
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: A drill intercept at Saturday Night confirmed a copper mineralized interval over a good width as part of a polymetallic zone.
Positive factors
- Confirms significant Ni-Cu-PGM mineralized interval
Evidence · text
“0.19% copper over 14 meters”
Context: 1.04 g/t PGEs (gold, platinum and palladium) with
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (24)
provenTocantinzinho · goldGrade: 1.23Grade Unit: g/tContained Metal: 1.06Contained Unit: mozView all detailsHide details
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
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: The Tocantinzinho project reported substantial Proven Mineral Reserves, indicating a high level of confidence in the resource.
Positive factors
- Significant Proven Mineral Reserves declared
- High confidence category
Evidence · text
“Proven Mineral Reserves totaled 1.06 Moz at 1.23 g/t gold”
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableTocantinzinho · goldGrade: 1.24Grade Unit: g/tContained Metal: 0.97Contained Unit: mozView all detailsHide details
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
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: The Tocantinzinho project reported substantial Probable Mineral Reserves, adding to the overall resource base.
Positive factors
- Significant Probable Mineral Reserves declared
Evidence · text
“Probable Mineral Reserves totaled 0.97 Moz at 1.24 g/t gold”
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredTocantinzinho · goldGrade: 1.21Grade Unit: g/tContained Metal: 1.07Contained Unit: mozView all detailsHide details
Identity
- Project
- Tocantinzinho
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Effective date
- 2024-12-31T00:00:00.000Z
- Reporting standards
- other
- Resource group id
- resource:d13cbacbdecbfd403f61
Resource Data
- Category
- measured
- Grade
- 1.21
- Grade Unit
- g/t
- Contained Metal
- 1.07
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2024-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: The Tocantinzinho project reported substantial Measured Resources, indicating a high level of geological confidence.
Positive factors
- Significant Measured Resources declared
Evidence · text
“Measured Resources totaled 1.07 Moz at 1.21 g/t gold”
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedTocantinzinho · goldGrade: 1.22Grade Unit: g/tContained Metal: 1.11Contained Unit: mozView all detailsHide details
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
- Resource group id
- resource:c31f794ff592fa2867b5
Resource Data
- Category
- indicated
- Grade
- 1.22
- Grade Unit
- g/t
- Contained Metal
- 1.11
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2024-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: The Tocantinzinho project reported substantial Indicated Resources, contributing to the overall resource base.
Positive factors
- Significant Indicated Resources declared
Evidence · text
“Indicated Resources totaled 1.11 Moz gold at 1.22 g/t gold”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredTocantinzinho · goldGrade: 1.12Grade Unit: g/tContained Metal: 27Contained Unit: kozView all detailsHide details
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
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: The Tocantinzinho project reported Inferred Resources, which are less confident but indicate potential for future conversion.
Negative factors
- Inferred category has high geological uncertainty
Evidence · text
“Inferred Resources totaled 27 Koz at 1.12 g/t gold”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableWharf · goldGrade: 0.81Grade Unit: g/tContained Metal: 757Contained Unit: kozView all detailsHide details
Identity
- Project
- Wharf
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- reserve
- Effective date
- 2024-12-31T00:00:00.000Z
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: The Wharf mine reported substantial Proven and Probable Reserves, which were increased due to mine optimization initiatives.
Positive factors
- Significant Proven and Probable Reserves declared
- Mine optimization initiatives led to resource increases
Evidence · text
“Proven and Probable Reserves totaled 757 Koz at 0.81 g/t gold”
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
measuredWharf · goldGrade: 0.53Grade Unit: g/tContained Metal: 175Contained Unit: kozView all detailsHide details
Identity
- Project
- Wharf
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Effective date
- 2024-12-31T00:00:00.000Z
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: Measured Resources at Wharf significantly increased, indicating improved geological confidence.
Positive factors
- Measured Resources more than doubled due to mine optimization
Evidence · text
“Measured Resources totaled 175 Koz at 0.53 g/t gold”
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedWharf · goldGrade: 0.53Grade Unit: g/tContained Metal: 845Contained Unit: kozView all detailsHide details
Identity
- Project
- Wharf
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Effective date
- 2024-12-31T00:00:00.000Z
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: Indicated Resources at Wharf significantly increased, contributing to the overall resource base.
Positive factors
- Indicated Resources more than doubled due to mine optimization
Evidence · text
“Indicated Resources totaled 845 Koz at 0.53 g/t gold”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredWharf · goldGrade: 0.56Grade Unit: g/tContained Metal: 470Contained Unit: kozView all detailsHide details
Identity
- Project
- Wharf
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Effective date
- 2024-12-31T00:00:00.000Z
- 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
- 2025-05-15T00:00:00.000Z
Reasoning: Inferred Resources at Wharf significantly increased, indicating potential for future conversion and expansion.
Positive factors
- Inferred Resources more than tripled due to mine optimization
Negative factors
- Inferred category has high geological uncertainty
Evidence · text
“Inferred Resources totaled 470 Koz at 0.56 g/t gold”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
probableWasamac · goldGrade: 2.9Grade Unit: g/tContained Metal: 1.38Contained Unit: mozView all detailsHide details
Identity
- Project
- Wasamac
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- reserve
- Resource group id
- resource:af080427abe4bfaa4723
- Deposit or zone
- AK
Resource Data
- Category
- probable
- Grade
- 2.9
- Grade Unit
- g/t
- Contained Metal
- 1.38
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: Wasamac announced its first Proven and Probable Mineral Reserves, a significant de-risking event for the project with a high gold grade.
Positive factors
- Inaugural declaration of significant Proven and Probable Mineral Reserves
- High gold grade for reserves
Evidence · text
“inaugural declaration of Proven and Probable Mineral Reserves of 1.38 Moz at 2.9 g/t gold”
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedWasamac · goldGrade: 2.19Grade Unit: g/tContained Metal: 667Contained Unit: kozView all detailsHide details
Identity
- Project
- Wasamac
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:9c519e279b6902ea7eb4
- Deposit or zone
- AK
Resource Data
- Category
- indicated
- Grade
- 2.19
- Grade Unit
- g/t
- Contained Metal
- 667
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: Wasamac announced substantial Indicated Resources, adding to the project's overall resource base with a good gold grade.
Positive factors
- Significant Indicated Resources declared
- Good gold grade for resources
Evidence · text
“Indicated Resources of 667 Koz at 2.19 g/t gold (exclusive)”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredWasamac · goldGrade: 1.65Grade Unit: g/tContained Metal: 312Contained Unit: kozView all detailsHide details
Identity
- Project
- Wasamac
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:5e56959f1c38bfd644ed
- Deposit or zone
- AK
Resource Data
- Category
- inferred
- Grade
- 1.65
- Grade Unit
- g/t
- Contained Metal
- 312
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: Wasamac announced Inferred Resources, which provide exploration upside but have lower confidence.
Negative factors
- Inferred category has high geological uncertainty
Evidence · text
“Inferred Resources of 312 Koz at 1.65 g/t gold”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedGurupi · goldGrade: 1.31Grade Unit: g/tContained Metal: 1.83Contained Unit: mozView all detailsHide details
Identity
- Project
- Gurupi
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:75d9cd4ca70e78d168fd
Resource Data
- Category
- indicated
- Grade
- 1.31
- Grade Unit
- g/t
- Contained Metal
- 1.83
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: Gurupi reported substantial Indicated Resources, contributing significantly to the project's resource base.
Positive factors
- Significant Indicated Resources declared
Evidence · text
“Indicated Resources of 1.83 Moz at 1.31 g/t gold”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredGurupi · goldGrade: 1.29Grade Unit: g/tContained Metal: 770Contained Unit: kozView all detailsHide details
Identity
- Project
- Gurupi
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:6c4592c793ac6e2ea26c
Resource Data
- Category
- inferred
- Grade
- 1.29
- Grade Unit
- g/t
- Contained Metal
- 770
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: Gurupi reported significant Inferred Resources, providing exploration upside but with lower confidence.
Negative factors
- Inferred category has high geological uncertainty
Evidence · text
“Inferred Resources of 770 Koz at 1.29 g/t gold”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedWest Wall · copperTonnes: 891000000Grade: 0.5Grade Unit: %View all detailsHide details
Identity
- Project
- West Wall
- Commodity
- copper
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:88f3186c7ca796899ea7
Resource Data
- Category
- indicated
- Tonnes
- 891000000
- Grade
- 0.5
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: West Wall saw a substantial increase in Indicated Mineral Resources for copper, reflecting updated economic assumptions and pit optimization.
Positive factors
- Significant increase in Indicated Mineral Resources
- Large tonnage of copper
Evidence · text
“Indicated Mineral Resources grew to 891 Mt at 0.50% copper”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedWest Wall · goldTonnes: 891000000Grade: 0.04Grade Unit: g/tView all detailsHide details
Identity
- Project
- West Wall
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:88f3186c7ca796899ea7
Resource Data
- Category
- indicated
- Tonnes
- 891000000
- Grade
- 0.04
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: West Wall saw an increase in Indicated Mineral Resources for gold, reflecting updated economic assumptions and pit optimization.
Positive factors
- Significant increase in Indicated Mineral Resources
Evidence · text
“0.04 g/t gold”
Context: Indicated Mineral Resources grew to 891 Mt at 0.50% copper
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedWest Wall · molybdenumTonnes: 891000000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- West Wall
- Commodity
- molybdenum
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:88f3186c7ca796899ea7
Resource Data
- Category
- indicated
- Tonnes
- 891000000
- Grade
- 0.01
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: West Wall saw an increase in Indicated Mineral Resources for molybdenum, reflecting updated economic assumptions and pit optimization.
Positive factors
- Significant increase in Indicated Mineral Resources
Evidence · text
“0.01% molybdenum”
Context: Indicated Mineral Resources grew to 891 Mt at 0.50% copper
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredWest Wall · copperTonnes: 1500000000Grade: 0.38Grade Unit: %View all detailsHide details
Identity
- Project
- West Wall
- Commodity
- copper
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:7bf89511dd6a745767c9
Resource Data
- Category
- inferred
- Tonnes
- 1500000000
- Grade
- 0.38
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: West Wall saw a substantial increase in Inferred Mineral Resources for copper, indicating significant exploration potential.
Positive factors
- Significant increase in Inferred Mineral Resources
- Large tonnage of copper
Negative factors
- Inferred category has high geological uncertainty
Evidence · text
“Inferred Mineral Resources increased to 1, 500 Mt at 0.38% copper”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredWest Wall · goldTonnes: 1500000000Grade: 0.03Grade Unit: g/tView all detailsHide details
Identity
- Project
- West Wall
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:7bf89511dd6a745767c9
Resource Data
- Category
- inferred
- Tonnes
- 1500000000
- Grade
- 0.03
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: West Wall saw an increase in Inferred Mineral Resources for gold, indicating exploration potential.
Positive factors
- Significant increase in Inferred Mineral Resources
Negative factors
- Inferred category has high geological uncertainty
Evidence · text
“0.03 g/t gold”
Context: Inferred Mineral Resources increased to 1, 500 Mt at 0.38% copper
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredWest Wall · molybdenumTonnes: 1500000000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- West Wall
- Commodity
- molybdenum
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:7bf89511dd6a745767c9
Resource Data
- Category
- inferred
- Tonnes
- 1500000000
- Grade
- 0.01
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: West Wall saw an increase in Inferred Mineral Resources for molybdenum, indicating exploration potential.
Positive factors
- Significant increase in Inferred Mineral Resources
Negative factors
- Inferred category has high geological uncertainty
Evidence · text
“0.01% molybdenum”
Context: Inferred Mineral Resources increased to 1, 500 Mt at 0.38% copper
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredDundonald · nickelGrade: 0.75Grade Unit: %Contained Metal: 42Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Dundonald
- Commodity
- nickel
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:cfb6ca430047e6f5e101
- Deposit or zone
- Dundonald North Nickel
Resource Data
- Category
- inferred
- Grade
- 0.75
- Grade Unit
- %
- Contained Metal
- 42
- Contained Unit
- mlbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: Dundonald reported substantial Inferred Resources for nickel, indicating exploration potential.
Positive factors
- Significant Inferred Resources declared for nickel
Negative factors
- Inferred category has high geological uncertainty
Evidence · text
“Total Inferred Resources were 42 Mlbs at 0.75% nickel”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredDundonald · copperGrade: 0.05Grade Unit: %Contained Metal: 2.6Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Dundonald
- Commodity
- copper
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:89b3876be62d2b9e5ad8
Resource Data
- Category
- inferred
- Grade
- 0.05
- Grade Unit
- %
- Contained Metal
- 2.6
- Contained Unit
- mlbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: Dundonald reported Inferred Resources for copper as a byproduct, indicating exploration potential.
Negative factors
- Inferred category has high geological uncertainty
Evidence · text
“2.6 Mlbs at 0.05% copper”
Context: Total Inferred Resources were 42 Mlbs at 0.75% nickel
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedLa Parrilla · silverContained Metal: 10.8Contained Unit: mozView all detailsHide details
Identity
- Project
- La Parrilla
- Commodity
- silver
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:0a7e073bcc3ba416cc1c
Resource Data
- Category
- indicated
- Contained Metal
- 10.8
- Contained Unit
- moz
Metal Equivalent
- Metal Eq. Grade
- 280
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: La Parrilla reported a substantial increase in Indicated Mineral Resources with a high silver equivalent grade, but the lack of equivalent assumptions reduces confidence.
Positive factors
- Significant growth in Indicated Mineral Resources
- High silver equivalent grade
Negative factors
- Metal equivalent assumptions not disclosed
Evidence · text
“Indicated Mineral Resources at La Parrilla grew by 107% to 10.8 Moz AgEq (as defined by Silver Storm) at 280 g/t AgEq”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredLa Parrilla · silverContained Metal: 16.3Contained Unit: mozView all detailsHide details
Identity
- Project
- La Parrilla
- Commodity
- silver
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:5024edc23abf0630709a
Resource Data
- Category
- inferred
- Contained Metal
- 16.3
- Contained Unit
- moz
Metal Equivalent
- Metal Eq. Grade
- 255
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-05-15T00:00:00.000Z
Reasoning: La Parrilla reported a substantial increase in Inferred Mineral Resources, indicating exploration potential, but with lower confidence due to category and undisclosed equivalent assumptions.
Positive factors
- Significant growth in Inferred Mineral Resources
Negative factors
- Inferred category has high geological uncertainty
- Metal equivalent assumptions not disclosed
Evidence · text
“Inferred Mineral Resources grew by 58% to 16.3 Moz AgEq at 255 g/t AgEq”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.