# Spartan Metals Identifies 537 Feet \(163.7 Meters\) 0.23% WO3Eq or 0.31% MoEq During Historic Drilling Validation at Its Victorio Tungsten-Molybdenum Project, New Mexico

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100

Original source: https://money.tmx.com/en/quote/W/news/5595267154075628/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h

Publisher: tmx

Original announcement: 2026-06-30T09:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Spartan Metals Corp.

- Ticker: W

- Exchange: TSX

- Region: New Mexico

- Primary commodity: Tungsten

- Secondary commodities: Molybdenum, Fluorspar

- Document categories: Drill results

- Extracted: 2026-09-15 06:39:52 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Spartan Metals Corp. announced the validation of historic drilling data at its Victorio Tungsten-Molybdenum Project in New Mexico, which will support an upcoming Preliminary Economic Assessment \(PEA\). The validation highlights long, continuous intercepts of tungsten-molybdenum mineralization, with many previously excluded holes suggesting significant upside potential. While the data is historical and not independently verified by Spartan, the company believes it reinforces the project's strategic importance within the U.S. critical minerals sector.

Reasoning: The document validates historic drill results for the Victorio Tungsten-Molybdenum Project, highlighting significant intercepts and upside potential for an upcoming PEA, but the data is historical and not NI 43-101 compliant.

- Positive factor: Validation of historic drilling data supports upcoming PEA

- Positive factor: Identification of long continuous tungsten-molybdenum mineralization

- Positive factor: Many previously excluded holes suggest significant upside potential

- Positive factor: Project compares favorably to large underground molybdenum systems like Henderson Mine

- Positive factor: Technical information approved by Qualified Person

- Negative factor: Drill results are historical and not independently verified by Spartan Metals

- Negative factor: True widths of intercepts are not yet known

- Negative factor: Historical information is not supported by a current NI 43-101 compliant technical report

- Negative factor: No assurance that similar mining or economic outcomes will be achieved

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

Facts used in scoring: 31

## Classification and evidence

**Apparent Width Only**

Polarity: negative

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

Why it applies: The table caption explicitly states 'Interval widths are reported as drilled, true widths are not yet known.'

Evidence · text

> Interval widths are reported as drilled, true widths are not yet known.

**Stale Data Re-release**

Polarity: negative

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

Why it applies: The document is titled 'Historic Drilling Validation' and refers to 'Historic Core Drill Holes' and '2008 historic economic analysis' and '2012 historic mineral resource estimate'.

Evidence · text

> Historic Drilling Validation

**Metal Equivalent Opaque**

Polarity: negative

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

Why it applies: The document provides the price and recovery assumptions used for the MoEq and WO3Eq calculations.

Evidence · text

> WO3\_Eq% calculation using $1,000/metric ton unit \(mtu\) for WO3 and $23.2/lb Mo with 75% and 75% recoveries \(3\) , respectively.

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: The table title explicitly states 'utilizing 0.15% MoEq% cutoff'.

Evidence · table

> 0.15% MoEq%

Context: Table 1: Selected Historic Core Drill Holes Validated during PEA analysis utilizing 0.15% MoEq% cutoff.

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: The technical information has been prepared under the supervision of, and approved by Brett R. Marsh, CPG, a 'qualified person' as defined under NI 43-101.

Evidence · text

> The technical information contained in this news release has been prepared under the supervision of, and approved by Brett R. Marsh, CPG. Mr. Marsh is President and CEO of Spartan Metals Corp. and a "qualified person" as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects .

**NI 43-101 Compliant**

Polarity: negative

Story-specific tag

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

Why it applies: The company cautions that the historical information is not supported by a current NI 43-101 compliant technical report and should not be relied upon as current mineral resources or reserves.

Evidence · text

> The Company cautions that production, tonnage, grade and recovery information relating to the historic Victorio Project mineral resources and economic assessments are considered "historical" in nature and are not supported by a current NI 43-101 compliant technical report.

**Nearology Play**

Polarity: neutral

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

Why it applies: The document states that Victorio compares favorably with Freeport-McMoRan's Henderson mine, a large underground molybdenum system.

Evidence · text

> Victorio compares favourably, from a geological perspective, with large underground molybdenum systems such as Freeport-McMoRan's Henderson mine

## Extracted facts

Stored fact records: 31. Some facts used in scoring do not have a stored record.

## Drill Results (31)

### GVM-A3

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-0)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-A3
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.44
- Grade Unit: %
- Intercept: 27.4 m
- From: 545.6 m
- To: 573 m
- Intercept Depth: 545.6 m

#### Classification

- Sample Type: drill
- Group ID: GVM-A3:545.6-573
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.35
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.44 % MoEq weak grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.44

Context: 27.4

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-A3

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-1)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-A3
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.33
- Grade Unit: %
- Intercept: 33.5 m
- From: 579.1 m
- To: 612.6 m
- Intercept Depth: 579.1 m

#### Classification

- Sample Type: drill
- Group ID: GVM-A3:579.1-612.6
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.25
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.33 % MoEq weak grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.33

Context: 33.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-A3

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-2)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-A3
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.54
- Grade Unit: %
- Intercept: 12.2 m
- From: 597.4 m
- To: 609.6 m
- Intercept Depth: 597.4 m

#### Classification

- Sample Type: drill
- Group ID: GVM-A3:597.4-609.6
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.46
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.54 % MoEq moderate grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.54

Context: 12.2

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-52

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-3)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-52
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.34
- Grade Unit: %
- Intercept: 91.1 m
- From: 446.5 m
- To: 537.6 m
- Intercept Depth: 446.5 m

#### Classification

- Sample Type: drill
- Group ID: GVM-52:446.5-537.6
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.25
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.34 % MoEq weak grade and long intercept length, but true width is not known.

- Positive factor: Long intercept length

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.34

Context: 91.1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-52

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-4)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-52
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 1.09
- Grade Unit: %
- Intercept: 6.1 m
- From: 489.2 m
- To: 495.3 m
- Intercept Depth: 489.2 m

#### Classification

- Sample Type: drill
- Group ID: GVM-52:489.2-495.3
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.77
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 1.09 % MoEq strong grade, but true width is not known.

- Positive factor: Strong grade intercept

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 1.09

Context: 6.1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-52

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-5)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-52
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 1.91
- Grade Unit: %
- Intercept: 1.5 m
- From: 492.2 m
- To: 493.8 m
- Intercept Depth: 492.2 m

#### Classification

- Sample Type: drill
- Group ID: GVM-52:492.2-493.8
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 1.34
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 1.91 % MoEq exceptional grade, but true width is not known.

- Positive factor: Exceptional grade intercept

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 1.91

Context: 1.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-52

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-6)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-52
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.37
- Grade Unit: %
- Intercept: 18.3 m
- From: 512 m
- To: 530.3 m
- Intercept Depth: 512 m

#### Classification

- Sample Type: drill
- Group ID: GVM-52:512-530.3
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.29
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.37 % MoEq weak grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.37

Context: 18.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-42

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-7)

Victorio · tungsten

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-42
- Project: Victorio
- Commodity: tungsten
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.39
- Grade Unit: %
- Intercept: 15.2 m
- From: 121.9 m
- To: 137.2 m
- Intercept Depth: 121.9 m

#### Classification

- Sample Type: drill
- Group ID: GVM-42:121.9-137.2
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.43
- Metal Eq. Unit: % MoEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.39 % WO3Eq weak grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.39

Context: 15.2

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-42

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-8)

Victorio · tungsten

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-42
- Project: Victorio
- Commodity: tungsten
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.75
- Grade Unit: %
- Intercept: 3 m
- From: 125 m
- To: 128 m
- Intercept Depth: 125 m

#### Classification

- Sample Type: drill
- Group ID: GVM-42:125-128
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.83
- Metal Eq. Unit: % MoEq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.75 % WO3Eq strong grade, but true width is not known.

- Positive factor: Strong grade intercept

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.75

Context: 3.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-42

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-9)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-42
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.2
- Grade Unit: %
- Intercept: 61 m
- From: 411.5 m
- To: 472.4 m
- Intercept Depth: 411.5 m

#### Classification

- Sample Type: drill
- Group ID: GVM-42:411.5-472.4
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.16
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.20 % MoEq weak grade and long intercept length, but true width is not known.

- Positive factor: Long intercept length

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.20

Context: 61.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-16

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-10)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-16
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.31
- Grade Unit: %
- Intercept: 163.7 m
- From: 436.8 m
- To: 600.4 m
- Intercept Depth: 436.8 m

#### Classification

- Sample Type: drill
- Group ID: GVM-16:436.8-600.4
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.23
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.31 % MoEq weak grade and very long intercept length, but true width is not known.

- Positive factor: Long intercept length

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.31

Context: 163.7

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-16

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-11)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-16
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.56
- Grade Unit: %
- Intercept: 11.3 m
- From: 436.8 m
- To: 448 m
- Intercept Depth: 436.8 m

#### Classification

- Sample Type: drill
- Group ID: GVM-16:436.8-448
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.38
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.56 % MoEq moderate grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.56

Context: 11.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-16

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-12)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-16
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.56
- Grade Unit: %
- Intercept: 15.2 m
- From: 509 m
- To: 524.2 m
- Intercept Depth: 509 m

#### Classification

- Sample Type: drill
- Group ID: GVM-16:509-524.2
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.48
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.56 % MoEq moderate grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.56

Context: 15.2

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-16

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-13)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-16
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 1
- Grade Unit: %
- Intercept: 3 m
- From: 512 m
- To: 515.1 m
- Intercept Depth: 512 m

#### Classification

- Sample Type: drill
- Group ID: GVM-16:512-515.1
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.88
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 1.00 % MoEq strong grade, but true width is not known.

- Positive factor: Strong grade intercept

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 1.00

Context: 3.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-14)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-15
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.31
- Grade Unit: %
- Intercept: 91.4 m
- From: 472.4 m
- To: 563.9 m
- Intercept Depth: 472.4 m

#### Classification

- Sample Type: drill
- Group ID: GVM-15:472.4-563.9
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.22
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.31 % MoEq weak grade and long intercept length, but true width is not known.

- Positive factor: Long intercept length

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.31

Context: 91.4

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-15)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-15
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.62
- Grade Unit: %
- Intercept: 18.3 m
- From: 496.8 m
- To: 515.1 m
- Intercept Depth: 496.8 m

#### Classification

- Sample Type: drill
- Group ID: GVM-15:496.8-515.1
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.44
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.62 % MoEq moderate grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.62

Context: 18.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GVM-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-16)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GVM-15
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 1.15
- Grade Unit: %
- Intercept: 3 m
- From: 499.8 m
- To: 502.9 m
- Intercept Depth: 499.8 m

#### Classification

- Sample Type: drill
- Group ID: GVM-15:499.8-502.9
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.88
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 1.15 % MoEq strong grade, but true width is not known.

- Positive factor: Strong grade intercept

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 1.15

Context: 3.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-84\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-17)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-84\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.33
- Grade Unit: %
- Intercept: 56.4 m
- From: 524.2 m
- To: 580.6 m
- Intercept Depth: 524.2 m

#### Classification

- Sample Type: drill
- Group ID: GRV-84\*:524.2-580.6
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.26
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.33 % MoEq weak grade and long intercept length, but true width is not known.

- Positive factor: Long intercept length

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.33

Context: 56.4

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-84\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-18)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-84\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.51
- Grade Unit: %
- Intercept: 3 m
- From: 531.9 m
- To: 534.9 m
- Intercept Depth: 531.9 m

#### Classification

- Sample Type: drill
- Group ID: GRV-84\*:531.9-534.9
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.41
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.51 % MoEq moderate grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.51

Context: 3.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-84\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-19)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-84\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.45
- Grade Unit: %
- Intercept: 21.3 m
- From: 551.7 m
- To: 573 m
- Intercept Depth: 551.7 m

#### Classification

- Sample Type: drill
- Group ID: GRV-84\*:551.7-573
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.36
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.45 % MoEq weak grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.45

Context: 21.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-84\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-20)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-84\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.61
- Grade Unit: %
- Intercept: 6.1 m
- From: 566.9 m
- To: 573 m
- Intercept Depth: 566.9 m

#### Classification

- Sample Type: drill
- Group ID: GRV-84\*:566.9-573
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.5
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.61 % MoEq moderate grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.61

Context: 6.1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-81\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-21)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-81\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.29
- Grade Unit: %
- Intercept: 61 m
- From: 521.2 m
- To: 582.1 m
- Intercept Depth: 521.2 m

#### Classification

- Sample Type: drill
- Group ID: GRV-81\*:521.2-582.1
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.21
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.29 % MoEq weak grade and long intercept length, but true width is not known.

- Positive factor: Long intercept length

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.29

Context: 61.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-81\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-22)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-81\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.7
- Grade Unit: %
- Intercept: 12.2 m
- From: 531.9 m
- To: 544 m
- Intercept Depth: 531.9 m

#### Classification

- Sample Type: drill
- Group ID: GRV-81\*:531.9-544
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.53
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.70 % MoEq moderate grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.70

Context: 12.2

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-76\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-23)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-76\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.38
- Grade Unit: %
- Intercept: 56.4 m
- From: 505.9 m
- To: 562.3 m
- Intercept Depth: 505.9 m

#### Classification

- Sample Type: drill
- Group ID: GRV-76\*:505.9-562.3
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.28
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.38 % MoEq weak grade and long intercept length, but true width is not known.

- Positive factor: Long intercept length

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.38

Context: 56.4

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-76\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-24)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-76\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 1.52
- Grade Unit: %
- Intercept: 1.5 m
- From: 510.5 m
- To: 512 m
- Intercept Depth: 510.5 m

#### Classification

- Sample Type: drill
- Group ID: GRV-76\*:510.5-512
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 1.28
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 1.52 % MoEq exceptional grade, but true width is not known.

- Positive factor: Exceptional grade intercept

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 1.52

Context: 1.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-76\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-25)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-76\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.72
- Grade Unit: %
- Intercept: 7.6 m
- From: 516.6 m
- To: 524.2 m
- Intercept Depth: 516.6 m

#### Classification

- Sample Type: drill
- Group ID: GRV-76\*:516.6-524.2
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.56
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.72 % MoEq moderate grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.72

Context: 7.6

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-76\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-26)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-76\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 1.03
- Grade Unit: %
- Intercept: 1.5 m
- From: 522.7 m
- To: 524.2 m
- Intercept Depth: 522.7 m

#### Classification

- Sample Type: drill
- Group ID: GRV-76\*:522.7-524.2
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.86
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 1.03 % MoEq strong grade, but true width is not known.

- Positive factor: Strong grade intercept

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 1.03

Context: 1.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-72\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-27)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-72\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.35
- Grade Unit: %
- Intercept: 68.6 m
- From: 452.6 m
- To: 521.2 m
- Intercept Depth: 452.6 m

#### Classification

- Sample Type: drill
- Group ID: GRV-72\*:452.6-521.2
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.25
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.35 % MoEq weak grade and long intercept length, but true width is not known.

- Positive factor: Long intercept length

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.35

Context: 68.6

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-72\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-28)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-72\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.57
- Grade Unit: %
- Intercept: 6.1 m
- From: 460.2 m
- To: 466.3 m
- Intercept Depth: 460.2 m

#### Classification

- Sample Type: drill
- Group ID: GRV-72\*:460.2-466.3
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.45
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.57 % MoEq moderate grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.57

Context: 6.1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-72\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-29)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-72\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.61
- Grade Unit: %
- Intercept: 7.6 m
- From: 495.3 m
- To: 502.9 m
- Intercept Depth: 495.3 m

#### Classification

- Sample Type: drill
- Group ID: GRV-72\*:495.3-502.9
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.45
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.61 % MoEq moderate grade, but true width is not known.

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.61

Context: 7.6

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### GRV-72\*

[Link to this fact](https://atlas-extractions.minestarters.com/news/spartan-metals-identifies-537-feet-163-7-meters-0-23-wo3eq-or-0-31-moeq-during-h--e5a24057-a738-4e8a-9317-3c2af874a100#fact-drill-facts-30)

Victorio · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GRV-72\*
- Project: Victorio
- Commodity: molybdenum
- Region: mexico
- Reported Region: mexico
- Ticker: W

#### Geometry

- Grade: 0.88
- Grade Unit: %
- Intercept: 1.5 m
- From: 496.8 m
- To: 498.3 m
- Intercept Depth: 496.8 m

#### Classification

- Sample Type: drill
- Group ID: GRV-72\*:496.8-498.3
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.72
- Metal Eq. Unit: % WO3Eq
- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: % MoEq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-06-30T00:00:00.000Z

Reasoning: Historical intercept with 0.88 % MoEq strong grade, but true width is not known.

- Positive factor: Strong grade intercept

- Negative factor: Historical data, not independently verified

- Negative factor: True width not known

Evidence · table

> 0.88

Context: 1.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior 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.