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
- Silver, Copper, Zinc, Lead
- Document categories
- Production, Resource update, Drill results, Metallurgy, Economic study, Permitting, Agreement transaction
- Extracted
- 2026-09-18 10:51:05 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. The company received or accrued payments on 660 attributable Gold Equivalent Ounces (GEOs) at an average realized price of $4,871 per GEO. Metalla also provided extensive asset updates, highlighting significant resource estimates for projects like Taca Taca and Joaquin, high-grade drill results from La Parrilla and Mirado Mine, and progress on economic studies and permitting for several development-stage assets.
Reasoning: Metalla reported strong financial results for Q1 2026, including a 115% increase in Adjusted EBITDA and a return to net income, driven by its royalty and streaming portfolio. The company also provided numerous positive asset updates, including significant resource estimates, high-grade drill results, and progress on economic studies and permitting for key development projects.
Positive factors
- Significant increase in Adjusted EBITDA and return to net income
- Strong operating cash margin per attributable GEO
- Advancement of key development assets towards production and milestones
- Multiple updated resource estimates showing significant contained metal
- High-grade drill intercepts reported from several projects
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 71
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")
Single Domain Onlynegative
Testing limited to one composite or domain — representativeness not established.
Why it applies: only one composite was tested
Extracted facts
Stored fact records: 36. Some facts used in scoring do not have a stored record.
Drill Results (18)
IDP-SN-26-001La ParrillaIntercept: 3.6 mView all detailsHide details
Identity
- Hole ID
- IDP-SN-26-001
- Project
- La Parrilla
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Intercept
- 3.6 m
Classification
- Sample Type
- drill
- Group ID
- IDP-SN-26-001:null-null
Location
- Location
- San Nicolas zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Metal Equivalent
- Metal Eq. Grade
- 473
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Hole IDP-SN-26-001 returned a high-grade silver equivalent intercept over a significant width, confirming the presence of high-grade mineralization in the San Nicolas zone.
Positive factors
- High-grade silver equivalent intercept
- Confirms presence of high-grade mineralization
Negative factors
- Metal equivalent assumptions not disclosed
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 473 g/t AgEq over 3.60 m is an exceptionally high-grade intercept for silver.
Evidence · text
“473 g/t AgEq over 3.60 m”
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.
Why it applies: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Evidence · text
“473 g/t AgEq over 3.60 m”
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 ParrillaIntercept: 1.65 mView all detailsHide details
Identity
- Hole ID
- IDP-SN-26-001
- Project
- La Parrilla
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Intercept
- 1.65 m
Classification
- Sample Type
- drill
- Group ID
- IDP-SN-26-001:null-null
Location
- Location
- San Nicolas zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Metal Equivalent
- Metal Eq. Grade
- 740
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Hole IDP-SN-26-001 included an exceptionally high-grade silver equivalent intercept, further highlighting the strong mineralization in the San Nicolas zone.
Positive factors
- Exceptional high-grade silver equivalent intercept
- Confirms presence of high-grade mineralization
Negative factors
- Metal equivalent assumptions not disclosed
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 740 g/t AgEq over 1.65 m is an exceptionally high-grade intercept for silver.
Evidence · text
“740 g/t AgEq over 1.65 m”
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.
Why it applies: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Evidence · text
“740 g/t AgEq over 1.65 m”
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 ParrillaIntercept: 0.9 mView all detailsHide details
Identity
- Hole ID
- IDP-SN-26-001
- Project
- La Parrilla
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Intercept
- 0.9 m
Classification
- Sample Type
- drill
- Group ID
- IDP-SN-26-001:null-null
Location
- Location
- San Nicolas zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Metal Equivalent
- Metal Eq. Grade
- 527
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Hole IDP-SN-26-001 also included another high-grade silver equivalent intercept, reinforcing the strong mineralization in the San Nicolas zone.
Positive factors
- High-grade silver equivalent intercept
- Confirms presence of high-grade mineralization
Negative factors
- Metal equivalent assumptions not disclosed
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 527 g/t AgEq over 0.90 m is an exceptionally high-grade intercept for silver.
Evidence · text
“527 g/t AgEq over 0.90 m”
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.
Why it applies: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Evidence · text
“527 g/t AgEq over 0.90 m”
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 · goldGrade: 6.03Grade Unit: g/tIntercept: 22.25 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Garrison
- Commodity
- gold
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 6.03
- Grade Unit
- g/t
- Intercept
- 22.25 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- Jonpol deposit
- Loc. Source
- document
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's Jonpol deposit returned high-grade gold over a significant width, supporting the potential for strike extension of the mineralization.
Positive factors
- High-grade gold intercept over significant width
- Supports strike extension of mineralization
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 6.03 g/t Au over 22.25 m is an exceptionally high-grade intercept for gold.
Evidence · text
“6.03 g/t Au over 22.25 m”
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 · goldGrade: 12.67Grade Unit: g/tIntercept: 9.25 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Garrison
- Commodity
- gold
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 12.67
- Grade Unit
- g/t
- Intercept
- 9.25 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- Jonpol deposit
- Loc. Source
- document
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: An included interval within the Garrison drill result showed exceptionally high-grade gold, further confirming strong mineralization.
Positive factors
- Exceptional high-grade gold intercept
- Confirms strong mineralization within the broader intercept
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 12.67 g/t Au over 9.25 m is an exceptionally high-grade intercept for gold.
Evidence · text
“12.67 g/t Au over 9.25 m”
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 · goldGrade: 2.14Grade Unit: g/tIntercept: 33.86 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Garrison
- Commodity
- gold
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 2.14
- Grade Unit
- g/t
- Intercept
- 33.86 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- Jonpol deposit
- Loc. Source
- document
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's Jonpol deposit returned strong gold grades over a significant width, further supporting the potential for strike extension.
Positive factors
- Strong gold intercept over significant width
- Supports strike extension of mineralization
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 · goldGrade: 14.89Grade Unit: g/tIntercept: 2.33 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Garrison
- Commodity
- gold
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 14.89
- Grade Unit
- g/t
- Intercept
- 2.33 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- Jonpol deposit
- Loc. Source
- document
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: An included interval within the Garrison drill result showed exceptionally high-grade gold, further confirming strong mineralization.
Positive factors
- Exceptional high-grade gold intercept
- Confirms strong mineralization within the broader intercept
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 14.89 g/t Au over 2.33 m is an exceptionally high-grade intercept for gold.
Evidence · text
“14.89 g/t Au over 2.33 m”
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 8Garrison · goldGrade: 9.22Grade Unit: g/tIntercept: 5.85 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Garrison
- Commodity
- gold
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 9.22
- Grade Unit
- g/t
- Intercept
- 5.85 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- Jonpol deposit
- Loc. Source
- document
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: An initial assay from Garrison's Jonpol deposit returned high-grade gold, supporting the western strike extension of the mineralization.
Positive factors
- High-grade gold intercept
- Supports western strike extension
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 9.22 g/t Au over 5.85 m is an exceptionally high-grade intercept for gold.
Evidence · text
“9.22 g/t Au over 5.85 m”
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 9Garrison · goldGrade: 1.46Grade Unit: g/tIntercept: 22.65 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Garrison
- Commodity
- gold
- Region
- canada
- Reported Region
- canada
- Ticker
- MTA
Geometry
- Grade
- 1.46
- Grade Unit
- g/t
- Intercept
- 22.65 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- Jonpol deposit
- Loc. Source
- document
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 initial assay from Garrison's Jonpol deposit returned strong gold grades over a significant width, supporting the western strike extension of the mineralization.
Positive factors
- Strong gold intercept over significant width
- Supports western strike extension
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 · goldGrade: 5.66Grade Unit: g/tIntercept: 18.2 mView all detailsHide details
Identity
- Hole ID
- KLM26-001
- Project
- Mirado Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- canada_on
- Ticker
- MTA
Geometry
- Grade
- 5.66
- Grade Unit
- g/t
- Intercept
- 18.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KLM26-001:null-null
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 a high-grade gold intercept over a significant width, contributing to the ongoing resource update program.
Positive factors
- High-grade gold intercept over significant width
- Part of a program designed for resource update
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 5.66 g/t Au over 18.2 m is an exceptionally high-grade intercept for gold.
Evidence · text
“5.66 g/t Au over 18.2 m”
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 · goldGrade: 23.03Grade Unit: g/tIntercept: 4.3 mView all detailsHide details
Identity
- Hole ID
- KLM26-001
- Project
- Mirado Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- canada_on
- Ticker
- MTA
Geometry
- Grade
- 23.03
- Grade Unit
- g/t
- Intercept
- 4.3 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- KLM26-001:null-null
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 included interval within Hole KLM26-001 showed exceptionally high-grade gold, further confirming strong mineralization at Mirado Mine.
Positive factors
- Exceptional high-grade gold intercept
- Confirms strong mineralization within the broader intercept
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 23.03 g/t Au over 4.3 m is an exceptionally high-grade intercept for gold.
Evidence · text
“23.03 g/t Au over 4.3 m”
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 · goldGrade: 1.01Grade Unit: g/tIntercept: 121 mView all detailsHide details
Identity
- Hole ID
- KLM26-002
- Project
- Mirado Mine
- 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
- Program
- exploration
- 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, a step-out hole, confirmed continuous mineralization over a very significant width in the South Zone at Mirado Mine, indicating good continuity.
Positive factors
- Confirms continuous mineralization over a very significant width
- Step-out drilling extends known mineralization
Tags used in scoring
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The second drill hole, targeting the South Zone at Mirado, stepped out 75 m southeast of KLM26-001 and confirmed continuous mineralization
Evidence · text
“stepped out 75 m southeast of KLM26-001 and confirmed continuous mineralization”
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 · goldGrade: 7.41Grade Unit: g/tIntercept: 4.8 mView all detailsHide details
Identity
- Hole ID
- KLM26-002
- Project
- Mirado Mine
- 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
- Program
- exploration
- 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: An included high-grade interval within Hole KLM26-002 further confirmed strong mineralization in the South Zone at Mirado Mine.
Positive factors
- High-grade gold intercept within a broader zone
- Confirms strong mineralization
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 7.41 g/t over 4.8 m is an exceptionally high-grade intercept for gold.
Evidence · text
“7.41 g/t over 4.8 m”
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 · goldGrade: 39.35Grade Unit: g/tIntercept: 16.4 mView all detailsHide details
Identity
- Hole ID
- KLM26-004
- Project
- Mirado Mine
- 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
- Program
- exploration
- 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 exceptionally high-grade gold intercept over a significant width, confirming lateral continuity of the South Zone mineralized system.
Positive factors
- Exceptional high-grade gold intercept over significant width
- Confirms lateral continuity of mineralization
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 39.35 g/t Au over 16.4m is an exceptionally high-grade intercept for gold.
Evidence · text
“39.35 g/t Au over 16.4m”
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 · goldGrade: 106.9Grade Unit: g/tIntercept: 6 mView all detailsHide details
Identity
- Hole ID
- KLM26-004
- Project
- Mirado Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- canada_on
- Ticker
- MTA
Geometry
- Grade
- 106.9
- Grade Unit
- g/t
- Intercept
- 6 m
Classification
- Program
- exploration
- 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: An included interval within Hole KLM26-004 showed an extremely high-grade gold intercept, demonstrating the presence of bonanza-grade shoots within the South Zone.
Positive factors
- Extremely high-grade gold intercept
- Confirms presence of high-grade shoots
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 106.9 g/t Au over 6.0 m is an exceptionally high-grade intercept for gold.
Evidence · text
“106.9 g/t Au over 6.0 m”
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 · goldGrade: 1670Grade Unit: g/tIntercept: 0.38 mView all detailsHide details
Identity
- Hole ID
- KLM26-004
- Project
- Mirado Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- canada_on
- Ticker
- MTA
Geometry
- Grade
- 1670
- Grade Unit
- g/t
- Intercept
- 0.38 m
Classification
- Program
- exploration
- 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: An included interval within Hole KLM26-004 showed an ultra-high-grade gold intercept, providing strong evidence of bonanza-grade shoots within the South Zone.
Positive factors
- Ultra-high-grade gold intercept
- Confirms presence of bonanza-grade shoots
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 1,670 g/t over 0.38 m is an exceptionally high-grade intercept for gold.
Evidence · text
“1,670 g/t over 0.38 m”
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 · goldGrade: 2.22Grade Unit: g/tIntercept: 26.1 mView all detailsHide details
Identity
- Hole ID
- KLM26-004
- Project
- Mirado Mine
- 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
- Program
- exploration
- 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: Another strong gold intercept over a significant width in Hole KLM26-004 further confirms the lateral continuity of the South Zone mineralized system at Mirado Mine.
Positive factors
- Strong gold intercept over significant width
- Confirms lateral continuity of mineralization
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 · goldGrade: 3.75Grade Unit: g/tIntercept: 13.5 mView all detailsHide details
Identity
- Hole ID
- KLM26-004
- Project
- Mirado Mine
- Commodity
- gold
- Region
- canada_on
- Reported Region
- canada_on
- Ticker
- MTA
Geometry
- Grade
- 3.75
- Grade Unit
- g/t
- Intercept
- 13.5 m
Classification
- Program
- exploration
- 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: An included high-grade interval within Hole KLM26-004 further confirmed strong mineralization in the South Zone at Mirado Mine.
Positive factors
- High-grade gold intercept within a broader zone
- Confirms strong mineralization
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 3.75 g/t Au over 13.5 m is an exceptionally high-grade intercept for gold.
Evidence · text
“3.75 g/t Au over 13.5 m”
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 detailsHide details
Identity
- Project
- Taca Taca
- Commodity
- copper
- Ticker
- MTA
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- 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: Taca Taca reported substantial Proven and Probable Mineral Reserves for copper, indicating a robust and high-confidence resource base for future development.
Positive factors
- Large Proven and Probable Mineral Reserves for copper
- High confidence in the reserve estimate (NI 43-101 compliant)
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: Proven and Probable Mineral Reserves total 1,990 Mt grading 0.42% copper and 0.09 g/t gold
Evidence · text
“Proven and Probable Mineral Reserves total 1,990 Mt grading 0.42% copper and 0.09 g/t gold”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: updated technical report for the Taca Taca project prepared in accordance with NI 43-101
Evidence · text
“updated technical report for the Taca Taca project prepared in accordance with NI 43-101”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
probableTaca Taca · goldTonnes: 1990000000Grade: 0.09Grade Unit: g/tContained Metal: 5532Contained Unit: kozView all detailsHide details
Identity
- Project
- Taca Taca
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- 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 reported significant Proven and Probable Mineral Reserves for gold, adding to the project's overall value and confidence.
Positive factors
- Significant Proven and Probable Mineral Reserves for gold
- High confidence in the reserve estimate (NI 43-101 compliant)
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: Proven and Probable Mineral Reserves total 1,990 Mt grading 0.42% copper and 0.09 g/t gold
Evidence · text
“Proven and Probable Mineral Reserves total 1,990 Mt grading 0.42% copper and 0.09 g/t gold”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: updated technical report for the Taca Taca project prepared in accordance with NI 43-101
Evidence · text
“updated technical report for the Taca Taca project prepared in accordance with NI 43-101”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedTaca Taca · copperTonnes: 2078000000Grade: 0.42Grade Unit: %Contained Metal: 8716Contained Unit: ktView all detailsHide details
Identity
- Project
- Taca Taca
- Commodity
- copper
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- 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: Taca Taca reported substantial Measured and Indicated Mineral Resources for copper, providing a strong foundation for economic studies and development.
Positive factors
- Large Measured and Indicated Mineral Resources for copper
- High confidence in the resource estimate (NI 43-101 compliant)
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: Measured and Indicated Mineral Resources total 2,078 Mt grading 0.42% copper and 0.09 g/t gold
Evidence · text
“Measured and Indicated Mineral Resources total 2,078 Mt grading 0.42% copper and 0.09 g/t gold”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: updated technical report for the Taca Taca project prepared in accordance with NI 43-101
Evidence · text
“updated technical report for the Taca Taca project prepared in accordance with NI 43-101”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedTaca Taca · goldTonnes: 2078000000Grade: 0.09Grade Unit: g/tContained Metal: 5715Contained Unit: kozView all detailsHide details
Identity
- Project
- Taca Taca
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- 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 reported significant Measured and Indicated Mineral Resources for gold, further enhancing the project's overall value.
Positive factors
- Significant Measured and Indicated Mineral Resources for gold
- High confidence in the resource estimate (NI 43-101 compliant)
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: Measured and Indicated Mineral Resources total 2,078 Mt grading 0.42% copper and 0.09 g/t gold
Evidence · text
“Measured and Indicated Mineral Resources total 2,078 Mt grading 0.42% copper and 0.09 g/t gold”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: updated technical report for the Taca Taca project prepared in accordance with NI 43-101
Evidence · text
“updated technical report for the Taca Taca project prepared in accordance with NI 43-101”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
probableTocantinzinho · goldTonnes: 49784000Grade: 1.17Grade Unit: g/tContained Metal: 1.87Contained Unit: mozView all detailsHide details
Identity
- Project
- Tocantinzinho
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- reserve
- Resource group id
- resource:694a0d64fffe03f0bfd7
Resource Data
- Category
- probable
- Tonnes
- 49784000
- Grade
- 1.17
- Grade Unit
- g/t
- Contained Metal
- 1.87
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Tocantinzinho reported substantial Proven and Probable Reserves for gold, indicating a strong and reliable resource base.
Positive factors
- Significant Proven and Probable Reserves for gold
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: Proven and Probable Reserves of 1.87 Moz of gold at a grade of 1.17 g/t contained in 49,784 kt
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”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedTocantinzinho · goldTonnes: 47665000Grade: 1.25Grade Unit: g/tContained Metal: 1.92Contained Unit: mozView all detailsHide details
Identity
- Project
- Tocantinzinho
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:cffc56a71aa602d7ac76
Resource Data
- Category
- indicated
- Tonnes
- 47665000
- Grade
- 1.25
- Grade Unit
- g/t
- Contained Metal
- 1.92
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Tocantinzinho reported significant Measured and Indicated Resources for gold, providing a strong base for future mine planning.
Positive factors
- Significant Measured and Indicated Resources for 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: Measured and Indicated Resources of 1.92 Moz gold at a grade of 1.25 g/t within 47,665 kt
Evidence · text
“Measured and Indicated Resources of 1.92 Moz gold at a grade of 1.25 g/t within 47,665 kt”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
probableWharf · goldTonnes: 55100000Grade: 0.71Grade Unit: g/tContained Metal: 1.25Contained Unit: mozView all detailsHide details
Identity
- Project
- Wharf
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- Resource group id
- resource:342b44e18c250c77e978
Resource Data
- Category
- probable
- Tonnes
- 55100000
- Grade
- 0.71
- Grade Unit
- g/t
- Contained Metal
- 1.25
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Wharf reported a substantial 65% increase in Proven and Probable Mineral Reserves, nearly doubling the mine life and indicating significant project de-risking.
Positive factors
- Proven and Probable Mineral Reserves increased significantly
- Mine life nearly doubled
- High confidence in the reserve estimate (NI 43-101 compliant)
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: 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
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”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: updated NI 43-101 compliant technical report for Wharf
Evidence · text
“updated NI 43-101 compliant technical report for Wharf”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedWharf · goldTonnes: 61800000Grade: 0.6Grade Unit: g/tContained Metal: 1.19Contained Unit: mozView all detailsHide details
Identity
- Project
- Wharf
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:08c0e398b9be33d53b24
Resource Data
- Category
- indicated
- Tonnes
- 61800000
- Grade
- 0.6
- Grade Unit
- g/t
- Contained Metal
- 1.19
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Wharf reported significant Measured and Indicated Resources for gold, providing a strong base for future mine planning and potential extensions.
Positive factors
- Significant Measured and Indicated Resources for gold
- High confidence in the resource estimate (NI 43-101 compliant)
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: Measured and Indicated Resources of 1.19 Moz gold at a grade of 0.6 g/t, contained within 61.8 Mt
Evidence · text
“Measured and Indicated Resources of 1.19 Moz gold at a grade of 0.6 g/t, contained within 61.8 Mt”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: updated NI 43-101 compliant technical report for Wharf
Evidence · text
“updated NI 43-101 compliant technical report for Wharf”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredWharf · goldTonnes: 72900000Grade: 0.63Grade Unit: g/tContained Metal: 1.49Contained Unit: mozView all detailsHide details
Identity
- Project
- Wharf
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:0ef9ac7663e1877e2282
Resource Data
- Category
- inferred
- Tonnes
- 72900000
- Grade
- 0.63
- Grade Unit
- g/t
- Contained Metal
- 1.49
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Wharf reported a substantial Inferred Resource, indicating significant potential for future mine life extensions and exploration upside.
Positive factors
- Significant Inferred Resource provides potential for future mine life extensions
- High confidence in the resource estimate (NI 43-101 compliant)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: total Inferred resource estimate of 72.9 Mt at 0.63 g/t for 1.49 Moz gold
Evidence · text
“total Inferred resource estimate of 72.9 Mt at 0.63 g/t for 1.49 Moz gold”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: updated NI 43-101 compliant technical report for Wharf
Evidence · text
“updated NI 43-101 compliant technical report for Wharf”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedCôté-Gosselin · goldContained Metal: 18.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Côté-Gosselin
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- 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 reported very large Measured and Indicated Mineral Resources for gold, indicating a significant and high-confidence resource base.
Positive factors
- Very large Measured and Indicated Mineral Resources for 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: 18.2 million ounces Measured and Indicated Mineral Resources
Evidence · text
“18.2 million ounces Measured and Indicated Mineral Resources”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredCôté-Gosselin · goldContained Metal: 2.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Côté-Gosselin
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- 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 reported significant Inferred Mineral Resources for gold, indicating further exploration potential.
Positive factors
- Significant Inferred Mineral Resources for 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: 2.2 million ounces Inferred Mineral Resources
Evidence · text
“2.2 million ounces Inferred Mineral Resources”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredJoaquin · silverTonnes: 45300000Grade: 85Grade Unit: g/tContained Metal: 123Contained Unit: mozView all detailsHide details
Identity
- Project
- Joaquin
- Commodity
- silver
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:946107953f6710222b06
Resource Data
- Category
- inferred
- Tonnes
- 45300000
- Grade
- 85
- Grade Unit
- g/t
- Contained Metal
- 123
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Joaquin reported substantial Indicated and Inferred Resources for silver, establishing a significant resource base under JORC(2012) standards.
Positive factors
- Significant Indicated and Inferred Resources for silver
- JORC(2012) compliant estimate
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Indicated and Inferred Resources of 45.3 Mt grading 85 g/t silver and 0.36% gold for 123 Moz of silver
Evidence · text
“Indicated and Inferred Resources of 45.3 Mt grading 85 g/t silver and 0.36% gold for 123 Moz of silver”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: JORC(2012) Mineral Resource Estimate for Joaquin
Evidence · text
“JORC(2012) Mineral Resource Estimate for Joaquin”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredJoaquin · goldTonnes: 45300000Grade: 0.36Grade Unit: %Contained Metal: 522Contained Unit: kozView all detailsHide details
Identity
- Project
- Joaquin
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:946107953f6710222b06
Resource Data
- Category
- inferred
- Tonnes
- 45300000
- Grade
- 0.36
- Grade Unit
- %
- Contained Metal
- 522
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Joaquin reported significant Indicated and Inferred Resources for gold, adding to the project's overall value under JORC(2012) standards.
Positive factors
- Significant Indicated and Inferred Resources for gold
- JORC(2012) compliant estimate
Tags used in scoring
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: JORC(2012) Mineral Resource Estimate for Joaquin
Evidence · text
“JORC(2012) Mineral Resource Estimate for Joaquin”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Inferred ResourceRejected · negative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Reason: Indicated and Inferred Resources of 45.3 Mt grading 85 g/t silver and 0.36% gold for 522 koz of gold
Evidence · text
“Indicated and Inferred Resources of 45.3 Mt grading 85 g/t silver and 0.36% gold for 522 koz of gold”
indicatedGurupi · goldTonnes: 43512000Grade: 1.31Grade Unit: g/tContained Metal: 1.83Contained Unit: mozView all detailsHide details
Identity
- Project
- Gurupi
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:48ae60ed3b63eebbccae
Resource Data
- Category
- indicated
- Tonnes
- 43512000
- Grade
- 1.31
- Grade Unit
- g/t
- Contained Metal
- 1.83
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Gurupi reported significant Indicated Resources for gold, providing a strong base for ongoing technical studies.
Positive factors
- Significant Indicated Resources for 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: Indicated Resources of 1.83 Moz gold at a grade of 1.31 g/t within 43,512 kt
Evidence · text
“Indicated Resources of 1.83 Moz gold at a grade of 1.31 g/t within 43,512 kt”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredGurupi · goldTonnes: 18518000Grade: 1.29Grade Unit: g/tContained Metal: 0.77Contained Unit: mozView all detailsHide details
Identity
- Project
- Gurupi
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Resource group id
- resource:01b140afdc6f79f0c140
Resource Data
- Category
- inferred
- Tonnes
- 18518000
- Grade
- 1.29
- Grade Unit
- g/t
- Contained Metal
- 0.77
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Gurupi reported significant Inferred Resources for gold, indicating further exploration potential.
Positive factors
- Significant Inferred Resources for 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: Inferred Resources of 0.77 Moz gold at a grade of 1.29 g/t within 18,518 kt
Evidence · text
“Inferred Resources of 0.77 Moz gold at a grade of 1.29 g/t within 18,518 kt”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedTower Mountain · goldTonnes: 34500000Grade: 0.46Grade Unit: g/tContained Metal: 514Contained Unit: kozView all detailsHide details
Identity
- Project
- Tower Mountain
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:914d10d9ccd5a2ef8037
Resource Data
- Category
- indicated
- Tonnes
- 34500000
- Grade
- 0.46
- Grade Unit
- g/t
- Contained Metal
- 514
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Tower Mountain reported a significant Indicated Mineral Resource for gold, establishing a solid base for future economic assessment under NI 43-101.
Positive factors
- Significant Indicated Mineral Resource for gold
- NI 43-101 compliant estimate
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: Indicated Mineral Resource of 34.5 Mt averaging 0.46 g/t gold for a total of 514 koz gold
Evidence · text
“Indicated Mineral Resource of 34.5 Mt averaging 0.46 g/t gold for a total of 514 koz gold”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: filed a NI 43-101 Technical Report supporting the Mineral Resource estimate at the Tower Mountain project
Evidence · text
“filed a NI 43-101 Technical Report supporting the Mineral Resource estimate at the Tower Mountain project”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredTower Mountain · goldTonnes: 211100000Grade: 0.45Grade Unit: g/tContained Metal: 3.05Contained Unit: mozView all detailsHide details
Identity
- Project
- Tower Mountain
- Commodity
- gold
- Ticker
- MTA
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:d412a6bde853207b6ca6
Resource Data
- Category
- inferred
- Tonnes
- 211100000
- Grade
- 0.45
- Grade Unit
- g/t
- Contained Metal
- 3.05
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Tower Mountain reported a very large Inferred Mineral Resource for gold, indicating significant exploration upside and potential for future resource conversion under NI 43-101.
Positive factors
- Very large Inferred Mineral Resource for gold
- NI 43-101 compliant estimate
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Inferred Mineral Resource of 211.1 Mt averaging 0.45 g/t gold for a total of 3.05 Moz gold
Evidence · text
“Inferred Mineral Resource of 211.1 Mt averaging 0.45 g/t gold for a total of 3.05 Moz gold”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: filed a NI 43-101 Technical Report supporting the Mineral Resource estimate at the Tower Mountain project
Evidence · text
“filed a NI 43-101 Technical Report supporting the Mineral Resource estimate at the Tower Mountain project”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metallurgical Results (1)
metallurgical test work studiesPlomosasView all detailsHide details
Identity
- Project
- Plomosas
- Ticker
- MTA
Test Work
- Test Type
- metallurgical test work studies
- Sample
- Sampled and composite feed grades in zones targeted for the BSTM in the historical Plomosas Mine
Recovery
- Recovery Basis
- actual_test
Reagents
- Reagent Notes
- concentrates that were within acceptable commercial specifications with 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, with concentrates meeting commercial specifications and no penalty elements, supporting de-risking and pilot plant design.
Positive factors
- Concentrates met commercial specifications
- No concerns over penalties or deleterious elements
- Supports basic engineering and pilot plant design
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Clean OreRejected · positive · Story-specific tag
No canonical definition is currently available.
Reason: concentrates that were within acceptable commercial specifications with no concerns over potential penalties or deleterious elements.
Evidence · text
“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.