Mithril Silver And Gold June 2026 Quarterly Report Upgraded T1 MRE And District Expansion Drill Program

Original announcement by tmx on Jul 31, 2026

Bullish

Company: Mithril Silver And Gold Limited
Ticker: MSG
Exchange: TSX
Region: Durango State, Mexico
Primary commodity: Gold
Secondary commodities: Silver
Document categories: Drill results, Resource update, Other, Metallurgy
Extracted: 2026-09-18 10:40:21 UTC

Minestarters Atlas analysis

Summary

Mithril Silver And Gold reported a significant upgrade to its Copalquin Target 1 Mineral Resource Estimate, with a 196% increase in indicated gold and silver resources, now comprising 75% of the total. The MRE is constrained by preliminary underground mining shapes, providing a more realistic basis for future studies. The company also announced high-grade drill results from expansion programs at Target 3 and Target 5, confirming the district's potential. Metallurgical test work shows high recoveries for gold and silver. However, the company has less than two quarters of funding available, indicating a need for future capital raises.

Reasoning: The document reports a substantial upgrade to the Copalquin Target 1 Mineral Resource Estimate, significantly increasing the indicated category and incorporating mining constraints for improved realism. New high-grade drill results from Target 3 and Target 5 demonstrate district expansion potential. High metallurgical recoveries are also reported. However, the company's cash position indicates less than two quarters of funding, suggesting future capital raises will be necessary.

Positive factors

Significant increase in indicated resources (196% for gold and silver)
High confidence in resource classification (75% indicated)
Resource constrained within preliminary underground mining shapes, providing a more realistic basis for future studies
High-grade drill intercepts expanding known mineralization at Target 3 and Target 5
Project remains open along strike and at depth with multiple expansion opportunities
Metallurgical recoveries are high for both gold (96%) and silver (91%)

Negative factors

Funding available for less than 2 quarters, indicating potential need for future capital raises
Drill intercepts are generally narrow, typical of epithermal veins, which can increase mining complexity

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

Facts used in scoring: 200

Classification and evidence

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document details a significant upgrade to the Mineral Resource Estimate for Copalquin Target 1.

Evidence · text

“Significant mineral resource estimate (MRE) upgrade with total constrained and diluted Indicated and Inferred resources”

Category Upgradepositive

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: The MRE shows a 196% increase in higher-confidence indicated gold and silver compared to the previous estimate, with 75% of total gold and silver now classified as indicated.

Evidence · text

“196% increase in higher-confidence indicated gold and silver compared to previous MRE. 75% of total gold and silver now classified as indicated”

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The resource is constrained within preliminary underground mining shapes and incorporates expected mining dilution, providing a more realistic basis for future engineering and economic studies, which is typical for a PFS.

Evidence · text

“Resource constrained within preliminary underground mining shapes and incorporates expected mining dilution , providing a more realistic basis for future engineering and economic studies”

JORC Compliantpositive

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

Why it applies: The mineral resources were prepared in accordance with the CIM Definition Standards (2014) and Estimation of Mineral Resource and Mineral Reserve Best Practice guidelines (2019), which are materially identical to the JORC Code (2012).

Evidence · text

“Mineral resources were prepared in accordance with the CIM Definition Standards (2014) and Estimation of Mineral Resource and Mineral Reserve Best Practice guidelines (2019), which are materially identical to the JORC Code (2012).”

NI 43-101 Compliantpositive

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

Evidence · text

“Mineral resources were prepared in accordance with the CIM Definition Standards (2014) and Estimation of Mineral Resource and Mineral Reserve Best Practice guidelines (2019), which are materially identical to the JORC Code (2012)”

QP/CP Signedpositive

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

Why it applies: The preparation of the mineral resource estimate was supervised by John Sims, an independent Qualified Person (QP) and Competent Person (CP).

Evidence · text

“The preparation of the mineral resource estimate was supervised by John Sims, President of Sims Resources LLC, an independent contractor and Qualified Person (QP), and Competent Person (CP)”

High Recoverypositive · Story-specific tag

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Metallurgical recoveries of 96% for gold and 91% for silver are reported, which are strong for these commodities.

Evidence · text

“metallurgical recoveries of 96% Au and 91% Ag from metallurgical test work on Target 1 composite samples”

Bench Scale Onlynegative · Story-specific tag

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: Metallurgical test work was conducted on 'composite samples', indicating bench-scale testing rather than pilot plant operations.

Evidence · text

“metallurgical test work on Target 1 composite samples”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling at Target 5 has expanded the known gold-silver mineralisation, and RE26-009 was drilled as a 50m step out.

Evidence · text

“Drilling at Target 5 has expanded the known gold-silver mineralisation with high grades intercepted at the La Maquina area”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The recent drilling was primarily focused on increasing drill density within the core of the deposit to improve resource confidence.

Evidence · text

“Increasing drill density within the core of the deposit to improve resource confidence”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Hole GU26-002 intersected 0.50m at 33.20 g/t gold, which is an exceptionally high grade for gold.

Evidence · table

“33.20”

Context: GU26-002*

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent.

Why it applies: The AuEq calculation formula is provided, but the specific gold and silver prices used for the drill results are not explicitly stated in the drill tables' footnotes, only in the MRE section.

Evidence · text

“AuEq g/t = Au g/t + (Ag g/t x (Au price/Ag price) x (Ag recovery/Au recovery)), and is calculated using the underlying metals prices, along with metallurgical recoveries of 96% Au and 91% Ag from metallurgical test work on Target 1 composite samples.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Drill intercepts are given as downhole widths (Interval (m)) with no true width or drill orientation information provided.

Evidence · table

“Interval (m)”

Context: Hole ID Target 5

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The document states that samples are sent to ALS Global for preparation and assaying.

Evidence · text

“Samples are sent to ALS Global with sample preparation performed in Chihuahua City, Mexico and assaying of sample pulps performed in North Vancouver, BC, Canada.”

Funding Gap Exceeds Market Capnegative · Story-specific tag

Red flag regardless of headline NPV — the upside is not reachable by the current equity holder.

Why it applies: The estimated quarters of funding available is 1.89, which is less than 2 quarters, indicating a material funding gap relative to ongoing operations.

Evidence · table

“1.89”

Context: 8.7

Mill Routeneutral

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

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

Extracted facts

Stored fact records: 200. Some facts used in scoring do not have a stored record.

Drill Results (198)

MA26-001*Copalquin · goldGrade: 6.2Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: MA26-001*
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 6.2
Grade Unit: g/t
Intercept: 0.85 m
From: 122.8 m
To: 123.65 m
Intercept Depth: 122.8 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: MA26-001*:122.8-123.65

Location

Location: Target 5
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 17.11
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a high-grade gold intercept, indicating strong mineralization at Target 5 and supporting the expansion of the known system. The narrow width is typical for epithermal veins.

Positive factors

High gold grade (6.2 g/t) for an epithermal deposit
Contributes to expansion of known mineralization at Target 5

Negative factors

Narrow intercept length (0.85 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“6.20”

Context: MA26-001*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

MA26-001*Copalquin · silverGrade: 764Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: MA26-001*
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 764
Grade Unit: g/t
Intercept: 0.85 m
From: 122.8 m
To: 123.65 m
Intercept Depth: 122.8 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: MA26-001*:122.8-123.65

Location

Location: Target 5
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 17.11
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is an exceptionally high-grade silver intercept, confirming the silver-rich nature of the La Maquina area within Target 5. The narrow width is typical for epithermal veins.

Positive factors

Very high silver grade (764 g/t) for an epithermal deposit
Contributes to expansion of known mineralization at Target 5

Negative factors

Narrow intercept length (0.85 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“764.0”

Context: MA26-001*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

MA26-001*Copalquin · goldGrade: 1.16Grade Unit: g/tIntercept: 0.75 mView all details

Link to this fact

Identity

Hole ID: MA26-001*
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.16
Grade Unit: g/t
Intercept: 0.75 m
From: 169.45 m
To: 170.2 m
Intercept Depth: 169.45 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: MA26-001*:169.45-170.2

Location

Location: Target 5
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.42
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization but is of moderate grade and narrow width, contributing to the overall understanding of Target 5 but not a highlight.

Positive factors

Confirms gold mineralization at Target 5

Negative factors

Narrow intercept length (0.75 m)
Moderate gold grade (1.16 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.16”

Context: MA26-001*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

MA26-001*Copalquin · silverGrade: 18.1Grade Unit: g/tIntercept: 0.75 mView all details

Link to this fact

Identity

Hole ID: MA26-001*
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 18.1
Grade Unit: g/t
Intercept: 0.75 m
From: 169.45 m
To: 170.2 m
Intercept Depth: 169.45 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: MA26-001*:169.45-170.2

Location

Location: Target 5
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.42
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a narrow width, contributing to the geological model but not economically significant on its own.

Positive factors

Confirms silver mineralization at Target 5

Negative factors

Narrow intercept length (0.75 m)
Low silver grade (18.1 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“18.1”

Context: MA26-001*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-002Copalquin · goldGrade: 0.14Grade Unit: g/tIntercept: 0.6 mView all details

Link to this fact

Identity

Hole ID: JA26-002
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.14
Grade Unit: g/t
Intercept: 0.6 m
From: 29.35 m
To: 29.95 m
Intercept Depth: 29.35 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-002:29.35-29.95

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.3
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.14 g/t)
Narrow intercept length (0.6 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.14”

Context: JA26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-002Copalquin · silverGrade: 10.9Grade Unit: g/tIntercept: 0.6 mView all details

Link to this fact

Identity

Hole ID: JA26-002
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 10.9
Grade Unit: g/t
Intercept: 0.6 m
From: 29.35 m
To: 29.95 m
Intercept Depth: 29.35 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-002:29.35-29.95

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.3
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a narrow width, indicating presence of silver but not economically significant.

Positive factors

Confirms silver mineralization at Target 3

Negative factors

Low silver grade (10.9 g/t)
Narrow intercept length (0.6 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“10.9”

Context: JA26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-002Copalquin · goldGrade: 0.16Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: JA26-002
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.16
Grade Unit: g/t
Intercept: 1 m
From: 35 m
To: 36 m
Intercept Depth: 35 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-002:35-36

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.26
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.16 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.16”

Context: JA26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-002Copalquin · silverGrade: 7.6Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: JA26-002
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 7.6
Grade Unit: g/t
Intercept: 1 m
From: 35 m
To: 36 m
Intercept Depth: 35 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-002:35-36

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.26
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade silver mineralization over a narrow width, indicating presence of silver but not economically significant.

Positive factors

Confirms silver mineralization at Target 3

Negative factors

Very low silver grade (7.6 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“7.6”

Context: JA26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-002Copalquin · goldGrade: 0.95Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: JA26-002
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.95
Grade Unit: g/t
Intercept: 0.5 m
From: 36 m
To: 36.5 m
Intercept Depth: 36 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-002:36-36.5

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 2.67
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a very narrow width, contributing to the geological understanding of Target 3.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Narrow intercept length (0.5 m)
Moderate gold grade (0.95 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.95”

Context: JA26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-002Copalquin · silverGrade: 120Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: JA26-002
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 120
Grade Unit: g/t
Intercept: 0.5 m
From: 36 m
To: 36.5 m
Intercept Depth: 36 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-002:36-36.5

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 2.67
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows good silver grade over a very narrow width, indicating significant silver mineralization at Target 3.

Positive factors

Good silver grade (120 g/t) for an epithermal deposit
Confirms silver mineralization at Target 3

Negative factors

Narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“120.0”

Context: JA26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-002Copalquin · goldGrade: 0.33Grade Unit: g/tIntercept: 1.35 mView all details

Link to this fact

Identity

Hole ID: JA26-002
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.33
Grade Unit: g/t
Intercept: 1.35 m
From: 92 m
To: 93.35 m
Intercept Depth: 92 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-002:92-93.35

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.34
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.33 g/t)
Narrow intercept length (1.35 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.33”

Context: JA26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-002Copalquin · silverGrade: 0.5Grade Unit: g/tIntercept: 1.35 mView all details

Link to this fact

Identity

Hole ID: JA26-002
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.5
Grade Unit: g/t
Intercept: 1.35 m
From: 92 m
To: 93.35 m
Intercept Depth: 92 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-002:92-93.35

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.34
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (0.5 g/t)
Narrow intercept length (1.35 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.5”

Context: JA26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-002*Copalquin · goldGrade: 2.79Grade Unit: g/tIntercept: 0.9 mView all details

Link to this fact

Identity

Hole ID: JA26-002*
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 2.79
Grade Unit: g/t
Intercept: 0.9 m
From: 155.45 m
To: 156.35 m
Intercept Depth: 155.45 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-002*:155.45-156.35

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 4.95
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a strong gold intercept, indicating significant mineralization at Target 3, despite the narrow width.

Positive factors

Strong gold grade (2.79 g/t) for an epithermal deposit
Contributes to expansion of known mineralization at Target 3

Negative factors

Narrow intercept length (0.9 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“2.79”

Context: JA26-002*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-002*Copalquin · silverGrade: 151Grade Unit: g/tIntercept: 0.9 mView all details

Link to this fact

Identity

Hole ID: JA26-002*
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 151
Grade Unit: g/t
Intercept: 0.9 m
From: 155.45 m
To: 156.35 m
Intercept Depth: 155.45 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-002*:155.45-156.35

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 4.95
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a strong silver intercept, indicating significant mineralization at Target 3, despite the narrow width.

Positive factors

Strong silver grade (151 g/t) for an epithermal deposit
Contributes to expansion of known mineralization at Target 3

Negative factors

Narrow intercept length (0.9 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“151.0”

Context: JA26-002*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-003Copalquin · goldGrade: 0.23Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: JA26-003
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.23
Grade Unit: g/t
Intercept: 1 m
From: 57.45 m
To: 58.45 m
Intercept Depth: 57.45 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-003:57.45-58.45

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.25
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.23 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.23”

Context: JA26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-003Copalquin · silverGrade: 1.2Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: JA26-003
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.2
Grade Unit: g/t
Intercept: 1 m
From: 57.45 m
To: 58.45 m
Intercept Depth: 57.45 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-003:57.45-58.45

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.25
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (1.2 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.2”

Context: JA26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-003Copalquin · goldGrade: 0.26Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: JA26-003
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.26
Grade Unit: g/t
Intercept: 0.85 m
From: 69.65 m
To: 70.5 m
Intercept Depth: 69.65 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-003:69.65-70.5

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.33
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.26 g/t)
Narrow intercept length (0.85 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.26”

Context: JA26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-003Copalquin · silverGrade: 5.2Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: JA26-003
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 5.2
Grade Unit: g/t
Intercept: 0.85 m
From: 69.65 m
To: 70.5 m
Intercept Depth: 69.65 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-003:69.65-70.5

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.33
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (5.2 g/t)
Narrow intercept length (0.85 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“5.2”

Context: JA26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-004Copalquin · goldGrade: 0.38Grade Unit: g/tIntercept: 1.5 mView all details

Link to this fact

Identity

Hole ID: JA26-004
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.38
Grade Unit: g/t
Intercept: 1.5 m
From: 27.95 m
To: 29.45 m
Intercept Depth: 27.95 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-004:27.95-29.45

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.42
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Low gold grade (0.38 g/t)
Narrow intercept length (1.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.38”

Context: JA26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-004Copalquin · silverGrade: 3.3Grade Unit: g/tIntercept: 1.5 mView all details

Link to this fact

Identity

Hole ID: JA26-004
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 3.3
Grade Unit: g/t
Intercept: 1.5 m
From: 27.95 m
To: 29.45 m
Intercept Depth: 27.95 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-004:27.95-29.45

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.42
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (3.3 g/t)
Narrow intercept length (1.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“3.3”

Context: JA26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-004Copalquin · goldGrade: 0.12Grade Unit: g/tIntercept: 2.1 mView all details

Link to this fact

Identity

Hole ID: JA26-004
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.12
Grade Unit: g/t
Intercept: 2.1 m
From: 34.7 m
To: 36.8 m
Intercept Depth: 34.7 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-004:34.7-36.8

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.38
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.12 g/t)
Narrow intercept length (2.1 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.12”

Context: JA26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-004Copalquin · silverGrade: 18.4Grade Unit: g/tIntercept: 2.1 mView all details

Link to this fact

Identity

Hole ID: JA26-004
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 18.4
Grade Unit: g/t
Intercept: 2.1 m
From: 34.7 m
To: 36.8 m
Intercept Depth: 34.7 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-004:34.7-36.8

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.38
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a narrow width, indicating presence of silver but not economically significant.

Positive factors

Confirms silver mineralization at Target 3

Negative factors

Low silver grade (18.4 g/t)
Narrow intercept length (2.1 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“18.4”

Context: JA26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-004*Copalquin · goldGrade: 6.91Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: JA26-004*
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 6.91
Grade Unit: g/t
Intercept: 0.5 m
From: 102.5 m
To: 103 m
Intercept Depth: 102.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-004*:102.5-103

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 13.7
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a high-grade gold intercept, indicating strong mineralization at Target 3, despite the very narrow width.

Positive factors

High gold grade (6.91 g/t) for an epithermal deposit
Contributes to expansion of known mineralization at Target 3

Negative factors

Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“6.91”

Context: JA26-004*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-004*Copalquin · silverGrade: 475Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: JA26-004*
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 475
Grade Unit: g/t
Intercept: 0.5 m
From: 102.5 m
To: 103 m
Intercept Depth: 102.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-004*:102.5-103

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 13.7
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a very high-grade silver intercept, indicating strong mineralization at Target 3, despite the very narrow width.

Positive factors

Very high silver grade (475 g/t) for an epithermal deposit
Contributes to expansion of known mineralization at Target 3

Negative factors

Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“475.0”

Context: JA26-004*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-006*Copalquin · goldGrade: 1.12Grade Unit: g/tIntercept: 0.65 mView all details

Link to this fact

Identity

Hole ID: JA26-006*
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.12
Grade Unit: g/t
Intercept: 0.65 m
From: 54.5 m
To: 55.15 m
Intercept Depth: 54.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-006*:54.5-55.15

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.37
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Narrow intercept length (0.65 m)
Moderate gold grade (1.12 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.12”

Context: JA26-006*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

JA26-006*Copalquin · silverGrade: 17.8Grade Unit: g/tIntercept: 0.65 mView all details

Link to this fact

Identity

Hole ID: JA26-006*
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 17.8
Grade Unit: g/t
Intercept: 0.65 m
From: 54.5 m
To: 55.15 m
Intercept Depth: 54.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: JA26-006*:54.5-55.15

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.37
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms silver mineralization at Target 3

Negative factors

Narrow intercept length (0.65 m)
Low silver grade (17.8 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“17.8”

Context: JA26-006*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-001Copalquin · goldGrade: 0.27Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GU26-001
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.27
Grade Unit: g/t
Intercept: 1 m
From: 6.7 m
To: 7.7 m
Intercept Depth: 6.7 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-001:6.7-7.7

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.29
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.27 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.27”

Context: GU26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-001Copalquin · silverGrade: 1.2Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GU26-001
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.2
Grade Unit: g/t
Intercept: 1 m
From: 6.7 m
To: 7.7 m
Intercept Depth: 6.7 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-001:6.7-7.7

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.29
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (1.2 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.2”

Context: GU26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-001Copalquin · goldGrade: 0.16Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GU26-001
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.16
Grade Unit: g/t
Intercept: 1 m
From: 25.7 m
To: 26.7 m
Intercept Depth: 25.7 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-001:25.7-26.7

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.4
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.16 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.16”

Context: GU26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-001Copalquin · silverGrade: 17Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GU26-001
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 17
Grade Unit: g/t
Intercept: 1 m
From: 25.7 m
To: 26.7 m
Intercept Depth: 25.7 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-001:25.7-26.7

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.4
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a narrow width, indicating presence of silver but not economically significant.

Positive factors

Confirms silver mineralization at Target 3

Negative factors

Low silver grade (17.0 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“17.0”

Context: GU26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-001Copalquin · goldGrade: 1.02Grade Unit: g/tIntercept: 0.7 mView all details

Link to this fact

Identity

Hole ID: GU26-001
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.02
Grade Unit: g/t
Intercept: 0.7 m
From: 74.3 m
To: 75 m
Intercept Depth: 74.3 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-001:74.3-75

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 2
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Narrow intercept length (0.7 m)
Moderate gold grade (1.02 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.02”

Context: GU26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-001Copalquin · silverGrade: 68.4Grade Unit: g/tIntercept: 0.7 mView all details

Link to this fact

Identity

Hole ID: GU26-001
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 68.4
Grade Unit: g/t
Intercept: 0.7 m
From: 74.3 m
To: 75 m
Intercept Depth: 74.3 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-001:74.3-75

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 2
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows good silver grade over a narrow width, indicating significant silver mineralization at Target 3.

Positive factors

Good silver grade (68.4 g/t) for an epithermal deposit
Confirms silver mineralization at Target 3

Negative factors

Narrow intercept length (0.7 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“68.4”

Context: GU26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-001Copalquin · goldGrade: 0.5Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-001
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.5
Grade Unit: g/t
Intercept: 0.5 m
From: 79.5 m
To: 80 m
Intercept Depth: 79.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-001:79.5-80

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.52
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a very narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Low gold grade (0.5 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.50”

Context: GU26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-001Copalquin · silverGrade: 1.5Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-001
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.5
Grade Unit: g/t
Intercept: 0.5 m
From: 79.5 m
To: 80 m
Intercept Depth: 79.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-001:79.5-80

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.52
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a very narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (1.5 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.5”

Context: GU26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-002*Copalquin · goldGrade: 33.2Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-002*
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 33.2
Grade Unit: g/t
Intercept: 0.5 m
From: 134.95 m
To: 135.45 m
Intercept Depth: 134.95 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-002*:134.95-135.45

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 33.28
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is an exceptionally high-grade gold intercept, indicating bonanza-grade mineralization at Target 3, despite the very narrow width.

Positive factors

Exceptional gold grade (33.2 g/t) for an epithermal deposit
Contributes to expansion of known mineralization at Target 3

Negative factors

Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“33.20”

Context: GU26-002*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-002*Copalquin · silverGrade: 5.9Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-002*
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 5.9
Grade Unit: g/t
Intercept: 0.5 m
From: 134.95 m
To: 135.45 m
Intercept Depth: 134.95 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-002*:134.95-135.45

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 33.28
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a very narrow width, but is associated with a bonanza gold grade.

Positive factors

Confirms silver mineralization at Target 3

Negative factors

Extremely low silver grade (5.9 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“5.9”

Context: GU26-002*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-003Copalquin · goldGrade: 0.69Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GU26-003
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.69
Grade Unit: g/t
Intercept: 1 m
From: 19.2 m
To: 20.2 m
Intercept Depth: 19.2 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-003:19.2-20.2

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.7
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Low gold grade (0.69 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.69”

Context: GU26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-003Copalquin · silverGrade: 0.9Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GU26-003
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.9
Grade Unit: g/t
Intercept: 1 m
From: 19.2 m
To: 20.2 m
Intercept Depth: 19.2 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-003:19.2-20.2

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.7
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (0.9 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.9”

Context: GU26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-003Copalquin · goldGrade: 0.29Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GU26-003
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.29
Grade Unit: g/t
Intercept: 1 m
From: 20.2 m
To: 21.2 m
Intercept Depth: 20.2 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-003:20.2-21.2

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.32
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.29 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.29”

Context: GU26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-003Copalquin · silverGrade: 2.1Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GU26-003
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 2.1
Grade Unit: g/t
Intercept: 1 m
From: 20.2 m
To: 21.2 m
Intercept Depth: 20.2 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-003:20.2-21.2

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.32
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (2.1 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“2.1”

Context: GU26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-003Copalquin · goldGrade: 0.49Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: GU26-003
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.49
Grade Unit: g/t
Intercept: 2 m
From: 19.2 m
To: 21.2 m
Intercept Depth: 19.2 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-003:19.2-21.2

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.51
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Low gold grade (0.49 g/t)
Narrow intercept length (2.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.49”

Context: GU26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-003Copalquin · silverGrade: 1.5Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: GU26-003
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.5
Grade Unit: g/t
Intercept: 2 m
From: 19.2 m
To: 21.2 m
Intercept Depth: 19.2 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-003:19.2-21.2

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.51
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (1.5 g/t)
Narrow intercept length (2.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.5”

Context: GU26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-003*Copalquin · goldGrade: 0.76Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-003*
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.76
Grade Unit: g/t
Intercept: 0.5 m
From: 68.65 m
To: 69.15 m
Intercept Depth: 68.65 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-003*:68.65-69.15

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.16
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a very narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Low gold grade (0.76 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.76”

Context: GU26-003*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-003*Copalquin · silverGrade: 27.7Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-003*
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 27.7
Grade Unit: g/t
Intercept: 0.5 m
From: 68.65 m
To: 69.15 m
Intercept Depth: 68.65 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-003*:68.65-69.15

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.16
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a very narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms silver mineralization at Target 3

Negative factors

Low silver grade (27.7 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“27.7”

Context: GU26-003*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · goldGrade: 0.28Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.28
Grade Unit: g/t
Intercept: 0.5 m
From: 11.1 m
To: 11.6 m
Intercept Depth: 11.1 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:11.1-11.6

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.3
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a very narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.28 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.28”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · silverGrade: 1.2Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.2
Grade Unit: g/t
Intercept: 0.5 m
From: 11.1 m
To: 11.6 m
Intercept Depth: 11.1 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:11.1-11.6

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.3
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a very narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (1.2 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.2”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · goldGrade: 0.41Grade Unit: g/tIntercept: 1.75 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.41
Grade Unit: g/t
Intercept: 1.75 m
From: 31.75 m
To: 33.5 m
Intercept Depth: 31.75 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:31.75-33.5

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.41
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Low gold grade (0.41 g/t)
Narrow intercept length (1.75 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.41”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · silverGrade: 0.3Grade Unit: g/tIntercept: 1.75 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.3
Grade Unit: g/t
Intercept: 1.75 m
From: 31.75 m
To: 33.5 m
Intercept Depth: 31.75 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:31.75-33.5

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.41
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (0.3 g/t)
Narrow intercept length (1.75 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.3”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · goldGrade: 0.37Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.37
Grade Unit: g/t
Intercept: 0.5 m
From: 33.5 m
To: 34 m
Intercept Depth: 33.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:33.5-34

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.38
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a very narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.37 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.37”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · silverGrade: 0.9Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.9
Grade Unit: g/t
Intercept: 0.5 m
From: 33.5 m
To: 34 m
Intercept Depth: 33.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:33.5-34

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.38
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a very narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (0.9 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.9”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · goldGrade: 0.8Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.8
Grade Unit: g/t
Intercept: 0.5 m
From: 62.3 m
To: 62.8 m
Intercept Depth: 62.3 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:62.3-62.8

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.81
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a very narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Low gold grade (0.8 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.80”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · silverGrade: 0.7Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.7
Grade Unit: g/t
Intercept: 0.5 m
From: 62.3 m
To: 62.8 m
Intercept Depth: 62.3 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:62.3-62.8

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.81
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a very narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (0.7 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.7”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · goldGrade: 0.2Grade Unit: g/tIntercept: 0.65 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.2
Grade Unit: g/t
Intercept: 0.65 m
From: 67.35 m
To: 68 m
Intercept Depth: 67.35 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:67.35-68

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.3
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.2 g/t)
Narrow intercept length (0.65 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.20”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · silverGrade: 6.7Grade Unit: g/tIntercept: 0.65 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 6.7
Grade Unit: g/t
Intercept: 0.65 m
From: 67.35 m
To: 68 m
Intercept Depth: 67.35 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:67.35-68

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.3
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (6.7 g/t)
Narrow intercept length (0.65 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“6.7”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · goldGrade: 0.54Grade Unit: g/tIntercept: 1.2 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.54
Grade Unit: g/t
Intercept: 1.2 m
From: 68 m
To: 69.2 m
Intercept Depth: 68 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:68-69.2

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.84
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Low gold grade (0.54 g/t)
Narrow intercept length (1.2 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.54”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · silverGrade: 21.2Grade Unit: g/tIntercept: 1.2 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 21.2
Grade Unit: g/t
Intercept: 1.2 m
From: 68 m
To: 69.2 m
Intercept Depth: 68 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:68-69.2

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.84
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms silver mineralization at Target 3

Negative factors

Low silver grade (21.2 g/t)
Narrow intercept length (1.2 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“21.2”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004*Copalquin · goldGrade: 1.24Grade Unit: g/tIntercept: 0.55 mView all details

Link to this fact

Identity

Hole ID: GU26-004*
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.24
Grade Unit: g/t
Intercept: 0.55 m
From: 75.85 m
To: 76.4 m
Intercept Depth: 75.85 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004*:75.85-76.4

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.33
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Narrow intercept length (0.55 m)
Moderate gold grade (1.24 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.24”

Context: GU26-004*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004*Copalquin · silverGrade: 6.1Grade Unit: g/tIntercept: 0.55 mView all details

Link to this fact

Identity

Hole ID: GU26-004*
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 6.1
Grade Unit: g/t
Intercept: 0.55 m
From: 75.85 m
To: 76.4 m
Intercept Depth: 75.85 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004*:75.85-76.4

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.33
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (6.1 g/t)
Narrow intercept length (0.55 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“6.1”

Context: GU26-004*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · goldGrade: 0.26Grade Unit: g/tIntercept: 0.55 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.26
Grade Unit: g/t
Intercept: 0.55 m
From: 80.5 m
To: 81.05 m
Intercept Depth: 80.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:80.5-81.05

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.26
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.26 g/t)
Narrow intercept length (0.55 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.26”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-004Copalquin · silverGrade: 0.3Grade Unit: g/tIntercept: 0.55 mView all details

Link to this fact

Identity

Hole ID: GU26-004
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.3
Grade Unit: g/t
Intercept: 0.55 m
From: 80.5 m
To: 81.05 m
Intercept Depth: 80.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-004:80.5-81.05

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.26
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (0.3 g/t)
Narrow intercept length (0.55 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.3”

Context: GU26-004

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-005Copalquin · goldGrade: 0.19Grade Unit: g/tIntercept: 0.8 mView all details

Link to this fact

Identity

Hole ID: GU26-005
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.19
Grade Unit: g/t
Intercept: 0.8 m
From: 32.2 m
To: 33 m
Intercept Depth: 32.2 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-005:32.2-33

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.31
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.19 g/t)
Narrow intercept length (0.8 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.19”

Context: GU26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-005Copalquin · silverGrade: 8.4Grade Unit: g/tIntercept: 0.8 mView all details

Link to this fact

Identity

Hole ID: GU26-005
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 8.4
Grade Unit: g/t
Intercept: 0.8 m
From: 32.2 m
To: 33 m
Intercept Depth: 32.2 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-005:32.2-33

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.31
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade silver mineralization over a narrow width, indicating presence of silver but not economically significant.

Positive factors

Confirms silver mineralization at Target 3

Negative factors

Very low silver grade (8.4 g/t)
Narrow intercept length (0.8 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“8.4”

Context: GU26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-005Copalquin · goldGrade: 0.39Grade Unit: g/tIntercept: 1.5 mView all details

Link to this fact

Identity

Hole ID: GU26-005
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.39
Grade Unit: g/t
Intercept: 1.5 m
From: 48.65 m
To: 50.15 m
Intercept Depth: 48.65 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-005:48.65-50.15

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.42
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a narrow width, contributing to the overall understanding of Target 3.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Low gold grade (0.39 g/t)
Narrow intercept length (1.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.39”

Context: GU26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-005Copalquin · silverGrade: 2.4Grade Unit: g/tIntercept: 1.5 mView all details

Link to this fact

Identity

Hole ID: GU26-005
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 2.4
Grade Unit: g/t
Intercept: 1.5 m
From: 48.65 m
To: 50.15 m
Intercept Depth: 48.65 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-005:48.65-50.15

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.42
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (2.4 g/t)
Narrow intercept length (1.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“2.4”

Context: GU26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-005Copalquin · goldGrade: 0.18Grade Unit: g/tIntercept: 0.6 mView all details

Link to this fact

Identity

Hole ID: GU26-005
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.18
Grade Unit: g/t
Intercept: 0.6 m
From: 68.3 m
To: 68.9 m
Intercept Depth: 68.3 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-005:68.3-68.9

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.3
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.18 g/t)
Narrow intercept length (0.6 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.18”

Context: GU26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

GU26-005Copalquin · silverGrade: 8.3Grade Unit: g/tIntercept: 0.6 mView all details

Link to this fact

Identity

Hole ID: GU26-005
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 8.3
Grade Unit: g/t
Intercept: 0.6 m
From: 68.3 m
To: 68.9 m
Intercept Depth: 68.3 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: GU26-005:68.3-68.9

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.3
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade silver mineralization over a narrow width, indicating presence of silver but not economically significant.

Positive factors

Confirms silver mineralization at Target 3

Negative factors

Very low silver grade (8.3 g/t)
Narrow intercept length (0.6 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“8.3”

Context: GU26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

CS26-002Copalquin · goldGrade: 0.13Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: CS26-002
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.13
Grade Unit: g/t
Intercept: 0.5 m
From: 48.65 m
To: 49.15 m
Intercept Depth: 48.65 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: CS26-002:48.65-49.15

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.35
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a very narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.13 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.13”

Context: CS26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

CS26-002Copalquin · silverGrade: 15.6Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: CS26-002
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 15.6
Grade Unit: g/t
Intercept: 0.5 m
From: 48.65 m
To: 49.15 m
Intercept Depth: 48.65 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: CS26-002:48.65-49.15

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.35
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a very narrow width, indicating presence of silver but not economically significant.

Positive factors

Confirms silver mineralization at Target 3

Negative factors

Low silver grade (15.6 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“15.6”

Context: CS26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

CS26-002Copalquin · goldGrade: 0.26Grade Unit: g/tIntercept: 1.5 mView all details

Link to this fact

Identity

Hole ID: CS26-002
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.26
Grade Unit: g/t
Intercept: 1.5 m
From: 54.5 m
To: 56 m
Intercept Depth: 54.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: CS26-002:54.5-56

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.29
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, indicating presence of gold but not economically significant.

Positive factors

Confirms gold mineralization at Target 3

Negative factors

Very low gold grade (0.26 g/t)
Narrow intercept length (1.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.26”

Context: CS26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

CS26-002Copalquin · silverGrade: 1.9Grade Unit: g/tIntercept: 1.5 mView all details

Link to this fact

Identity

Hole ID: CS26-002
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.9
Grade Unit: g/t
Intercept: 1.5 m
From: 54.5 m
To: 56 m
Intercept Depth: 54.5 m

Classification

Deposit Type: epithermal
Program: exploration
Sample Type: drill
Group ID: CS26-002:54.5-56

Location

Location: Target 3
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.29
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, indicating minimal economic significance.

Negative factors

Extremely low silver grade (1.9 g/t)
Narrow intercept length (1.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.9”

Context: CS26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

RE26-001Copalquin · goldGrade: 0.85Grade Unit: g/tIntercept: 1.2 mView all details

Link to this fact

Identity

Hole ID: RE26-001
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.85
Grade Unit: g/t
Intercept: 1.2 m
From: 304 m
To: 305.2 m
Intercept Depth: 304 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-001:304-305.2

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.31
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a narrow width, contributing to the resource upgrade but not a highlight.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Low gold grade (0.85 g/t)
Narrow intercept length (1.2 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.85”

Context: RE26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-001Copalquin · silverGrade: 32.7Grade Unit: g/tIntercept: 1.2 mView all details

Link to this fact

Identity

Hole ID: RE26-001
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 32.7
Grade Unit: g/t
Intercept: 1.2 m
From: 304 m
To: 305.2 m
Intercept Depth: 304 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-001:304-305.2

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.31
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a narrow width, contributing to the resource upgrade but not a highlight.

Positive factors

Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (32.7 g/t)
Narrow intercept length (1.2 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“32.7”

Context: RE26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-001Copalquin · goldGrade: 1.02Grade Unit: g/tIntercept: 4 mView all details

Link to this fact

Identity

Hole ID: RE26-001
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.02
Grade Unit: g/t
Intercept: 4 m
From: 313.15 m
To: 317.15 m
Intercept Depth: 313.15 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-001:313.15-317.15

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.47
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a reasonable width, contributing positively to the resource upgrade at Target 1.

Positive factors

Moderate gold grade (1.02 g/t) over a reasonable width (4.0 m)
Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.02”

Context: RE26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-001Copalquin · silverGrade: 31.6Grade Unit: g/tIntercept: 4 mView all details

Link to this fact

Identity

Hole ID: RE26-001
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 31.6
Grade Unit: g/t
Intercept: 4 m
From: 313.15 m
To: 317.15 m
Intercept Depth: 313.15 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-001:313.15-317.15

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.47
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a reasonable width, contributing to the resource upgrade but not a highlight.

Positive factors

Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (31.6 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“31.6”

Context: RE26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-001Copalquin · goldGrade: 4.36Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: RE26-001
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 4.36
Grade Unit: g/t
Intercept: 0.5 m
From: 316.65 m
To: 317.15 m
Intercept Depth: 316.65 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-001:316.65-317.15

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 5.08
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a high-grade gold sub-intercept, indicating a concentrated zone of mineralization within the broader interval, positively impacting the resource upgrade.

Positive factors

High gold grade (4.36 g/t) for an epithermal deposit
Confirms strong gold mineralization at Target 1 for resource upgrade

Negative factors

Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“4.36”

Context: 316.65

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-001Copalquin · silverGrade: 50.2Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: RE26-001
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 50.2
Grade Unit: g/t
Intercept: 0.5 m
From: 316.65 m
To: 317.15 m
Intercept Depth: 316.65 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-001:316.65-317.15

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 5.08
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a good silver sub-intercept, indicating a concentrated zone of mineralization within the broader interval, positively impacting the resource upgrade.

Positive factors

Good silver grade (50.2 g/t) for an epithermal deposit
Confirms strong silver mineralization at Target 1 for resource upgrade

Negative factors

Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“50.2”

Context: 316.65

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-002Copalquin · goldGrade: 3.12Grade Unit: g/tIntercept: 0.65 mView all details

Link to this fact

Identity

Hole ID: RE26-002
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 3.12
Grade Unit: g/t
Intercept: 0.65 m
From: 290.25 m
To: 290.9 m
Intercept Depth: 290.25 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-002:290.25-290.9

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 4.36
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a strong gold intercept, indicating significant mineralization at Target 1 and contributing positively to the resource upgrade.

Positive factors

Strong gold grade (3.12 g/t) for an epithermal deposit
Confirms strong gold mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (0.65 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“3.12”

Context: RE26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-002Copalquin · silverGrade: 86.7Grade Unit: g/tIntercept: 0.65 mView all details

Link to this fact

Identity

Hole ID: RE26-002
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 86.7
Grade Unit: g/t
Intercept: 0.65 m
From: 290.25 m
To: 290.9 m
Intercept Depth: 290.25 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-002:290.25-290.9

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 4.36
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a strong silver intercept, indicating significant mineralization at Target 1 and contributing positively to the resource upgrade.

Positive factors

Strong silver grade (86.7 g/t) for an epithermal deposit
Confirms strong silver mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (0.65 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“86.7”

Context: RE26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · goldGrade: 0.24Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.24
Grade Unit: g/t
Intercept: 2 m
From: 64.2 m
To: 66.2 m
Intercept Depth: 64.2 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:64.2-66.2

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.42
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Very low gold grade (0.24 g/t)
Narrow intercept length (2.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.24”

Context: RE26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · silverGrade: 12.3Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 12.3
Grade Unit: g/t
Intercept: 2 m
From: 64.2 m
To: 66.2 m
Intercept Depth: 64.2 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:64.2-66.2

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.42
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade silver mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Very low silver grade (12.3 g/t)
Narrow intercept length (2.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“12.3”

Context: RE26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003*Copalquin · goldGrade: 0.59Grade Unit: g/tIntercept: 16 mView all details

Link to this fact

Identity

Hole ID: RE26-003*
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.59
Grade Unit: g/t
Intercept: 16 m
From: 78.15 m
To: 94.15 m
Intercept Depth: 78.15 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003*:78.15-94.15

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.18
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a significant width, which is positive for resource continuity and upgrade.

Positive factors

Good intercept length (16.0 m)
Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Low gold grade (0.59 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.59”

Context: RE26-003*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003*Copalquin · silverGrade: 41Grade Unit: g/tIntercept: 16 mView all details

Link to this fact

Identity

Hole ID: RE26-003*
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 41
Grade Unit: g/t
Intercept: 16 m
From: 78.15 m
To: 94.15 m
Intercept Depth: 78.15 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003*:78.15-94.15

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.18
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a significant width, which is positive for resource continuity and upgrade.

Positive factors

Good intercept length (16.0 m)
Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (41.0 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“41.0”

Context: RE26-003*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · goldGrade: 0.77Grade Unit: g/tIntercept: 6.8 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.77
Grade Unit: g/t
Intercept: 6.8 m
From: 78.95 m
To: 85.75 m
Intercept Depth: 78.95 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:78.95-85.75

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.44
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This sub-intercept shows low-grade gold mineralization over a good width, contributing positively to the resource upgrade.

Positive factors

Good intercept length (6.8 m)
Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Low gold grade (0.77 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.77”

Context: 78.95

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · silverGrade: 46.6Grade Unit: g/tIntercept: 6.8 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 46.6
Grade Unit: g/t
Intercept: 6.8 m
From: 78.95 m
To: 85.75 m
Intercept Depth: 78.95 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:78.95-85.75

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.44
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This sub-intercept shows low-grade silver mineralization over a good width, contributing positively to the resource upgrade.

Positive factors

Good intercept length (6.8 m)
Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (46.6 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“46.6”

Context: 78.95

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · goldGrade: 3.48Grade Unit: g/tIntercept: 0.65 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 3.48
Grade Unit: g/t
Intercept: 0.65 m
From: 91.2 m
To: 91.85 m
Intercept Depth: 91.2 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:91.2-91.85

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 7.17
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a high-grade gold sub-intercept, indicating a concentrated zone of mineralization within the broader interval, positively impacting the resource upgrade.

Positive factors

High gold grade (3.48 g/t) for an epithermal deposit
Confirms strong gold mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (0.65 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“3.48”

Context: 91.20

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · silverGrade: 258Grade Unit: g/tIntercept: 0.65 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 258
Grade Unit: g/t
Intercept: 0.65 m
From: 91.2 m
To: 91.85 m
Intercept Depth: 91.2 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:91.2-91.85

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 7.17
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a high-grade silver sub-intercept, indicating a concentrated zone of mineralization within the broader interval, positively impacting the resource upgrade.

Positive factors

High silver grade (258 g/t) for an epithermal deposit
Confirms strong silver mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (0.65 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“258.0”

Context: 91.20

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · goldGrade: 0.33Grade Unit: g/tIntercept: 1.3 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.33
Grade Unit: g/t
Intercept: 1.3 m
From: 96.9 m
To: 98.2 m
Intercept Depth: 96.9 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:96.9-98.2

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.42
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Very low gold grade (0.33 g/t)
Narrow intercept length (1.3 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.33”

Context: RE26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · silverGrade: 76.4Grade Unit: g/tIntercept: 1.3 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 76.4
Grade Unit: g/t
Intercept: 1.3 m
From: 96.9 m
To: 98.2 m
Intercept Depth: 96.9 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:96.9-98.2

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.42
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows good silver grade over a narrow width, contributing positively to the resource upgrade.

Positive factors

Good silver grade (76.4 g/t) for an epithermal deposit
Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (1.3 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“76.4”

Context: RE26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · goldGrade: 0.35Grade Unit: g/tIntercept: 9.05 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.35
Grade Unit: g/t
Intercept: 9.05 m
From: 104.3 m
To: 113.35 m
Intercept Depth: 104.3 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:104.3-113.35

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.82
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a good width, contributing to the resource upgrade but not a highlight.

Positive factors

Good intercept length (9.05 m)
Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Low gold grade (0.35 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.35”

Context: RE26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · silverGrade: 33Grade Unit: g/tIntercept: 9.05 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 33
Grade Unit: g/t
Intercept: 9.05 m
From: 104.3 m
To: 113.35 m
Intercept Depth: 104.3 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:104.3-113.35

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.82
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a good width, contributing to the resource upgrade but not a highlight.

Positive factors

Good intercept length (9.05 m)
Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (33.0 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“33.0”

Context: RE26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · goldGrade: 0.49Grade Unit: g/tIntercept: 1.65 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.49
Grade Unit: g/t
Intercept: 1.65 m
From: 110.9 m
To: 112.55 m
Intercept Depth: 110.9 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:110.9-112.55

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.5
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This sub-intercept shows low-grade gold mineralization over a narrow width, contributing to the resource upgrade but not a highlight.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Low gold grade (0.49 g/t)
Narrow intercept length (1.65 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.49”

Context: 110.90

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003Copalquin · silverGrade: 71Grade Unit: g/tIntercept: 1.65 mView all details

Link to this fact

Identity

Hole ID: RE26-003
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 71
Grade Unit: g/t
Intercept: 1.65 m
From: 110.9 m
To: 112.55 m
Intercept Depth: 110.9 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-003:110.9-112.55

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.5
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This sub-intercept shows good silver grade over a narrow width, contributing positively to the resource upgrade.

Positive factors

Good silver grade (71.0 g/t) for an epithermal deposit
Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (1.65 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“71.0”

Context: 110.90

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-004*Copalquin · goldGrade: 12.09Grade Unit: g/tIntercept: 3.45 mView all details

Link to this fact

Identity

Hole ID: RE26-004*
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 12.09
Grade Unit: g/t
Intercept: 3.45 m
From: 153.9 m
To: 157.35 m
Intercept Depth: 153.9 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-004*:153.9-157.35

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 15.65
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is an exceptional gold intercept over a good width, indicating very strong mineralization and significantly contributing to the resource upgrade.

Positive factors

Exceptional gold grade (12.09 g/t) for an epithermal deposit
Good intercept length (3.45 m)
Confirms strong gold mineralization at Target 1 for resource upgrade

Negative factors

Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“12.09”

Context: RE26-004*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-004*Copalquin · silverGrade: 249.3Grade Unit: g/tIntercept: 3.45 mView all details

Link to this fact

Identity

Hole ID: RE26-004*
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 249.3
Grade Unit: g/t
Intercept: 3.45 m
From: 153.9 m
To: 157.35 m
Intercept Depth: 153.9 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-004*:153.9-157.35

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 15.65
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a high-grade silver intercept over a good width, indicating very strong mineralization and significantly contributing to the resource upgrade.

Positive factors

High silver grade (249.3 g/t) for an epithermal deposit
Good intercept length (3.45 m)
Confirms strong silver mineralization at Target 1 for resource upgrade

Negative factors

Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“249.3”

Context: RE26-004*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-004Copalquin · goldGrade: 24.6Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: RE26-004
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 24.6
Grade Unit: g/t
Intercept: 0.85 m
From: 156 m
To: 156.85 m
Intercept Depth: 156 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-004:156-156.85

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 29.27
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is an exceptionally high-grade gold sub-intercept, indicating a bonanza-grade zone within the broader interval, significantly boosting the resource upgrade.

Positive factors

Exceptional gold grade (24.6 g/t) for an epithermal deposit
Confirms bonanza-grade gold mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (0.85 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“24.60”

Context: 156.00

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-004Copalquin · silverGrade: 327Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: RE26-004
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 327
Grade Unit: g/t
Intercept: 0.85 m
From: 156 m
To: 156.85 m
Intercept Depth: 156 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-004:156-156.85

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 29.27
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is an exceptionally high-grade silver sub-intercept, indicating a concentrated zone of mineralization within the broader interval, significantly boosting the resource upgrade.

Positive factors

Exceptional silver grade (327 g/t) for an epithermal deposit
Confirms strong silver mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (0.85 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“327.0”

Context: 156.00

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-005Copalquin · goldGrade: 3.38Grade Unit: g/tIntercept: 1.55 mView all details

Link to this fact

Identity

Hole ID: RE26-005
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 3.38
Grade Unit: g/t
Intercept: 1.55 m
From: 228.3 m
To: 229.85 m
Intercept Depth: 228.3 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-005:228.3-229.85

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 3.55
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a strong gold intercept, indicating significant mineralization at Target 1 and contributing positively to the resource upgrade.

Positive factors

Strong gold grade (3.38 g/t) for an epithermal deposit
Confirms strong gold mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (1.55 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“3.38”

Context: RE26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-005Copalquin · silverGrade: 12Grade Unit: g/tIntercept: 1.55 mView all details

Link to this fact

Identity

Hole ID: RE26-005
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 12
Grade Unit: g/t
Intercept: 1.55 m
From: 228.3 m
To: 229.85 m
Intercept Depth: 228.3 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-005:228.3-229.85

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 3.55
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade silver mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Very low silver grade (12.0 g/t)
Narrow intercept length (1.55 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“12.0”

Context: RE26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-005Copalquin · goldGrade: 1.67Grade Unit: g/tIntercept: 7 mView all details

Link to this fact

Identity

Hole ID: RE26-005
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.67
Grade Unit: g/t
Intercept: 7 m
From: 233 m
To: 240 m
Intercept Depth: 233 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-005:233-240

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 2.17
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width, which is positive for resource continuity and upgrade.

Positive factors

Good intercept length (7.0 m)
Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Moderate gold grade (1.67 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.67”

Context: RE26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-005Copalquin · silverGrade: 35Grade Unit: g/tIntercept: 7 mView all details

Link to this fact

Identity

Hole ID: RE26-005
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 35
Grade Unit: g/t
Intercept: 7 m
From: 233 m
To: 240 m
Intercept Depth: 233 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-005:233-240

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 2.17
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a good width, contributing to the resource upgrade but not a highlight.

Positive factors

Good intercept length (7.0 m)
Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (35.0 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“35.0”

Context: RE26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-005Copalquin · goldGrade: 1.5Grade Unit: g/tIntercept: 3 mView all details

Link to this fact

Identity

Hole ID: RE26-005
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.5
Grade Unit: g/t
Intercept: 3 m
From: 244 m
To: 247 m
Intercept Depth: 244 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-005:244-247

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 2.16
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good width, which is positive for resource continuity and upgrade.

Positive factors

Good intercept length (3.0 m)
Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Moderate gold grade (1.5 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.50”

Context: RE26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-005Copalquin · silverGrade: 46Grade Unit: g/tIntercept: 3 mView all details

Link to this fact

Identity

Hole ID: RE26-005
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 46
Grade Unit: g/t
Intercept: 3 m
From: 244 m
To: 247 m
Intercept Depth: 244 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-005:244-247

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 2.16
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a good width, contributing to the resource upgrade but not a highlight.

Positive factors

Good intercept length (3.0 m)
Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (46.0 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“46.0”

Context: RE26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-005Copalquin · goldGrade: 0.81Grade Unit: g/tIntercept: 3.5 mView all details

Link to this fact

Identity

Hole ID: RE26-005
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.81
Grade Unit: g/t
Intercept: 3.5 m
From: 275 m
To: 278.5 m
Intercept Depth: 275 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-005:275-278.5

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.99
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a good width, contributing to the resource upgrade but not a highlight.

Positive factors

Good intercept length (3.5 m)
Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Low gold grade (0.81 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.81”

Context: RE26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-005Copalquin · silverGrade: 12.8Grade Unit: g/tIntercept: 3.5 mView all details

Link to this fact

Identity

Hole ID: RE26-005
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 12.8
Grade Unit: g/t
Intercept: 3.5 m
From: 275 m
To: 278.5 m
Intercept Depth: 275 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-005:275-278.5

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.99
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade silver mineralization over a good width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Very low silver grade (12.8 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“12.8”

Context: RE26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · goldGrade: 0.33Grade Unit: g/tIntercept: 1.65 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.33
Grade Unit: g/t
Intercept: 1.65 m
From: 23 m
To: 24.65 m
Intercept Depth: 23 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:23-24.65

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.59
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Very low gold grade (0.33 g/t)
Narrow intercept length (1.65 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.33”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · silverGrade: 18.1Grade Unit: g/tIntercept: 1.65 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 18.1
Grade Unit: g/t
Intercept: 1.65 m
From: 23 m
To: 24.65 m
Intercept Depth: 23 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:23-24.65

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.59
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (18.1 g/t)
Narrow intercept length (1.65 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“18.1”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · goldGrade: 0.33Grade Unit: g/tIntercept: 5.5 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.33
Grade Unit: g/t
Intercept: 5.5 m
From: 28 m
To: 33.5 m
Intercept Depth: 28 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:28-33.5

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.56
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a good width, contributing to the resource upgrade but not a highlight.

Positive factors

Good intercept length (5.5 m)
Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Low gold grade (0.33 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.33”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · silverGrade: 15.8Grade Unit: g/tIntercept: 5.5 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 15.8
Grade Unit: g/t
Intercept: 5.5 m
From: 28 m
To: 33.5 m
Intercept Depth: 28 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:28-33.5

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.56
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a good width, contributing to the resource upgrade but not a highlight.

Positive factors

Good intercept length (5.5 m)
Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (15.8 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“15.8”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · goldGrade: 0.15Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.15
Grade Unit: g/t
Intercept: 2 m
From: 36.05 m
To: 38.05 m
Intercept Depth: 36.05 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:36.05-38.05

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.31
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Very low gold grade (0.15 g/t)
Narrow intercept length (2.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.15”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · silverGrade: 11.2Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 11.2
Grade Unit: g/t
Intercept: 2 m
From: 36.05 m
To: 38.05 m
Intercept Depth: 36.05 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:36.05-38.05

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.31
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade silver mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Very low silver grade (11.2 g/t)
Narrow intercept length (2.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“11.2”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · goldGrade: 0.98Grade Unit: g/tIntercept: 1.75 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.98
Grade Unit: g/t
Intercept: 1.75 m
From: 40.25 m
To: 42 m
Intercept Depth: 40.25 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:40.25-42

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.79
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a narrow width, contributing to the resource upgrade.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (1.75 m)
Moderate gold grade (0.98 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.98”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · silverGrade: 56.5Grade Unit: g/tIntercept: 1.75 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 56.5
Grade Unit: g/t
Intercept: 1.75 m
From: 40.25 m
To: 42 m
Intercept Depth: 40.25 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:40.25-42

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.79
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows good silver grade over a narrow width, contributing positively to the resource upgrade.

Positive factors

Good silver grade (56.5 g/t) for an epithermal deposit
Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (1.75 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“56.5”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · goldGrade: 0.32Grade Unit: g/tIntercept: 1.55 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.32
Grade Unit: g/t
Intercept: 1.55 m
From: 59.15 m
To: 60.7 m
Intercept Depth: 59.15 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:59.15-60.7

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.54
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Very low gold grade (0.32 g/t)
Narrow intercept length (1.55 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.32”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · silverGrade: 15.2Grade Unit: g/tIntercept: 1.55 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 15.2
Grade Unit: g/t
Intercept: 1.55 m
From: 59.15 m
To: 60.7 m
Intercept Depth: 59.15 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:59.15-60.7

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.54
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (15.2 g/t)
Narrow intercept length (1.55 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“15.2”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · goldGrade: 0.5Grade Unit: g/tIntercept: 4.95 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.5
Grade Unit: g/t
Intercept: 4.95 m
From: 65.05 m
To: 70 m
Intercept Depth: 65.05 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:65.05-70

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.21
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade gold mineralization over a good width, which is positive for resource continuity and upgrade.

Positive factors

Good intercept length (4.95 m)
Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Low gold grade (0.5 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.50”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · silverGrade: 49.2Grade Unit: g/tIntercept: 4.95 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 49.2
Grade Unit: g/t
Intercept: 4.95 m
From: 65.05 m
To: 70 m
Intercept Depth: 65.05 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:65.05-70

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 1.21
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a good width, which is positive for resource continuity and upgrade.

Positive factors

Good intercept length (4.95 m)
Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (49.2 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“49.2”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · goldGrade: 0.98Grade Unit: g/tIntercept: 1.35 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.98
Grade Unit: g/t
Intercept: 1.35 m
From: 65.65 m
To: 67 m
Intercept Depth: 65.65 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:65.65-67

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 2.62
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This sub-intercept shows moderate gold grade over a narrow width, contributing to the resource upgrade.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (1.35 m)
Moderate gold grade (0.98 g/t)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.98”

Context: 65.65

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · silverGrade: 115Grade Unit: g/tIntercept: 1.35 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 115
Grade Unit: g/t
Intercept: 1.35 m
From: 65.65 m
To: 67 m
Intercept Depth: 65.65 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:65.65-67

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 2.62
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This sub-intercept shows good silver grade over a narrow width, contributing positively to the resource upgrade.

Positive factors

Good silver grade (115.0 g/t) for an epithermal deposit
Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (1.35 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“115.0”

Context: 65.65

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · goldGrade: 0.1Grade Unit: g/tIntercept: 0.7 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.1
Grade Unit: g/t
Intercept: 0.7 m
From: 82.15 m
To: 82.85 m
Intercept Depth: 82.15 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:82.15-82.85

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.25
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Very low gold grade (0.1 g/t)
Narrow intercept length (0.7 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.10”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · silverGrade: 10.7Grade Unit: g/tIntercept: 0.7 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 10.7
Grade Unit: g/t
Intercept: 0.7 m
From: 82.15 m
To: 82.85 m
Intercept Depth: 82.15 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:82.15-82.85

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.25
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade silver mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Very low silver grade (10.7 g/t)
Narrow intercept length (0.7 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“10.7”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · goldGrade: 0.18Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.18
Grade Unit: g/t
Intercept: 0.5 m
From: 83.55 m
To: 84.05 m
Intercept Depth: 83.55 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:83.55-84.05

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.28
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a very narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Very low gold grade (0.18 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.18”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · silverGrade: 6.5Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 6.5
Grade Unit: g/t
Intercept: 0.5 m
From: 83.55 m
To: 84.05 m
Intercept Depth: 83.55 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:83.55-84.05

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.28
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a very narrow width, contributing to the resource upgrade but not economically significant.

Negative factors

Extremely low silver grade (6.5 g/t)
Very narrow intercept length (0.5 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“6.5”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · goldGrade: 0.14Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.14
Grade Unit: g/t
Intercept: 1 m
From: 85 m
To: 86 m
Intercept Depth: 85 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:85-86

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.44
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Very low gold grade (0.14 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.14”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · silverGrade: 21.1Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 21.1
Grade Unit: g/t
Intercept: 1 m
From: 85 m
To: 86 m
Intercept Depth: 85 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:85-86

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.44
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows low-grade silver mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms silver mineralization at Target 1 for resource upgrade

Negative factors

Low silver grade (21.1 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“21.1”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · goldGrade: 0.35Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.35
Grade Unit: g/t
Intercept: 1 m
From: 89 m
To: 90 m
Intercept Depth: 89 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:89-90

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.37
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows very low-grade gold mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Positive factors

Confirms gold mineralization at Target 1 for resource upgrade

Negative factors

Very low gold grade (0.35 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“0.35”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-006Copalquin · silverGrade: 1.1Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: RE26-006
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.1
Grade Unit: g/t
Intercept: 1 m
From: 89 m
To: 90 m
Intercept Depth: 89 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-006:89-90

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 0.37
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This intercept shows negligible silver mineralization over a narrow width, contributing to the resource upgrade but not economically significant.

Negative factors

Extremely low silver grade (1.1 g/t)
Narrow intercept length (1.0 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“1.1”

Context: RE26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-007Copalquin · goldGrade: 2.26Grade Unit: g/tIntercept: 1.45 mView all details

Link to this fact

Identity

Hole ID: RE26-007
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 2.26
Grade Unit: g/t
Intercept: 1.45 m
From: 102.85 m
To: 104.3 m
Intercept Depth: 102.85 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-007:102.85-104.3

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 3.43
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a strong gold intercept, indicating significant mineralization at Target 1 and contributing positively to the resource upgrade.

Positive factors

Strong gold grade (2.26 g/t) for an epithermal deposit
Confirms strong gold mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (1.45 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“2.26”

Context: RE26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-007Copalquin · silverGrade: 82.2Grade Unit: g/tIntercept: 1.45 mView all details

Link to this fact

Identity

Hole ID: RE26-007
Project: Copalquin
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 82.2
Grade Unit: g/t
Intercept: 1.45 m
From: 102.85 m
To: 104.3 m
Intercept Depth: 102.85 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-007:102.85-104.3

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 3.43
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is a strong silver intercept, indicating significant mineralization at Target 1 and contributing positively to the resource upgrade.

Positive factors

Strong silver grade (82.2 g/t) for an epithermal deposit
Confirms strong silver mineralization at Target 1 for resource upgrade

Negative factors

Narrow intercept length (1.45 m)
Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“82.2”

Context: RE26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-009*Copalquin · goldGrade: 7Grade Unit: g/tIntercept: 9.65 mView all details

Link to this fact

Identity

Hole ID: RE26-009*
Project: Copalquin
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 7
Grade Unit: g/t
Intercept: 9.65 m
From: 271.4 m
To: 281.05 m
Intercept Depth: 271.4 m

Classification

Deposit Type: epithermal
Program: resource
Sample Type: drill
Group ID: RE26-009*:271.4-281.05

Location

Location: El Refugio
Loc. Source: document

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Metal Eq. Grade: 12.29
Metal Eq. Unit: g/t AuEq
Assumptions Disclosed: No

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: This is an exceptional gold intercept over a significant width, indicating very strong mineralization and significantly contributing to the resource upgrade.

Positive factors

Exceptional gold grade (7.0 g/t) for an epithermal deposit
Excellent intercept length (9.65 m)
Confirms strong gold mineralization at Target 1 for resource upgrade

Negative factors

Metal equivalent assumptions not explicitly stated for this table

Evidence · table

“7.00”

Context: RE26-009*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Why it applies: an equivalent grade is reported without its assumptions

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

RE26-003*Copalquin Target 1 · goldGrade: 0.77Grade Unit: g/tIntercept: 6.8 mView all details

Link to this fact

Identity

Hole ID: RE26-003*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.77
Grade Unit: g/t
Intercept: 6.8 m
From: 78.95 m
To: 85.75 m
Intercept Depth: 78.95 m

Classification

Sample Type: drill
Group ID: RE26-003*:78.95-85.75
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 0.77 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 5.2 g/t·m is below.

Negative factors

0.77 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.77”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-003*Copalquin Target 1 · silverGrade: 46.6Grade Unit: g/tIntercept: 6.8 mView all details

Link to this fact

Identity

Hole ID: RE26-003*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 46.6
Grade Unit: g/t
Intercept: 6.8 m
From: 78.95 m
To: 85.75 m
Intercept Depth: 78.95 m

Classification

Sample Type: drill
Group ID: RE26-003*:78.95-85.75
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 46.6 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 316.9 g/t·m is weak.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“46.6”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-003*Copalquin Target 1 · goldGrade: 3.48Grade Unit: g/tIntercept: 0.65 mView all details

Link to this fact

Identity

Hole ID: RE26-003*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 3.48
Grade Unit: g/t
Intercept: 0.65 m
From: 91.2 m
To: 91.85 m
Intercept Depth: 91.2 m

Classification

Sample Type: drill
Group ID: RE26-003*:91.2-91.85
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 3.48 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 2.3 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.48”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-003*Copalquin Target 1 · silverGrade: 258Grade Unit: g/tIntercept: 0.65 mView all details

Link to this fact

Identity

Hole ID: RE26-003*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 258
Grade Unit: g/t
Intercept: 0.65 m
From: 91.2 m
To: 91.85 m
Intercept Depth: 91.2 m

Classification

Sample Type: drill
Group ID: RE26-003*:91.2-91.85
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 258 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 167.7 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

258 g/t silver is strong on the default band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“258.0”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-004*Copalquin Target 1 · goldGrade: 24.6Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: RE26-004*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 24.6
Grade Unit: g/t
Intercept: 0.85 m
From: 156 m
To: 156.85 m
Intercept Depth: 156 m

Classification

Sample Type: drill
Group ID: RE26-004*:156-156.85
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 24.6 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 20.9 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

24.6 g/t gold is exceptional on the underground mining band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“24.60”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-004*Copalquin Target 1 · silverGrade: 327Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: RE26-004*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 327
Grade Unit: g/t
Intercept: 0.85 m
From: 156 m
To: 156.85 m
Intercept Depth: 156 m

Classification

Sample Type: drill
Group ID: RE26-004*:156-156.85
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 327 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 277.9 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

327 g/t silver is strong on the default band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“327.0”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-009*Copalquin Target 1 · silverGrade: 370.3Grade Unit: g/tIntercept: 9.65 mView all details

Link to this fact

Identity

Hole ID: RE26-009*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 370.3
Grade Unit: g/t
Intercept: 9.65 m
From: 271.4 m
To: 281.05 m
Intercept Depth: 271.4 m

Classification

Sample Type: drill
Group ID: RE26-009*:271.4-281.05
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 370.3 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 3573.4 g/t·m is strong.

Positive factors

370.3 g/t silver is strong on the default band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“370.3”

Context: RE26-009*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-009*Copalquin Target 1 · goldGrade: 8.58Grade Unit: g/tIntercept: 2.75 mView all details

Link to this fact

Identity

Hole ID: RE26-009*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 8.58
Grade Unit: g/t
Intercept: 2.75 m
From: 271.4 m
To: 274.15 m
Intercept Depth: 271.4 m

Classification

Sample Type: drill
Group ID: RE26-009*:271.4-274.15
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 8.58 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 23.6 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

8.58 g/t gold is strong on the underground mining band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.58”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-009*Copalquin Target 1 · silverGrade: 486Grade Unit: g/tIntercept: 2.75 mView all details

Link to this fact

Identity

Hole ID: RE26-009*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 486
Grade Unit: g/t
Intercept: 2.75 m
From: 271.4 m
To: 274.15 m
Intercept Depth: 271.4 m

Classification

Sample Type: drill
Group ID: RE26-009*:271.4-274.15
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 486 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1336.5 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

486 g/t silver is strong on the default band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“486.0”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-009*Copalquin Target 1 · goldGrade: 15.15Grade Unit: g/tIntercept: 0.95 mView all details

Link to this fact

Identity

Hole ID: RE26-009*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 15.15
Grade Unit: g/t
Intercept: 0.95 m
From: 271.4 m
To: 272.35 m
Intercept Depth: 271.4 m

Classification

Sample Type: drill
Group ID: RE26-009*:271.4-272.35
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 15.15 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 factors

15.15 g/t gold is exceptional on the underground mining band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“15.15”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-009*Copalquin Target 1 · silverGrade: 980Grade Unit: g/tIntercept: 0.95 mView all details

Link to this fact

Identity

Hole ID: RE26-009*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 980
Grade Unit: g/t
Intercept: 0.95 m
From: 271.4 m
To: 272.35 m
Intercept Depth: 271.4 m

Classification

Sample Type: drill
Group ID: RE26-009*:271.4-272.35
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 980 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 931.0 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

980 g/t silver is exceptional on the default band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“980.0”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

andand the broader expansion of the large Copalquin epithermal · goldGrade: 11.52Grade Unit: g/tIntercept: 3.25 mView all details

Link to this fact

Identity

Hole ID: and
Project: and the broader expansion of the large Copalquin epithermal
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 11.52
Grade Unit: g/t
Intercept: 3.25 m
From: 275.8 m
To: 279.05 m
Intercept Depth: 275.8 m

Classification

Sample Type: drill
Group ID: and:275.8-279.05
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 11.52 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 37.4 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

11.52 g/t gold is strong on the underground mining band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“11.52”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

andand the broader expansion of the large Copalquin epithermal · silverGrade: 596.2Grade Unit: g/tIntercept: 3.25 mView all details

Link to this fact

Identity

Hole ID: and
Project: and the broader expansion of the large Copalquin epithermal
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 596.2
Grade Unit: g/t
Intercept: 3.25 m
From: 275.8 m
To: 279.05 m
Intercept Depth: 275.8 m

Classification

Sample Type: drill
Group ID: and:275.8-279.05
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 596.2 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 1937.7 g/t·m is moderate (grade alone is exceptional; the better of the two is used).

Positive factors

596.2 g/t silver is exceptional on the default band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“596.2”

Context: and

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

andand the broader expansion of the large Copalquin epithermal · goldGrade: 30.7Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: and
Project: and the broader expansion of the large Copalquin epithermal
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 30.7
Grade Unit: g/t
Intercept: 0.5 m
From: 276.45 m
To: 276.95 m
Intercept Depth: 276.45 m

Classification

Sample Type: drill
Group ID: and:276.45-276.95
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 30.7 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 15.3 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

30.7 g/t gold is exceptional on the underground mining band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“30.70”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

andand the broader expansion of the large Copalquin epithermal · silverGrade: 1780Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: and
Project: and the broader expansion of the large Copalquin epithermal
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1780
Grade Unit: g/t
Intercept: 0.5 m
From: 276.45 m
To: 276.95 m
Intercept Depth: 276.45 m

Classification

Sample Type: drill
Group ID: and:276.45-276.95
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 1780 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 890.0 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

1780 g/t silver is exceptional on the default band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1780.0”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-009Drilling in the area has helped improve the geological understanding of this area which is dominated by multiphase quartz breccia mineralisation and is spatially influenced by a post-mineral dike · goldGrade: 6.55Grade Unit: g/tIntercept: 0.55 mView all details

Link to this fact

Identity

Hole ID: RE26-009
Project: Drilling in the area has helped improve the geological understanding of this area which is dominated by multiphase quartz breccia mineralisation and is spatially influenced by a post-mineral dike
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 6.55
Grade Unit: g/t
Intercept: 0.55 m
From: 285.6 m
To: 286.15 m
Intercept Depth: 285.6 m

Classification

Sample Type: drill
Group ID: RE26-009:285.6-286.15
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 6.55 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 3.6 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.55”

Context: RE26-009

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-009Drilling in the area has helped improve the geological understanding of this area which is dominated by multiphase quartz breccia mineralisation and is spatially influenced by a post-mineral dike · silverGrade: 400Grade Unit: g/tIntercept: 0.55 mView all details

Link to this fact

Identity

Hole ID: RE26-009
Project: Drilling in the area has helped improve the geological understanding of this area which is dominated by multiphase quartz breccia mineralisation and is spatially influenced by a post-mineral dike
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 400
Grade Unit: g/t
Intercept: 0.55 m
From: 285.6 m
To: 286.15 m
Intercept Depth: 285.6 m

Classification

Sample Type: drill
Group ID: RE26-009:285.6-286.15
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 400 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 220.0 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

400 g/t silver is strong on the default band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“400.0”

Context: RE26-009

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-010*Copalquin Target 1 · goldGrade: 2.41Grade Unit: g/tIntercept: 2.85 mView all details

Link to this fact

Identity

Hole ID: RE26-010*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 2.41
Grade Unit: g/t
Intercept: 2.85 m
From: 395.05 m
To: 397.9 m
Intercept Depth: 395.05 m

Classification

Sample Type: drill
Group ID: RE26-010*:395.05-397.9
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 2.41 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 6.9 g/t·m is below.

Negative factors

2.41 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.41”

Context: RE26-010*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-010*Copalquin Target 1 · silverGrade: 107.8Grade Unit: g/tIntercept: 2.85 mView all details

Link to this fact

Identity

Hole ID: RE26-010*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 107.8
Grade Unit: g/t
Intercept: 2.85 m
From: 395.05 m
To: 397.9 m
Intercept Depth: 395.05 m

Classification

Sample Type: drill
Group ID: RE26-010*:395.05-397.9
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 107.8 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 307.2 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“107.8”

Context: RE26-010*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-010*Copalquin Target 1 · goldGrade: 2.83Grade Unit: g/tIntercept: 0.95 mView all details

Link to this fact

Identity

Hole ID: RE26-010*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 2.83
Grade Unit: g/t
Intercept: 0.95 m
From: 396.95 m
To: 397.9 m
Intercept Depth: 396.95 m

Classification

Sample Type: drill
Group ID: RE26-010*:396.95-397.9
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 2.83 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 2.7 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.83”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-010*Copalquin Target 1 · silverGrade: 188Grade Unit: g/tIntercept: 0.95 mView all details

Link to this fact

Identity

Hole ID: RE26-010*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 188
Grade Unit: g/t
Intercept: 0.95 m
From: 396.95 m
To: 397.9 m
Intercept Depth: 396.95 m

Classification

Sample Type: drill
Group ID: RE26-010*:396.95-397.9
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 188 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 178.6 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“188.0”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-012Copalquin Target 1 · goldGrade: 6.64Grade Unit: g/tIntercept: 1.2 mView all details

Link to this fact

Identity

Hole ID: RE26-012
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 6.64
Grade Unit: g/t
Intercept: 1.2 m
From: 304.2 m
To: 305.4 m
Intercept Depth: 304.2 m

Classification

Sample Type: drill
Group ID: RE26-012:304.2-305.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 6.64 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 8.0 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.64”

Context: RE26-012

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-012Copalquin Target 1 · silverGrade: 6.4Grade Unit: g/tIntercept: 1.2 mView all details

Link to this fact

Identity

Hole ID: RE26-012
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 6.4
Grade Unit: g/t
Intercept: 1.2 m
From: 304.2 m
To: 305.4 m
Intercept Depth: 304.2 m

Classification

Sample Type: drill
Group ID: RE26-012:304.2-305.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 6.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.7 g/t·m is below.

Negative factors

6.4 g/t silver is below the weak threshold (30 g/t) on the default band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.4”

Context: RE26-012

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-012Copalquin Target 1 · goldGrade: 3.79Grade Unit: g/tIntercept: 1.65 mView all details

Link to this fact

Identity

Hole ID: RE26-012
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 3.79
Grade Unit: g/t
Intercept: 1.65 m
From: 316.75 m
To: 318.4 m
Intercept Depth: 316.75 m

Classification

Sample Type: drill
Group ID: RE26-012:316.75-318.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 3.79 g/t gold is weak against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 6.3 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.79”

Context: RE26-012

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-012Copalquin Target 1 · silverGrade: 8.3Grade Unit: g/tIntercept: 1.65 mView all details

Link to this fact

Identity

Hole ID: RE26-012
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 8.3
Grade Unit: g/t
Intercept: 1.65 m
From: 316.75 m
To: 318.4 m
Intercept Depth: 316.75 m

Classification

Sample Type: drill
Group ID: RE26-012:316.75-318.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 8.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.7 g/t·m is below.

Negative factors

8.3 g/t silver is below the weak threshold (30 g/t) on the default band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.3”

Context: RE26-012

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-012Copalquin Target 1 · goldGrade: 5.55Grade Unit: g/tIntercept: 0.75 mView all details

Link to this fact

Identity

Hole ID: RE26-012
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 5.55
Grade Unit: g/t
Intercept: 0.75 m
From: 317.65 m
To: 318.4 m
Intercept Depth: 317.65 m

Classification

Sample Type: drill
Group ID: RE26-012:317.65-318.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 5.55 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 4.2 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.55”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-012Copalquin Target 1 · silverGrade: 11.9Grade Unit: g/tIntercept: 0.75 mView all details

Link to this fact

Identity

Hole ID: RE26-012
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 11.9
Grade Unit: g/t
Intercept: 0.75 m
From: 317.65 m
To: 318.4 m
Intercept Depth: 317.65 m

Classification

Sample Type: drill
Group ID: RE26-012:317.65-318.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 11.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 8.9 g/t·m is below.

Negative factors

11.9 g/t silver is below the weak threshold (30 g/t) on the default band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“11.9”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-013*Copalquin Target 1 · goldGrade: 4.01Grade Unit: g/tIntercept: 7.25 mView all details

Link to this fact

Identity

Hole ID: RE26-013*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 4.01
Grade Unit: g/t
Intercept: 7.25 m
From: 375.7 m
To: 382.95 m
Intercept Depth: 375.7 m

Classification

Sample Type: drill
Group ID: RE26-013*:375.7-382.95
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 4.01 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 29.1 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.01”

Context: RE26-013*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-013*Copalquin Target 1 · silverGrade: 225.1Grade Unit: g/tIntercept: 7.25 mView all details

Link to this fact

Identity

Hole ID: RE26-013*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 225.1
Grade Unit: g/t
Intercept: 7.25 m
From: 375.7 m
To: 382.95 m
Intercept Depth: 375.7 m

Classification

Sample Type: drill
Group ID: RE26-013*:375.7-382.95
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 225.1 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1632.0 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

225.1 g/t silver is strong on the default band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“225.1”

Context: RE26-013*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-013*Copalquin Target 1 · goldGrade: 7.11Grade Unit: g/tIntercept: 3.3 mView all details

Link to this fact

Identity

Hole ID: RE26-013*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 7.11
Grade Unit: g/t
Intercept: 3.3 m
From: 376.8 m
To: 380.1 m
Intercept Depth: 376.8 m

Classification

Sample Type: drill
Group ID: RE26-013*:376.8-380.1
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 7.11 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 23.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

7.11 g/t gold is strong on the underground mining band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“7.11”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

RE26-013*Copalquin Target 1 · silverGrade: 368.2Grade Unit: g/tIntercept: 3.3 mView all details

Link to this fact

Identity

Hole ID: RE26-013*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 368.2
Grade Unit: g/t
Intercept: 3.3 m
From: 376.8 m
To: 380.1 m
Intercept Depth: 376.8 m

Classification

Sample Type: drill
Group ID: RE26-013*:376.8-380.1
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 368.2 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1215.1 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

368.2 g/t silver is strong on the default band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“368.2”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

and*Copalquin Target 1 · goldGrade: 15.25Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: and*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 15.25
Grade Unit: g/t
Intercept: 0.5 m
From: 378 m
To: 378.5 m
Intercept Depth: 378 m

Classification

Sample Type: drill
Group ID: and*:378-378.5
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 15.25 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.6 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

15.25 g/t gold is exceptional on the underground mining band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“15.25”

Context: and*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

and*Copalquin Target 1 · silverGrade: 533Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: and*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 533
Grade Unit: g/t
Intercept: 0.5 m
From: 378 m
To: 378.5 m
Intercept Depth: 378 m

Classification

Sample Type: drill
Group ID: and*:378-378.5
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 533 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 266.5 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

533 g/t silver is exceptional on the default band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“533.0”

Context: and*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-001Copalquin Target 1 · goldGrade: 1.37Grade Unit: g/tIntercept: 0.95 mView all details

Link to this fact

Identity

Hole ID: LS26-001
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.37
Grade Unit: g/t
Intercept: 0.95 m
From: 193 m
To: 193.95 m
Intercept Depth: 193 m

Classification

Sample Type: drill
Group ID: LS26-001:193-193.95
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 1.37 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.3 g/t·m is below.

Negative factors

1.37 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.37”

Context: LS26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-001Copalquin Target 1 · silverGrade: 77.8Grade Unit: g/tIntercept: 0.95 mView all details

Link to this fact

Identity

Hole ID: LS26-001
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 77.8
Grade Unit: g/t
Intercept: 0.95 m
From: 193 m
To: 193.95 m
Intercept Depth: 193 m

Classification

Sample Type: drill
Group ID: LS26-001:193-193.95
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 77.8 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 73.9 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“77.8”

Context: LS26-001

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-002Copalquin Target 1 · goldGrade: 1.04Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: LS26-002
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.04
Grade Unit: g/t
Intercept: 0.5 m
From: 187.8 m
To: 188.3 m
Intercept Depth: 187.8 m

Classification

Sample Type: drill
Group ID: LS26-002:187.8-188.3
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 1.04 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 0.5 g/t·m is below.

Negative factors

1.04 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.04”

Context: LS26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-002Copalquin Target 1 · silverGrade: 47.5Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: LS26-002
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 47.5
Grade Unit: g/t
Intercept: 0.5 m
From: 187.8 m
To: 188.3 m
Intercept Depth: 187.8 m

Classification

Sample Type: drill
Group ID: LS26-002:187.8-188.3
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 47.5 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 23.8 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“47.5”

Context: LS26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-002Copalquin Target 1 · goldGrade: 1Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: LS26-002
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1
Grade Unit: g/t
Intercept: 0.5 m
From: 201.5 m
To: 202 m
Intercept Depth: 201.5 m

Classification

Sample Type: drill
Group ID: LS26-002:201.5-202
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 1 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 0.5 g/t·m is below.

Negative factors

1 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.00”

Context: LS26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-002Copalquin Target 1 · silverGrade: 59Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: LS26-002
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 59
Grade Unit: g/t
Intercept: 0.5 m
From: 201.5 m
To: 202 m
Intercept Depth: 201.5 m

Classification

Sample Type: drill
Group ID: LS26-002:201.5-202
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 59 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 29.5 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“59.0”

Context: LS26-002

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-003Copalquin Target 1 · goldGrade: 2.02Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: LS26-003
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 2.02
Grade Unit: g/t
Intercept: 0.5 m
From: 147.25 m
To: 147.75 m
Intercept Depth: 147.25 m

Classification

Sample Type: drill
Group ID: LS26-003:147.25-147.75
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 2.02 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.0 g/t·m is below.

Negative factors

2.02 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.02”

Context: LS26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-003Copalquin Target 1 · silverGrade: 20.7Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: LS26-003
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 20.7
Grade Unit: g/t
Intercept: 0.5 m
From: 147.25 m
To: 147.75 m
Intercept Depth: 147.25 m

Classification

Sample Type: drill
Group ID: LS26-003:147.25-147.75
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 20.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 10.3 g/t·m is below.

Negative factors

20.7 g/t silver is below the weak threshold (30 g/t) on the default band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“20.7”

Context: LS26-003

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005*Copalquin Target 1 · goldGrade: 2.18Grade Unit: g/tIntercept: 3.6 mView all details

Link to this fact

Identity

Hole ID: LS26-005*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 2.18
Grade Unit: g/t
Intercept: 3.6 m
From: 58.8 m
To: 62.4 m
Intercept Depth: 58.8 m

Classification

Sample Type: drill
Group ID: LS26-005*:58.8-62.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 2.18 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 7.8 g/t·m is below.

Negative factors

2.18 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.18”

Context: LS26-005*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005*Copalquin Target 1 · silverGrade: 24.9Grade Unit: g/tIntercept: 3.6 mView all details

Link to this fact

Identity

Hole ID: LS26-005*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 24.9
Grade Unit: g/t
Intercept: 3.6 m
From: 58.8 m
To: 62.4 m
Intercept Depth: 58.8 m

Classification

Sample Type: drill
Group ID: LS26-005*:58.8-62.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 24.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 89.6 g/t·m is below.

Negative factors

24.9 g/t silver is below the weak threshold (30 g/t) on the default band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“24.9”

Context: LS26-005*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005*Copalquin Target 1 · goldGrade: 9.6Grade Unit: g/tIntercept: 0.75 mView all details

Link to this fact

Identity

Hole ID: LS26-005*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 9.6
Grade Unit: g/t
Intercept: 0.75 m
From: 61.65 m
To: 62.4 m
Intercept Depth: 61.65 m

Classification

Sample Type: drill
Group ID: LS26-005*:61.65-62.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 9.6 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 factors

9.6 g/t gold is strong on the underground mining band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“9.60”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005*Copalquin Target 1 · silverGrade: 111Grade Unit: g/tIntercept: 0.75 mView all details

Link to this fact

Identity

Hole ID: LS26-005*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 111
Grade Unit: g/t
Intercept: 0.75 m
From: 61.65 m
To: 62.4 m
Intercept Depth: 61.65 m

Classification

Sample Type: drill
Group ID: LS26-005*:61.65-62.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 111 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 83.3 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“111.0”

Context: including

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005Copalquin Target 1 · goldGrade: 10.3Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: LS26-005
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 10.3
Grade Unit: g/t
Intercept: 0.5 m
From: 171 m
To: 171.5 m
Intercept Depth: 171 m

Classification

Sample Type: drill
Group ID: LS26-005:171-171.5
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 10.3 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 factors

10.3 g/t gold is strong on the underground mining band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.30”

Context: LS26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005Copalquin Target 1 · silverGrade: 14.4Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: LS26-005
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 14.4
Grade Unit: g/t
Intercept: 0.5 m
From: 171 m
To: 171.5 m
Intercept Depth: 171 m

Classification

Sample Type: drill
Group ID: LS26-005:171-171.5
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 14.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.2 g/t·m is below.

Negative factors

14.4 g/t silver is below the weak threshold (30 g/t) on the default band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“14.4”

Context: LS26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005Copalquin Target 1 · goldGrade: 0.95Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: LS26-005
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.95
Grade Unit: g/t
Intercept: 2 m
From: 194 m
To: 196 m
Intercept Depth: 194 m

Classification

Sample Type: drill
Group ID: LS26-005:194-196
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 0.95 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.9 g/t·m is below.

Negative factors

0.95 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.95”

Context: LS26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005Copalquin Target 1 · silverGrade: 32Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: LS26-005
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 32
Grade Unit: g/t
Intercept: 2 m
From: 194 m
To: 196 m
Intercept Depth: 194 m

Classification

Sample Type: drill
Group ID: LS26-005:194-196
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 32 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 64.0 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“32.0”

Context: LS26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005Copalquin Target 1 · goldGrade: 1.03Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: LS26-005
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.03
Grade Unit: g/t
Intercept: 1 m
From: 207 m
To: 208 m
Intercept Depth: 207 m

Classification

Sample Type: drill
Group ID: LS26-005:207-208
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 1.03 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.0 g/t·m is below.

Negative factors

1.03 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.03”

Context: LS26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005Copalquin Target 1 · silverGrade: 60.5Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: LS26-005
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 60.5
Grade Unit: g/t
Intercept: 1 m
From: 207 m
To: 208 m
Intercept Depth: 207 m

Classification

Sample Type: drill
Group ID: LS26-005:207-208
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 60.5 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 60.5 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“60.5”

Context: LS26-005

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005*Copalquin Target 1 · goldGrade: 10.55Grade Unit: g/tIntercept: 1.2 mView all details

Link to this fact

Identity

Hole ID: LS26-005*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 10.55
Grade Unit: g/t
Intercept: 1.2 m
From: 239.2 m
To: 240.4 m
Intercept Depth: 239.2 m

Classification

Sample Type: drill
Group ID: LS26-005*:239.2-240.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 10.55 g/t gold is strong against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 12.7 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

10.55 g/t gold is strong on the underground mining band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.55”

Context: LS26-005*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-005*Copalquin Target 1 · silverGrade: 8Grade Unit: g/tIntercept: 1.2 mView all details

Link to this fact

Identity

Hole ID: LS26-005*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 8
Grade Unit: g/t
Intercept: 1.2 m
From: 239.2 m
To: 240.4 m
Intercept Depth: 239.2 m

Classification

Sample Type: drill
Group ID: LS26-005*:239.2-240.4
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.6 g/t·m is below.

Negative factors

8 g/t silver is below the weak threshold (30 g/t) on the default band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“8.0”

Context: LS26-005*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-006*Copalquin Target 1 · goldGrade: 1.22Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: LS26-006*
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.22
Grade Unit: g/t
Intercept: 1 m
From: 66 m
To: 67 m
Intercept Depth: 66 m

Classification

Sample Type: drill
Group ID: LS26-006*:66-67
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 1.22 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.2 g/t·m is below.

Negative factors

1.22 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.22”

Context: LS26-006*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-006*Copalquin Target 1 · silverGrade: 149.1Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: LS26-006*
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 149.1
Grade Unit: g/t
Intercept: 1 m
From: 66 m
To: 67 m
Intercept Depth: 66 m

Classification

Sample Type: drill
Group ID: LS26-006*:66-67
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 149.1 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 149.1 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“149.1”

Context: LS26-006*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-006Copalquin Target 1 · goldGrade: 1.49Grade Unit: g/tIntercept: 0.75 mView all details

Link to this fact

Identity

Hole ID: LS26-006
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.49
Grade Unit: g/t
Intercept: 0.75 m
From: 117.55 m
To: 118.3 m
Intercept Depth: 117.55 m

Classification

Sample Type: drill
Group ID: LS26-006:117.55-118.3
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 1.49 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.1 g/t·m is below.

Negative factors

1.49 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.49”

Context: LS26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-006Copalquin Target 1 · silverGrade: 50.7Grade Unit: g/tIntercept: 0.75 mView all details

Link to this fact

Identity

Hole ID: LS26-006
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 50.7
Grade Unit: g/t
Intercept: 0.75 m
From: 117.55 m
To: 118.3 m
Intercept Depth: 117.55 m

Classification

Sample Type: drill
Group ID: LS26-006:117.55-118.3
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 50.7 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 38.0 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“50.7”

Context: LS26-006

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · goldGrade: 0.95Grade Unit: g/tIntercept: 0.55 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.95
Grade Unit: g/t
Intercept: 0.55 m
From: 58.2 m
To: 58.75 m
Intercept Depth: 58.2 m

Classification

Sample Type: drill
Group ID: LS26-007:58.2-58.75
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 0.95 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 0.5 g/t·m is below.

Negative factors

0.95 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.95”

Context: LS26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · silverGrade: 53.7Grade Unit: g/tIntercept: 0.55 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 53.7
Grade Unit: g/t
Intercept: 0.55 m
From: 58.2 m
To: 58.75 m
Intercept Depth: 58.2 m

Classification

Sample Type: drill
Group ID: LS26-007:58.2-58.75
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 53.7 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 29.5 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“53.7”

Context: LS26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · goldGrade: 0.65Grade Unit: g/tIntercept: 6.75 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 0.65
Grade Unit: g/t
Intercept: 6.75 m
From: 81.9 m
To: 88.65 m
Intercept Depth: 81.9 m

Classification

Sample Type: drill
Group ID: LS26-007:81.9-88.65
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 0.65 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 4.4 g/t·m is below.

Negative factors

0.65 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.65”

Context: LS26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · silverGrade: 23.4Grade Unit: g/tIntercept: 6.75 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 23.4
Grade Unit: g/t
Intercept: 6.75 m
From: 81.9 m
To: 88.65 m
Intercept Depth: 81.9 m

Classification

Sample Type: drill
Group ID: LS26-007:81.9-88.65
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 23.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 157.9 g/t·m is below.

Negative factors

23.4 g/t silver is below the weak threshold (30 g/t) on the default band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“23.4”

Context: LS26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · goldGrade: 5.23Grade Unit: g/tIntercept: 3.25 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 5.23
Grade Unit: g/t
Intercept: 3.25 m
From: 92 m
To: 95.25 m
Intercept Depth: 92 m

Classification

Sample Type: drill
Group ID: LS26-007:92-95.25
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 5.23 g/t gold is moderate against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 17.0 g/t·m is weak (grade alone is moderate; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.23”

Context: LS26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · silverGrade: 30.5Grade Unit: g/tIntercept: 3.25 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 30.5
Grade Unit: g/t
Intercept: 3.25 m
From: 92 m
To: 95.25 m
Intercept Depth: 92 m

Classification

Sample Type: drill
Group ID: LS26-007:92-95.25
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 30.5 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 99.1 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“30.5”

Context: LS26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · goldGrade: 19.45Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 19.45
Grade Unit: g/t
Intercept: 0.85 m
From: 94.4 m
To: 95.25 m
Intercept Depth: 94.4 m

Classification

Sample Type: drill
Group ID: LS26-007:94.4-95.25
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 19.45 g/t gold is exceptional against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 16.5 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

19.45 g/t gold is exceptional on the underground mining band.

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“19.45”

Context: Including*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · silverGrade: 96.8Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 96.8
Grade Unit: g/t
Intercept: 0.85 m
From: 94.4 m
To: 95.25 m
Intercept Depth: 94.4 m

Classification

Sample Type: drill
Group ID: LS26-007:94.4-95.25
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 96.8 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 82.3 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

Scored from rubric bands during table expansion, not from document context.

Evidence · table

“96.8”

Context: Including*

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · goldGrade: 1.7Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 1.7
Grade Unit: g/t
Intercept: 0.5 m
From: 99.75 m
To: 100.25 m
Intercept Depth: 99.75 m

Classification

Sample Type: drill
Group ID: LS26-007:99.75-100.25
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 1.7 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 0.8 g/t·m is below.

Negative factors

1.7 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.70”

Context: LS26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · silverGrade: 10.8Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 10.8
Grade Unit: g/t
Intercept: 0.5 m
From: 99.75 m
To: 100.25 m
Intercept Depth: 99.75 m

Classification

Sample Type: drill
Group ID: LS26-007:99.75-100.25
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 10.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.4 g/t·m is below.

Negative factors

10.8 g/t silver is below the weak threshold (30 g/t) on the default band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“10.8”

Context: LS26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · goldGrade: 2.04Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 2.04
Grade Unit: g/t
Intercept: 0.85 m
From: 293.15 m
To: 294 m
Intercept Depth: 293.15 m

Classification

Sample Type: drill
Group ID: LS26-007:293.15-294
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 2.04 g/t gold is below against the underground mining band [15, 7, 4, 2.5] g/t. Grade×width 1.7 g/t·m is below.

Negative factors

2.04 g/t gold is below the weak threshold (2.5 g/t) on the underground mining band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.04”

Context: LS26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

LS26-007Copalquin Target 1 · silverGrade: 5.8Grade Unit: g/tIntercept: 0.85 mView all details

Link to this fact

Identity

Hole ID: LS26-007
Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: mexico
Ticker: MSG

Geometry

Grade: 5.8
Grade Unit: g/t
Intercept: 0.85 m
From: 293.15 m
To: 294 m
Intercept Depth: 293.15 m

Classification

Sample Type: drill
Group ID: LS26-007:293.15-294
Mining Method: underground

QA/QC

Laboratory: ALS Global
QP Signed: Yes

Metal Equivalent

Assumptions Disclosed: Yes

Compositing

Dilution Disclosed: Yes

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: Expanded from assay table. 5.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.9 g/t·m is below.

Negative factors

5.8 g/t silver is below the weak threshold (30 g/t) on the default band.
Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.8”

Context: LS26-007

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Metallurgical Results (2)

metallurgical test work on composite samplesCopalquin Target 1 · goldRecovery: 96 %Historical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Project: Copalquin Target 1
Commodity: gold
Region: mexico
Reported Region: Durango State, Mexico
Ticker: MSG

Test Work

Program Status: detailed
Test Type: metallurgical test work on composite samples
Processing Route: crushing and grinding followed by flotation, intensive cyanide leaching of flotation concentrate and conventional cyanide leaching of the flotation tail. Merrill-Crowe zinc precipitation assumed to recover gold and silver from solutions prior to smelting of the precipitate to produce gold-silver doré bars for sale.

Recovery

Recovery: 96 %
Recovery Basis: actual_test

Lab

Laboratory: ALS Global
Consultant: John Skeet

Review

Needs Review: Yes
Review Reason: historical_restatement
Historical: Yes
Historical Source Date: 2022-02-25T00:00:00.000Z

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: The reported gold recovery is excellent for the described processing route, indicating good metallurgical characteristics. However, the test work was bench-scale and is historical, so further, more advanced test work would be beneficial.

Positive factors

High gold recovery (96%) for the stated processing route
QP/CP signed off on the metallurgical results

Negative factors

Test work was on composite samples, indicating bench scale rather than pilot plant
Results are historical, from 2022

Evidence · text

“metallurgical recoveries of 96% Au and 91% Ag from metallurgical test work on Target 1 composite samples”

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 96% is at or above the exceptional band (95%)

metallurgical test work on composite samplesCopalquin Target 1 · silverRecovery: 91 %Historical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Project: Copalquin Target 1
Commodity: silver
Region: mexico
Reported Region: Durango State, Mexico
Ticker: MSG

Test Work

Program Status: detailed
Test Type: metallurgical test work on composite samples
Processing Route: crushing and grinding followed by flotation, intensive cyanide leaching of flotation concentrate and conventional cyanide leaching of the flotation tail. Merrill-Crowe zinc precipitation assumed to recover gold and silver from solutions prior to smelting of the precipitate to produce gold-silver doré bars for sale.

Recovery

Recovery: 91 %
Recovery Basis: actual_test

Lab

Laboratory: ALS Global
Consultant: John Skeet

Review

Needs Review: Yes
Review Reason: historical_restatement
Historical: Yes
Historical Source Date: 2022-02-25T00:00:00.000Z

Dates

Event date: 2026-07-31T00:00:00.000Z

Reasoning: The reported silver recovery is very good for the described processing route, indicating favorable metallurgical characteristics. However, the test work was bench-scale and is historical, suggesting a need for updated and more advanced studies.

Positive factors

High silver recovery (91%) for the stated processing route
QP/CP signed off on the metallurgical results

Negative factors

Test work was on composite samples, indicating bench scale rather than pilot plant
Results are historical, from 2022

Evidence · text

“metallurgical recoveries of 96% Au and 91% Ag from metallurgical test work on Target 1 composite samples”

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 91% is at or above the exceptional band (90%)

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.