# Mineros S.A. Identifies New High-Grade Vein System at the Nicaragua Property's Xiloa Target - 8.3 m at 17.3 g/t Au - Confirms High-Grade Continuity at Leticia with 1.2 m at 271.3 g/t Au Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723 Original source: https://money.tmx.com/en/quote/MSA/news/4817828886786270/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi Publisher: tmx Original announcement: 2026-05-26T11:01:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Mineros S.A. - Ticker: MSA - Exchange: TSX - Region: Nicaragua - Primary commodity: Gold - Secondary commodities: Silver, Zinc - Document categories: Drill results, Resource update - Extracted: 2026-09-18 10:46:57 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary Mineros S.A. announced significant drill results from its Nicaragua Property, including the discovery of a new high-grade vein system at the Xiloa target with an intercept of 8.3 m at 17.3 g/t gold. The company also confirmed high-grade continuity at the Leticia vein system with a bonanza intercept of 1.2 m at 271.3 g/t gold. The drilling program included step-out extensions at La Reforma and infill drilling at Panamá Mine to support mine planning and resource conversion. Reasoning: Mineros S.A. reported exceptional drill results, including a bonanza gold intercept of 1.2 m at 271.3 g/t Au and the discovery of a new high-grade vein system at Xiloa. The drilling campaign successfully extended mineralization at La Reforma and confirmed grade continuity for mine planning at Panamá, demonstrating significant exploration success and resource confidence building. - Positive factor: Bonanza Intercept - Positive factor: Step-Out Extension - Positive factor: New Discovery - Positive factor: QA/QC Disclosed - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Facts used in scoring: 110 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The intercept of 1.2 m at 271.3 g/t Au is exceptionally high-grade, well above the typical thresholds for epithermal gold deposits. Evidence · table > 271.3 Context: 1.2 **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The document explicitly states that reported lengths are 'Core lengths; true widths are currently unknown,' indicating that true widths are not provided for any intercepts. Evidence · text > \*Core lengths; true widths are currently unknown. Grades are reported as uncut. **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release includes a detailed 'Quality Assurance, Quality Control, and Data Verification' section, mentioning certified labs, QP sign-off, and specific methods like blanks, standards, and duplicates. Evidence · text > Quality Assurance, Quality Control, and Data Verification Results from samples taken during the 2026 drilling program were analyzed at ALS Global Peru. The sampling program was conducted under the direction of Carlos David Rios \(Geo.Eng.\), VP Exploration for Mineros. A secure chain of custody was maintained for delivery to ALS Global in Managua for preparation and subsequently to Lima, Peru for geochemical analysis. Gold was assayed using fire assay \(30 g aliquot\) with an atomic absorption finish and gravimetric finish for results over 10 ppm. Analysis by aqua regia digestion with a 51-element ICP-ES/MS suite was conducted on all samples. Quality control measures included the systematic insertion of certified reference materials, blanks, and field duplicates. Carlos David Rios, MAusIMM CP \(Geo\), VP Exploration for Mineros S.A. a qualified person under National Instrument 43-101, has reviewed and verified the technical information contained in this news release. **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The drilling at Xiloa is described as a 'first-pass discovery' and 'new-target drilling' extending mineralization, and La Reforma NE step-out drilling extended known mineralization approximately 100 metres in depth. Evidence · text > Xiloa demonstrates the potential of what a robust drilling program can deliver — a first-pass discovery, in our own backyard, sitting within reach of existing infrastructure. **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: Infill drilling at the Panamá Mine is explicitly stated to be 'tightening drill spacing across known ore blocks — building confidence in the Mineral Resource needed to identify Mineral Reserves and future production areas.' Evidence · text > Infill drilling at the Panamá Mine is tightening drill spacing across the Capitán FW and Atlas vein corridors, with the objective of converting Inferred Mineral Resources to the Indicated Mineral Resource classification and providing the data density required to support Mineral Reserve estimation. ## Extracted facts Stored fact records: 110. Some facts used in scoring do not have a stored record. ## Drill Results (109) ### BXIDDH\_26\_001 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-0) Xiloa · gold #### Identity - Hole ID: BXIDDH\_26\_001 - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 17.3 - Grade Unit: g/t - Intercept: 8.3 m - From: 329.7 m - To: 338 m - Intercept Depth: 329.7 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BXIDDH\_26\_001:329.7-338 - Mining Method: underground #### Location - Location: Xiloa - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept represents a new high-grade discovery at the Xiloa target, indicating significant exploration success and potential for resource growth. - Positive factor: New Discovery - Positive factor: High Grade - Positive factor: Step-Out Extension - Negative factor: Apparent Width Only Evidence · table > 17.3 Context: 8.3 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BXIDDH\_26\_001 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-1) Xiloa · gold #### Identity - Hole ID: BXIDDH\_26\_001 - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 58.7 - Grade Unit: g/t - Intercept: 0.6 m - From: 332.9 m - To: 333.6 m - Intercept Depth: 332.9 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BXIDDH\_26\_001:332.9-333.6 - Mining Method: underground #### Location - Location: Xiloa - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows an exceptionally high-grade core within the new Xiloa discovery, further enhancing the significance of the intercept. - Positive factor: Bonanza Intercept - Positive factor: New Discovery - Negative factor: Apparent Width Only Evidence · table > 58.7 Context: 0.6 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BBONDD\_26\_0053 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-2) Xiloa · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: BBONDD\_26\_0053 - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 6.7 - Grade Unit: g/t - Intercept: 5.2 m - From: 205.9 m - To: 211.1 m - Intercept Depth: 205.9 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BBONDD\_26\_0053:205.9-211.1 - Mining Method: underground #### Location - Location: Xiloa - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept confirms lateral continuity of the new Xiloa mineralization with good grades over a moderate width. - Positive factor: High Grade - Positive factor: New Discovery - Negative factor: Apparent Width Only Evidence · table > 6.7 Context: 5.2 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BBONDD\_26\_0053 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-3) Xiloa · gold #### Identity - Hole ID: BBONDD\_26\_0053 - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 16.7 - Grade Unit: g/t - Intercept: 0.5 m - From: 209.2 m - To: 209.7 m - Intercept Depth: 209.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BBONDD\_26\_0053:209.2-209.7 - Mining Method: underground #### Location - Location: Xiloa - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval highlights a higher-grade zone within the Xiloa discovery, reinforcing the quality of the new mineralization. - Positive factor: High Grade - Positive factor: New Discovery - Negative factor: Apparent Width Only Evidence · table > 16.7 Context: 0.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BBONDD\_26\_0054 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-4) Xiloa · gold #### Identity - Hole ID: BBONDD\_26\_0054 - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 6.5 - Grade Unit: g/t - Intercept: 0.5 m - From: 381.2 m - To: 381.7 m - Intercept Depth: 381.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BBONDD\_26\_0054:381.2-381.7 - Mining Method: underground #### Location - Location: Xiloa - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This narrow, high-grade intercept contributes to defining the new Xiloa vein system. - Positive factor: High Grade - Positive factor: New Discovery - Negative factor: Apparent Width Only Evidence · table > 6.5 Context: 0.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BBONDD\_26\_0051 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-5) Xiloa · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: BBONDD\_26\_0051 - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 6.2 - Grade Unit: g/t - Intercept: 2.2 m - From: 212.8 m - To: 215 m - Intercept Depth: 212.8 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BBONDD\_26\_0051:212.8-215 - Mining Method: underground #### Location - Location: Xiloa - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept further confirms the lateral continuity of the new Xiloa mineralization with good grades. - Positive factor: High Grade - Positive factor: New Discovery - Negative factor: Apparent Width Only Evidence · table > 6.2 Context: 2.2 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BBONDD\_26\_0051 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-6) Xiloa · gold #### Identity - Hole ID: BBONDD\_26\_0051 - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 20.7 - Grade Unit: g/t - Intercept: 0.4 m - From: 214.2 m - To: 214.6 m - Intercept Depth: 214.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BBONDD\_26\_0051:214.2-214.6 - Mining Method: underground #### Location - Location: Xiloa - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows a very high-grade core within the Xiloa discovery, indicating strong mineralization. - Positive factor: High Grade - Positive factor: New Discovery - Negative factor: Apparent Width Only Evidence · table > 20.7 Context: 0.4 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BBONDD\_26\_0052 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-7) Xiloa · gold #### Identity - Hole ID: BBONDD\_26\_0052 - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 3.7 - Grade Unit: g/t - Intercept: 4.9 m - From: 331.6 m - To: 336.5 m - Intercept Depth: 331.6 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BBONDD\_26\_0052:331.6-336.5 - Mining Method: underground #### Location - Location: Xiloa - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept contributes to defining the new Xiloa vein system, showing moderate grades over a good width. - Positive factor: Moderate Grade - Positive factor: New Discovery - Negative factor: Apparent Width Only Evidence · table > 3.7 Context: 4.9 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BBONDD\_26\_0052 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-8) Xiloa · gold #### Identity - Hole ID: BBONDD\_26\_0052 - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.2 - Grade Unit: g/t - Intercept: 1 m - From: 334.5 m - To: 335.5 m - Intercept Depth: 334.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BBONDD\_26\_0052:334.5-335.5 - Mining Method: underground #### Location - Location: Xiloa - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows a higher-grade zone within the Xiloa discovery, adding to the overall prospectivity. - Positive factor: High Grade - Positive factor: New Discovery - Negative factor: Apparent Width Only Evidence · table > 8.2 Context: 1.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_050 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-9) Porvenir Polymetallic District · gold #### Identity - Hole ID: BLDDH\_26\_050 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 271.3 - Grade Unit: g/t - Intercept: 1.2 m - From: 90.8 m - To: 92 m - Intercept Depth: 90.8 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BLDDH\_26\_050:90.8-92 - Mining Method: underground #### Location - Location: Leticia - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This is an exceptionally high-grade gold intercept, confirming strong mineralization and representing a significant result for the Leticia vein system. - Positive factor: Bonanza Intercept - Positive factor: High Grade - Negative factor: Apparent Width Only Evidence · table > 271.3 Context: 1.2 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_052 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-10) Porvenir Polymetallic District · gold #### Identity - Hole ID: BLDDH\_26\_052 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 20.4 - Grade Unit: g/t - Intercept: 1.5 m - From: 85.5 m - To: 87 m - Intercept Depth: 85.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BLDDH\_26\_052:85.5-87 - Mining Method: underground #### Location - Location: Leticia North - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This high-grade intercept defines a new structural corridor at Leticia North, indicating successful step-out drilling. - Positive factor: High Grade - Positive factor: Step-Out Extension - Negative factor: Apparent Width Only Evidence · table > 20.4 Context: 1.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_052 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-11) Porvenir Polymetallic District · gold #### Identity - Hole ID: BLDDH\_26\_052 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 55.3 - Grade Unit: g/t - Intercept: 0.5 m - From: 86.5 m - To: 87 m - Intercept Depth: 86.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BLDDH\_26\_052:86.5-87 - Mining Method: underground #### Location - Location: Leticia North - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows an exceptionally high-grade core within the new structural corridor at Leticia North. - Positive factor: Bonanza Intercept - Positive factor: High Grade - Negative factor: Apparent Width Only Evidence · table > 55.3 Context: 0.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_051 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-12) Porvenir Polymetallic District · gold #### Identity - Hole ID: BLDDH\_26\_051 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 16.4 - Grade Unit: g/t - Intercept: 0.9 m - From: 69.1 m - To: 70.1 m - Intercept Depth: 69.1 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BLDDH\_26\_051:69.1-70.1 - Mining Method: underground #### Location - Location: Leticia North - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This high-grade intercept further defines the new structural corridor at Leticia North. - Positive factor: High Grade - Positive factor: Step-Out Extension - Negative factor: Apparent Width Only Evidence · table > 16.4 Context: 0.9 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_051 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-13) Porvenir Polymetallic District · gold #### Identity - Hole ID: BLDDH\_26\_051 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 3.2 - Grade Unit: g/t - Intercept: 1.2 m - From: 72.4 m - To: 73.7 m - Intercept Depth: 72.4 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BLDDH\_26\_051:72.4-73.7 - Mining Method: underground #### Location - Location: Leticia North - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept shows moderate gold grades, contributing to the understanding of the Leticia North system. - Positive factor: Moderate Grade - Negative factor: Apparent Width Only Evidence · table > 3.2 Context: 1.2 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_050 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-14) Porvenir Polymetallic District · gold #### Identity - Hole ID: BLDDH\_26\_050 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 74.6 - Grade Unit: g/t - Intercept: 1.9 m - From: 218.6 m - To: 220.6 m - Intercept Depth: 218.6 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BLDDH\_26\_050:218.6-220.6 - Mining Method: underground #### Location - Location: Leticia - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This second high-grade intercept in the same hole confirms two distinct high-grade shoots at depth within the Leticia system. - Positive factor: Bonanza Intercept - Positive factor: High Grade - Negative factor: Apparent Width Only Evidence · table > 74.6 Context: 1.9 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_050 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-15) Porvenir Polymetallic District · gold #### Identity - Hole ID: BLDDH\_26\_050 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 133 - Grade Unit: g/t - Intercept: 0.9 m - From: 218.6 m - To: 219.6 m - Intercept Depth: 218.6 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BLDDH\_26\_050:218.6-219.6 - Mining Method: underground #### Location - Location: Leticia - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval represents an extremely high-grade core, significantly enhancing the value of the intercept and confirming strong mineralization at depth. - Positive factor: Bonanza Intercept - Positive factor: High Grade - Negative factor: Apparent Width Only Evidence · table > 133.0 Context: 0.9 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_051 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-16) Porvenir Polymetallic District · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: BLDDH\_26\_051 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 2.8 - Grade Unit: g/t - Intercept: 1.4 m - From: 312 m - To: 313.4 m - Intercept Depth: 312 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BLDDH\_26\_051:312-313.4 - Mining Method: underground #### Location - Location: Leticia - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept shows moderate gold grades, contributing to the understanding of the Leticia system. - Positive factor: Moderate Grade - Negative factor: Apparent Width Only Evidence · table > 2.8 Context: 1.4 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BAPDDH\_26\_011 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-17) Porvenir Polymetallic District · gold #### Identity - Hole ID: BAPDDH\_26\_011 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 3.6 - Grade Unit: g/t - Intercept: 0.9 m - From: 231 m - To: 231.9 m - Intercept Depth: 231 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BAPDDH\_26\_011:231-231.9 - Mining Method: underground #### Location - Location: Apoyo - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept shows moderate gold grades, contributing to the understanding of the Apoyo vein system. - Positive factor: Moderate Grade - Negative factor: Apparent Width Only Evidence · table > 3.6 Context: 0.9 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BAPDDH\_26\_013 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-18) Porvenir Polymetallic District · gold #### Identity - Hole ID: BAPDDH\_26\_013 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 3 - Grade Unit: g/t - Intercept: 5.9 m - From: 232 m - To: 237.8 m - Intercept Depth: 232 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BAPDDH\_26\_013:232-237.8 - Mining Method: underground #### Location - Location: Apoyo - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept shows moderate gold grades over a good width, supporting the case for continued drilling at Apoyo. - Positive factor: Moderate Grade - Negative factor: Apparent Width Only Evidence · table > 3.0 Context: 5.9 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BAPDDH\_26\_013 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-19) Porvenir Polymetallic District · gold #### Identity - Hole ID: BAPDDH\_26\_013 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 4.2 - Grade Unit: g/t - Intercept: 0.7 m - From: 237.1 m - To: 237.8 m - Intercept Depth: 237.1 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BAPDDH\_26\_013:237.1-237.8 - Mining Method: underground #### Location - Location: Apoyo - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows moderate gold grades within the Apoyo system. - Positive factor: Moderate Grade - Negative factor: Apparent Width Only Evidence · table > 4.2 Context: 0.7 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BAPDDH\_26\_012 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-20) Porvenir Polymetallic District · gold #### Identity - Hole ID: BAPDDH\_26\_012 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 3.4 - Grade Unit: g/t - Intercept: 1.4 m - From: 174.9 m - To: 176.3 m - Intercept Depth: 174.9 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BAPDDH\_26\_012:174.9-176.3 - Mining Method: underground #### Location - Location: Apoyo - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept shows moderate gold grades, contributing to the understanding of the Apoyo vein system. - Positive factor: Moderate Grade - Negative factor: Apparent Width Only Evidence · table > 3.4 Context: 1.4 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BAPDDH\_26\_012 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-21) Porvenir Polymetallic District · gold #### Identity - Hole ID: BAPDDH\_26\_012 - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.1 - Grade Unit: g/t - Intercept: 0.5 m - From: 175.8 m - To: 176.3 m - Intercept Depth: 175.8 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: BAPDDH\_26\_012:175.8-176.3 - Mining Method: underground #### Location - Location: Apoyo - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows higher gold grades within the Apoyo system. - Positive factor: High Grade - Negative factor: Apparent Width Only Evidence · table > 8.1 Context: 0.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLRDDH\_26\_003 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-22) Pioneer Mine · gold #### Identity - Hole ID: BLRDDH\_26\_003 - Project: Pioneer Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 15.3 - Grade Unit: g/t - Intercept: 1.5 m - From: 213.4 m - To: 214.9 m - Intercept Depth: 213.4 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BLRDDH\_26\_003:213.4-214.9 - Mining Method: underground #### Location - Location: La Reforma NE - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This high-grade intercept extends the La Reforma NE mineralization well outside the existing resource shell, demonstrating successful step-out drilling. - Positive factor: High Grade - Positive factor: Step-Out Extension - Negative factor: Apparent Width Only Evidence · table > 15.3 Context: 1.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BLRDDH\_26\_003 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-23) Pioneer Mine · gold #### Identity - Hole ID: BLRDDH\_26\_003 - Project: Pioneer Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 45.9 - Grade Unit: g/t - Intercept: 0.5 m - From: 213.4 m - To: 213.9 m - Intercept Depth: 213.4 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BLRDDH\_26\_003:213.4-213.9 - Mining Method: underground #### Location - Location: La Reforma NE - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows an exceptionally high-grade core within the La Reforma NE extension, further enhancing the significance of the step-out. - Positive factor: Bonanza Intercept - Positive factor: High Grade - Negative factor: Apparent Width Only Evidence · table > 45.9 Context: 0.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPIODD\_26\_2267 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-24) Pioneer Mine · gold #### Identity - Hole ID: BPIODD\_26\_2267 - Project: Pioneer Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 11.3 - Grade Unit: g/t - Intercept: 1.4 m - From: 260.9 m - To: 262.4 m - Intercept Depth: 260.9 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPIODD\_26\_2267:260.9-262.4 - Mining Method: underground #### Location - Location: La Reforma - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This high-grade intercept supports the extension of La Reforma mineralization at depth. - Positive factor: High Grade - Positive factor: Step-Out Extension - Negative factor: Apparent Width Only Evidence · table > 11.3 Context: 1.4 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BLRDDH\_26\_002 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-25) Pioneer Mine · gold #### Identity - Hole ID: BLRDDH\_26\_002 - Project: Pioneer Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 5.1 - Grade Unit: g/t - Intercept: 2.2 m - From: 287 m - To: 289.2 m - Intercept Depth: 287 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BLRDDH\_26\_002:287-289.2 - Mining Method: underground #### Location - Location: La Reforma - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This high-grade intercept further extends the La Reforma mineralization at depth, confirming continuity. - Positive factor: High Grade - Positive factor: Step-Out Extension - Negative factor: Apparent Width Only Evidence · table > 5.1 Context: 2.2 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BLRDDH\_26\_002 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-26) Pioneer Mine · gold #### Identity - Hole ID: BLRDDH\_26\_002 - Project: Pioneer Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.2 - Grade Unit: g/t - Intercept: 0.7 m - From: 287.5 m - To: 288.2 m - Intercept Depth: 287.5 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BLRDDH\_26\_002:287.5-288.2 - Mining Method: underground #### Location - Location: La Reforma - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows a higher-grade core within the La Reforma extension. - Positive factor: High Grade - Positive factor: Step-Out Extension - Negative factor: Apparent Width Only Evidence · table > 8.2 Context: 0.7 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPIODD\_26\_2271 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-27) Pioneer Mine · gold #### Identity - Hole ID: BPIODD\_26\_2271 - Project: Pioneer Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 4.5 - Grade Unit: g/t - Intercept: 2 m - From: 449.1 m - To: 451.1 m - Intercept Depth: 449.1 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPIODD\_26\_2271:449.1-451.1 - Mining Method: underground #### Location - Location: La Reforma - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept confirms grade distribution within the main La Reforma vein, supporting active mine planning. - Positive factor: Moderate Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 4.5 Context: 2.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPIODD\_26\_2271 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-28) Pioneer Mine · gold #### Identity - Hole ID: BPIODD\_26\_2271 - Project: Pioneer Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 14 - Grade Unit: g/t - Intercept: 0.5 m - From: 449.1 m - To: 449.6 m - Intercept Depth: 449.1 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPIODD\_26\_2271:449.1-449.6 - Mining Method: underground #### Location - Location: La Reforma - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows a high-grade core, consistent with established grade distribution for infill drilling. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 14.0 Context: 0.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPIODD\_26\_2272 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-29) Pioneer Mine · gold #### Identity - Hole ID: BPIODD\_26\_2272 - Project: Pioneer Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 4.3 - Grade Unit: g/t - Intercept: 1.1 m - From: 223.7 m - To: 224.8 m - Intercept Depth: 223.7 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPIODD\_26\_2272:223.7-224.8 - Mining Method: underground #### Location - Location: La Reforma - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept confirms grade distribution within the main La Reforma vein, supporting active mine planning. - Positive factor: Moderate Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 4.3 Context: 1.1 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPIODD\_26\_2270 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-30) Pioneer Mine · gold #### Identity - Hole ID: BPIODD\_26\_2270 - Project: Pioneer Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 6.4 - Grade Unit: g/t - Intercept: 0.9 m - From: 183.8 m - To: 184.8 m - Intercept Depth: 183.8 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPIODD\_26\_2270:183.8-184.8 - Mining Method: underground #### Location - Location: La Reforma - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This high-grade intercept confirms grade distribution within the main La Reforma vein, supporting active mine planning. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 6.4 Context: 0.9 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1172 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-31) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1172 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 13.5 - Grade Unit: g/t - Intercept: 0.8 m - From: 161.3 m - To: 162.1 m - Intercept Depth: 161.3 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1172:161.3-162.1 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This high-grade intercept confirms grade continuity within active mining blocks at Panamá Mine, supporting Mineral Reserve estimation. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 13.5 Context: 0.8 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1171 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-32) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1171 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.9 - Grade Unit: g/t - Intercept: 4.4 m - From: 250.4 m - To: 254.9 m - Intercept Depth: 250.4 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1171:250.4-254.9 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This high-grade intercept confirms grade continuity within active mining blocks at Panamá Mine, supporting Mineral Reserve estimation. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 8.9 Context: 4.4 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1171 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-33) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1171 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 18.4 - Grade Unit: g/t - Intercept: 1 m - From: 253.9 m - To: 254.9 m - Intercept Depth: 253.9 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1171:253.9-254.9 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows a high-grade core, reinforcing the grade continuity for mine planning at Panamá Mine. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 18.4 Context: 1.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1172 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-34) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1172 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.3 - Grade Unit: g/t - Intercept: 2.4 m - From: 270.8 m - To: 273.2 m - Intercept Depth: 270.8 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1172:270.8-273.2 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This high-grade intercept confirms grade continuity within active mining blocks at Panamá Mine, supporting Mineral Reserve estimation. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 8.3 Context: 2.4 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1172 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-35) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1172 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 24 - Grade Unit: g/t - Intercept: 0.6 m - From: 271.6 m - To: 272.3 m - Intercept Depth: 271.6 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1172:271.6-272.3 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows a high-grade core, reinforcing the grade continuity for mine planning at Panamá Mine. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 24.0 Context: 0.6 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1168 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-36) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1168 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 5.3 - Grade Unit: g/t - Intercept: 1.7 m - From: 248.3 m - To: 250 m - Intercept Depth: 248.3 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1168:248.3-250 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This high-grade intercept confirms grade continuity within active mining blocks at Panamá Mine, supporting Mineral Reserve estimation. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 5.3 Context: 1.7 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1168 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-37) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1168 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.7 - Grade Unit: g/t - Intercept: 1 m - From: 249 m - To: 250 m - Intercept Depth: 249 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1168:249-250 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows a high-grade core, reinforcing the grade continuity for mine planning at Panamá Mine. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 8.7 Context: 1.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1169 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-38) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1169 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 5.3 - Grade Unit: g/t - Intercept: 1 m - From: 250.8 m - To: 251.8 m - Intercept Depth: 250.8 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1169:250.8-251.8 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This high-grade intercept confirms grade continuity within active mining blocks at Panamá Mine, supporting Mineral Reserve estimation. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 5.3 Context: 1.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1163 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-39) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1163 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 4.9 - Grade Unit: g/t - Intercept: 2.5 m - From: 244.2 m - To: 246.7 m - Intercept Depth: 244.2 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1163:244.2-246.7 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept confirms grade continuity within active mining blocks at Panamá Mine, supporting Mineral Reserve estimation. - Positive factor: Moderate Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 4.9 Context: 2.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1163 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-40) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1163 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 14.4 - Grade Unit: g/t - Intercept: 0.5 m - From: 244.2 m - To: 244.7 m - Intercept Depth: 244.2 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1163:244.2-244.7 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows a high-grade core, reinforcing the grade continuity for mine planning at Panamá Mine. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 14.4 Context: 0.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1163 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-41) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1163 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 4.9 - Grade Unit: g/t - Intercept: 1.3 m - From: 231.7 m - To: 233 m - Intercept Depth: 231.7 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1163:231.7-233 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept confirms grade continuity within active mining blocks at Panamá Mine, supporting Mineral Reserve estimation. - Positive factor: Moderate Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 4.9 Context: 1.3 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1168 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-42) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1168 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 3.7 - Grade Unit: g/t - Intercept: 1.8 m - From: 242.1 m - To: 243.9 m - Intercept Depth: 242.1 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1168:242.1-243.9 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept confirms grade continuity within active mining blocks at Panamá Mine, supporting Mineral Reserve estimation. - Positive factor: Moderate Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 3.7 Context: 1.8 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1168 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-43) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1168 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.7 - Grade Unit: g/t - Intercept: 0.6 m - From: 242.6 m - To: 243.3 m - Intercept Depth: 242.6 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1168:242.6-243.3 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This included interval shows a high-grade core, reinforcing the grade continuity for mine planning at Panamá Mine. - Positive factor: High Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 8.7 Context: 0.6 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1171 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-44) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1171 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 3.5 - Grade Unit: g/t - Intercept: 1 m - From: 245.9 m - To: 246.9 m - Intercept Depth: 245.9 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1171:245.9-246.9 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept confirms grade continuity within active mining blocks at Panamá Mine, supporting Mineral Reserve estimation. - Positive factor: Moderate Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 3.5 Context: 1.0 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BPANUDD\_26\_1165 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-45) Panamá Mine · gold #### Identity - Hole ID: BPANUDD\_26\_1165 - Project: Panamá Mine - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 3.4 - Grade Unit: g/t - Intercept: 1.4 m - From: 245.5 m - To: 247 m - Intercept Depth: 245.5 m #### Classification - Deposit Type: epithermal - Program: mixed - Sample Type: drill - Group ID: BPANUDD\_26\_1165:245.5-247 - Mining Method: underground #### Location - Location: Capitán FW / Atlas - Loc. Source: document #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This intercept confirms grade continuity within active mining blocks at Panamá Mine, supporting Mineral Reserve estimation. - Positive factor: Moderate Grade - Positive factor: Infill Drilling - Negative factor: Apparent Width Only Evidence · table > 3.4 Context: 1.4 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ### BXIDDH\_26\_001 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-47) Xiloa · silver #### Identity - Hole ID: BXIDDH\_26\_001 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 11.9 - Grade Unit: g/t - Intercept: 8.3 m - From: 329.7 m - To: 338 m - Intercept Depth: 329.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BXIDDH\_26\_001:329.7-338 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 11.9 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 98.8 g/t·m is below. - Negative factor: 11.9 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 11.9 Context: BXIDDH\_26\_001 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-48) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 58.7 - Grade Unit: g/t - Intercept: 0.6 m - From: 332.9 m - To: 333.6 m - Intercept Depth: 332.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:332.9-333.6 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 58.7 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 35.2 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\). - Positive factor: 58.7 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 58.7 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-49) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 25.9 - Grade Unit: g/t - Intercept: 0.6 m - From: 332.9 m - To: 333.6 m - Intercept Depth: 332.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:332.9-333.6 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 25.9 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 15.5 g/t·m is below. - Negative factor: 25.9 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 25.9 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BBONDD\_26\_0053 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-50) Xiloa · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: BBONDD\_26\_0053 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 11.2 - Grade Unit: g/t - Intercept: 5.2 m - From: 205.9 m - To: 211.1 m - Intercept Depth: 205.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BBONDD\_26\_0053:205.9-211.1 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 11.2 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 58.2 g/t·m is below. - Negative factor: 11.2 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 11.2 Context: BBONDD\_26\_0053 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-51) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 16.7 - Grade Unit: g/t - Intercept: 0.5 m - From: 209.2 m - To: 209.7 m - Intercept Depth: 209.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:209.2-209.7 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 16.7 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.3 g/t·m is below \(grade alone is exceptional; the better of the two is used\). - Positive factor: 16.7 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 16.7 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-52) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 14 - Grade Unit: g/t - Intercept: 0.5 m - From: 209.2 m - To: 209.7 m - Intercept Depth: 209.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:209.2-209.7 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 14 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 7.0 g/t·m is below. - Negative factor: 14 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 14.0 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BBONDD\_26\_0054 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-53) Xiloa · silver #### Identity - Hole ID: BBONDD\_26\_0054 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 5.8 - Grade Unit: g/t - Intercept: 0.5 m - From: 381.2 m - To: 381.7 m - Intercept Depth: 381.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BBONDD\_26\_0054:381.2-381.7 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 5.8 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 2.9 g/t·m is below. - Negative factor: 5.8 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 5.8 Context: BBONDD\_26\_0054 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BBONDD\_26\_0051 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-54) Xiloa · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: BBONDD\_26\_0051 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 9.2 - Grade Unit: g/t - Intercept: 2.2 m - From: 212.8 m - To: 215 m - Intercept Depth: 212.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BBONDD\_26\_0051:212.8-215 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 9.2 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 20.2 g/t·m is below. - Negative factor: 9.2 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 9.2 Context: BBONDD\_26\_0051 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-55) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 20.7 - Grade Unit: g/t - Intercept: 0.4 m - From: 214.2 m - To: 214.6 m - Intercept Depth: 214.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:214.2-214.6 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 20.7 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.3 g/t·m is below \(grade alone is exceptional; the better of the two is used\). - Positive factor: 20.7 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 20.7 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-56) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 15.6 - Grade Unit: g/t - Intercept: 0.4 m - From: 214.2 m - To: 214.6 m - Intercept Depth: 214.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:214.2-214.6 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 15.6 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 6.2 g/t·m is below. - Negative factor: 15.6 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 15.6 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BBONDD\_26\_0052 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-57) Xiloa · silver #### Identity - Hole ID: BBONDD\_26\_0052 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 4.5 - Grade Unit: g/t - Intercept: 4.9 m - From: 331.6 m - To: 336.5 m - Intercept Depth: 331.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BBONDD\_26\_0052:331.6-336.5 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 4.5 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 22.1 g/t·m is below. - Negative factor: 4.5 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.5 Context: BBONDD\_26\_0052 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-58) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.2 - Grade Unit: g/t - Intercept: 1 m - From: 334.5 m - To: 335.5 m - Intercept Depth: 334.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:334.5-335.5 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 8.2 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.2 g/t·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 8.2 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8.2 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-59) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 5.9 - Grade Unit: g/t - Intercept: 1 m - From: 334.5 m - To: 335.5 m - Intercept Depth: 334.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:334.5-335.5 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 5.9 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 5.9 g/t·m is below. - Negative factor: 5.9 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 5.9 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_050 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-60) Xiloa · silver #### Identity - Hole ID: BLDDH\_26\_050 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 80.7 - Grade Unit: g/t - Intercept: 1.2 m - From: 90.8 m - To: 92 m - Intercept Depth: 90.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BLDDH\_26\_050:90.8-92 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 80.7 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 96.8 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 80.7 Context: BLDDH\_26\_050 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_052 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-61) Xiloa · silver #### Identity - Hole ID: BLDDH\_26\_052 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 7.9 - Grade Unit: g/t - Intercept: 1.5 m - From: 85.5 m - To: 87 m - Intercept Depth: 85.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BLDDH\_26\_052:85.5-87 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 7.9 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 11.9 g/t·m is below. - Negative factor: 7.9 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 7.9 Context: BLDDH\_26\_052 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-62) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 55.3 - Grade Unit: g/t - Intercept: 0.5 m - From: 86.5 m - To: 87 m - Intercept Depth: 86.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:86.5-87 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 55.3 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 27.6 g/t·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 55.3 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 55.3 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-63) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 21.1 - Grade Unit: g/t - Intercept: 0.5 m - From: 86.5 m - To: 87 m - Intercept Depth: 86.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:86.5-87 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 21.1 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 10.6 g/t·m is below. - Negative factor: 21.1 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 21.1 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_051 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-64) Xiloa · silver #### Identity - Hole ID: BLDDH\_26\_051 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 13.9 - Grade Unit: g/t - Intercept: 0.9 m - From: 69.1 m - To: 70.1 m - Intercept Depth: 69.1 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BLDDH\_26\_051:69.1-70.1 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 13.9 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 12.5 g/t·m is below. - Negative factor: 13.9 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 13.9 Context: BLDDH\_26\_051 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_051 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-65) Xiloa · silver #### Identity - Hole ID: BLDDH\_26\_051 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 5.3 - Grade Unit: g/t - Intercept: 1.2 m - From: 72.4 m - To: 73.7 m - Intercept Depth: 72.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BLDDH\_26\_051:72.4-73.7 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 5.3 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 6.4 g/t·m is below. - Negative factor: 5.3 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 5.3 Context: BLDDH\_26\_051 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_050 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-66) Xiloa · silver #### Identity - Hole ID: BLDDH\_26\_050 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 15.6 - Grade Unit: g/t - Intercept: 1.9 m - From: 218.6 m - To: 220.6 m - Intercept Depth: 218.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BLDDH\_26\_050:218.6-220.6 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 15.6 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 29.6 g/t·m is below. - Negative factor: 15.6 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 15.6 Context: BLDDH\_26\_050 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-67) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 133 - Grade Unit: g/t - Intercept: 0.9 m - From: 218.6 m - To: 219.6 m - Intercept Depth: 218.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:218.6-219.6 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 133 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 119.7 g/t·m is strong \(grade alone is exceptional; the better of the two is used\). - Positive factor: 133 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 133.0 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-68) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 28.1 - Grade Unit: g/t - Intercept: 0.9 m - From: 218.6 m - To: 219.6 m - Intercept Depth: 218.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:218.6-219.6 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 28.1 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 25.3 g/t·m is below. - Negative factor: 28.1 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 28.1 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_051 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-69) Xiloa · silver #### Identity - Hole ID: BLDDH\_26\_051 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 18.5 - Grade Unit: g/t - Intercept: 1.4 m - From: 312 m - To: 313.4 m - Intercept Depth: 312 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BLDDH\_26\_051:312-313.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 18.5 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 25.9 g/t·m is below. - Negative factor: 18.5 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 18.5 Context: BLDDH\_26\_051 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BAPDDH\_26\_011 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-70) Xiloa · silver #### Identity - Hole ID: BAPDDH\_26\_011 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 20 - Grade Unit: g/t - Intercept: 0.9 m - From: 231 m - To: 231.9 m - Intercept Depth: 231 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BAPDDH\_26\_011:231-231.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 20 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 18.0 g/t·m is below. - Negative factor: 20 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 20.0 Context: BAPDDH\_26\_011 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BAPDDH\_26\_013 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-71) Xiloa · silver #### Identity - Hole ID: BAPDDH\_26\_013 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 10.3 - Grade Unit: g/t - Intercept: 5.9 m - From: 232 m - To: 237.8 m - Intercept Depth: 232 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BAPDDH\_26\_013:232-237.8 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 10.3 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 60.8 g/t·m is below. - Negative factor: 10.3 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 10.3 Context: BAPDDH\_26\_013 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-72) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 4.2 - Grade Unit: g/t - Intercept: 0.7 m - From: 237.1 m - To: 237.8 m - Intercept Depth: 237.1 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:237.1-237.8 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 4.2 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.9 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.2 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-73) Xiloa · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 2.8 - Grade Unit: g/t - Intercept: 0.7 m - From: 237.1 m - To: 237.8 m - Intercept Depth: 237.1 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:237.1-237.8 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 2.8 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 2.0 g/t·m is below. - Negative factor: 2.8 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.8 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BAPDDH\_26\_012 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-74) Xiloa · silver #### Identity - Hole ID: BAPDDH\_26\_012 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.7 - Grade Unit: g/t - Intercept: 1.4 m - From: 174.9 m - To: 176.3 m - Intercept Depth: 174.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BAPDDH\_26\_012:174.9-176.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 8.7 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 12.2 g/t·m is below. - Negative factor: 8.7 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8.7 Context: BAPDDH\_26\_012 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-75) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.1 - Grade Unit: g/t - Intercept: 0.5 m - From: 175.8 m - To: 176.3 m - Intercept Depth: 175.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:175.8-176.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 8.1 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 4.0 g/t·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 8.1 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8.1 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-76) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 16.4 - Grade Unit: g/t - Intercept: 0.5 m - From: 175.8 m - To: 176.3 m - Intercept Depth: 175.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:175.8-176.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 16.4 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 8.2 g/t·m is below. - Negative factor: 16.4 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 16.4 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLRDDH\_26\_003 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-77) Xiloa · silver #### Identity - Hole ID: BLRDDH\_26\_003 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 14 - Grade Unit: g/t - Intercept: 1.5 m - From: 213.4 m - To: 214.9 m - Intercept Depth: 213.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BLRDDH\_26\_003:213.4-214.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 14 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 21.0 g/t·m is below. - Negative factor: 14 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 14.0 Context: BLRDDH\_26\_003 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-78) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 45.9 - Grade Unit: g/t - Intercept: 0.5 m - From: 213.4 m - To: 213.9 m - Intercept Depth: 213.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:213.4-213.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 45.9 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 22.9 g/t·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 45.9 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 45.9 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-79) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 41.7 - Grade Unit: g/t - Intercept: 0.5 m - From: 213.4 m - To: 213.9 m - Intercept Depth: 213.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:213.4-213.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 41.7 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 20.9 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 41.7 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPIODD\_26\_2267 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-80) Xiloa · silver #### Identity - Hole ID: BPIODD\_26\_2267 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 12.1 - Grade Unit: g/t - Intercept: 1.4 m - From: 260.9 m - To: 262.4 m - Intercept Depth: 260.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPIODD\_26\_2267:260.9-262.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 12.1 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 16.9 g/t·m is below. - Negative factor: 12.1 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 12.1 Context: BPIODD\_26\_2267 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLRDDH\_26\_002 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-81) Xiloa · silver #### Identity - Hole ID: BLRDDH\_26\_002 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 30.1 - Grade Unit: g/t - Intercept: 2.2 m - From: 287 m - To: 289.2 m - Intercept Depth: 287 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BLRDDH\_26\_002:287-289.2 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 30.1 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 66.2 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 30.1 Context: BLRDDH\_26\_002 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-82) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.2 - Grade Unit: g/t - Intercept: 0.7 m - From: 287.5 m - To: 288.2 m - Intercept Depth: 287.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:287.5-288.2 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 8.2 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 5.7 g/t·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 8.2 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8.2 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-83) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 29.2 - Grade Unit: g/t - Intercept: 0.7 m - From: 287.5 m - To: 288.2 m - Intercept Depth: 287.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:287.5-288.2 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 29.2 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 20.4 g/t·m is below. - Negative factor: 29.2 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 29.2 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPIODD\_26\_2271 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-84) Xiloa · silver #### Identity - Hole ID: BPIODD\_26\_2271 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 4.5 - Grade Unit: g/t - Intercept: 2 m - From: 449.1 m - To: 451.1 m - Intercept Depth: 449.1 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPIODD\_26\_2271:449.1-451.1 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 4.5 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 9.0 g/t·m is below. - Negative factor: 4.5 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.5 Context: BPIODD\_26\_2271 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-85) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 14 - Grade Unit: g/t - Intercept: 0.5 m - From: 449.1 m - To: 449.6 m - Intercept Depth: 449.1 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:449.1-449.6 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 14 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 7.0 g/t·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 14 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 14.0 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-86) Xiloa · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 12.8 - Grade Unit: g/t - Intercept: 0.5 m - From: 449.1 m - To: 449.6 m - Intercept Depth: 449.1 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:449.1-449.6 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 12.8 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 6.4 g/t·m is below. - Negative factor: 12.8 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 12.8 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPIODD\_26\_2272 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-87) Xiloa · silver #### Identity - Hole ID: BPIODD\_26\_2272 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 9.9 - Grade Unit: g/t - Intercept: 1.1 m - From: 223.7 m - To: 224.8 m - Intercept Depth: 223.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPIODD\_26\_2272:223.7-224.8 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 9.9 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 10.9 g/t·m is below. - Negative factor: 9.9 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 9.9 Context: BPIODD\_26\_2272 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPIODD\_26\_2270 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-88) Xiloa · silver #### Identity - Hole ID: BPIODD\_26\_2270 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 16 - Grade Unit: g/t - Intercept: 0.9 m - From: 183.8 m - To: 184.8 m - Intercept Depth: 183.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPIODD\_26\_2270:183.8-184.8 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 16 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 14.4 g/t·m is below. - Negative factor: 16 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 16.0 Context: BPIODD\_26\_2270 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPANUDD\_26\_1172 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-89) Xiloa · silver #### Identity - Hole ID: BPANUDD\_26\_1172 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 16.5 - Grade Unit: g/t - Intercept: 0.8 m - From: 161.3 m - To: 162.1 m - Intercept Depth: 161.3 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPANUDD\_26\_1172:161.3-162.1 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 16.5 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 13.2 g/t·m is below. - Negative factor: 16.5 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 16.5 Context: BPANUDD\_26\_1172 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPANUDD\_26\_1171 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-90) Xiloa · silver #### Identity - Hole ID: BPANUDD\_26\_1171 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 78.6 - Grade Unit: g/t - Intercept: 4.4 m - From: 250.4 m - To: 254.9 m - Intercept Depth: 250.4 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPANUDD\_26\_1171:250.4-254.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 78.6 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 345.8 g/t·m is weak. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 78.6 Context: BPANUDD\_26\_1171 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-91) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 18.4 - Grade Unit: g/t - Intercept: 1 m - From: 253.9 m - To: 254.9 m - Intercept Depth: 253.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:253.9-254.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 18.4 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 18.4 g/t·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 18.4 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 18.4 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-92) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 122 - Grade Unit: g/t - Intercept: 1 m - From: 253.9 m - To: 254.9 m - Intercept Depth: 253.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:253.9-254.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 122 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 122.0 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 122.0 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPANUDD\_26\_1172 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-93) Xiloa · silver #### Identity - Hole ID: BPANUDD\_26\_1172 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 31.8 - Grade Unit: g/t - Intercept: 2.4 m - From: 270.8 m - To: 273.2 m - Intercept Depth: 270.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPANUDD\_26\_1172:270.8-273.2 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 31.8 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 76.3 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 31.8 Context: BPANUDD\_26\_1172 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-94) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 24 - Grade Unit: g/t - Intercept: 0.6 m - From: 271.6 m - To: 272.3 m - Intercept Depth: 271.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:271.6-272.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 24 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 14.4 g/t·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 24 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 24.0 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-95) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 47.3 - Grade Unit: g/t - Intercept: 0.6 m - From: 271.6 m - To: 272.3 m - Intercept Depth: 271.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:271.6-272.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 47.3 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 28.4 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 47.3 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPANUDD\_26\_1168 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-96) Xiloa · silver #### Identity - Hole ID: BPANUDD\_26\_1168 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 19.4 - Grade Unit: g/t - Intercept: 1.7 m - From: 248.3 m - To: 250 m - Intercept Depth: 248.3 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPANUDD\_26\_1168:248.3-250 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 19.4 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 33.0 g/t·m is below. - Negative factor: 19.4 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 19.4 Context: BPANUDD\_26\_1168 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-97) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.7 - Grade Unit: g/t - Intercept: 1 m - From: 249 m - To: 250 m - Intercept Depth: 249 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:249-250 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 8.7 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.7 g/t·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 8.7 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8.7 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-98) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 17 - Grade Unit: g/t - Intercept: 1 m - From: 249 m - To: 250 m - Intercept Depth: 249 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:249-250 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 17 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 17.0 g/t·m is below. - Negative factor: 17 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 17.0 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPANUDD\_26\_1169 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-99) Xiloa · silver #### Identity - Hole ID: BPANUDD\_26\_1169 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 15.6 - Grade Unit: g/t - Intercept: 1 m - From: 250.8 m - To: 251.8 m - Intercept Depth: 250.8 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPANUDD\_26\_1169:250.8-251.8 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 15.6 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 15.6 g/t·m is below. - Negative factor: 15.6 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 15.6 Context: BPANUDD\_26\_1169 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPANUDD\_26\_1163 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-100) Xiloa · silver #### Identity - Hole ID: BPANUDD\_26\_1163 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 22.3 - Grade Unit: g/t - Intercept: 2.5 m - From: 244.2 m - To: 246.7 m - Intercept Depth: 244.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPANUDD\_26\_1163:244.2-246.7 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 22.3 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 55.8 g/t·m is below. - Negative factor: 22.3 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 22.3 Context: BPANUDD\_26\_1163 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-101) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 14.4 - Grade Unit: g/t - Intercept: 0.5 m - From: 244.2 m - To: 244.7 m - Intercept Depth: 244.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:244.2-244.7 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 14.4 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 7.2 g/t·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 14.4 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 14.4 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-102) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 52.7 - Grade Unit: g/t - Intercept: 0.5 m - From: 244.2 m - To: 244.7 m - Intercept Depth: 244.2 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:244.2-244.7 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 52.7 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 26.4 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 52.7 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPANUDD\_26\_1163 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-103) Xiloa · silver #### Identity - Hole ID: BPANUDD\_26\_1163 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 9.8 - Grade Unit: g/t - Intercept: 1.3 m - From: 231.7 m - To: 233 m - Intercept Depth: 231.7 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPANUDD\_26\_1163:231.7-233 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 9.8 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 12.7 g/t·m is below. - Negative factor: 9.8 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 9.8 Context: BPANUDD\_26\_1163 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPANUDD\_26\_1168 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-104) Xiloa · silver #### Identity - Hole ID: BPANUDD\_26\_1168 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 38.5 - Grade Unit: g/t - Intercept: 1.8 m - From: 242.1 m - To: 243.9 m - Intercept Depth: 242.1 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPANUDD\_26\_1168:242.1-243.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 38.5 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 69.3 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 38.5 Context: BPANUDD\_26\_1168 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-105) Xiloa · gold #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.7 - Grade Unit: g/t - Intercept: 0.6 m - From: 242.6 m - To: 243.3 m - Intercept Depth: 242.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:242.6-243.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 8.7 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 5.2 g/t·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 8.7 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8.7 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### incl. [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-106) Xiloa · silver #### Identity - Hole ID: incl. - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 66.5 - Grade Unit: g/t - Intercept: 0.6 m - From: 242.6 m - To: 243.3 m - Intercept Depth: 242.6 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: incl.:242.6-243.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 66.5 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 39.9 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 66.5 Context: incl. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPANUDD\_26\_1171 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-107) Xiloa · silver #### Identity - Hole ID: BPANUDD\_26\_1171 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 26.4 - Grade Unit: g/t - Intercept: 1 m - From: 245.9 m - To: 246.9 m - Intercept Depth: 245.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPANUDD\_26\_1171:245.9-246.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 26.4 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 26.4 g/t·m is below. - Negative factor: 26.4 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 26.4 Context: BPANUDD\_26\_1171 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BPANUDD\_26\_1165 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-108) Xiloa · silver #### Identity - Hole ID: BPANUDD\_26\_1165 - Project: Xiloa - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 8.8 - Grade Unit: g/t - Intercept: 1.4 m - From: 245.5 m - To: 247 m - Intercept Depth: 245.5 m #### Classification - Deposit Type: epithermal - Sample Type: drill - Group ID: BPANUDD\_26\_1165:245.5-247 - Mining Method: underground #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: Expanded from assay table. 8.8 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 12.3 g/t·m is below. - Negative factor: 8.8 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8.8 Context: BPANUDD\_26\_1165 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### BLDDH\_26\_050 [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-drill-facts-109) Porvenir Polymetallic District · silver #### Identity - Hole ID: BLDDH\_26\_050 - Project: Porvenir Polymetallic District - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MSA #### Geometry - Grade: 28.1 - Grade Unit: g/t - Intercept: 0.9 m #### Classification - Deposit Type: epithermal - Sample Type: drill #### QA/QC - Laboratory: ALS Global Peru - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This is an exceptionally high-grade gold intercept, confirming strong mineralization and representing a significant result for the Leticia vein system. - Positive factor: Bonanza Intercept - Positive factor: High Grade - Negative factor: Apparent Width Only Evidence · text > including 0.9 m at 133.0 g/t Au and 28.1 g/t Ag #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 (1) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/mineros-s-a-identifies-new-high-grade-vein-system-at-the-nicaragua-property-s-xi--72c8bbbe-f4b5-4a75-b16c-7d93815c3723#fact-resource-facts-46) Porvenir Polymetallic District · gold Historical result Needs review: historical\_restatement #### Identity - Project: Porvenir Polymetallic District - Commodity: gold - Region: nicaragua - Reported Region: Nicaragua - Ticker: MSA #### Resource scope - Estimate type: resource - Effective date: 2026-03-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Carlos David Rios - Resource group id: resource:251f12954b77198433d1 #### Resource Data - Category: inferred - Contained Metal: 313 - Contained Unit: koz #### Prior Estimate - Resource Date: 2026-03-31 #### Metal Equivalent - Metal Eq. Unit: AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-03-31T00:00:00.000Z #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: This is a re-release of previously reported Inferred Mineral Resources, providing context for the current drilling program but not new information. Inferred resources carry the least certainty. - Positive factor: QP/CP Signed - Positive factor: NI 43-101 Compliant - Negative factor: Stale Data Re-release - Negative factor: Inferred Resource Evidence · text > 313 Koz AuEq in the Inferred Resource category #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.