Mithril Silver and Gold March 2026 Quarterly Report

Original announcement by tmx on

Company
Mithril Silver and Gold Limited
Ticker
MSG
Exchange
TSX
Region
Durango State, Mexico
Primary commodity
Gold
Secondary commodities
Silver, Lead, Zinc
Document categories
Drill results, Resource update, Agreement transaction
Extracted
2026-09-18 10:54:12 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Mithril Silver and Gold reports strong drill results from its Copalquin project in Durango State, Mexico, with high-grade gold and silver intercepts from Targets 3 and 5, including bonanza grades up to 33.20 g/t gold. The company is advancing its district-scale exploration, extending mineralization at Target 1, and confirming new zones. Additionally, Mithril has an option to acquire 100% of the Copalquin concessions and has acquired the La Dura property, while also presenting a historical JORC/NI 43-101 compliant resource estimate from 2021 for Target 1.

Reasoning: The report highlights strong drill results with high-grade gold and silver intercepts from multiple targets, demonstrating district-scale potential and extending known mineralization. The company is actively advancing its projects through systematic exploration and strategic acquisitions. However, the primary resource estimate presented is historical, and some intercepts are narrow, requiring further context for full economic assessment.

Positive factors

  • High-grade gold and silver intercepts, including bonanza grades in GU26-002 and MA26-001.
  • Significant contained metal in the historical resource estimate, indicating project scale.
  • Extension of mineralization at Target 1 and confirmation of new mineralized zones at Targets 3 and 5.
  • Acquisition of La Dura property and option to acquire 100% of Copalquin demonstrate growth strategy.
  • Strong geological model development and systematic targeting framework.

Negative factors

  • Resource update is historical (2021) and does not reflect recent drilling, limiting its current relevance.
  • Many drill intercepts are narrow, requiring further drilling to confirm continuity and economic viability.
  • Metal equivalent assumptions for the resource update are based on 2021 prices and 93% recovery, which may not reflect current conditions or actual test work.

Facts used in scoring: 182

Extracted facts

Stored fact records: 182. Some facts used in scoring do not have a stored record.

Drill Results (182)

AP25-001Copalquin · goldGrade: 1.21Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-001
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
1.21
Grade Unit
g/t
Intercept
0.5 m
From
32 m
To
32.5 m
Intercept Depth
32 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-001:32-32.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
124
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“1.21”

Context: 0.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-001Copalquin · silverGrade: 39.3Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-001
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
39.3
Grade Unit
g/t
Intercept
0.5 m
From
32 m
To
32.5 m
Intercept Depth
32 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-001:32-32.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
124
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal silver.

Evidence · table

“39.3”

Context: 0.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-001Copalquin · goldGrade: 1.285Grade Unit: g/tIntercept: 0.52 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-001
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
1.285
Grade Unit
g/t
Intercept
0.52 m
From
279.83 m
To
280.35 m
Intercept Depth
279.83 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-001:279.83-280.35

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
257
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“1.285”

Context: 0.52

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-001Copalquin · silverGrade: 167Grade Unit: g/tIntercept: 0.52 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-001
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
167
Grade Unit
g/t
Intercept
0.52 m
From
279.83 m
To
280.35 m
Intercept Depth
279.83 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-001:279.83-280.35

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
257
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow silver intercept with a moderate grade, from a historical drill program.

Negative factors

  • Narrow intercept length.

Evidence · table

“167”

Context: 0.52

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-002Copalquin · goldGrade: 1.26Grade Unit: g/tIntercept: 3.85 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-002
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
1.26
Grade Unit
g/t
Intercept
3.85 m
From
31.45 m
To
35.3 m
Intercept Depth
31.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-002:31.45-35.3

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
131
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A moderate-width gold intercept with a moderate grade from a historical drill program.

Negative factors

  • Grade is below strong threshold for epithermal gold.

Evidence · table

“1.26”

Context: 3.85

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-002Copalquin · silverGrade: 42.65Grade Unit: g/tIntercept: 3.85 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-002
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
42.65
Grade Unit
g/t
Intercept
3.85 m
From
31.45 m
To
35.3 m
Intercept Depth
31.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-002:31.45-35.3

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
131
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A moderate-width silver intercept with a moderate grade from a historical drill program.

Negative factors

  • Grade is below strong threshold for epithermal silver.

Evidence · table

“42.65”

Context: 3.85

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-002Copalquin · goldGrade: 7.74Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-002
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
7.74
Grade Unit
g/t
Intercept
0.5 m
From
31.45 m
To
31.95 m
Intercept Depth
31.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-002:31.45-31.95

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
729
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, high-grade gold intercept from a historical drill program, included within a broader interval.

Positive factors

  • High-grade gold intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“7.74”

Context: 0.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-002Copalquin · silverGrade: 187Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-002
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
187
Grade Unit
g/t
Intercept
0.5 m
From
31.45 m
To
31.95 m
Intercept Depth
31.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-002:31.45-31.95

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
729
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, high-grade silver equivalent intercept from a historical drill program, included within a broader interval.

Positive factors

  • High-grade silver equivalent intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“187”

Context: 0.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-003Copalquin · goldGrade: 0.393Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.393
Grade Unit
g/t
Intercept
0.5 m
From
34.5 m
To
35 m
Intercept Depth
34.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-003:34.5-35

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
90
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.393”

Context: 0.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-003Copalquin · silverGrade: 62.4Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
62.4
Grade Unit
g/t
Intercept
0.5 m
From
34.5 m
To
35 m
Intercept Depth
34.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-003:34.5-35

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
90
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal silver.

Evidence · table

“62.4”

Context: 0.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-003Copalquin · goldGrade: 2.28Grade Unit: g/tIntercept: 2.75 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
2.28
Grade Unit
g/t
Intercept
2.75 m
From
93.6 m
To
96.35 m
Intercept Depth
93.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-003:93.6-96.35

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
660
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A moderate-grade gold intercept over a narrow width from a historical drill program.

Positive factors

  • Moderate-grade gold intercept.

Evidence · table

“2.28”

Context: 2.75

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-003Copalquin · silverGrade: 500Grade Unit: g/tIntercept: 2.75 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
500
Grade Unit
g/t
Intercept
2.75 m
From
93.6 m
To
96.35 m
Intercept Depth
93.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-003:93.6-96.35

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
660
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A strong silver intercept with high silver equivalent grade over a narrow width from a historical drill program.

Positive factors

  • High-grade silver equivalent intercept.
  • Strong silver grade.

Evidence · table

“500”

Context: 2.75

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-003Copalquin · goldGrade: 5.8Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
5.8
Grade Unit
g/t
Intercept
1 m
From
94.7 m
To
95.7 m
Intercept Depth
94.7 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-003:94.7-95.7

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1714
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, high-grade gold intercept from a historical drill program, included within a broader interval.

Positive factors

  • High-grade gold intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“5.8”

Context: 1

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-003Copalquin · silverGrade: 1308Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
1308
Grade Unit
g/t
Intercept
1 m
From
94.7 m
To
95.7 m
Intercept Depth
94.7 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-003:94.7-95.7

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1714
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, bonanza-grade silver equivalent intercept from a historical drill program, included within a broader interval.

Positive factors

  • Bonanza silver equivalent intercept.
  • Exceptional silver grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“1308”

Context: 1

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-003Copalquin · goldGrade: 2.89Grade Unit: g/tIntercept: 1.3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
2.89
Grade Unit
g/t
Intercept
1.3 m
From
214 m
To
215.3 m
Intercept Depth
214 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-003:214-215.3

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
203
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, moderate-grade gold intercept from a historical drill program.

Positive factors

  • Moderate-grade gold intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“2.89”

Context: 1.3

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-003Copalquin · silverGrade: 0.5Grade Unit: g/tIntercept: 1.3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
1.3 m
From
214 m
To
215.3 m
Intercept Depth
214 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-003:214-215.3

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
203
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow silver equivalent intercept with a very low silver grade from a historical drill program.

Negative factors

  • Narrow intercept length.
  • Very low silver grade.

Evidence · table

“0.5”

Context: 1.3

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-003Copalquin · goldGrade: 2.38Grade Unit: g/tIntercept: 0.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
2.38
Grade Unit
g/t
Intercept
0.7 m
From
231.6 m
To
232.3 m
Intercept Depth
231.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-003:231.6-232.3

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
168
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, moderate-grade gold intercept from a historical drill program.

Positive factors

  • Moderate-grade gold intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“2.38”

Context: 0.7

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-003Copalquin · silverGrade: 1.5Grade Unit: g/tIntercept: 0.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-003
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
0.7 m
From
231.6 m
To
232.3 m
Intercept Depth
231.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-003:231.6-232.3

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
168
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow silver equivalent intercept with a very low silver grade from a historical drill program.

Negative factors

  • Narrow intercept length.
  • Very low silver grade.

Evidence · table

“1.5”

Context: 0.7

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-004Copalquin · goldGrade: 0.57Grade Unit: g/tIntercept: 1.45 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-004
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
1.45 m
From
89.2 m
To
90.65 m
Intercept Depth
89.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-004:89.2-90.65

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
150
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“0.57”

Context: 1.45

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-004Copalquin · silverGrade: 109.6Grade Unit: g/tIntercept: 1.45 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-004
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
109.6
Grade Unit
g/t
Intercept
1.45 m
From
89.2 m
To
90.65 m
Intercept Depth
89.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-004:89.2-90.65

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
150
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow silver intercept with a moderate grade from a historical drill program.

Negative factors

  • Narrow intercept length.

Evidence · table

“109.6”

Context: 1.45

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-005Copalquin · goldGrade: 0.19Grade Unit: g/tIntercept: 4.05 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-005
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.19
Grade Unit
g/t
Intercept
4.05 m
From
35.65 m
To
39.7 m
Intercept Depth
35.65 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-005:35.65-39.7

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
75
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade gold intercept over a moderate width from a historical drill program, indicating limited materiality.

Negative factors

  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.19”

Context: 4.05

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-005Copalquin · silverGrade: 61.5Grade Unit: g/tIntercept: 4.05 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-005
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
61.5
Grade Unit
g/t
Intercept
4.05 m
From
35.65 m
To
39.7 m
Intercept Depth
35.65 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-005:35.65-39.7

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
75
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade silver intercept over a moderate width from a historical drill program, indicating limited materiality.

Negative factors

  • Grade is below strong threshold for epithermal silver.

Evidence · table

“61.5”

Context: 4.05

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-005Copalquin · goldGrade: 0.41Grade Unit: g/tIntercept: 1.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-005
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.41
Grade Unit
g/t
Intercept
1.6 m
From
36.75 m
To
38.35 m
Intercept Depth
36.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-005:36.75-38.35

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
159
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from a historical drill program, included within a broader interval.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“0.41”

Context: 1.6

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-005Copalquin · silverGrade: 130Grade Unit: g/tIntercept: 1.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-005
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
130
Grade Unit
g/t
Intercept
1.6 m
From
36.75 m
To
38.35 m
Intercept Depth
36.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-005:36.75-38.35

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
159
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow silver intercept with a moderate grade from a historical drill program, included within a broader interval.

Negative factors

  • Narrow intercept length.

Evidence · table

“130”

Context: 1.6

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-005Copalquin · goldGrade: 1.71Grade Unit: g/tIntercept: 3.35 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-005
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
1.71
Grade Unit
g/t
Intercept
3.35 m
From
90.15 m
To
93.5 m
Intercept Depth
90.15 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-005:90.15-93.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
366
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A moderate-grade gold intercept over a narrow width from a historical drill program.

Negative factors

  • Grade is below strong threshold for epithermal gold.

Evidence · table

“1.71”

Context: 3.35

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-005Copalquin · silverGrade: 246Grade Unit: g/tIntercept: 3.35 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-005
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
246
Grade Unit
g/t
Intercept
3.35 m
From
90.15 m
To
93.5 m
Intercept Depth
90.15 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-005:90.15-93.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
366
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A strong silver intercept with high silver equivalent grade over a narrow width from a historical drill program.

Positive factors

  • Strong silver grade.

Evidence · table

“246”

Context: 3.35

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-005Copalquin · goldGrade: 5.35Grade Unit: g/tIntercept: 1.05 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-005
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
5.35
Grade Unit
g/t
Intercept
1.05 m
From
92.45 m
To
93.5 m
Intercept Depth
92.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-005:92.45-93.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, high-grade gold intercept from a historical drill program, included within a broader interval.

Positive factors

  • High-grade gold intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“5.35”

Context: 1.05

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-005Copalquin · silverGrade: 771Grade Unit: g/tIntercept: 1.05 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-005
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
771
Grade Unit
g/t
Intercept
1.05 m
From
92.45 m
To
93.5 m
Intercept Depth
92.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-005:92.45-93.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1146
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, exceptional-grade silver intercept with high silver equivalent grade from a historical drill program, included within a broader interval.

Positive factors

  • Exceptional silver grade.
  • High-grade silver equivalent intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“771”

Context: 1.05

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-006Copalquin · goldGrade: 4.548Grade Unit: g/tIntercept: 1.25 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-006
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
4.548
Grade Unit
g/t
Intercept
1.25 m
From
119.2 m
To
120.45 m
Intercept Depth
119.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-006:119.2-120.45

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
727
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, high-grade gold intercept from a historical drill program.

Positive factors

  • High-grade gold intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“4.548”

Context: 1.25

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-006Copalquin · silverGrade: 409Grade Unit: g/tIntercept: 1.25 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-006
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
409
Grade Unit
g/t
Intercept
1.25 m
From
119.2 m
To
120.45 m
Intercept Depth
119.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-006:119.2-120.45

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
727
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, high-grade silver equivalent intercept with strong silver grade from a historical drill program.

Positive factors

  • High-grade silver equivalent intercept.
  • Strong silver grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“409”

Context: 1.25

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-006Copalquin · goldGrade: 2.41Grade Unit: g/tIntercept: 0.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-006
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
2.41
Grade Unit
g/t
Intercept
0.9 m
From
138.1 m
To
139 m
Intercept Depth
138.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-006:138.1-139

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
616
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, moderate-grade gold intercept from a historical drill program.

Positive factors

  • Moderate-grade gold intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“2.41”

Context: 0.9

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-006Copalquin · silverGrade: 447Grade Unit: g/tIntercept: 0.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-006
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
447
Grade Unit
g/t
Intercept
0.9 m
From
138.1 m
To
139 m
Intercept Depth
138.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-006:138.1-139

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
616
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, high-grade silver equivalent intercept with strong silver grade from a historical drill program.

Positive factors

  • High-grade silver equivalent intercept.
  • Strong silver grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“447”

Context: 0.9

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-006Copalquin · goldGrade: 1.51Grade Unit: g/tIntercept: 0.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-006
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
1.51
Grade Unit
g/t
Intercept
0.8 m
From
149.75 m
To
150.55 m
Intercept Depth
149.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-006:149.75-150.55

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
427
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, moderate-grade gold intercept from a historical drill program.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“1.51”

Context: 0.8

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-006Copalquin · silverGrade: 321Grade Unit: g/tIntercept: 0.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-006
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
321
Grade Unit
g/t
Intercept
0.8 m
From
149.75 m
To
150.55 m
Intercept Depth
149.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-006:149.75-150.55

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
427
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, strong silver intercept with high silver equivalent grade from a historical drill program.

Positive factors

  • Strong silver grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“321”

Context: 0.8

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-006Copalquin · goldGrade: 0.19Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-006
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.19
Grade Unit
g/t
Intercept
0.5 m
From
301.4 m
To
301.9 m
Intercept Depth
301.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-006:301.4-301.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
86
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.19”

Context: 0.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-006Copalquin · silverGrade: 73Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-006
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
73
Grade Unit
g/t
Intercept
0.5 m
From
301.4 m
To
301.9 m
Intercept Depth
301.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-006:301.4-301.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
86
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal silver.

Evidence · table

“73”

Context: 0.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-007Copalquin · goldGrade: 0.23Grade Unit: g/tIntercept: 1.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-007
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
1.5 m
From
51 m
To
52.5 m
Intercept Depth
51 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-007:51-52.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
31
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.23”

Context: 1.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-007Copalquin · silverGrade: 15.2Grade Unit: g/tIntercept: 1.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-007
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
15.2
Grade Unit
g/t
Intercept
1.5 m
From
51 m
To
52.5 m
Intercept Depth
51 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-007:51-52.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
31
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“15.2”

Context: 1.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-007Copalquin · goldGrade: 0.27Grade Unit: g/tIntercept: 2.05 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-007
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.27
Grade Unit
g/t
Intercept
2.05 m
From
62.75 m
To
64.8 m
Intercept Depth
62.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-007:62.75-64.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
107
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade gold intercept over a narrow width from a historical drill program, indicating limited materiality.

Negative factors

  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.27”

Context: 2.05

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-007Copalquin · silverGrade: 88.1Grade Unit: g/tIntercept: 2.05 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-007
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
88.1
Grade Unit
g/t
Intercept
2.05 m
From
62.75 m
To
64.8 m
Intercept Depth
62.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-007:62.75-64.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
107
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade silver intercept over a narrow width from a historical drill program, indicating limited materiality.

Negative factors

  • Grade is below strong threshold for epithermal silver.

Evidence · table

“88.1”

Context: 2.05

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-007Copalquin · goldGrade: 0.9Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-007
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
0.5 m
From
64.3 m
To
64.8 m
Intercept Depth
64.3 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-007:64.3-64.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
374
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from a historical drill program, included within a broader interval.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“0.90”

Context: 0.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-007Copalquin · silverGrade: 311Grade Unit: g/tIntercept: 0.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-007
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
311
Grade Unit
g/t
Intercept
0.5 m
From
64.3 m
To
64.8 m
Intercept Depth
64.3 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-007:64.3-64.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
374
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, strong silver intercept with high silver equivalent grade from a historical drill program, included within a broader interval.

Positive factors

  • Strong silver grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“311”

Context: 0.5

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-008Copalquin · goldGrade: 0.34Grade Unit: g/tIntercept: 0.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-008
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.34
Grade Unit
g/t
Intercept
0.7 m
From
78.2 m
To
78.9 m
Intercept Depth
78.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-008:78.2-78.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
36
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.34”

Context: 0.7

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-008Copalquin · silverGrade: 11.9Grade Unit: g/tIntercept: 0.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AP25-008
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
11.9
Grade Unit
g/t
Intercept
0.7 m
From
78.2 m
To
78.9 m
Intercept Depth
78.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-008:78.2-78.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
36
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-11-05T00:00:00.000Z

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept from a historical drill program, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“11.9”

Context: 0.7

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

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-009Copalquin · goldGrade: 0.09Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
AP25-009
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.09
Grade Unit
g/t
Intercept
0.8 m
From
85 m
To
85.8 m
Intercept Depth
85 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-009:85-85.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
30
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.09”

Context: 0.8

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-009Copalquin · silverGrade: 23.6Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
AP25-009
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
23.6
Grade Unit
g/t
Intercept
0.8 m
From
85 m
To
85.8 m
Intercept Depth
85 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-009:85-85.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
30
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“23.6”

Context: 0.8

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-009Copalquin · goldGrade: 0.3Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
AP25-009
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
6.1 m
From
89.45 m
To
95.55 m
Intercept Depth
89.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-009:89.45-95.55

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
43
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade gold intercept over a narrow width, indicating limited materiality.

Negative factors

  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.30”

Context: 6.1

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-009Copalquin · silverGrade: 21.7Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
AP25-009
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
21.7
Grade Unit
g/t
Intercept
6.1 m
From
89.45 m
To
95.55 m
Intercept Depth
89.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-009:89.45-95.55

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
43
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade silver intercept over a narrow width, indicating limited materiality.

Negative factors

  • Grade is below weak threshold for epithermal silver.

Evidence · table

“21.7”

Context: 6.1

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-009Copalquin · goldGrade: 0.1Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-009
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
0.5 m
From
99.6 m
To
100.1 m
Intercept Depth
99.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-009:99.6-100.1

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
18
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.10”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-009Copalquin · silverGrade: 10.3Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-009
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
10.3
Grade Unit
g/t
Intercept
0.5 m
From
99.6 m
To
100.1 m
Intercept Depth
99.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-009:99.6-100.1

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
18
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“10.3”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-010Copalquin · goldGrade: 0.5Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-010
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
0.5 m
From
96 m
To
96.5 m
Intercept Depth
96 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-010:96-96.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
83
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“0.50”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-010Copalquin · silverGrade: 47.4Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-010
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
47.4
Grade Unit
g/t
Intercept
0.5 m
From
96 m
To
96.5 m
Intercept Depth
96 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-010:96-96.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
83
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal silver.

Evidence · table

“47.4”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-010Copalquin · goldGrade: 0.45Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-010
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
0.5 m
From
241.3 m
To
241.8 m
Intercept Depth
241.3 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-010:241.3-241.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
443
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“0.45”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-010Copalquin · silverGrade: 411Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-010
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
411
Grade Unit
g/t
Intercept
0.5 m
From
241.3 m
To
241.8 m
Intercept Depth
241.3 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-010:241.3-241.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
443
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, strong silver intercept with high silver equivalent grade.

Positive factors

  • Strong silver grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“411”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-010Copalquin · leadGrade: 3.4Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-010
Project
Copalquin
Commodity
lead
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
3.4
Grade Unit
%
Intercept
0.5 m
From
241.3 m
To
241.8 m
Intercept Depth
241.3 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-010:241.3-241.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow intercept with a moderate lead grade.

Positive factors

  • Moderate lead grade.

Negative factors

  • Narrow intercept length.

Evidence · text

“3.4% lead”

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-010Copalquin · zincGrade: 1.7Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-010
Project
Copalquin
Commodity
zinc
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
1.7
Grade Unit
%
Intercept
0.5 m
From
241.3 m
To
241.8 m
Intercept Depth
241.3 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-010:241.3-241.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow intercept with a low zinc grade.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal zinc.

Evidence · text

“1.70% zinc”

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-011Copalquin · goldGrade: 0.06Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-011
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.06
Grade Unit
g/t
Intercept
0.5 m
From
263.15 m
To
263.65 m
Intercept Depth
263.15 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-011:263.15-263.65

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
29
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.06”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-011Copalquin · silverGrade: 24Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-011
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
24
Grade Unit
g/t
Intercept
0.5 m
From
263.15 m
To
263.65 m
Intercept Depth
263.15 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-011:263.15-263.65

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
29
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“24”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-012Copalquin · goldGrade: 0.22Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-012
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.22
Grade Unit
g/t
Intercept
0.5 m
From
84.45 m
To
84.95 m
Intercept Depth
84.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-012:84.45-84.95

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
121
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.22”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-012Copalquin · silverGrade: 105.3Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-012
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
105.3
Grade Unit
g/t
Intercept
0.5 m
From
84.45 m
To
84.95 m
Intercept Depth
84.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-012:84.45-84.95

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
121
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow silver intercept with a moderate grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“105.3”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-012Copalquin · goldGrade: 0.14Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
AP25-012
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.14
Grade Unit
g/t
Intercept
1 m
From
232.95 m
To
233.95 m
Intercept Depth
232.95 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-012:232.95-233.95

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
115
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.14”

Context: 1

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-012Copalquin · silverGrade: 105Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
AP25-012
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
105
Grade Unit
g/t
Intercept
1 m
From
232.95 m
To
233.95 m
Intercept Depth
232.95 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-012:232.95-233.95

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
115
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow silver intercept with a moderate grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“105”

Context: 1

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-012Copalquin · goldGrade: 0.63Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
AP25-012
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.63
Grade Unit
g/t
Intercept
0.6 m
From
347.05 m
To
347.65 m
Intercept Depth
347.05 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-012:347.05-347.65

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
130
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“0.63”

Context: 0.6

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-012Copalquin · silverGrade: 86Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
AP25-012
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
86
Grade Unit
g/t
Intercept
0.6 m
From
347.05 m
To
347.65 m
Intercept Depth
347.05 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-012:347.05-347.65

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
130
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal silver.

Evidence · table

“86”

Context: 0.6

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-013Copalquin · goldGrade: 0.05Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
AP25-013
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.05
Grade Unit
g/t
Intercept
0.75 m
From
73.65 m
To
74.4 m
Intercept Depth
73.65 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-013:73.65-74.4

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
19
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.05”

Context: 0.75

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-013Copalquin · silverGrade: 15.6Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
AP25-013
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
15.6
Grade Unit
g/t
Intercept
0.75 m
From
73.65 m
To
74.4 m
Intercept Depth
73.65 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-013:73.65-74.4

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
19
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“15.6”

Context: 0.75

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-013Copalquin · goldGrade: 0.44Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-013
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.44
Grade Unit
g/t
Intercept
0.5 m
From
78.75 m
To
79.25 m
Intercept Depth
78.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-013:78.75-79.25

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
86
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“0.44”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-013Copalquin · silverGrade: 55.5Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-013
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
55.5
Grade Unit
g/t
Intercept
0.5 m
From
78.75 m
To
79.25 m
Intercept Depth
78.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-013:78.75-79.25

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
86
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal silver.

Evidence · table

“55.5”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-013Copalquin · goldGrade: 0.16Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
AP25-013
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.16
Grade Unit
g/t
Intercept
0.7 m
From
384.2 m
To
384.9 m
Intercept Depth
384.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-013:384.2-384.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
15
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.16”

Context: 0.7

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-013Copalquin · silverGrade: 3.8Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
AP25-013
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
3.8
Grade Unit
g/t
Intercept
0.7 m
From
384.2 m
To
384.9 m
Intercept Depth
384.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-013:384.2-384.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
15
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“3.8”

Context: 0.7

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-014Copalquin · goldGrade: 0.13Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
AP25-014
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.13
Grade Unit
g/t
Intercept
0.55 m
From
78 m
To
78.55 m
Intercept Depth
78 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-014:78-78.55

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
75
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.13”

Context: 0.55

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-014Copalquin · silverGrade: 65.9Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
AP25-014
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
65.9
Grade Unit
g/t
Intercept
0.55 m
From
78 m
To
78.55 m
Intercept Depth
78 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-014:78-78.55

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
75
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal silver.

Evidence · table

“65.9”

Context: 0.55

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-014Copalquin · goldGrade: 1.14Grade Unit: g/tIntercept: 2.85 mView all details
Link to this fact

Identity

Hole ID
AP25-014
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
1.14
Grade Unit
g/t
Intercept
2.85 m
From
79.6 m
To
82.45 m
Intercept Depth
79.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-014:79.6-82.45

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
145
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A moderate-grade gold intercept over a narrow width.

Negative factors

  • Grade is below strong threshold for epithermal gold.

Evidence · table

“1.14”

Context: 2.85

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-014Copalquin · silverGrade: 64.7Grade Unit: g/tIntercept: 2.85 mView all details
Link to this fact

Identity

Hole ID
AP25-014
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
64.7
Grade Unit
g/t
Intercept
2.85 m
From
79.6 m
To
82.45 m
Intercept Depth
79.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-014:79.6-82.45

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
145
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade silver intercept over a narrow width.

Negative factors

  • Grade is below strong threshold for epithermal silver.

Evidence · table

“64.7”

Context: 2.85

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-014Copalquin · goldGrade: 1.4Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-014
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
1.4
Grade Unit
g/t
Intercept
0.5 m
From
185.5 m
To
186 m
Intercept Depth
185.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-014:185.5-186

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
163
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, moderate-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“1.40”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-014Copalquin · silverGrade: 64.7Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-014
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
64.7
Grade Unit
g/t
Intercept
0.5 m
From
185.5 m
To
186 m
Intercept Depth
185.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-014:185.5-186

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
163
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal silver.

Evidence · table

“64.7”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-014Copalquin · goldGrade: 0.34Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
AP25-014
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.34
Grade Unit
g/t
Intercept
1.2 m
From
407.7 m
To
408.9 m
Intercept Depth
407.7 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-014:407.7-408.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
82
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.34”

Context: 1.2

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-014Copalquin · silverGrade: 57.9Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
AP25-014
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
57.9
Grade Unit
g/t
Intercept
1.2 m
From
407.7 m
To
408.9 m
Intercept Depth
407.7 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-014:407.7-408.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
82
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal silver.

Evidence · table

“57.9”

Context: 1.2

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · goldGrade: 0.26Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.26
Grade Unit
g/t
Intercept
1 m
From
9 m
To
10 m
Intercept Depth
9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:9-10

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
47
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.26”

Context: 1

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · silverGrade: 29.1Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
29.1
Grade Unit
g/t
Intercept
1 m
From
9 m
To
10 m
Intercept Depth
9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:9-10

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
47
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“29.1”

Context: 1

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · goldGrade: 0.09Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.09
Grade Unit
g/t
Intercept
0.5 m
From
57.6 m
To
58.1 m
Intercept Depth
57.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:57.6-58.1

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
24
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.09”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · silverGrade: 17.1Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
17.1
Grade Unit
g/t
Intercept
0.5 m
From
57.6 m
To
58.1 m
Intercept Depth
57.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:57.6-58.1

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
24
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“17.1”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · goldGrade: 0.18Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.18
Grade Unit
g/t
Intercept
0.75 m
From
63 m
To
63.75 m
Intercept Depth
63 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:63-63.75

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
32
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.18”

Context: 0.75

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · silverGrade: 19.2Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
19.2
Grade Unit
g/t
Intercept
0.75 m
From
63 m
To
63.75 m
Intercept Depth
63 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:63-63.75

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
32
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“19.2”

Context: 0.75

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · goldGrade: 0.07Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.07
Grade Unit
g/t
Intercept
3.05 m
From
193.05 m
To
196.1 m
Intercept Depth
193.05 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:193.05-196.1

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
170
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade gold intercept over a narrow width, indicating limited materiality.

Negative factors

  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.07”

Context: 3.05

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · silverGrade: 165Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
165
Grade Unit
g/t
Intercept
3.05 m
From
193.05 m
To
196.1 m
Intercept Depth
193.05 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:193.05-196.1

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
170
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Evidence · table

“165”

Context: 3.05

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · goldGrade: 0.11Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
0.85 m
From
193.05 m
To
193.9 m
Intercept Depth
193.05 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:193.05-193.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
237
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, included within a broader interval.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.11”

Context: 0.85

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · silverGrade: 229Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
229
Grade Unit
g/t
Intercept
0.85 m
From
193.05 m
To
193.9 m
Intercept Depth
193.05 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:193.05-193.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
237
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, strong silver intercept, included within a broader interval.

Positive factors

  • Strong silver grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“229”

Context: 0.85

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · goldGrade: 0.09Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.09
Grade Unit
g/t
Intercept
0.65 m
From
195.45 m
To
196.1 m
Intercept Depth
195.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:195.45-196.1

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
271
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, included within a broader interval.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.09”

Context: 0.65

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

AP25-017Copalquin · silverGrade: 265Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
AP25-017
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
265
Grade Unit
g/t
Intercept
0.65 m
From
195.45 m
To
196.1 m
Intercept Depth
195.45 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
AP25-017:195.45-196.1

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
271
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, strong silver intercept, included within a broader interval.

Positive factors

  • Strong silver grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“265”

Context: 0.65

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-001Copalquin · goldGrade: 0.1Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
TA25-001
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
1 m
From
36.5 m
To
37.5 m
Intercept Depth
36.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-001:36.5-37.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
29
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.10”

Context: 1

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-001Copalquin · silverGrade: 21.9Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
TA25-001
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
21.9
Grade Unit
g/t
Intercept
1 m
From
36.5 m
To
37.5 m
Intercept Depth
36.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-001:36.5-37.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
29
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“21.9”

Context: 1

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-001Copalquin · goldGrade: 0.18Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
TA25-001
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.18
Grade Unit
g/t
Intercept
3.35 m
From
57.1 m
To
60.45 m
Intercept Depth
57.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-001:57.1-60.45

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
46
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade gold intercept over a narrow width, indicating limited materiality.

Negative factors

  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.18”

Context: 3.35

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-001Copalquin · silverGrade: 33.7Grade Unit: g/tIntercept: 3.35 mView all details
Link to this fact

Identity

Hole ID
TA25-001
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
33.7
Grade Unit
g/t
Intercept
3.35 m
From
57.1 m
To
60.45 m
Intercept Depth
57.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-001:57.1-60.45

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
46
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade silver intercept over a narrow width, indicating limited materiality.

Negative factors

  • Grade is below weak threshold for epithermal silver.

Evidence · table

“33.7”

Context: 3.35

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-002Copalquin · goldGrade: 0.09Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
TA25-002
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.09
Grade Unit
g/t
Intercept
0.7 m
From
35.65 m
To
36.35 m
Intercept Depth
35.65 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-002:35.65-36.35

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
41
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.09”

Context: 0.7

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-002Copalquin · silverGrade: 34.8Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
TA25-002
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
34.8
Grade Unit
g/t
Intercept
0.7 m
From
35.65 m
To
36.35 m
Intercept Depth
35.65 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-002:35.65-36.35

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
41
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“34.8”

Context: 0.7

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-002Copalquin · goldGrade: 0.19Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
TA25-002
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.19
Grade Unit
g/t
Intercept
0.5 m
From
77.35 m
To
77.85 m
Intercept Depth
77.35 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-002:77.35-77.85

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
66
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.19”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-002Copalquin · silverGrade: 52.8Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
TA25-002
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
52.8
Grade Unit
g/t
Intercept
0.5 m
From
77.35 m
To
77.85 m
Intercept Depth
77.35 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-002:77.35-77.85

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
66
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal silver.

Evidence · table

“52.8”

Context: 0.5

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-002Copalquin · goldGrade: 0.39Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
TA25-002
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.39
Grade Unit
g/t
Intercept
1.25 m
From
79.85 m
To
81.1 m
Intercept Depth
79.85 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-002:79.85-81.1

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
57
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.39”

Context: 1.25

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-002Copalquin · silverGrade: 29.4Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
TA25-002
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
29.4
Grade Unit
g/t
Intercept
1.25 m
From
79.85 m
To
81.1 m
Intercept Depth
79.85 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-002:79.85-81.1

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
57
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“29.4”

Context: 1.25

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-003Copalquin · goldGrade: 0.07Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
TA25-003
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.07
Grade Unit
g/t
Intercept
0.75 m
From
33.8 m
To
34.55 m
Intercept Depth
33.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-003:33.8-34.55

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
26
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.07”

Context: 0.75

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-003Copalquin · silverGrade: 21.3Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
TA25-003
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
21.3
Grade Unit
g/t
Intercept
0.75 m
From
33.8 m
To
34.55 m
Intercept Depth
33.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-003:33.8-34.55

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
26
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“21.3”

Context: 0.75

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-003Copalquin · goldGrade: 0.1Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
TA25-003
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
0.85 m
From
45.65 m
To
46.5 m
Intercept Depth
45.65 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-003:45.65-46.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
45
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.10”

Context: 0.85

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-003Copalquin · silverGrade: 37.4Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
TA25-003
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
37.4
Grade Unit
g/t
Intercept
0.85 m
From
45.65 m
To
46.5 m
Intercept Depth
45.65 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-003:45.65-46.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
45
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“37.4”

Context: 0.85

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-004Copalquin · goldGrade: 0.53Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
TA25-004
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.53
Grade Unit
g/t
Intercept
1.25 m
From
79.5 m
To
80.75 m
Intercept Depth
79.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-004:79.5-80.75

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
103
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“0.53”

Context: 1.25

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-004Copalquin · silverGrade: 66.35Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
TA25-004
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
66.35
Grade Unit
g/t
Intercept
1.25 m
From
79.5 m
To
80.75 m
Intercept Depth
79.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-004:79.5-80.75

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
103
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow silver intercept with a moderate grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“66.35”

Context: 1.25

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-005Copalquin · goldGrade: 0.13Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
TA25-005
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.13
Grade Unit
g/t
Intercept
2 m
From
1 m
To
3 m
Intercept Depth
1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-005:1-3

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
28
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade gold intercept over a narrow width, indicating limited materiality.

Negative factors

  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.13”

Context: 2

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-005Copalquin · silverGrade: 18.55Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
TA25-005
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
18.55
Grade Unit
g/t
Intercept
2 m
From
1 m
To
3 m
Intercept Depth
1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-005:1-3

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
28
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade silver intercept over a narrow width, indicating limited materiality.

Negative factors

  • Grade is below weak threshold for epithermal silver.

Evidence · table

“18.55”

Context: 2

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-005Copalquin · goldGrade: 0.1Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
TA25-005
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
0.55 m
From
141 m
To
141.55 m
Intercept Depth
141 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-005:141-141.55

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
89
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.10”

Context: 0.55

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

TA25-005Copalquin · silverGrade: 82.2Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
TA25-005
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
82.2
Grade Unit
g/t
Intercept
0.55 m
From
141 m
To
141.55 m
Intercept Depth
141 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TA25-005:141-141.55

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
89
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept, indicating limited materiality.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal silver.

Evidence · table

“82.2”

Context: 0.55

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
1198
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, high-grade gold intercept from new drilling at Target 5.

Positive factors

  • High-grade gold intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“6.20”

Context: 0.85

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, bonanza-grade gold equivalent intercept with exceptional silver grade from new drilling at Target 5.

Positive factors

  • Bonanza gold equivalent intercept.
  • Exceptional silver grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“764.0”

Context: 0.85

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
99
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, moderate-grade gold intercept from new drilling at Target 5.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“1.16”

Context: 0.75

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade silver intercept from new drilling at Target 5.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“18.1”

Context: 0.75

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.14”

Context: 0.60

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“10.9”

Context: 0.60

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.16”

Context: 1.00

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“7.6”

Context: 1.00

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“0.95”

Context: 0.50

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow silver intercept with a moderate grade from new drilling at Target 3.

Negative factors

  • Narrow intercept length.

Evidence · table

“120.0”

Context: 0.50

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.33”

Context: 1.35

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Very low silver grade.

Evidence · table

“0.5”

Context: 1.35

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, moderate-grade gold intercept from new drilling at Target 3.

Positive factors

  • Moderate-grade gold intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“2.79”

Context: 0.90

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, strong silver intercept from new drilling at Target 3.

Positive factors

  • Strong silver grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“151.0”

Context: 0.90

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.23”

Context: 1.00

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Very low silver grade.

Evidence · table

“1.2”

Context: 1.00

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.26”

Context: 0.85

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“5.2”

Context: 0.85

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, low-grade gold intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.38”

Context: 1.50

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Very low silver grade.

Evidence · table

“3.3”

Context: 1.50

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade gold intercept over a narrow width from new drilling at Target 3.

Negative factors

  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.12”

Context: 2.1

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A low-grade silver intercept over a narrow width from new drilling at Target 3.

Negative factors

  • Grade is below weak threshold for epithermal silver.

Evidence · table

“18.4”

Context: 2.1

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, high-grade gold intercept from new drilling at Target 3.

Positive factors

  • High-grade gold intercept.

Negative factors

  • Narrow intercept length.

Evidence · table

“6.91”

Context: 0.50

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, high-grade gold equivalent intercept with strong silver grade from new drilling at Target 3.

Positive factors

  • High-grade gold equivalent intercept.
  • Strong silver grade.

Negative factors

  • Narrow intercept length.

Evidence · table

“475.0”

Context: 0.50

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, moderate-grade gold intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“1.12”

Context: 0.65

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“17.8”

Context: 0.65

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.27”

Context: 1.00

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Very low silver grade.

Evidence · table

“1.2”

Context: 1.00

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade gold intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal gold.

Evidence · table

“0.16”

Context: 1.00

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, very low-grade silver intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below weak threshold for epithermal silver.

Evidence · table

“17.0”

Context: 1.00

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: A narrow, moderate-grade gold intercept from new drilling at Target 3.

Negative factors

  • Narrow intercept length.
  • Grade is below strong threshold for epithermal gold.

Evidence · table

“1.02”

Context: 0.70

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Negative factors

  • Narrow intercept length.

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

(IncludingCopalquin · goldGrade: 5.35Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
(Including
Project
Copalquin
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
5.35
Grade Unit
g/t
Intercept
1.05 m
From
92.45 m
To
93.5 m
Intercept Depth
92.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
(Including:92.45-93.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1146
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 5.35 g/t gold is exceptional against the default band [5, 2, 1, 0.3] g/t. Grade×width 5.6 g/t·m is below (grade alone is exceptional; the better of the two is used).

Positive factors

  • 5.35 g/t gold is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.35”

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

(IncludingCopalquin · silverGrade: 771Grade Unit: g/tIntercept: 1.05 mView all details
Link to this fact

Identity

Hole ID
(Including
Project
Copalquin
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
MSG

Geometry

Grade
771
Grade Unit
g/t
Intercept
1.05 m
From
92.45 m
To
93.5 m
Intercept Depth
92.45 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
(Including:92.45-93.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1146
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 771 g/t silver is exceptional against the default band [500, 200, 100, 30] g/t. Grade×width 809.6 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 771 g/t silver is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“771”

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-001:79.5-80

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.5 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.3 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-001:79.5-80

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.52
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 1.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.8 g/t·m is below.

Negative factors

  • 1.5 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-002*:134.95-135.45

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
33.28
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 33.2 g/t gold is exceptional against the default band [5, 2, 1, 0.3] g/t. Grade×width 16.6 g/t·m is weak (grade alone is exceptional; the better of the two is used).

Positive factors

  • 33.2 g/t gold is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-002*:134.95-135.45

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
33.28
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 5.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.0 g/t·m is below.

Negative factors

  • 5.9 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-003:19.2-20.2

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.7
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.69 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.7 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-003:19.2-20.2

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.7
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.9 g/t·m is below.

Negative factors

  • 0.9 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-003:20.2-21.2

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.32
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.29 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.3 g/t·m is below.

Negative factors

  • 0.29 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-003:20.2-21.2

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.32
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 2.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.1 g/t·m is below.

Negative factors

  • 2.1 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-003:19.2-21.2

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.51
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.49 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 1.0 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-003:19.2-21.2

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.51
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 1.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.0 g/t·m is below.

Negative factors

  • 1.5 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-003*:68.65-69.15

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.16
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.76 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.4 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-003*:68.65-69.15

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.16
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 27.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.8 g/t·m is below.

Negative factors

  • 27.7 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:11.1-11.6

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.28 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.1 g/t·m is below.

Negative factors

  • 0.28 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:11.1-11.6

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 1.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.6 g/t·m is below.

Negative factors

  • 1.2 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:31.75-33.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.41
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.41 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.7 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:31.75-33.5

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.41
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.5 g/t·m is below.

Negative factors

  • 0.3 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:33.5-34

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.38
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.37 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.2 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:33.5-34

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.38
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.5 g/t·m is below.

Negative factors

  • 0.9 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:62.3-62.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.81
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.8 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.4 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:62.3-62.8

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.81
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.3 g/t·m is below.

Negative factors

  • 0.7 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:67.35-68

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.2 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.1 g/t·m is below.

Negative factors

  • 0.2 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:67.35-68

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 6.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 4.4 g/t·m is below.

Negative factors

  • 6.7 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:68-69.2

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.84
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.54 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.6 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:68-69.2

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.84
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 21.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 25.4 g/t·m is below.

Negative factors

  • 21.2 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004*:75.85-76.4

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.33
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 1.24 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.7 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004*:75.85-76.4

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
1.33
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 6.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.4 g/t·m is below.

Negative factors

  • 6.1 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

“6.1”

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:80.5-81.05

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.26
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.26 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.1 g/t·m is below.

Negative factors

  • 0.26 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-004:80.5-81.05

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.26
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.2 g/t·m is below.

Negative factors

  • 0.3 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-005:32.2-33

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.31
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.19 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.2 g/t·m is below.

Negative factors

  • 0.19 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-005:32.2-33

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.31
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 8.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 6.7 g/t·m is below.

Negative factors

  • 8.4 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-005:48.65-50.15

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.42
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.39 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.6 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-005:48.65-50.15

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.42
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 2.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.6 g/t·m is below.

Negative factors

  • 2.4 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-005:68.3-68.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.18 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.1 g/t·m is below.

Negative factors

  • 0.18 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
GU26-005:68.3-68.9

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 8.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.0 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: 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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
CS26-002:48.65-49.15

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.35
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.13 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.1 g/t·m is below.

Negative factors

  • 0.13 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
CS26-002:48.65-49.15

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.35
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 15.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 7.8 g/t·m is below.

Negative factors

  • 15.6 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
CS26-002:54.5-56

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.29
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 0.26 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.4 g/t·m is below.

Negative factors

  • 0.26 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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
Sample Type
drill
Group ID
CS26-002:54.5-56

QA/QC

Laboratory
ALS Global
QP Signed
Yes

Metal Equivalent

Metal Eq. Grade
0.29
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-29T00:00:00.000Z

Reasoning: Expanded from assay table. 1.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.8 g/t·m is below.

Negative factors

  • 1.9 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

“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

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "We see 2026 as a defining year as we continue to convert this district into a significant silver-gold discovery.” Copalq"

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.