South Pacific Metals Intersects 12 m at 3.1 g/t Gold, Including 1 m at 18.1 g/t Gold, at New Megabe Target, Ontenu NE; Provides Corporate Update Across Its Multi-Asset PNG Gold-Copper Portfolio

Original announcement by tmx on

Company
South Pacific Metals Corp.
Ticker
SPMC
Exchange
TSX
Region
Papua New Guinea
Primary commodity
Gold
Secondary commodities
Copper, Silver, Molybdenum
Document categories
Drill results, Resource update
Extracted
2026-09-18 23:11:43 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

South Pacific Metals Corp. reported high-grade gold drill results from its new Megabe target at the Ontenu NE project in Papua New Guinea, with hole ONED26-007 intersecting 12 m at 3.1 g/t gold, including 1 m at 18.1 g/t gold. The company also provided a corporate update across its multi-asset portfolio, including a maiden NI 43-101 Inferred Mineral Resource of 4.2 Moz AuEq for the Kili Teke Project. The results highlight the potential for K92 Mining Kora-Judd-style structures in the Ontenu area, with two rigs currently active.

Reasoning: The document reports high-grade gold drill results from a new target, Megabe, within the Ontenu NE project, which is a significant exploration success. It also provides an update on the Kili Teke project, which hosts a substantial Inferred Mineral Resource. The drill results are material due to the high gold grades and the discovery at a new target, while the resource update provides a baseline for future development. The company also provides good QA/QC disclosure and a true width estimate for the drill intercept.

Positive factors

  • High-grade gold intercept at a new target (Megabe), indicating potential for new discoveries.
  • True width estimate provided, increasing confidence in the geometry of mineralization.
  • QA/QC procedures are disclosed, including certified lab and QP sign-off.
  • Maiden Inferred Resource for Kili Teke Project establishes a significant baseline.

Negative factors

  • Drill results are from a single hole at the new Megabe target, requiring further drilling to confirm continuity.
  • The Kili Teke resource is entirely Inferred, limiting its use for economic studies.
  • Metal equivalent assumptions for Kili Teke resource are disclosed but exclude molybdenum, potentially understating the full value.

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

Facts used in scoring: 48

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The intercept of 1 m at 18.10 g/t Au is exceptionally high-grade, well above the typical thresholds for gold deposits.

Evidence · table

“18.10”

Context: 1

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document states that true width is estimated at approximately 30% of the downhole interval, providing important geological context.

Evidence · text

“true width is estimated at approximately 30% of the downhole interval, preliminary and subject to confirmation by further drilling.”

QA/QC Disclosedpositive

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

Why it applies: The release includes detailed QA/QC procedures, including sample preparation, assay methods, and insertion of standards, blanks, and duplicates.

Evidence · text

“Quality Assurance and Quality Control All drill holes are logged on site by the Company's geology team. Drill core (PQ or HQ) is half-cut, with samples secured and shipped to Intertek Laboratory in Lae, Papua New Guinea. Gold is assayed by 50 g fire assay with AAS finish (FA50/AA); copper and silver are assayed by 3-acid digest with AAS finish (PGGA03) at Intertek Lae ("preliminary" in Table 2 above). Sample pulps are subsequently sent to Intertek in Perth, Western Australia for multi-element ICP-MS analysis using a 4-acid digest (4A/MS) ("Full ME" in Table 2 above). Two certified reference materials (standards), one blank and one duplicate are inserted within each batch of 100 samples to monitor laboratory performance.”

QP/CP Signedpositive

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

Why it applies: The scientific and technical information is reviewed and approved by Darren Holden, a 'Qualified Person' as defined in NI 43-101.

Evidence · text

“The scientific and technical information disclosed in this news release is compiled by Company geologists and consultants and reviewed and approved by Darren Holden, BSc(Hons) (Geology), PhD, FAusIMM, a "Qualified Person" as defined in National Instrument 43-101 *Standards of Disclosure for Mineral Projects*.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drill hole ONED26-007 is the first hole testing the new Megabe target, indicating an extension of exploration beyond known areas.

Evidence · text

“Drill hole ONED26-007, the first hole testing the new Megabe target at Ontenu NE, returned 12 m at 3.1 g/t Au, including 1 m at 18.1 g/t Au.”

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

Why it applies: The Kili Teke Project hosts an NI 43-101 Inferred Mineral Resource, which is the first formal MRE for this project.

Evidence · text

“Kili Teke Project in Hela Province hosts an NI 43-101 Inferred Mineral Resource of 4.2 Moz AuEq * (effective 18 November 2022)”

All Inferrednegative

M&I share below the weak bound — very early stage, no engineering confidence.

Why it applies: The Kili Teke resource is entirely Inferred, indicating a very early stage of confidence.

Evidence · text

“NI 43-101 Inferred Mineral Resource of 4.2 Moz AuEq”

NI 43-101 Compliantpositive

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

Why it applies: The Kili Teke resource estimate is stated to be NI 43-101 compliant.

Evidence · text

“NI 43-101 Inferred Mineral Resource of 4.2 Moz AuEq”

Extracted facts

Stored fact records: 48. Some facts used in scoring do not have a stored record.

Drill Results (45)

ONED26-007s nearby Kora-Judd · goldGrade: 0.24Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
0.24
Grade Unit
g/t
Intercept
18 m
From
140 m
To
158 m
Hole Depth
198.8 m
Intercept Depth
140 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:140-158
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This intercept is from the first hole into the new Megabe target, which is positive for exploration. However, the gold grade is relatively low for an epithermal deposit, making it less material on its own.

Positive factors

  • Part of the first hole into a new target, indicating potential for further discoveries.
  • True width estimate provided.

Negative factors

  • Low gold grade for an epithermal deposit.

Evidence · table

“0.24”

Context: 18

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 3Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
3
Grade Unit
g/t
Intercept
18 m
From
140 m
To
158 m
Hole Depth
198.8 m
Intercept Depth
140 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:140-158
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.

Negative factors

  • Very low silver grade.

Evidence · table

“3”

Context: 18

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 83Grade Unit: ppmIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
83
Grade Unit
ppm
Intercept
18 m
From
140 m
To
158 m
Hole Depth
198.8 m
Intercept Depth
140 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:140-158
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.

Negative factors

  • Very low copper grade.

Evidence · table

“83”

Context: 18

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 3.1Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
3.1
Grade Unit
g/t
Intercept
12 m
True Width
3.6 m
From
185 m
To
197 m
Hole Depth
198.8 m
Intercept Depth
185 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:185-197
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a significant high-grade gold intercept from the first hole into the new Megabe target, demonstrating strong exploration potential. The estimated true width adds confidence to the result.

Positive factors

  • High-grade gold intercept at a new target (Megabe), indicating potential for new discoveries.
  • True width estimate provided, increasing confidence in the geometry of mineralization.

Evidence · table

“3.10”

Context: 12

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.6

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 15Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
15
Grade Unit
g/t
Intercept
12 m
True Width
3.6 m
From
185 m
To
197 m
Hole Depth
198.8 m
Intercept Depth
185 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:185-197
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is moderate and contributes to the overall polymetallic nature of the intercept at the new Megabe target.

Positive factors

  • Part of a significant gold intercept at a new target.
  • True width estimate provided.

Evidence · table

“15”

Context: 12

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.6

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 540Grade Unit: ppmIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
540
Grade Unit
ppm
Intercept
12 m
True Width
3.6 m
From
185 m
To
197 m
Hole Depth
198.8 m
Intercept Depth
185 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:185-197
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is low but contributes to the polymetallic nature of the intercept at the new Megabe target.

Positive factors

  • Part of a significant gold intercept at a new target.
  • True width estimate provided.

Evidence · table

“540”

Context: 12

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.6

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 18.1Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
18.1
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
185 m
To
186 m
Hole Depth
198.8 m
Intercept Depth
185 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:185-186
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a bonanza-grade gold intercept, representing a very significant result from the first hole into the new Megabe target. The estimated true width adds confidence.

Positive factors

  • Exceptional high-grade gold intercept (Bonanza Intercept) at a new target.
  • True width estimate provided.

Evidence · table

“18.10”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 84Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
84
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
185 m
To
186 m
Hole Depth
198.8 m
Intercept Depth
185 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:185-186
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This high-grade silver intercept is a positive byproduct of the bonanza gold intercept, adding to the overall value of the discovery.

Positive factors

  • High-grade silver associated with a bonanza gold intercept at a new target.
  • True width estimate provided.

Evidence · table

“84”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 153Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
153
Grade Unit
ppm
Intercept
1 m
True Width
0.3 m
From
185 m
To
186 m
Hole Depth
198.8 m
Intercept Depth
185 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:185-186
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is very low but is part of the high-grade gold intercept at the new Megabe target.

Positive factors

  • Associated with a bonanza gold intercept at a new target.
  • True width estimate provided.

Negative factors

  • Very low copper grade.

Evidence · table

“153”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 0.99Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
0.99
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
186 m
To
187 m
Hole Depth
198.8 m
Intercept Depth
186 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:186-187
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a low-grade gold intercept within the broader mineralized zone at the new Megabe target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Low gold grade for an epithermal deposit.

Evidence · table

“0.99”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 4Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
4
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
186 m
To
187 m
Hole Depth
198.8 m
Intercept Depth
186 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:186-187
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low silver grade.

Evidence · table

“4”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 71Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
71
Grade Unit
ppm
Intercept
1 m
True Width
0.3 m
From
186 m
To
187 m
Hole Depth
198.8 m
Intercept Depth
186 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:186-187
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low copper grade.

Evidence · table

“71”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 0.11Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
187 m
To
188 m
Hole Depth
198.8 m
Intercept Depth
187 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:187-188
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a very low-grade gold intercept within the broader mineralized zone at the new Megabe target, indicating some dilution.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low gold grade.

Evidence · table

“0.11”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 3Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
3
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
187 m
To
188 m
Hole Depth
198.8 m
Intercept Depth
187 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:187-188
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low silver grade.

Evidence · table

“3”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 109Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
109
Grade Unit
ppm
Intercept
1 m
True Width
0.3 m
From
187 m
To
188 m
Hole Depth
198.8 m
Intercept Depth
187 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:187-188
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low copper grade.

Evidence · table

“109”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 0.04Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
0.04
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
188 m
To
189 m
Hole Depth
198.8 m
Intercept Depth
188 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:188-189
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is an extremely low-grade gold intercept, indicating significant dilution within the broader mineralized zone at the new Megabe target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Extremely low gold grade.

Evidence · table

“0.04”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 2Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
2
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
188 m
To
189 m
Hole Depth
198.8 m
Intercept Depth
188 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:188-189
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low silver grade.

Evidence · table

“2”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 93Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
93
Grade Unit
ppm
Intercept
1 m
True Width
0.3 m
From
188 m
To
189 m
Hole Depth
198.8 m
Intercept Depth
188 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:188-189
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low copper grade.

Evidence · table

“93”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 2.97Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
2.97
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
189 m
To
190 m
Hole Depth
198.8 m
Intercept Depth
189 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:189-190
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a high-grade gold intercept within the broader mineralized zone at the new Megabe target, contributing positively to the overall discovery.

Positive factors

  • High-grade gold intercept at a new target.
  • True width estimate provided.

Evidence · table

“2.97”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 5Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
5
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
189 m
To
190 m
Hole Depth
198.8 m
Intercept Depth
189 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:189-190
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low silver grade.

Evidence · table

“5”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 126Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
126
Grade Unit
ppm
Intercept
1 m
True Width
0.3 m
From
189 m
To
190 m
Hole Depth
198.8 m
Intercept Depth
189 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:189-190
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low copper grade.

Evidence · table

“126”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 1.48Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
1.48
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
190 m
To
191 m
Hole Depth
198.8 m
Intercept Depth
190 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:190-191
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a moderate gold grade intercept within the broader mineralized zone at the new Megabe target.

Positive factors

  • Moderate gold grade within the broader mineralized zone at a new target.
  • True width estimate provided.

Evidence · table

“1.48”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 14Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
14
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
190 m
To
191 m
Hole Depth
198.8 m
Intercept Depth
190 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:190-191
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is low but contributes to the overall polymetallic nature of the intercept at the new Megabe target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Low silver grade.

Evidence · table

“14”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 1462Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
1462
Grade Unit
ppm
Intercept
1 m
True Width
0.3 m
From
190 m
To
191 m
Hole Depth
198.8 m
Intercept Depth
190 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:190-191
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a moderate copper grade intercept within the broader mineralized zone at the new Megabe target.

Positive factors

  • Moderate copper grade within the broader mineralized zone at a new target.
  • True width estimate provided.

Evidence · table

“1462”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 0.69Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
191 m
To
192 m
Hole Depth
198.8 m
Intercept Depth
191 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:191-192
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a low-grade gold intercept within the broader mineralized zone at the new Megabe target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Low gold grade for an epithermal deposit.

Evidence · table

“0.69”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 18Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
18
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
191 m
To
192 m
Hole Depth
198.8 m
Intercept Depth
191 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:191-192
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a moderate silver grade intercept within the broader mineralized zone at the new Megabe target.

Positive factors

  • Moderate silver grade within the broader mineralized zone at a new target.
  • True width estimate provided.

Evidence · table

“18”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 1371Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
1371
Grade Unit
ppm
Intercept
1 m
True Width
0.3 m
From
191 m
To
192 m
Hole Depth
198.8 m
Intercept Depth
191 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:191-192
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a moderate copper grade intercept within the broader mineralized zone at the new Megabe target.

Positive factors

  • Moderate copper grade within the broader mineralized zone at a new target.
  • True width estimate provided.

Evidence · table

“1371”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 1.03Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
192 m
To
193 m
Hole Depth
198.8 m
Intercept Depth
192 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:192-193
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a moderate gold grade intercept within the broader mineralized zone at the new Megabe target.

Positive factors

  • Moderate gold grade within the broader mineralized zone at a new target.
  • True width estimate provided.

Evidence · table

“1.03”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 14Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
14
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
192 m
To
193 m
Hole Depth
198.8 m
Intercept Depth
192 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:192-193
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is low but contributes to the overall polymetallic nature of the intercept at the new Megabe target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Low silver grade.

Evidence · table

“14”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 1347Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
1347
Grade Unit
ppm
Intercept
1 m
True Width
0.3 m
From
192 m
To
193 m
Hole Depth
198.8 m
Intercept Depth
192 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:192-193
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a moderate copper grade intercept within the broader mineralized zone at the new Megabe target.

Positive factors

  • Moderate copper grade within the broader mineralized zone at a new target.
  • True width estimate provided.

Evidence · table

“1347”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 0.17Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
0.17
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
193 m
To
194 m
Hole Depth
198.8 m
Intercept Depth
193 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:193-194
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a very low-grade gold intercept within the broader mineralized zone at the new Megabe target, indicating some dilution.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low gold grade.

Evidence · table

“0.17”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 7Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
7
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
193 m
To
194 m
Hole Depth
198.8 m
Intercept Depth
193 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:193-194
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low silver grade.

Evidence · table

“7”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 830Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
830
Grade Unit
ppm
Intercept
1 m
True Width
0.3 m
From
193 m
To
194 m
Hole Depth
198.8 m
Intercept Depth
193 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:193-194
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is low but contributes to the overall polymetallic nature of the intercept at the new Megabe target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Low copper grade.

Evidence · table

“830”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 5.47Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
5.47
Grade Unit
g/t
Intercept
0.4 m
True Width
0.12 m
From
194 m
To
194.4 m
Hole Depth
198.8 m
Intercept Depth
194 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:194-194.4
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a high-grade gold intercept, but its very narrow width reduces its overall materiality, though it is still positive for the new target.

Positive factors

  • High-grade gold intercept at a new target.
  • True width estimate provided.

Negative factors

  • Very narrow intercept length.

Evidence · table

“5.47”

Context: 0.4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.12

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 14Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
14
Grade Unit
g/t
Intercept
0.4 m
True Width
0.12 m
From
194 m
To
194.4 m
Hole Depth
198.8 m
Intercept Depth
194 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:194-194.4
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is low and the intercept is very narrow, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Low silver grade.
  • Very narrow intercept length.

Evidence · table

“14”

Context: 0.4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.12

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 0.5Grade Unit: ppmIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
0.5
Grade Unit
ppm
Intercept
0.4 m
True Width
0.12 m
From
194 m
To
194.4 m
Hole Depth
198.8 m
Intercept Depth
194 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:194-194.4
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is extremely low and the intercept is very narrow, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Extremely low copper grade.
  • Very narrow intercept length.

Evidence · table

“0.5”

Context: 0.4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.12

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 4.33Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
4.33
Grade Unit
g/t
Intercept
0.8 m
True Width
0.24 m
From
194.4 m
To
195.2 m
Hole Depth
198.8 m
Intercept Depth
194.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:194.4-195.2
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a high-grade gold intercept, but its narrow width reduces its overall materiality, though it is still positive for the new target.

Positive factors

  • High-grade gold intercept at a new target.
  • True width estimate provided.

Negative factors

  • Narrow intercept length.

Evidence · table

“4.33”

Context: 0.8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.24

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 15Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
15
Grade Unit
g/t
Intercept
0.8 m
True Width
0.24 m
From
194.4 m
To
195.2 m
Hole Depth
198.8 m
Intercept Depth
194.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:194.4-195.2
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is low and the intercept is narrow, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Low silver grade.
  • Narrow intercept length.

Evidence · table

“15”

Context: 0.8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.24

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 375Grade Unit: ppmIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
375
Grade Unit
ppm
Intercept
0.8 m
True Width
0.24 m
From
194.4 m
To
195.2 m
Hole Depth
198.8 m
Intercept Depth
194.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:194.4-195.2
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is low and the intercept is narrow, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Low copper grade.
  • Narrow intercept length.

Evidence · table

“375”

Context: 0.8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.24

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 3.58Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
3.58
Grade Unit
g/t
Intercept
0.8 m
True Width
0.24 m
From
195.2 m
To
196 m
Hole Depth
198.8 m
Intercept Depth
195.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:195.2-196
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a high-grade gold intercept, but its narrow width reduces its overall materiality, though it is still positive for the new target.

Positive factors

  • High-grade gold intercept at a new target.
  • True width estimate provided.

Negative factors

  • Narrow intercept length.

Evidence · table

“3.58”

Context: 0.8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.24

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 11Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
11
Grade Unit
g/t
Intercept
0.8 m
True Width
0.24 m
From
195.2 m
To
196 m
Hole Depth
198.8 m
Intercept Depth
195.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:195.2-196
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is low and the intercept is narrow, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Low silver grade.
  • Narrow intercept length.

Evidence · table

“11”

Context: 0.8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.24

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 641Grade Unit: ppmIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
641
Grade Unit
ppm
Intercept
0.8 m
True Width
0.24 m
From
195.2 m
To
196 m
Hole Depth
198.8 m
Intercept Depth
195.2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:195.2-196
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is low and the intercept is narrow, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Low copper grade.
  • Narrow intercept length.

Evidence · table

“641”

Context: 0.8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.24

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · goldGrade: 3.18Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
gold
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
3.18
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
196 m
To
197 m
Hole Depth
198.8 m
Intercept Depth
196 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:196-197
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: This is a high-grade gold intercept within the broader mineralized zone at the new Megabe target, contributing positively to the overall discovery.

Positive factors

  • High-grade gold intercept at a new target.
  • True width estimate provided.

Evidence · table

“3.18”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · silverGrade: 7Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
silver
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
7
Grade Unit
g/t
Intercept
1 m
True Width
0.3 m
From
196 m
To
197 m
Hole Depth
198.8 m
Intercept Depth
196 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:196-197
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The silver grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low silver grade.

Evidence · table

“7”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

ONED26-007s nearby Kora-Judd · copperGrade: 104Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-007
Project
s nearby Kora-Judd
Commodity
copper
Region
png
Reported Region
png
Ticker
SPMC

Geometry

Grade
104
Grade Unit
ppm
Intercept
1 m
True Width
0.3 m
From
196 m
To
197 m
Hole Depth
198.8 m
Intercept Depth
196 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-007:196-197
Mining Method
underground

Location

Location
Megabe
Easting
366147
Northing
9295620
Elevation
1824 m
Azimuth
325 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth, tellurium, arsenic, antimony

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The copper grade is very low and not material on its own, but it is part of the initial exploration at a new target.

Positive factors

  • Part of the first hole into a new target.
  • True width estimate provided.

Negative factors

  • Very low copper grade.

Evidence · table

“104”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.3

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

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Resource Estimates (3)

inferredKili Teke · goldContained Metal: 1.81Contained Unit: mozView all details
Link to this fact

Identity

Project
Kili Teke
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Resource scope

Estimate type
resource
Effective date
2022-11-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Darren Holden
Resource group id
resource:a3133cf81b73e3624cb7

Resource Data

Category
inferred
Contained Metal
1.81
Contained Unit
moz

Prior Estimate

Resource Date
2022-11-18

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The Kili Teke project has a substantial maiden Inferred Mineral Resource for gold, which is a positive for the company's portfolio. However, the resource is entirely Inferred and the effective date is somewhat stale, which reduces confidence and limits its immediate economic applicability.

Positive factors

  • Significant contained gold ounces in the maiden resource.
  • NI 43-101 compliant estimate with QP sign-off.

Negative factors

  • Resource is entirely Inferred, limiting its use for economic studies.
  • Effective date is over 2 years old, raising concerns about data currency.

Evidence · text

“NI 43-101 Inferred Mineral Resource of 4.2 Moz AuEq * (effective 18 November 2022), comprising 1.81 Moz Au”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

inferredKili Teke · copperContained Metal: 802Contained Unit: ktView all details
Link to this fact

Identity

Project
Kili Teke
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Resource scope

Estimate type
resource
Effective date
2022-11-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Darren Holden
Resource group id
resource:a3133cf81b73e3624cb7

Resource Data

Category
inferred
Contained Metal
802
Contained Unit
kt

Prior Estimate

Resource Date
2022-11-18

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The Kili Teke project has a substantial maiden Inferred Mineral Resource for copper, which is a positive for the company's portfolio. However, the resource is entirely Inferred and the effective date is somewhat stale, which reduces confidence and limits its immediate economic applicability.

Positive factors

  • Significant contained copper tonnes in the maiden resource.
  • NI 43-101 compliant estimate with QP sign-off.

Negative factors

  • Resource is entirely Inferred, limiting its use for economic studies.
  • Effective date is over 2 years old, raising concerns about data currency.

Evidence · text

“802 kt Cu”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

inferredKili Teke · molybdenumContained Metal: 40Contained Unit: ktView all details
Link to this fact

Identity

Project
Kili Teke
Commodity
molybdenum
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Resource scope

Estimate type
resource
Effective date
2022-11-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Darren Holden
Resource group id
resource:a3133cf81b73e3624cb7

Resource Data

Category
inferred
Contained Metal
40
Contained Unit
kt

Prior Estimate

Resource Date
2022-11-18

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-16T00:00:00.000Z

Reasoning: The Kili Teke project has a contained molybdenum component in its maiden Inferred Mineral Resource. While positive, the resource is entirely Inferred, the effective date is stale, and molybdenum is excluded from the AuEq calculation, which are all negative factors.

Positive factors

  • Contained molybdenum tonnes in the maiden resource.
  • NI 43-101 compliant estimate with QP sign-off.

Negative factors

  • Resource is entirely Inferred, limiting its use for economic studies.
  • Effective date is over 2 years old, raising concerns about data currency.
  • Molybdenum is not included in the Au-equivalent figure, potentially understating its value.

Evidence · text

“40 kt Mo”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

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

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.6 years before this release

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.