Mogotes Metals Drills 180 m at 0.98% Copper Equivalent, Expanding the Albor Copper-Gold-Silver-Molybdenum Discovery at Filo Sur, Vicuna District

Original announcement by tmx on

Company
Mogotes Metals Inc.
Ticker
MOG
Exchange
TSX
Region
Chile
Primary commodity
Copper
Secondary commodities
Gold, Silver, Molybdenum
Document categories
Drill results, Other
Extracted
2026-09-18 10:41:23 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Mogotes Metals has reported significant drill results from its Filo Sur project in Chile, highlighted by a 180m intercept of 0.98% CuEq at the Albor target. The results expand the known footprint of the Albor discovery and show evidence of a large, multi-stage hydrothermal system near the Filo del Sol deposit.

Reasoning: The release reports a high-grade, wide copper-equivalent intercept that expands a known discovery near a major world-class deposit, supported by strong geological evidence of a large hydrothermal system.

Positive factors

  • Significant 180m intercept at 0.98% CuEq
  • Expansion of the Albor discovery
  • Presence of multiple overlapping hydrothermal events
  • Proximity to major Filo del Sol discovery

Negative factors

  • Apparent width only (true width not disclosed)
  • Technical drilling issues noted in other holes (FS_DDH_009)

Facts used in scoring: 6

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The results expand the Albor discovery previously reported in May.

Evidence · text

“confirms and expands the discovery at the Albor target, first made with hole FS_DDH_016”

Apparent Width Onlynegative

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

Why it applies: The intercept is reported as a downhole length with no true width or drill orientation provided.

Evidence · text

“Insufficient information is currently available for true width determinations.”

QA/QC Disclosedpositive

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

Why it applies: The release details specific QA/QC protocols, including CRMs, blanks, and laboratory procedures.

Evidence · text

“Geochemical assays are obtained and reported under a quality assurance and quality control (QA/QC) program.”

Nearology Playneutral

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

Why it applies: The project is located immediately south of and along strike from the Filo del Sol discovery.

Evidence · text

“located immediately south of, and along strike from, the Filo del Sol copper-gold-silver discovery”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

FS_DDH_016Filo Sur · copperGrade: 0.51Grade Unit: %Intercept: 180 mView all details
Link to this fact

Identity

Hole ID
FS_DDH_016
Project
Filo Sur
Commodity
copper
Region
chile
Reported Region
chile
Ticker
MOG

Geometry

Grade
0.51
Grade Unit
%
Intercept
180 m
From
108 m
To
288 m
Intercept Depth
108 m

Classification

Program
exploration
Sample Type
drill
Group ID
FS_DDH_016:108-288
Mining Method
open_pit

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.98
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: Strong copper intercept in a known discovery zone.

Positive factors

  • Wide 180m intercept

Negative factors

  • True width not disclosed

Evidence · text

“180.0 m @ 0.98% CuEq from 108.0 m (0.51% Cu, 0.37 g/t Au, 2.8 g/t Ag, 119 ppm Mo)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off 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: "(TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes" or the "Company") is pleased to provide an update on drilling results f"

FS_DDH_016Filo Sur · goldGrade: 0.37Grade Unit: g/tIntercept: 180 mView all details
Link to this fact

Identity

Hole ID
FS_DDH_016
Project
Filo Sur
Commodity
gold
Region
chile
Reported Region
chile
Ticker
MOG

Geometry

Grade
0.37
Grade Unit
g/t
Intercept
180 m
From
108 m
To
288 m
Intercept Depth
108 m

Classification

Program
exploration
Sample Type
drill
Group ID
FS_DDH_016:108-288
Mining Method
open_pit

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: Secondary metal in a Cu-equivalent intercept.

Evidence · text

“0.37 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off 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: "(TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes" or the "Company") is pleased to provide an update on drilling results f"

FS_DDH_016Filo Sur · silverGrade: 2.8Grade Unit: g/tIntercept: 180 mView all details
Link to this fact

Identity

Hole ID
FS_DDH_016
Project
Filo Sur
Commodity
silver
Region
chile
Reported Region
chile
Ticker
MOG

Geometry

Grade
2.8
Grade Unit
g/t
Intercept
180 m
From
108 m
To
288 m
Intercept Depth
108 m

Classification

Program
exploration
Sample Type
drill
Group ID
FS_DDH_016:108-288
Mining Method
open_pit

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: Secondary metal in a Cu-equivalent intercept.

Evidence · text

“2.8 g/t Ag”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off 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: "(TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes" or the "Company") is pleased to provide an update on drilling results f"

FS_DDH_016Filo Sur · molybdenumGrade: 119Grade Unit: ppmIntercept: 180 mView all details
Link to this fact

Identity

Hole ID
FS_DDH_016
Project
Filo Sur
Commodity
molybdenum
Region
chile
Reported Region
chile
Ticker
MOG

Geometry

Grade
119
Grade Unit
ppm
Intercept
180 m
From
108 m
To
288 m
Intercept Depth
108 m

Classification

Program
exploration
Sample Type
drill
Group ID
FS_DDH_016:108-288
Mining Method
open_pit

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: Secondary metal in a Cu-equivalent intercept.

Evidence · text

“119 ppm Mo”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off 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: "(TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes" or the "Company") is pleased to provide an update on drilling results f"

FS_DDH_016Filo Sur · copperGrade: 1.32Grade Unit: %Intercept: 9 mView all details
Link to this fact

Identity

Hole ID
FS_DDH_016
Project
Filo Sur
Commodity
copper
Region
chile
Reported Region
chile
Ticker
MOG

Geometry

Grade
1.32
Grade Unit
%
Intercept
9 m
From
276 m
To
285 m
Intercept Depth
276 m

Classification

Program
exploration
Sample Type
drill
Group ID
FS_DDH_016:276-285
Mining Method
open_pit

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2.84
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: Strong high-grade intercept within the larger hole.

Positive factors

  • High grade intercept

Evidence · text

“9.0 m @ 2.84% CuEq from 276.0 m (1.32% Cu, 1.34 g/t Au, 7.5 g/t Ag, 105 ppm Mo)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off 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: "(TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes" or the "Company") is pleased to provide an update on drilling results f"

FS_DDH_019Filo Sur · copperGrade: 0.41Grade Unit: %Intercept: 14 mView all details
Link to this fact

Identity

Hole ID
FS_DDH_019
Project
Filo Sur
Commodity
copper
Region
chile
Reported Region
chile
Ticker
MOG

Geometry

Grade
0.41
Grade Unit
%
Intercept
14 m
From
48 m
To
62 m
Intercept Depth
48 m

Classification

Program
exploration
Sample Type
drill
Group ID
FS_DDH_019:48-62
Mining Method
open_pit

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.82
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-09T00:00:00.000Z

Reasoning: Weakly mineralized intercept in a hole with poor orientation.

Negative factors

  • Hole not considered an adequate test due to oblique angle

Evidence · text

“14.0 m @ 0.82% CuEq from 48.0 m (0.41% Cu, 0.35 g/t Au, 1.6 g/t Ag, 60ppm Mo)”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off 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: "(TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes" or the "Company") is pleased to provide an update on drilling results f"

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.