# METALLA REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2026 AND PROVIDES ASSET UPDATES

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff

Original source: https://money.tmx.com/en/quote/MTA/news/8656964510760307/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass

Publisher: tmx

Original announcement: 2026-05-14T20:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Metalla Royalty & Streaming Ltd.

- Ticker: MTA

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: Copper, Silver, Zinc, Lead, Nickel

- Document categories: Resource update, Production, Economic study, Drill results, Metallurgy, Other

- Extracted: 2026-09-18 10:53:36 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Strong Q1 2026 financial performance with significant increases in Adjusted EBITDA and net income.

- Positive factor: Solid GEO production from royalty interests.

- Positive factor: Positive resource updates for Taca Taca, Tocantinzinho, Wharf, Gurupi, Joaquin, and Tower Mountain.

- Positive factor: High-grade drill intercepts reported at La Parrilla, Garrison, and Mirado Mine.

- Positive factor: Significant progress on economic studies and permitting for key development projects like Taca Taca and 15-Mile.

- Positive factor: QP sign-off for technical information in the news release.

- Negative factor: Some resource updates provide contained metal without explicit tonnes or grades \(Côté-Gosselin\).

- Negative factor: 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 Update**

Polarity: neutral

Definition: 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 Route**

Polarity: neutral

Definition: 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-26-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-34)

La Parrilla mining complex · silver

#### 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 factor: Bonanza Intercept

- Positive factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### IDP-SN-26-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-35)

La Parrilla mining complex · silver

#### 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 factor: Bonanza Intercept

- Positive factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### IDP-SN-26-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-36)

La Parrilla mining complex · silver

#### 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 factor: Bonanza Intercept

- Positive factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 4

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-37)

Garrison \(Jonpol deposit\) · gold

Needs review: drill\_no\_hole\_id

#### 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 factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 5

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-38)

Garrison \(Jonpol deposit\) · gold

Needs review: drill\_no\_hole\_id

#### 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 factor: Bonanza Intercept

- Positive factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 6

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-39)

Garrison \(Jonpol deposit\) · gold

Needs review: drill\_no\_hole\_id

#### 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 factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 7

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-40)

Garrison \(Jonpol deposit\) · gold

Needs review: drill\_no\_hole\_id

#### 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 factor: Bonanza Intercept

- Positive factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### KLM26-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-41)

Mirado Mine \(South Zone\) · gold

#### 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 factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### KLM26-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-42)

Mirado Mine \(South Zone\) · gold

#### 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 factor: Bonanza Intercept

- Positive factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### KLM26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-43)

Mirado Mine \(South Zone\) · gold

#### 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 factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### KLM26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-44)

Mirado Mine \(South Zone\) · gold

#### 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 factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### KLM26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-45)

Mirado Mine \(South Zone\) · gold

#### 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 factor: Bonanza Intercept

- Positive factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### KLM26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-46)

Mirado Mine \(South Zone\) · gold

#### 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 factor: Bonanza Intercept

- Positive factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### KLM26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-47)

Mirado Mine \(South Zone\) · gold

#### 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 factor: Bonanza Intercept

- Positive factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### KLM26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-48)

Mirado Mine \(South Zone\) · gold

#### 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 factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### KLM26-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-drill-facts-49)

Mirado Mine \(South Zone\) · gold

#### 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 factor: 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 Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

## Resource Estimates (17)

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-14)

Taca Taca · copper

#### 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 factor: Large Proven and Probable Mineral Reserves for copper, indicating a significant and well-defined resource.

- Positive factor: 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 Reserve**

Polarity: positive

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

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-15)

Taca Taca · gold

#### 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 factor: Significant Proven and Probable Mineral Reserves for gold, adding value to the project.

- Positive factor: 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 Reserve**

Polarity: positive

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

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-16)

Taca Taca · copper

#### 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 factor: Large Measured and Indicated Mineral Resources for copper, providing a strong foundation for future reserve conversion.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-17)

Taca Taca · gold

#### 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 factor: Significant Measured and Indicated Mineral Resources for gold, adding to the project's overall value.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-18)

Tocantinzinho · gold

#### 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 factor: Solid Proven and Probable Reserves for gold, indicating a robust mine plan.

- Positive factor: 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 Reserve**

Polarity: positive

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

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-19)

Tocantinzinho · gold

#### 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 factor: Strong Measured and Indicated Resources for gold, providing a good base for future reserve conversion.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-20)

Wharf · gold

#### 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 factor: Significant increase \(65%\) in Proven and Probable Mineral Reserves for gold, extending mine life.

- Positive factor: 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 Reserve**

Polarity: positive

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

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

**Contained Metal Growth**

Polarity: positive

Definition: 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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-21)

Wharf · gold

#### 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 factor: Solid Measured and Indicated Resources for gold, providing a good base for future conversion.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-22)

Wharf · gold

#### 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 factor: Significant Inferred Resources for gold, indicating potential for further growth and mine life extensions.

- Positive factor: 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 Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-23)

Gurupi · gold

#### 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 factor: Solid Indicated Resources for gold, providing a good base for future studies.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-24)

Gurupi · gold

#### 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 factor: Significant Inferred Resources for gold, indicating exploration potential.

- Positive factor: 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 Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-25)

Joaquin · silver

#### 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 factor: Large Indicated and Inferred Resources for silver, indicating significant potential.

- Positive factor: 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 Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-26)

Joaquin · gold

#### 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 factor: Significant Indicated and Inferred Resources for gold, adding to the project's value.

- Positive factor: 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 Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-27)

Tower Mountain · gold

#### 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 factor: Solid Indicated Mineral Resource for gold, providing a good base for future economic assessment.

- Positive factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-28)

Tower Mountain · gold

#### 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 factor: Very large Inferred Mineral Resource for gold, indicating significant exploration upside.

- Positive factor: 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 Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-29)

Côté-Gosselin · gold

#### 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 factor: Very large Measured and Indicated Mineral Resources for gold, indicating a significant project.

- Positive factor: QP signed for technical information.

- Negative factor: 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 Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-resource-facts-30)

Côté-Gosselin · gold

#### 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 factor: Significant Inferred Mineral Resources for gold, indicating further exploration potential.

- Positive factor: QP signed for technical information.

- Negative factor: 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 Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

## Metallurgical Results (1)

### metallurgical test work studies

[Link to this fact](https://atlas-extractions.minestarters.com/news/metalla-reports-financial-results-for-the-first-quarter-of-2026-and-provides-ass--3ad871d8-7c0f-4d46-a1fc-8bfaacd815ff#fact-metallurgical-facts-50)

Plomosas · silver

#### 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 factor: Clean Ore

- Positive factor: Positive metallurgical test work results, indicating concentrates meet commercial specifications.

- Positive factor: 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.