METALLA REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2026 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
Copper, Silver, Zinc, Lead, Nickel
Document categories
Resource update, Production, Economic study, Drill results, Metallurgy, Other
Extracted
2026-09-18 10:53:36 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Metalla Royalty & Streaming Ltd. announced strong financial results for the first quarter of 2026, reporting a 115% increase in Adjusted EBITDA to $1.9 million and a return to net income of $0.1 million. The company received or accrued payments on 660 attributable Gold Equivalent Ounces (GEOs) at an average realized price of $4,871 per GEO. The release also provided extensive asset updates, including significant Mineral Resource and Reserve estimates for projects like Taca Taca, Tocantinzinho, Wharf, Gurupi, Joaquin, and Tower Mountain, alongside high-grade drill results from La Parrilla, Garrison, and Mirado Mine, and progress on economic studies and permitting for several development-stage assets.

Reasoning: Metalla reported strong Q1 2026 financial results with significant increases in Adjusted EBITDA and net income, driven by solid GEO production. The company also provided numerous positive asset updates, including substantial resource estimates for Taca Taca, Tocantinzinho, Wharf, Gurupi, Joaquin, and Tower Mountain, as well as high-grade drill results from La Parrilla, Garrison, and Mirado Mine, and progress on economic studies and permitting for several development projects. All technical information is reviewed and approved by a Qualified Person.

Positive factors

  • Strong Q1 2026 financial performance with significant increases in Adjusted EBITDA and net income.
  • Solid GEO production from royalty interests.
  • Positive resource updates for Taca Taca, Tocantinzinho, Wharf, Gurupi, Joaquin, and Tower Mountain.
  • High-grade drill intercepts reported at La Parrilla, Garrison, and Mirado Mine.
  • Significant progress on economic studies and permitting for key development projects like Taca Taca and 15-Mile.
  • QP sign-off for technical information in the news release.

Negative factors

  • Some resource updates provide contained metal without explicit tonnes or grades (Côté-Gosselin).
  • Some project regions are inferred rather than explicitly stated in the document.

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

Facts used in scoring: 58

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 Estimate”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a flotation route ("flotation")

Extracted facts

Stored fact records: 34. Some facts used in scoring do not have a stored record.

Drill Results (16)

IDP-SN-26-001La Parrilla mining complex · silverGrade: 473Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
IDP-SN-26-001
Project
La Parrilla mining complex
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTA

Geometry

Grade
473
Grade Unit
g/t
Intercept
3.6 m

Classification

Sample Type
drill

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Hole IDP-SN-26-001 at La Parrilla returned a bonanza-grade silver equivalent intercept over a good width, indicating strong mineralization.

Positive factors

  • Bonanza Intercept
  • High-grade silver equivalent intercept, confirming mineralization.

Evidence · text

“Hole IDP-SN-26-001 that returned 473 g/t AgEq over 3.60 m”

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

IDP-SN-26-001La Parrilla mining complex · silverGrade: 740Grade Unit: g/tIntercept: 1.65 mView all details
Link to this fact

Identity

Hole ID
IDP-SN-26-001
Project
La Parrilla mining complex
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTA

Geometry

Grade
740
Grade Unit
g/t
Intercept
1.65 m

Classification

Sample Type
drill

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: A very high-grade silver equivalent sub-interval within IDP-SN-26-001 further highlights the strong mineralization at La Parrilla.

Positive factors

  • Bonanza Intercept
  • Very high-grade silver equivalent sub-interval, indicating a rich zone.

Evidence · text

“including 740 g/t AgEq over 1.65 m”

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

IDP-SN-26-001La Parrilla mining complex · silverGrade: 527Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
IDP-SN-26-001
Project
La Parrilla mining complex
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MTA

Geometry

Grade
527
Grade Unit
g/t
Intercept
0.9 m

Classification

Sample Type
drill

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Another high-grade silver equivalent sub-interval in IDP-SN-26-001 reinforces the bonanza grades at La Parrilla.

Positive factors

  • Bonanza Intercept
  • High-grade silver equivalent sub-interval, confirming strong mineralization.

Evidence · text

“and 527 g/t AgEq over 0.90 m”

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 4Garrison (Jonpol deposit) · goldGrade: 6.03Grade Unit: g/tIntercept: 22.25 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Garrison (Jonpol deposit)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
6.03
Grade Unit
g/t
Intercept
22.25 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
2026-05-14T00:00:00.000Z

Reasoning: A drill intercept at Garrison returned high-grade gold over a good width, suggesting robust mineralization at the Jonpol deposit.

Positive factors

  • High-grade gold intercept over a significant width, indicating strong mineralization.

Evidence · text

“one target yielding 6.03 g/t Au over 22.25 m”

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 5Garrison (Jonpol deposit) · goldGrade: 12.67Grade Unit: g/tIntercept: 9.25 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Garrison (Jonpol deposit)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
12.67
Grade Unit
g/t
Intercept
9.25 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
2026-05-14T00:00:00.000Z

Reasoning: A very high-grade gold sub-interval within the Garrison intercept further confirms strong mineralization.

Positive factors

  • Bonanza Intercept
  • Very high-grade gold sub-interval, indicating a rich zone.

Evidence · text

“including 12.67 g/t Au over 9.25 m”

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 6Garrison (Jonpol deposit) · goldGrade: 2.14Grade Unit: g/tIntercept: 33.86 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Garrison (Jonpol deposit)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
2.14
Grade Unit
g/t
Intercept
33.86 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
2026-05-14T00:00:00.000Z

Reasoning: Another drill intercept at Garrison shows good gold grades over a very wide interval, suggesting broad mineralization.

Positive factors

  • Good grade gold intercept over a very significant width, indicating broad mineralization.

Evidence · text

“another target yielding 2.14 g/t Au over 33.86 m”

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 7Garrison (Jonpol deposit) · goldGrade: 14.89Grade Unit: g/tIntercept: 2.33 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Garrison (Jonpol deposit)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
14.89
Grade Unit
g/t
Intercept
2.33 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
2026-05-14T00:00:00.000Z

Reasoning: A very high-grade gold sub-interval within the second Garrison intercept further confirms strong mineralization.

Positive factors

  • Bonanza Intercept
  • Very high-grade gold sub-interval, indicating a rich zone.

Evidence · text

“including 14.89 g/t Au over 2.33 m”

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

KLM26-001Mirado Mine (South Zone) · goldGrade: 5.66Grade Unit: g/tIntercept: 18.2 mView all details
Link to this fact

Identity

Hole ID
KLM26-001
Project
Mirado Mine (South Zone)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
5.66
Grade Unit
g/t
Intercept
18.2 m

Classification

Sample Type
drill

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Hole KLM26-001 at Mirado Mine returned high-grade gold over a good width, indicating strong mineralization in the South Zone.

Positive factors

  • High-grade gold intercept over a significant width, indicating strong mineralization.

Evidence · text

“Hole KLM26-001 highlights included 5.66 g/t Au over 18.2 m”

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

KLM26-001Mirado Mine (South Zone) · goldGrade: 23.03Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
KLM26-001
Project
Mirado Mine (South Zone)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
23.03
Grade Unit
g/t
Intercept
4.3 m

Classification

Sample Type
drill

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: A very high-grade gold sub-interval within KLM26-001 further highlights the bonanza grades at Mirado Mine.

Positive factors

  • Bonanza Intercept
  • Very high-grade gold sub-interval, indicating a rich zone.

Evidence · text

“including 23.03 g/t Au over 4.3 m”

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

KLM26-002Mirado Mine (South Zone) · goldGrade: 1.01Grade Unit: g/tIntercept: 121 mView all details
Link to this fact

Identity

Hole ID
KLM26-002
Project
Mirado Mine (South Zone)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
1.01
Grade Unit
g/t
Intercept
121 m
From
11 m
To
132 m
Intercept Depth
11 m

Classification

Sample Type
drill
Group ID
KLM26-002:11-132

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Hole KLM26-002 at Mirado Mine confirmed continuous gold mineralization over a very wide interval, indicating good continuity.

Positive factors

  • Good grade gold intercept over a very significant width, confirming continuous mineralization.

Evidence · text

“confirmed continuous mineralization with 1.01 g/t Au from 11.0 m to 132.0 m”

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

KLM26-002Mirado Mine (South Zone) · goldGrade: 7.41Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
KLM26-002
Project
Mirado Mine (South Zone)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
7.41
Grade Unit
g/t
Intercept
4.8 m
From
74.2 m
To
79 m
Intercept Depth
74.2 m

Classification

Sample Type
drill
Group ID
KLM26-002:74.2-79

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: A high-grade gold sub-interval within KLM26-002 further highlights the presence of richer zones at Mirado Mine.

Positive factors

  • High-grade gold sub-interval, indicating a rich zone within the broader mineralization.

Evidence · text

“including a high-grade interval of 7.41 g/t over 4.8 m from 74.2 m”

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

KLM26-004Mirado Mine (South Zone) · goldGrade: 39.35Grade Unit: g/tIntercept: 16.4 mView all details
Link to this fact

Identity

Hole ID
KLM26-004
Project
Mirado Mine (South Zone)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
39.35
Grade Unit
g/t
Intercept
16.4 m
From
53.6 m
To
70 m
Intercept Depth
53.6 m

Classification

Sample Type
drill
Group ID
KLM26-004:53.6-70

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Hole KLM26-004 at Mirado Mine returned an exceptional bonanza-grade gold intercept over a significant width, confirming strong mineralization and geological continuity in the South Zone.

Positive factors

  • Bonanza Intercept
  • Exceptional high-grade gold intercept over a significant width, confirming strong mineralization and geological continuity.

Evidence · text

“Hole KLM26-004 highlights included 39.35 g/t Au over 16.4m from 53.6 m to 70 m”

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

KLM26-004Mirado Mine (South Zone) · goldGrade: 106.9Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
KLM26-004
Project
Mirado Mine (South Zone)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
106.9
Grade Unit
g/t
Intercept
6 m

Classification

Sample Type
drill

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: An extremely high-grade gold sub-interval within KLM26-004 further highlights the presence of bonanza-grade shoots at Mirado Mine.

Positive factors

  • Bonanza Intercept
  • Extremely high-grade gold sub-interval, indicating a very rich zone.

Evidence · text

“including 106.9 g/t Au over 6.0 m”

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

KLM26-004Mirado Mine (South Zone) · goldGrade: 1670Grade Unit: g/tIntercept: 0.38 mView all details
Link to this fact

Identity

Hole ID
KLM26-004
Project
Mirado Mine (South Zone)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
1670
Grade Unit
g/t
Intercept
0.38 m

Classification

Sample Type
drill

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: An ultra-high-grade gold sub-interval within KLM26-004 confirms the presence of extremely rich, narrow veins at Mirado Mine.

Positive factors

  • Bonanza Intercept
  • Ultra-high-grade gold sub-interval, indicating a very rich, narrow vein.

Evidence · text

“and 1,670 g/t over 0.38 m”

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

KLM26-004Mirado Mine (South Zone) · goldGrade: 2.22Grade Unit: g/tIntercept: 26.1 mView all details
Link to this fact

Identity

Hole ID
KLM26-004
Project
Mirado Mine (South Zone)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
2.22
Grade Unit
g/t
Intercept
26.1 m
From
78.7 m
To
104.8 m
Intercept Depth
78.7 m

Classification

Sample Type
drill
Group ID
KLM26-004:78.7-104.8

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: A second significant gold intercept in KLM26-004 further demonstrates broad mineralization at Mirado Mine.

Positive factors

  • Good grade gold intercept over a significant width, indicating broad mineralization.

Evidence · text

“and 2.22 g/t Au over 26.1 m from 78.7 m to 104.8 m”

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

KLM26-004Mirado Mine (South Zone) · goldGrade: 3.75Grade Unit: g/tIntercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
KLM26-004
Project
Mirado Mine (South Zone)
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
MTA

Geometry

Grade
3.75
Grade Unit
g/t
Intercept
13.5 m

Classification

Sample Type
drill

Location

Location
South Zone
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: A high-grade gold sub-interval within the second intercept of KLM26-004 confirms richer zones at Mirado Mine.

Positive factors

  • High-grade gold sub-interval, indicating a richer zone within the broader mineralization.

Evidence · text

“including 3.75 g/t Au over 13.5 m”

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 (17)

probableTaca Taca · copperTonnes: 1990000000Grade: 0.42Grade Unit: %Contained Metal: 8429Contained Unit: ktView all details
Link to this fact

Identity

Project
Taca Taca
Commodity
copper
Region
argentina
Reported Region
Argentina
Ticker
MTA

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:5f7b6b80c855dc501607

Resource Data

Category
probable
Tonnes
1990000000
Grade
0.42
Grade Unit
%
Contained Metal
8429
Contained Unit
kt

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: The Taca Taca project reports substantial Proven and Probable Mineral Reserves for copper, supporting its development potential.

Positive factors

  • Large Proven and Probable Mineral Reserves for copper, indicating a significant and well-defined resource.
  • Estimate is NI 43-101 compliant and QP signed.

Evidence · text

“Proven and Probable Mineral Reserves total 1,990 Mt grading 0.42% copper”

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

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

probableTaca Taca · goldTonnes: 1990000000Grade: 0.09Grade Unit: g/tContained Metal: 5532Contained Unit: kozView all details
Link to this fact

Identity

Project
Taca Taca
Commodity
gold
Region
argentina
Reported Region
Argentina
Ticker
MTA

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:5f7b6b80c855dc501607

Resource Data

Category
probable
Tonnes
1990000000
Grade
0.09
Grade Unit
g/t
Contained Metal
5532
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Taca Taca also includes substantial Proven and Probable Mineral Reserves for gold, enhancing the project's overall value.

Positive factors

  • Significant Proven and Probable Mineral Reserves for gold, adding value to the project.
  • Estimate is NI 43-101 compliant and QP signed.

Evidence · text

“1,990 Mt grading ... 0.09 g/t gold, containing an estimated ... 5,532 koz 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

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

indicatedTaca Taca · copperTonnes: 2078000000Grade: 0.42Grade Unit: %Contained Metal: 8716Contained Unit: ktView all details
Link to this fact

Identity

Project
Taca Taca
Commodity
copper
Region
argentina
Reported Region
Argentina
Ticker
MTA

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:2f68a9ad041e65926d4d

Resource Data

Category
indicated
Tonnes
2078000000
Grade
0.42
Grade Unit
%
Contained Metal
8716
Contained Unit
kt

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: The Taca Taca project has extensive Measured and Indicated Mineral Resources for copper, indicating high geological confidence.

Positive factors

  • Large Measured and Indicated Mineral Resources for copper, providing a strong foundation for future reserve conversion.
  • Estimate is NI 43-101 compliant and QP signed.

Evidence · text

“Measured and Indicated Mineral Resources total 2,078 Mt grading 0.42% 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

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

indicatedTaca Taca · goldTonnes: 2078000000Grade: 0.09Grade Unit: g/tContained Metal: 5715Contained Unit: kozView all details
Link to this fact

Identity

Project
Taca Taca
Commodity
gold
Region
argentina
Reported Region
Argentina
Ticker
MTA

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:2f68a9ad041e65926d4d

Resource Data

Category
indicated
Tonnes
2078000000
Grade
0.09
Grade Unit
g/t
Contained Metal
5715
Contained Unit
koz

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Taca Taca's Measured and Indicated Mineral Resources also include a substantial gold component.

Positive factors

  • Significant Measured and Indicated Mineral Resources for gold, adding to the project's overall value.
  • Estimate is NI 43-101 compliant and QP signed.

Evidence · text

“2,078 Mt grading ... 0.09 g/t gold, containing an estimated ... 5,715 koz 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

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

probableTocantinzinho · goldTonnes: 49784000Grade: 1.17Grade Unit: g/tContained Metal: 1.87Contained Unit: mozView all details
Link to this fact

Identity

Project
Tocantinzinho
Commodity
gold
Region
brazil
Reported Region
Brazil
Ticker
MTA

Resource scope

Estimate type
reserve
Effective date
2026-03-12T00:00:00.000Z
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:deb116292e2032063493

Resource Data

Category
probable
Tonnes
49784000
Grade
1.17
Grade Unit
g/t
Contained Metal
1.87
Contained Unit
moz

Prior Estimate

Resource Date
2026-03-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Tocantinzinho reports good Proven and Probable gold reserves, supporting its production outlook.

Positive factors

  • Solid Proven and Probable Reserves for gold, indicating a robust mine plan.
  • QP signed for technical information.

Evidence · text

“Proven and Probable Reserves of 1.87 Moz of gold at a grade of 1.17 g/t contained in 49,784 kt”

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

QP/CP Signedpositive

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

indicatedTocantinzinho · goldTonnes: 47665000Grade: 1.25Grade Unit: g/tContained Metal: 1.92Contained Unit: mozView all details
Link to this fact

Identity

Project
Tocantinzinho
Commodity
gold
Region
brazil
Reported Region
Brazil
Ticker
MTA

Resource scope

Estimate type
resource
Effective date
2026-03-12T00:00:00.000Z
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:f2cb37f059291bf72ea8

Resource Data

Category
indicated
Tonnes
47665000
Grade
1.25
Grade Unit
g/t
Contained Metal
1.92
Contained Unit
moz

Prior Estimate

Resource Date
2026-03-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Tocantinzinho has significant Measured and Indicated gold resources, indicating good geological confidence.

Positive factors

  • Strong Measured and Indicated Resources for gold, providing a good base for future reserve conversion.
  • QP signed for technical information.

Evidence · text

“Measured and Indicated Resources of 1.92 Moz gold at a grade of 1.25 g/t within 47,665 kt”

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

QP/CP Signedpositive

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

probableWharf · goldTonnes: 55100000Grade: 0.71Grade Unit: g/tContained Metal: 1.25Contained Unit: mozView all details
Link to this fact

Identity

Project
Wharf
Commodity
gold
Region
usa
Reported Region
USA
Ticker
MTA

Resource scope

Estimate type
reserve
Effective date
2026-02-17T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:3019fb0a6ca2831bd225

Resource Data

Category
probable
Tonnes
55100000
Grade
0.71
Grade Unit
g/t
Contained Metal
1.25
Contained Unit
moz

Prior Estimate

Resource Date
2026-02-17

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Wharf's gold reserves saw a substantial increase, nearly doubling the mine life, which is a strong positive for the project.

Positive factors

  • Significant increase (65%) in Proven and Probable Mineral Reserves for gold, extending mine life.
  • Estimate is NI 43-101 compliant and QP signed.

Evidence · text

“Proven and Probable Mineral Reserves at Wharf increased by 65% to 1.25 Moz of gold at a grade of 0.71 g/t, contained within 55.1 Mt”

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

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: the source states a 65% increase in contained ounces

indicatedWharf · goldTonnes: 61800000Grade: 0.6Grade Unit: g/tContained Metal: 1.19Contained Unit: mozView all details
Link to this fact

Identity

Project
Wharf
Commodity
gold
Region
usa
Reported Region
USA
Ticker
MTA

Resource scope

Estimate type
resource
Effective date
2026-02-17T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:4d3d994a75fa198736bd

Resource Data

Category
indicated
Tonnes
61800000
Grade
0.6
Grade Unit
g/t
Contained Metal
1.19
Contained Unit
moz

Prior Estimate

Resource Date
2026-02-17

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Wharf reports good Measured and Indicated gold resources, supporting its long-term potential.

Positive factors

  • Solid Measured and Indicated Resources for gold, providing a good base for future conversion.
  • Estimate is NI 43-101 compliant and QP signed.

Evidence · text

“Measured and Indicated Resources of 1.19 Moz gold at a grade of 0.6 g/t, contained within 61.8 Mt”

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

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

inferredWharf · goldTonnes: 72900000Grade: 0.63Grade Unit: g/tContained Metal: 1.49Contained Unit: mozView all details
Link to this fact

Identity

Project
Wharf
Commodity
gold
Region
usa
Reported Region
USA
Ticker
MTA

Resource scope

Estimate type
resource
Effective date
2026-02-17T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:a54c7df4d61905f1c63d

Resource Data

Category
inferred
Tonnes
72900000
Grade
0.63
Grade Unit
g/t
Contained Metal
1.49
Contained Unit
moz

Prior Estimate

Resource Date
2026-02-17

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Wharf's Inferred gold resources provide upside potential for future resource conversion and mine expansion.

Positive factors

  • Significant Inferred Resources for gold, indicating potential for further growth and mine life extensions.
  • Estimate is NI 43-101 compliant and QP signed.

Evidence · text

“total Inferred resource estimate of 72.9 Mt at 0.63 g/t for 1.49 Moz 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

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

indicatedGurupi · goldTonnes: 43512000Grade: 1.31Grade Unit: g/tContained Metal: 1.83Contained Unit: mozView all details
Link to this fact

Identity

Project
Gurupi
Commodity
gold
Region
brazil
Reported Region
Brazil
Ticker
MTA

Resource scope

Estimate type
resource
Effective date
2026-03-12T00:00:00.000Z
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:5f35636ffe8e66417045

Resource Data

Category
indicated
Tonnes
43512000
Grade
1.31
Grade Unit
g/t
Contained Metal
1.83
Contained Unit
moz

Prior Estimate

Resource Date
2026-03-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Gurupi reports good Indicated gold resources, supporting its advancement through technical studies.

Positive factors

  • Solid Indicated Resources for gold, providing a good base for future studies.
  • QP signed for technical information.

Evidence · text

“Indicated Resources of 1.83 Moz gold at a grade of 1.31 g/t within 43,512 kt”

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

QP/CP Signedpositive

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

inferredGurupi · goldTonnes: 18518000Grade: 1.29Grade Unit: g/tContained Metal: 0.77Contained Unit: mozView all details
Link to this fact

Identity

Project
Gurupi
Commodity
gold
Region
brazil
Reported Region
Brazil
Ticker
MTA

Resource scope

Estimate type
resource
Effective date
2026-03-12T00:00:00.000Z
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:be8b9856e6b97ad4d9fa

Resource Data

Category
inferred
Tonnes
18518000
Grade
1.29
Grade Unit
g/t
Contained Metal
0.77
Contained Unit
moz

Prior Estimate

Resource Date
2026-03-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Gurupi's Inferred gold resources add to the project's overall potential.

Positive factors

  • Significant Inferred Resources for gold, indicating exploration potential.
  • QP signed for technical information.

Evidence · text

“Inferred Resources of 0.77 Moz gold at a grade of 1.29 g/t within 18,518 kt”

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

QP/CP Signedpositive

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

inferredJoaquin · silverTonnes: 45300000Grade: 85Grade Unit: g/tContained Metal: 123Contained Unit: mozView all details
Link to this fact

Identity

Project
Joaquin
Commodity
silver
Region
argentina
Reported Region
Argentina
Ticker
MTA

Resource scope

Estimate type
resource
Effective date
2026-03-17T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:0527b0ff819ff07c3c3a

Resource Data

Category
inferred
Tonnes
45300000
Grade
85
Grade Unit
g/t
Contained Metal
123
Contained Unit
moz

Prior Estimate

Resource Date
2026-03-17

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Joaquin reports substantial silver resources under JORC(2012) standards, supporting its development.

Positive factors

  • Large Indicated and Inferred Resources for silver, indicating significant potential.
  • Estimate is JORC(2012) compliant and QP signed.

Evidence · text

“Indicated and Inferred Resources of 45.3 Mt grading 85 g/t silver”

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

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredJoaquin · goldTonnes: 45300000Grade: 0.36Grade Unit: %Contained Metal: 522Contained Unit: kozView all details
Link to this fact

Identity

Project
Joaquin
Commodity
gold
Region
argentina
Reported Region
Argentina
Ticker
MTA

Resource scope

Estimate type
resource
Effective date
2026-03-17T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:0527b0ff819ff07c3c3a

Resource Data

Category
inferred
Tonnes
45300000
Grade
0.36
Grade Unit
%
Contained Metal
522
Contained Unit
koz

Prior Estimate

Resource Date
2026-03-17

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Joaquin also includes notable gold resources, contributing to its overall economic potential.

Positive factors

  • Significant Indicated and Inferred Resources for gold, adding to the project's value.
  • Estimate is JORC(2012) compliant and QP signed.

Evidence · text

“45.3 Mt grading ... 0.36% gold for ... 522 koz of 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

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedTower Mountain · goldTonnes: 34500000Grade: 0.46Grade Unit: g/tContained Metal: 514Contained Unit: kozView all details
Link to this fact

Identity

Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
Ontario, Canada
Ticker
MTA

Resource scope

Estimate type
resource
Effective date
2026-01-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:087577589d896d715733

Resource Data

Category
indicated
Tonnes
34500000
Grade
0.46
Grade Unit
g/t
Contained Metal
514
Contained Unit
koz

Prior Estimate

Resource Date
2026-01-26

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Tower Mountain reports a good Indicated gold resource, supporting its potential for a Preliminary Economic Assessment.

Positive factors

  • Solid Indicated Mineral Resource for gold, providing a good base for future economic assessment.
  • Estimate is NI 43-101 compliant and QP signed.

Evidence · text

“Indicated Mineral Resource of 34.5 Mt averaging 0.46 g/t gold for a total of 514 koz 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

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

inferredTower Mountain · goldTonnes: 211100000Grade: 0.45Grade Unit: g/tContained Metal: 3.05Contained Unit: mozView all details
Link to this fact

Identity

Project
Tower Mountain
Commodity
gold
Region
canada_on
Reported Region
Ontario, Canada
Ticker
MTA

Resource scope

Estimate type
resource
Effective date
2026-01-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:5f6274d1696f2aae3e56

Resource Data

Category
inferred
Tonnes
211100000
Grade
0.45
Grade Unit
g/t
Contained Metal
3.05
Contained Unit
moz

Prior Estimate

Resource Date
2026-01-26

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Tower Mountain has a substantial Inferred gold resource, suggesting considerable long-term potential.

Positive factors

  • Very large Inferred Mineral Resource for gold, indicating significant exploration upside.
  • Estimate is NI 43-101 compliant and QP signed.

Evidence · text

“Inferred Mineral Resource of 211.1 Mt averaging 0.45 g/t gold for a total of 3.05 Moz 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

QP/CP Signedpositive

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 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

indicatedCôté-Gosselin · goldContained Metal: 18.2Contained Unit: mozView all details
Link to this fact

Identity

Project
Côté-Gosselin
Commodity
gold
Region
canada_on
Reported Region
Ontario, Canada
Ticker
MTA

Resource scope

Estimate type
resource
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:75e13754d1f473390f75

Resource Data

Category
indicated
Contained Metal
18.2
Contained Unit
moz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Côté-Gosselin reports a substantial Measured and Indicated gold resource, though full details on tonnes and grade are not provided in this summary.

Positive factors

  • Very large Measured and Indicated Mineral Resources for gold, indicating a significant project.
  • QP signed for technical information.

Negative factors

  • Contained metal reported without explicit tonnes or grade, limiting full assessment.

Evidence · text

“18.2 million ounces Measured and Indicated Mineral Resources”

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

QP/CP Signedpositive

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

inferredCôté-Gosselin · goldContained Metal: 2.2Contained Unit: mozView all details
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Identity

Project
Côté-Gosselin
Commodity
gold
Region
canada_on
Reported Region
Ontario, Canada
Ticker
MTA

Resource scope

Estimate type
resource
QP Signed
Yes
Qualified person names
Charles Beaudry
Resource group id
resource:b6f9cf7ad97790f13992

Resource Data

Category
inferred
Contained Metal
2.2
Contained Unit
moz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Côté-Gosselin also has notable Inferred gold resources, suggesting upside potential, but detailed figures are not provided.

Positive factors

  • Significant Inferred Mineral Resources for gold, indicating further exploration potential.
  • QP signed for technical information.

Negative factors

  • Contained metal reported without explicit tonnes or grade, limiting full assessment.

Evidence · text

“2.2 million ounces Inferred Mineral Resources”

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

QP/CP Signedpositive

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

Metallurgical Results (1)

metallurgical test work studiesPlomosas · silverView all details
Link to this fact

Identity

Project
Plomosas
Commodity
silver
Region
mexico
Reported Region
Mexico
Ticker
MTA

Test Work

Program Status
preliminary
Test Type
metallurgical test work studies

Reagents

Reagent Notes
no concerns over potential penalties or deleterious elements

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Metallurgical test work at Plomosas yielded positive results, producing commercially acceptable concentrates without penalty elements, which is a good de-risking step for the project.

Positive factors

  • Clean Ore
  • Positive metallurgical test work results, indicating concentrates meet commercial specifications.
  • No deleterious elements or penalty concerns identified.

Evidence · text

“positive results from its metallurgical test work studies conducted as part of the Bulk Sampling Test Mining (" BSTM ") program at Plomosas. Sampled and composite feed grades in zones targeted for the BSTM in the historical Plomosas Mine produced concentrates that were within acceptable commercial specifications with no concerns over potential penalties or deleterious elements.”

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.