# Updated: Mithril Silver and Gold June 2026 Quarterly Report Upgraded T1 MRE and District Expansion Drill Program Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb Original source: https://money.tmx.com/en/quote/MSG/news/6103154519848139/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d Publisher: tmx Original announcement: 2026-07-31T15:45:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Mithril Silver and Gold Limited - Ticker: MSG - Exchange: TSX - Region: Durango State, Mexico - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Drill results, Resource update, Other - Extracted: 2026-09-18 10:39:42 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Mithril Silver and Gold Limited announced an updated Mineral Resource Estimate for its Copalquin Target 1 project in Mexico, showing a 196% increase in indicated gold and silver resources. The MRE now totals 343 koz gold and 8.479 Moz silver \(464 koz AuEq\) in the indicated category, and 103 koz gold and 3.398 Moz silver \(151 koz AuEq\) in the inferred category, constrained by preliminary underground mining shapes. The company also reported high-grade drill results from ongoing exploration at Targets 3 and 5, with notable intercepts including 33.2 g/t gold over 0.5m and 15.25 g/t gold over 0.5m. The company is fully funded for its remaining 2026 drill program. Reasoning: The company reported a substantial upgrade to its Target 1 Mineral Resource Estimate, significantly increasing indicated gold and silver resources, alongside high-grade drill results from ongoing exploration at Targets 3 and 5. The MRE incorporates mining shapes for improved realism, and the company is funded for its current drill program, despite a short funding runway. - Positive factor: Significant MRE upgrade with 196% increase in indicated resources - Positive factor: High-grade drill intercepts from expansion drilling - Positive factor: Resource constrained by preliminary underground mining shapes, providing a more realistic basis for future studies - Positive factor: Project remains open along strike and at depth with multiple expansion opportunities - Positive factor: Fully funded for remaining 2026 drill program - Negative factor: Estimated quarters of funding available is less than 2 quarters, indicating potential near-term financing needs Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 194 ## Classification and evidence **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: A current resource fact retains the disclosed cut-off grade ## Extracted facts Stored fact records: 194. Some facts used in scoring do not have a stored record. ## Drill Results (192) ### MA26-001\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-2) Copalquin · gold #### Identity - Hole ID: MA26-001\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 6.2 - Grade Unit: g/t - Intercept: 0.85 m - From: 122.8 m - To: 123.65 m - Intercept Depth: 122.8 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: MA26-001\*:122.8-123.65 - Mining Method: underground #### Location - Location: Target 5 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 17.11 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: High-grade gold intercept of 6.20 g/t over 0.85m, contributing to the expansion of known mineralization at Target 5. - Positive factor: High-grade gold intercept - Positive factor: Bonanza Intercept - Positive factor: Step-Out Extension Evidence · table > 6.20 Context: 0.85 #### Tags used in scoring **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 6.20 g/t gold is well above the exceptional threshold for epithermal gold \(5 g/t\). Evidence · table > 6.20 Context: 0.85 **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling at Target 5 has expanded the known gold-silver mineralisation with high grades intercepted at the La Maquina area. Evidence · text > Drilling at Target 5 has expanded the known gold-silver mineralisation with high grades intercepted at the La Maquina area **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MA26-001\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-3) Copalquin · silver #### Identity - Hole ID: MA26-001\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 764 - Grade Unit: g/t - Intercept: 0.85 m - From: 122.8 m - To: 123.65 m - Intercept Depth: 122.8 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: MA26-001\*:122.8-123.65 - Mining Method: underground #### Location - Location: Target 5 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 17.11 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: High-grade silver intercept of 764.0 g/t over 0.85m, contributing to the expansion of known mineralization at Target 5. - Positive factor: High-grade silver intercept - Positive factor: Bonanza Intercept - Positive factor: Step-Out Extension Evidence · table > 764.0 Context: 0.85 #### Tags used in scoring **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 764.0 g/t silver is well above the exceptional threshold for epithermal silver \(500 g/t\). Evidence · table > 764.0 Context: 0.85 **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling at Target 5 has expanded the known gold-silver mineralisation with high grades intercepted at the La Maquina area. Evidence · text > Drilling at Target 5 has expanded the known gold-silver mineralisation with high grades intercepted at the La Maquina area **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MA26-001\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-4) Copalquin · gold #### Identity - Hole ID: MA26-001\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.16 - Grade Unit: g/t - Intercept: 0.75 m - From: 169.45 m - To: 170.2 m - Intercept Depth: 169.45 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: MA26-001\*:169.45-170.2 - Mining Method: underground #### Location - Location: Target 5 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.42 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept, contributing to the expansion of known mineralization at Target 5. - Positive factor: Step-Out Extension Evidence · table > 1.16 Context: 0.75 #### Tags used in scoring **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling at Target 5 has expanded the known gold-silver mineralisation with high grades intercepted at the La Maquina area. Evidence · text > Drilling at Target 5 has expanded the known gold-silver mineralisation with high grades intercepted at the La Maquina area **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MA26-001\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-5) Copalquin · silver #### Identity - Hole ID: MA26-001\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 18.1 - Grade Unit: g/t - Intercept: 0.75 m - From: 169.45 m - To: 170.2 m - Intercept Depth: 169.45 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: MA26-001\*:169.45-170.2 - Mining Method: underground #### Location - Location: Target 5 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.42 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept, contributing to the expansion of known mineralization at Target 5. - Positive factor: Step-Out Extension Evidence · table > 18.1 Context: 0.75 #### Tags used in scoring **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling at Target 5 has expanded the known gold-silver mineralisation with high grades intercepted at the La Maquina area. Evidence · text > Drilling at Target 5 has expanded the known gold-silver mineralisation with high grades intercepted at the La Maquina area **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-6) Copalquin · gold #### Identity - Hole ID: JA26-002 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.14 - Grade Unit: g/t - Intercept: 0.6 m - From: 29.35 m - To: 29.95 m - Intercept Depth: 29.35 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-002:29.35-29.95 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.14 Context: 0.60 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-7) Copalquin · silver #### Identity - Hole ID: JA26-002 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 10.9 - Grade Unit: g/t - Intercept: 0.6 m - From: 29.35 m - To: 29.95 m - Intercept Depth: 29.35 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-002:29.35-29.95 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 10.9 Context: 0.60 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-8) Copalquin · gold #### Identity - Hole ID: JA26-002 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.16 - Grade Unit: g/t - Intercept: 1 m - From: 35 m - To: 36 m - Intercept Depth: 35 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-002:35-36 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.26 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.16 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-9) Copalquin · silver #### Identity - Hole ID: JA26-002 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 7.6 - Grade Unit: g/t - Intercept: 1 m - From: 35 m - To: 36 m - Intercept Depth: 35 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-002:35-36 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.26 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 7.6 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-10) Copalquin · gold #### Identity - Hole ID: JA26-002 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.95 - Grade Unit: g/t - Intercept: 0.5 m - From: 36 m - To: 36.5 m - Intercept Depth: 36 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-002:36-36.5 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.67 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept, part of initial drilling at Target 3. Evidence · table > 0.95 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-11) Copalquin · silver #### Identity - Hole ID: JA26-002 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 120 - Grade Unit: g/t - Intercept: 0.5 m - From: 36 m - To: 36.5 m - Intercept Depth: 36 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-002:36-36.5 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.67 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept, part of initial drilling at Target 3. Evidence · table > 120.0 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-12) Copalquin · gold #### Identity - Hole ID: JA26-002 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.33 - Grade Unit: g/t - Intercept: 1.35 m - From: 92 m - To: 93.35 m - Intercept Depth: 92 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-002:92-93.35 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.34 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.33 Context: 1.35 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-13) Copalquin · silver #### Identity - Hole ID: JA26-002 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.5 - Grade Unit: g/t - Intercept: 1.35 m - From: 92 m - To: 93.35 m - Intercept Depth: 92 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-002:92-93.35 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.34 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 0.5 Context: 1.35 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-002\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-14) Copalquin · gold #### Identity - Hole ID: JA26-002\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 2.79 - Grade Unit: g/t - Intercept: 0.9 m - From: 155.45 m - To: 156.35 m - Intercept Depth: 155.45 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-002\*:155.45-156.35 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 4.95 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong gold intercept, part of initial drilling at Target 3. Evidence · table > 2.79 Context: 0.90 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-002\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-15) Copalquin · silver #### Identity - Hole ID: JA26-002\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 151 - Grade Unit: g/t - Intercept: 0.9 m - From: 155.45 m - To: 156.35 m - Intercept Depth: 155.45 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-002\*:155.45-156.35 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 4.95 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong silver intercept, part of initial drilling at Target 3. Evidence · table > 151.0 Context: 0.90 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-16) Copalquin · gold #### Identity - Hole ID: JA26-003 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.23 - Grade Unit: g/t - Intercept: 1 m - From: 57.45 m - To: 58.45 m - Intercept Depth: 57.45 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-003:57.45-58.45 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.25 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.23 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-17) Copalquin · silver #### Identity - Hole ID: JA26-003 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.2 - Grade Unit: g/t - Intercept: 1 m - From: 57.45 m - To: 58.45 m - Intercept Depth: 57.45 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-003:57.45-58.45 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.25 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 1.2 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-18) Copalquin · gold #### Identity - Hole ID: JA26-003 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.26 - Grade Unit: g/t - Intercept: 0.85 m - From: 69.65 m - To: 70.5 m - Intercept Depth: 69.65 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-003:69.65-70.5 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.33 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.26 Context: 0.85 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-19) Copalquin · silver #### Identity - Hole ID: JA26-003 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 5.2 - Grade Unit: g/t - Intercept: 0.85 m - From: 69.65 m - To: 70.5 m - Intercept Depth: 69.65 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-003:69.65-70.5 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.33 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 5.2 Context: 0.85 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-20) Copalquin · gold #### Identity - Hole ID: JA26-004 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.38 - Grade Unit: g/t - Intercept: 1.5 m - From: 27.95 m - To: 29.45 m - Intercept Depth: 27.95 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-004:27.95-29.45 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.42 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.38 Context: 1.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-21) Copalquin · silver #### Identity - Hole ID: JA26-004 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 3.3 - Grade Unit: g/t - Intercept: 1.5 m - From: 27.95 m - To: 29.45 m - Intercept Depth: 27.95 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-004:27.95-29.45 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.42 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 3.3 Context: 1.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-22) Copalquin · gold #### Identity - Hole ID: JA26-004 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.12 - Grade Unit: g/t - Intercept: 2.1 m - From: 34.7 m - To: 36.8 m - Intercept Depth: 34.7 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-004:34.7-36.8 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.38 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.12 Context: 2.1 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-23) Copalquin · silver #### Identity - Hole ID: JA26-004 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 18.4 - Grade Unit: g/t - Intercept: 2.1 m - From: 34.7 m - To: 36.8 m - Intercept Depth: 34.7 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-004:34.7-36.8 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.38 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 18.4 Context: 2.1 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-004\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-24) Copalquin · gold #### Identity - Hole ID: JA26-004\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 6.91 - Grade Unit: g/t - Intercept: 0.5 m - From: 102.5 m - To: 103 m - Intercept Depth: 102.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-004\*:102.5-103 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 13.7 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: High-grade gold intercept of 6.91 g/t over 0.5m, part of initial drilling at Target 3. - Positive factor: High-grade gold intercept - Positive factor: Bonanza Intercept Evidence · table > 6.91 Context: 0.50 #### Tags used in scoring **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 6.91 g/t gold is well above the exceptional threshold for epithermal gold \(5 g/t\). Evidence · table > 6.91 Context: 0.50 **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-004\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-25) Copalquin · silver #### Identity - Hole ID: JA26-004\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 475 - Grade Unit: g/t - Intercept: 0.5 m - From: 102.5 m - To: 103 m - Intercept Depth: 102.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-004\*:102.5-103 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 13.7 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong silver intercept, part of initial drilling at Target 3. Evidence · table > 475.0 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-006\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-26) Copalquin · gold #### Identity - Hole ID: JA26-006\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.12 - Grade Unit: g/t - Intercept: 0.65 m - From: 54.5 m - To: 55.15 m - Intercept Depth: 54.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-006\*:54.5-55.15 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.37 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept, part of initial drilling at Target 3. Evidence · table > 1.12 Context: 0.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### JA26-006\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-27) Copalquin · silver #### Identity - Hole ID: JA26-006\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 17.8 - Grade Unit: g/t - Intercept: 0.65 m - From: 54.5 m - To: 55.15 m - Intercept Depth: 54.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: JA26-006\*:54.5-55.15 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.37 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept, part of initial drilling at Target 3. Evidence · table > 17.8 Context: 0.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-28) Copalquin · gold #### Identity - Hole ID: GU26-001 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.27 - Grade Unit: g/t - Intercept: 1 m - From: 6.7 m - To: 7.7 m - Intercept Depth: 6.7 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-001:6.7-7.7 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.29 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.27 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-29) Copalquin · silver #### Identity - Hole ID: GU26-001 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.2 - Grade Unit: g/t - Intercept: 1 m - From: 6.7 m - To: 7.7 m - Intercept Depth: 6.7 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-001:6.7-7.7 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.29 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 1.2 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-30) Copalquin · gold #### Identity - Hole ID: GU26-001 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.16 - Grade Unit: g/t - Intercept: 1 m - From: 25.7 m - To: 26.7 m - Intercept Depth: 25.7 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-001:25.7-26.7 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.4 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.16 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-31) Copalquin · silver #### Identity - Hole ID: GU26-001 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 17 - Grade Unit: g/t - Intercept: 1 m - From: 25.7 m - To: 26.7 m - Intercept Depth: 25.7 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-001:25.7-26.7 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.4 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 17.0 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-32) Copalquin · gold #### Identity - Hole ID: GU26-001 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.02 - Grade Unit: g/t - Intercept: 0.7 m - From: 74.3 m - To: 75 m - Intercept Depth: 74.3 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-001:74.3-75 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept, part of initial drilling at Target 3. Evidence · table > 1.02 Context: 0.70 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-33) Copalquin · silver #### Identity - Hole ID: GU26-001 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 68.4 - Grade Unit: g/t - Intercept: 0.7 m - From: 74.3 m - To: 75 m - Intercept Depth: 74.3 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-001:74.3-75 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept, part of initial drilling at Target 3. Evidence · table > 68.4 Context: 0.70 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-34) Copalquin · gold #### Identity - Hole ID: GU26-001 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.5 - Grade Unit: g/t - Intercept: 0.5 m - From: 79.5 m - To: 80 m - Intercept Depth: 79.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-001:79.5-80 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.52 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak gold intercept, part of initial drilling at Target 3. Evidence · table > 0.50 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-35) Copalquin · silver #### Identity - Hole ID: GU26-001 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.5 - Grade Unit: g/t - Intercept: 0.5 m - From: 79.5 m - To: 80 m - Intercept Depth: 79.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-001:79.5-80 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.52 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept, part of initial drilling at Target 3. Evidence · table > 1.5 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-002\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-36) Copalquin · gold #### Identity - Hole ID: GU26-002\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 33.2 - Grade Unit: g/t - Intercept: 0.5 m - From: 134.95 m - To: 135.45 m - Intercept Depth: 134.95 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-002\*:134.95-135.45 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 33.28 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Exceptional high-grade gold intercept of 33.20 g/t over 0.5m, part of initial drilling at Target 3. - Positive factor: Exceptional high-grade gold intercept - Positive factor: Bonanza Intercept Evidence · table > 33.20 Context: 0.50 #### Tags used in scoring **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 33.20 g/t gold is well above the exceptional threshold for epithermal gold \(5 g/t\). Evidence · table > 33.20 Context: 0.50 **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-002\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-37) Copalquin · silver #### Identity - Hole ID: GU26-002\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 5.9 - Grade Unit: g/t - Intercept: 0.5 m - From: 134.95 m - To: 135.45 m - Intercept Depth: 134.95 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-002\*:134.95-135.45 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 33.28 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept alongside exceptional gold, part of initial drilling at Target 3. Evidence · table > 5.9 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-38) Copalquin · gold #### Identity - Hole ID: GU26-003 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.69 - Grade Unit: g/t - Intercept: 1 m - From: 19.2 m - To: 20.2 m - Intercept Depth: 19.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-003:19.2-20.2 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.7 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak gold intercept, part of initial drilling at Target 3. Evidence · table > 0.69 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-39) Copalquin · silver #### Identity - Hole ID: GU26-003 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.9 - Grade Unit: g/t - Intercept: 1 m - From: 19.2 m - To: 20.2 m - Intercept Depth: 19.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-003:19.2-20.2 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.7 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept, part of initial drilling at Target 3. Evidence · table > 0.9 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-40) Copalquin · gold #### Identity - Hole ID: GU26-003 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.29 - Grade Unit: g/t - Intercept: 1 m - From: 20.2 m - To: 21.2 m - Intercept Depth: 20.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-003:20.2-21.2 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.32 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.29 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-41) Copalquin · silver #### Identity - Hole ID: GU26-003 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 2.1 - Grade Unit: g/t - Intercept: 1 m - From: 20.2 m - To: 21.2 m - Intercept Depth: 20.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-003:20.2-21.2 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.32 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 2.1 Context: 1.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-42) Copalquin · gold #### Identity - Hole ID: GU26-003 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.49 - Grade Unit: g/t - Intercept: 2 m - From: 19.2 m - To: 21.2 m - Intercept Depth: 19.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-003:19.2-21.2 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.51 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak gold intercept, part of initial drilling at Target 3. Evidence · table > 0.49 Context: 2.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-43) Copalquin · silver #### Identity - Hole ID: GU26-003 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.5 - Grade Unit: g/t - Intercept: 2 m - From: 19.2 m - To: 21.2 m - Intercept Depth: 19.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-003:19.2-21.2 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.51 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept, part of initial drilling at Target 3. Evidence · table > 1.5 Context: 2.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-003\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-44) Copalquin · gold #### Identity - Hole ID: GU26-003\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.76 - Grade Unit: g/t - Intercept: 0.5 m - From: 68.65 m - To: 69.15 m - Intercept Depth: 68.65 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-003\*:68.65-69.15 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.16 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak gold intercept, part of initial drilling at Target 3. Evidence · table > 0.76 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-003\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-45) Copalquin · silver #### Identity - Hole ID: GU26-003\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 27.7 - Grade Unit: g/t - Intercept: 0.5 m - From: 68.65 m - To: 69.15 m - Intercept Depth: 68.65 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-003\*:68.65-69.15 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.16 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept, part of initial drilling at Target 3. Evidence · table > 27.7 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-46) Copalquin · gold #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.28 - Grade Unit: g/t - Intercept: 0.5 m - From: 11.1 m - To: 11.6 m - Intercept Depth: 11.1 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:11.1-11.6 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.28 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-47) Copalquin · silver #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.2 - Grade Unit: g/t - Intercept: 0.5 m - From: 11.1 m - To: 11.6 m - Intercept Depth: 11.1 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:11.1-11.6 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 1.2 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-48) Copalquin · gold #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.41 - Grade Unit: g/t - Intercept: 1.75 m - From: 31.75 m - To: 33.5 m - Intercept Depth: 31.75 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:31.75-33.5 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.41 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.41 Context: 1.75 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-49) Copalquin · silver #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.3 - Grade Unit: g/t - Intercept: 1.75 m - From: 31.75 m - To: 33.5 m - Intercept Depth: 31.75 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:31.75-33.5 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.41 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 0.3 Context: 1.75 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-50) Copalquin · gold #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.37 - Grade Unit: g/t - Intercept: 0.5 m - From: 33.5 m - To: 34 m - Intercept Depth: 33.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:33.5-34 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.38 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.37 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-51) Copalquin · silver #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.9 - Grade Unit: g/t - Intercept: 0.5 m - From: 33.5 m - To: 34 m - Intercept Depth: 33.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:33.5-34 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.38 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 0.9 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-52) Copalquin · gold #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.8 - Grade Unit: g/t - Intercept: 0.5 m - From: 62.3 m - To: 62.8 m - Intercept Depth: 62.3 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:62.3-62.8 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.81 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak gold intercept, part of initial drilling at Target 3. Evidence · table > 0.80 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-53) Copalquin · silver #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.7 - Grade Unit: g/t - Intercept: 0.5 m - From: 62.3 m - To: 62.8 m - Intercept Depth: 62.3 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:62.3-62.8 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.81 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept, part of initial drilling at Target 3. Evidence · table > 0.7 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-54) Copalquin · gold #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.2 - Grade Unit: g/t - Intercept: 0.65 m - From: 67.35 m - To: 68 m - Intercept Depth: 67.35 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:67.35-68 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.20 Context: 0.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-55) Copalquin · silver #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 6.7 - Grade Unit: g/t - Intercept: 0.65 m - From: 67.35 m - To: 68 m - Intercept Depth: 67.35 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:67.35-68 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 6.7 Context: 0.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-56) Copalquin · gold #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.54 - Grade Unit: g/t - Intercept: 1.2 m - From: 68 m - To: 69.2 m - Intercept Depth: 68 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:68-69.2 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.84 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak gold intercept, part of initial drilling at Target 3. Evidence · table > 0.54 Context: 1.20 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-57) Copalquin · silver #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 21.2 - Grade Unit: g/t - Intercept: 1.2 m - From: 68 m - To: 69.2 m - Intercept Depth: 68 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:68-69.2 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.84 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept, part of initial drilling at Target 3. Evidence · table > 21.2 Context: 1.20 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-58) Copalquin · gold #### Identity - Hole ID: GU26-004\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.24 - Grade Unit: g/t - Intercept: 0.55 m - From: 75.85 m - To: 76.4 m - Intercept Depth: 75.85 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004\*:75.85-76.4 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.33 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept, part of initial drilling at Target 3. Evidence · table > 1.24 Context: 0.55 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-59) Copalquin · silver #### Identity - Hole ID: GU26-004\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 6.1 - Grade Unit: g/t - Intercept: 0.55 m - From: 75.85 m - To: 76.4 m - Intercept Depth: 75.85 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004\*:75.85-76.4 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.33 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept, part of initial drilling at Target 3. Evidence · table > 6.1 Context: 0.55 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-60) Copalquin · gold #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.26 - Grade Unit: g/t - Intercept: 0.55 m - From: 80.5 m - To: 81.05 m - Intercept Depth: 80.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:80.5-81.05 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.26 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.26 Context: 0.55 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-004 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-61) Copalquin · silver #### Identity - Hole ID: GU26-004 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.3 - Grade Unit: g/t - Intercept: 0.55 m - From: 80.5 m - To: 81.05 m - Intercept Depth: 80.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-004:80.5-81.05 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.26 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 0.3 Context: 0.55 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-62) Copalquin · gold #### Identity - Hole ID: GU26-005 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.19 - Grade Unit: g/t - Intercept: 0.8 m - From: 32.2 m - To: 33 m - Intercept Depth: 32.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-005:32.2-33 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.31 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.19 Context: 0.80 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-63) Copalquin · silver #### Identity - Hole ID: GU26-005 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 8.4 - Grade Unit: g/t - Intercept: 0.8 m - From: 32.2 m - To: 33 m - Intercept Depth: 32.2 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-005:32.2-33 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.31 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 8.4 Context: 0.80 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-64) Copalquin · gold #### Identity - Hole ID: GU26-005 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.39 - Grade Unit: g/t - Intercept: 1.5 m - From: 48.65 m - To: 50.15 m - Intercept Depth: 48.65 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-005:48.65-50.15 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.42 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.39 Context: 1.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-65) Copalquin · silver #### Identity - Hole ID: GU26-005 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 2.4 - Grade Unit: g/t - Intercept: 1.5 m - From: 48.65 m - To: 50.15 m - Intercept Depth: 48.65 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-005:48.65-50.15 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.42 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 2.4 Context: 1.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-66) Copalquin · gold #### Identity - Hole ID: GU26-005 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.18 - Grade Unit: g/t - Intercept: 0.6 m - From: 68.3 m - To: 68.9 m - Intercept Depth: 68.3 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-005:68.3-68.9 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.18 Context: 0.60 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GU26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-67) Copalquin · silver #### Identity - Hole ID: GU26-005 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 8.3 - Grade Unit: g/t - Intercept: 0.6 m - From: 68.3 m - To: 68.9 m - Intercept Depth: 68.3 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: GU26-005:68.3-68.9 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 8.3 Context: 0.60 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### CS26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-68) Copalquin · gold #### Identity - Hole ID: CS26-002 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.13 - Grade Unit: g/t - Intercept: 0.5 m - From: 48.65 m - To: 49.15 m - Intercept Depth: 48.65 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: CS26-002:48.65-49.15 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.35 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.13 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### CS26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-69) Copalquin · silver #### Identity - Hole ID: CS26-002 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 15.6 - Grade Unit: g/t - Intercept: 0.5 m - From: 48.65 m - To: 49.15 m - Intercept Depth: 48.65 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: CS26-002:48.65-49.15 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.35 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 15.6 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### CS26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-70) Copalquin · gold #### Identity - Hole ID: CS26-002 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.26 - Grade Unit: g/t - Intercept: 1.5 m - From: 54.5 m - To: 56 m - Intercept Depth: 54.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: CS26-002:54.5-56 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.29 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept, part of initial drilling at Target 3. Evidence · table > 0.26 Context: 1.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### CS26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-71) Copalquin · silver #### Identity - Hole ID: CS26-002 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.9 - Grade Unit: g/t - Intercept: 1.5 m - From: 54.5 m - To: 56 m - Intercept Depth: 54.5 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: CS26-002:54.5-56 - Mining Method: underground #### Location - Location: Target 3 - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.29 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept, part of initial drilling at Target 3. Evidence · table > 1.9 Context: 1.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-72) Copalquin · gold #### Identity - Hole ID: RE26-001 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.85 - Grade Unit: g/t - Intercept: 1.2 m - From: 304 m - To: 305.2 m - Intercept Depth: 304 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-001:304-305.2 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.31 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak gold intercept from resource upgrade drilling at Target 1. Evidence · table > 0.85 Context: 1.20 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-73) Copalquin · silver #### Identity - Hole ID: RE26-001 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 32.7 - Grade Unit: g/t - Intercept: 1.2 m - From: 304 m - To: 305.2 m - Intercept Depth: 304 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-001:304-305.2 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.31 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept from resource upgrade drilling at Target 1. Evidence · table > 32.7 Context: 1.20 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-74) Copalquin · gold #### Identity - Hole ID: RE26-001 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.02 - Grade Unit: g/t - Intercept: 4 m - From: 313.15 m - To: 317.15 m - Intercept Depth: 313.15 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-001:313.15-317.15 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.47 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept from resource upgrade drilling at Target 1. Evidence · table > 1.02 Context: 4.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-75) Copalquin · silver #### Identity - Hole ID: RE26-001 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 31.6 - Grade Unit: g/t - Intercept: 4 m - From: 313.15 m - To: 317.15 m - Intercept Depth: 313.15 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-001:313.15-317.15 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.47 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept from resource upgrade drilling at Target 1. Evidence · table > 31.6 Context: 4.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-76) Copalquin · gold #### Identity - Hole ID: RE26-001 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 4.36 - Grade Unit: g/t - Intercept: 0.5 m - From: 316.65 m - To: 317.15 m - Intercept Depth: 316.65 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-001:316.65-317.15 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 5.08 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong gold intercept from resource upgrade drilling at Target 1. Evidence · table > 4.36 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-77) Copalquin · silver #### Identity - Hole ID: RE26-001 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 50.2 - Grade Unit: g/t - Intercept: 0.5 m - From: 316.65 m - To: 317.15 m - Intercept Depth: 316.65 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-001:316.65-317.15 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 5.08 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong silver intercept from resource upgrade drilling at Target 1. Evidence · table > 50.2 Context: 0.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-78) Copalquin · gold #### Identity - Hole ID: RE26-002 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 3.12 - Grade Unit: g/t - Intercept: 0.65 m - From: 290.25 m - To: 290.9 m - Intercept Depth: 290.25 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-002:290.25-290.9 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 4.36 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong gold intercept from resource upgrade drilling at Target 1. Evidence · table > 3.12 Context: 0.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-79) Copalquin · silver #### Identity - Hole ID: RE26-002 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 86.7 - Grade Unit: g/t - Intercept: 0.65 m - From: 290.25 m - To: 290.9 m - Intercept Depth: 290.25 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-002:290.25-290.9 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 4.36 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong silver intercept from resource upgrade drilling at Target 1. Evidence · table > 86.7 Context: 0.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-80) Copalquin · gold #### Identity - Hole ID: RE26-003 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.24 - Grade Unit: g/t - Intercept: 2 m - From: 64.2 m - To: 66.2 m - Intercept Depth: 64.2 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003:64.2-66.2 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.42 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept from resource upgrade drilling at Target 1. Evidence · table > 0.24 Context: 2.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-81) Copalquin · silver #### Identity - Hole ID: RE26-003 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 12.3 - Grade Unit: g/t - Intercept: 2 m - From: 64.2 m - To: 66.2 m - Intercept Depth: 64.2 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003:64.2-66.2 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.42 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept from resource upgrade drilling at Target 1. Evidence · table > 12.3 Context: 2.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-82) Copalquin · gold #### Identity - Hole ID: RE26-003\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.59 - Grade Unit: g/t - Intercept: 16 m - From: 78.15 m - To: 94.15 m - Intercept Depth: 78.15 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003\*:78.15-94.15 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.18 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept over a significant width from resource upgrade drilling at Target 1. Evidence · table > 0.59 Context: 16.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-83) Copalquin · silver #### Identity - Hole ID: RE26-003\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 41 - Grade Unit: g/t - Intercept: 16 m - From: 78.15 m - To: 94.15 m - Intercept Depth: 78.15 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003\*:78.15-94.15 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.18 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept over a significant width from resource upgrade drilling at Target 1. Evidence · table > 41.0 Context: 16.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-84) Copalquin · gold #### Identity - Hole ID: RE26-003\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.77 - Grade Unit: g/t - Intercept: 6.8 m - From: 78.95 m - To: 85.75 m - Intercept Depth: 78.95 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003\*:78.95-85.75 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.44 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept over a good width from resource upgrade drilling at Target 1. Evidence · table > 0.77 Context: 6.80 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-85) Copalquin · silver #### Identity - Hole ID: RE26-003\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 46.6 - Grade Unit: g/t - Intercept: 6.8 m - From: 78.95 m - To: 85.75 m - Intercept Depth: 78.95 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003\*:78.95-85.75 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.44 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept over a good width from resource upgrade drilling at Target 1. Evidence · table > 46.6 Context: 6.80 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-86) Copalquin · gold #### Identity - Hole ID: RE26-003\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 3.48 - Grade Unit: g/t - Intercept: 0.65 m - From: 91.2 m - To: 91.85 m - Intercept Depth: 91.2 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003\*:91.2-91.85 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 7.17 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong gold intercept from resource upgrade drilling at Target 1. Evidence · table > 3.48 Context: 0.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-87) Copalquin · silver #### Identity - Hole ID: RE26-003\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 258 - Grade Unit: g/t - Intercept: 0.65 m - From: 91.2 m - To: 91.85 m - Intercept Depth: 91.2 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003\*:91.2-91.85 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 7.17 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong silver intercept from resource upgrade drilling at Target 1. Evidence · table > 258.0 Context: 0.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-88) Copalquin · gold #### Identity - Hole ID: RE26-003 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.33 - Grade Unit: g/t - Intercept: 1.3 m - From: 96.9 m - To: 98.2 m - Intercept Depth: 96.9 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003:96.9-98.2 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.42 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept from resource upgrade drilling at Target 1. Evidence · table > 0.33 Context: 1.30 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-89) Copalquin · silver #### Identity - Hole ID: RE26-003 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 76.4 - Grade Unit: g/t - Intercept: 1.3 m - From: 96.9 m - To: 98.2 m - Intercept Depth: 96.9 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003:96.9-98.2 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.42 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept from resource upgrade drilling at Target 1. Evidence · table > 76.4 Context: 1.30 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-90) Copalquin · gold #### Identity - Hole ID: RE26-003 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.35 - Grade Unit: g/t - Intercept: 9.05 m - From: 104.3 m - To: 113.35 m - Intercept Depth: 104.3 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003:104.3-113.35 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.82 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak gold intercept over a good width from resource upgrade drilling at Target 1. Evidence · table > 0.35 Context: 9.05 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-91) Copalquin · silver #### Identity - Hole ID: RE26-003 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 33 - Grade Unit: g/t - Intercept: 9.05 m - From: 104.3 m - To: 113.35 m - Intercept Depth: 104.3 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003:104.3-113.35 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.82 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept over a good width from resource upgrade drilling at Target 1. Evidence · table > 33.0 Context: 9.05 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-92) Copalquin · gold #### Identity - Hole ID: RE26-003 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.49 - Grade Unit: g/t - Intercept: 1.65 m - From: 110.9 m - To: 112.55 m - Intercept Depth: 110.9 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003:110.9-112.55 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.5 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept from resource upgrade drilling at Target 1. Evidence · table > 0.49 Context: 1.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-93) Copalquin · silver #### Identity - Hole ID: RE26-003 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 71 - Grade Unit: g/t - Intercept: 1.65 m - From: 110.9 m - To: 112.55 m - Intercept Depth: 110.9 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-003:110.9-112.55 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.5 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept from resource upgrade drilling at Target 1. Evidence · table > 71.0 Context: 1.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-004\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-94) Copalquin · gold #### Identity - Hole ID: RE26-004\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 12.09 - Grade Unit: g/t - Intercept: 3.45 m - From: 153.9 m - To: 157.35 m - Intercept Depth: 153.9 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-004\*:153.9-157.35 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 15.65 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Exceptional high-grade gold intercept of 12.09 g/t over 3.45m from resource upgrade drilling at Target 1. - Positive factor: Exceptional high-grade gold intercept - Positive factor: Bonanza Intercept Evidence · table > 12.09 Context: 3.45 #### Tags used in scoring **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 12.09 g/t gold is well above the exceptional threshold for epithermal gold \(5 g/t\). Evidence · table > 12.09 Context: 3.45 **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-004\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-95) Copalquin · silver #### Identity - Hole ID: RE26-004\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 249.3 - Grade Unit: g/t - Intercept: 3.45 m - From: 153.9 m - To: 157.35 m - Intercept Depth: 153.9 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-004\*:153.9-157.35 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 15.65 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong silver intercept over a good width from resource upgrade drilling at Target 1. Evidence · table > 249.3 Context: 3.45 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-004\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-96) Copalquin · gold #### Identity - Hole ID: RE26-004\* - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 24.6 - Grade Unit: g/t - Intercept: 0.85 m - From: 156 m - To: 156.85 m - Intercept Depth: 156 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-004\*:156-156.85 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 29.27 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Exceptional high-grade gold intercept of 24.60 g/t over 0.85m from resource upgrade drilling at Target 1. - Positive factor: Exceptional high-grade gold intercept - Positive factor: Bonanza Intercept Evidence · table > 24.60 Context: 0.85 #### Tags used in scoring **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 24.60 g/t gold is well above the exceptional threshold for epithermal gold \(5 g/t\). Evidence · table > 24.60 Context: 0.85 **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-004\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-97) Copalquin · silver #### Identity - Hole ID: RE26-004\* - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 327 - Grade Unit: g/t - Intercept: 0.85 m - From: 156 m - To: 156.85 m - Intercept Depth: 156 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-004\*:156-156.85 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 29.27 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong silver intercept from resource upgrade drilling at Target 1. Evidence · table > 327.0 Context: 0.85 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-98) Copalquin · gold #### Identity - Hole ID: RE26-005 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 3.38 - Grade Unit: g/t - Intercept: 1.55 m - From: 228.3 m - To: 229.85 m - Intercept Depth: 228.3 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-005:228.3-229.85 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 3.55 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Strong gold intercept from resource upgrade drilling at Target 1. Evidence · table > 3.38 Context: 1.55 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-99) Copalquin · silver #### Identity - Hole ID: RE26-005 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 12 - Grade Unit: g/t - Intercept: 1.55 m - From: 228.3 m - To: 229.85 m - Intercept Depth: 228.3 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-005:228.3-229.85 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 3.55 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept from resource upgrade drilling at Target 1. Evidence · table > 12.0 Context: 1.55 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-100) Copalquin · gold #### Identity - Hole ID: RE26-005 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.67 - Grade Unit: g/t - Intercept: 7 m - From: 233 m - To: 240 m - Intercept Depth: 233 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-005:233-240 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.17 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept over a good width from resource upgrade drilling at Target 1. Evidence · table > 1.67 Context: 7.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-101) Copalquin · silver #### Identity - Hole ID: RE26-005 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 35 - Grade Unit: g/t - Intercept: 7 m - From: 233 m - To: 240 m - Intercept Depth: 233 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-005:233-240 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.17 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept over a good width from resource upgrade drilling at Target 1. Evidence · table > 35.0 Context: 7.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-102) Copalquin · gold #### Identity - Hole ID: RE26-005 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.5 - Grade Unit: g/t - Intercept: 3 m - From: 244 m - To: 247 m - Intercept Depth: 244 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-005:244-247 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.16 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept from resource upgrade drilling at Target 1. Evidence · table > 1.50 Context: 3.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-103) Copalquin · silver #### Identity - Hole ID: RE26-005 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 46 - Grade Unit: g/t - Intercept: 3 m - From: 244 m - To: 247 m - Intercept Depth: 244 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-005:244-247 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 2.16 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept from resource upgrade drilling at Target 1. Evidence · table > 46.0 Context: 3.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-104) Copalquin · gold #### Identity - Hole ID: RE26-005 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.81 - Grade Unit: g/t - Intercept: 3.5 m - From: 275 m - To: 278.5 m - Intercept Depth: 275 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-005:275-278.5 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.99 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak gold intercept from resource upgrade drilling at Target 1. Evidence · table > 0.81 Context: 3.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-105) Copalquin · silver #### Identity - Hole ID: RE26-005 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 12.8 - Grade Unit: g/t - Intercept: 3.5 m - From: 275 m - To: 278.5 m - Intercept Depth: 275 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-005:275-278.5 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.99 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept from resource upgrade drilling at Target 1. Evidence · table > 12.8 Context: 3.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-106) Copalquin · gold #### Identity - Hole ID: RE26-006 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.33 - Grade Unit: g/t - Intercept: 1.65 m - From: 23 m - To: 24.65 m - Intercept Depth: 23 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-006:23-24.65 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.59 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak gold intercept from resource upgrade drilling at Target 1. Evidence · table > 0.33 Context: 1.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-107) Copalquin · silver #### Identity - Hole ID: RE26-006 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 18.1 - Grade Unit: g/t - Intercept: 1.65 m - From: 23 m - To: 24.65 m - Intercept Depth: 23 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-006:23-24.65 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.59 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept from resource upgrade drilling at Target 1. Evidence · table > 18.1 Context: 1.65 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-108) Copalquin · gold #### Identity - Hole ID: RE26-006 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.33 - Grade Unit: g/t - Intercept: 5.5 m - From: 28 m - To: 33.5 m - Intercept Depth: 28 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-006:28-33.5 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.56 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak gold intercept over a good width from resource upgrade drilling at Target 1. Evidence · table > 0.33 Context: 5.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-109) Copalquin · silver #### Identity - Hole ID: RE26-006 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 15.8 - Grade Unit: g/t - Intercept: 5.5 m - From: 28 m - To: 33.5 m - Intercept Depth: 28 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-006:28-33.5 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.56 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Weak silver intercept over a good width from resource upgrade drilling at Target 1. Evidence · table > 15.8 Context: 5.50 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-110) Copalquin · gold #### Identity - Hole ID: RE26-006 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.15 - Grade Unit: g/t - Intercept: 2 m - From: 36.05 m - To: 38.05 m - Intercept Depth: 36.05 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-006:36.05-38.05 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.31 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade gold intercept from resource upgrade drilling at Target 1. Evidence · table > 0.15 Context: 2.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-111) Copalquin · silver #### Identity - Hole ID: RE26-006 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 11.2 - Grade Unit: g/t - Intercept: 2 m - From: 36.05 m - To: 38.05 m - Intercept Depth: 36.05 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-006:36.05-38.05 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 0.31 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Low-grade silver intercept from resource upgrade drilling at Target 1. Evidence · table > 11.2 Context: 2.00 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-112) Copalquin · gold #### Identity - Hole ID: RE26-006 - Project: Copalquin - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.98 - Grade Unit: g/t - Intercept: 1.75 m - From: 40.25 m - To: 42 m - Intercept Depth: 40.25 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-006:40.25-42 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.79 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate gold intercept from resource upgrade drilling at Target 1. Evidence · table > 0.98 Context: 1.75 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-113) Copalquin · silver #### Identity - Hole ID: RE26-006 - Project: Copalquin - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 56.5 - Grade Unit: g/t - Intercept: 1.75 m - From: 40.25 m - To: 42 m - Intercept Depth: 40.25 m #### Classification - Deposit Type: epithermal - Program: resource - Sample Type: drill - Group ID: RE26-006:40.25-42 - Mining Method: underground #### Location - Location: El Refugio - Loc. Source: document #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Metal Eq. Grade: 1.79 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Moderate silver intercept from resource upgrade drilling at Target 1. Evidence · table > 56.5 Context: 1.75 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-114) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.32 - Grade Unit: g/t - Intercept: 1.55 m - From: 59.15 m - To: 60.7 m - Intercept Depth: 59.15 m #### Classification - Sample Type: drill - Group ID: RE26-006:59.15-60.7 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.32 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.5 g/t·m is below. - Negative factor: 0.32 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.32 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-115) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 15.2 - Grade Unit: g/t - Intercept: 1.55 m - From: 59.15 m - To: 60.7 m - Intercept Depth: 59.15 m #### Classification - Sample Type: drill - Group ID: RE26-006:59.15-60.7 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 15.2 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 23.6 g/t·m is below. - Negative factor: 15.2 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 15.2 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-116) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.5 - Grade Unit: g/t - Intercept: 4.95 m - From: 65.05 m - To: 70 m - Intercept Depth: 65.05 m #### Classification - Sample Type: drill - Group ID: RE26-006:65.05-70 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.5 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.5 g/t·m is below. - Negative factor: 0.5 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.50 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-117) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 49.2 - Grade Unit: g/t - Intercept: 4.95 m - From: 65.05 m - To: 70 m - Intercept Depth: 65.05 m #### Classification - Sample Type: drill - Group ID: RE26-006:65.05-70 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 49.2 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 243.5 g/t·m is weak. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 49.2 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-118) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.98 - Grade Unit: g/t - Intercept: 1.35 m - From: 65.65 m - To: 67 m - Intercept Depth: 65.65 m #### Classification - Sample Type: drill - Group ID: RE26-006:65.65-67 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.98 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.3 g/t·m is below. - Negative factor: 0.98 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.98 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-119) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 115 - Grade Unit: g/t - Intercept: 1.35 m - From: 65.65 m - To: 67 m - Intercept Depth: 65.65 m #### Classification - Sample Type: drill - Group ID: RE26-006:65.65-67 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 115 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 155.3 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 115.0 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-120) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.1 - Grade Unit: g/t - Intercept: 0.7 m - From: 82.15 m - To: 82.85 m - Intercept Depth: 82.15 m #### Classification - Sample Type: drill - Group ID: RE26-006:82.15-82.85 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.1 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.1 g/t·m is below. - Negative factor: 0.1 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.10 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-121) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 10.7 - Grade Unit: g/t - Intercept: 0.7 m - From: 82.15 m - To: 82.85 m - Intercept Depth: 82.15 m #### Classification - Sample Type: drill - Group ID: RE26-006:82.15-82.85 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 10.7 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 7.5 g/t·m is below. - Negative factor: 10.7 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 10.7 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-122) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.18 - Grade Unit: g/t - Intercept: 0.5 m - From: 83.55 m - To: 84.05 m - Intercept Depth: 83.55 m #### Classification - Sample Type: drill - Group ID: RE26-006:83.55-84.05 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.18 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.1 g/t·m is below. - Negative factor: 0.18 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.18 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-123) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 6.5 - Grade Unit: g/t - Intercept: 0.5 m - From: 83.55 m - To: 84.05 m - Intercept Depth: 83.55 m #### Classification - Sample Type: drill - Group ID: RE26-006:83.55-84.05 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 6.5 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 3.3 g/t·m is below. - Negative factor: 6.5 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 6.5 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-124) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.14 - Grade Unit: g/t - Intercept: 1 m - From: 85 m - To: 86 m - Intercept Depth: 85 m #### Classification - Sample Type: drill - Group ID: RE26-006:85-86 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.14 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.1 g/t·m is below. - Negative factor: 0.14 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.14 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-125) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 21.1 - Grade Unit: g/t - Intercept: 1 m - From: 85 m - To: 86 m - Intercept Depth: 85 m #### Classification - Sample Type: drill - Group ID: RE26-006:85-86 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 21.1 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 21.1 g/t·m is below. - Negative factor: 21.1 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 21.1 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-126) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.35 - Grade Unit: g/t - Intercept: 1 m - From: 89 m - To: 90 m - Intercept Depth: 89 m #### Classification - Sample Type: drill - Group ID: RE26-006:89-90 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.35 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.3 g/t·m is below. - Negative factor: 0.35 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.35 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-127) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-006 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.1 - Grade Unit: g/t - Intercept: 1 m - From: 89 m - To: 90 m - Intercept Depth: 89 m #### Classification - Sample Type: drill - Group ID: RE26-006:89-90 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 1.1 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 1.1 g/t·m is below. - Negative factor: 1.1 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.1 Context: RE26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-128) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-007 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 2.26 - Grade Unit: g/t - Intercept: 1.45 m - From: 102.85 m - To: 104.3 m - Intercept Depth: 102.85 m #### Classification - Sample Type: drill - Group ID: RE26-007:102.85-104.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 2.26 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.3 g/t·m is below. - Negative factor: 2.26 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.26 Context: RE26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-129) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-007 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 82.2 - Grade Unit: g/t - Intercept: 1.45 m - From: 102.85 m - To: 104.3 m - Intercept Depth: 102.85 m #### Classification - Sample Type: drill - Group ID: RE26-007:102.85-104.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 82.2 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 119.2 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 82.2 Context: RE26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-009\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-130) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-009\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 7 - Grade Unit: g/t - Intercept: 9.65 m - From: 271.4 m - To: 281.05 m - Intercept Depth: 271.4 m #### Classification - Sample Type: drill - Group ID: RE26-009\*:271.4-281.05 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 7 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 67.5 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 7 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 7.00 Context: RE26-009\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-009\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-131) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-009\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 370.3 - Grade Unit: g/t - Intercept: 9.65 m - From: 271.4 m - To: 281.05 m - Intercept Depth: 271.4 m #### Classification - Sample Type: drill - Group ID: RE26-009\*:271.4-281.05 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 370.3 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 3573.4 g/t·m is strong. - Positive factor: 370.3 g/t silver is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 370.3 Context: RE26-009\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-009\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-132) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-009\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 8.58 - Grade Unit: g/t - Intercept: 2.75 m - From: 271.4 m - To: 274.15 m - Intercept Depth: 271.4 m #### Classification - Sample Type: drill - Group ID: RE26-009\*:271.4-274.15 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 8.58 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 23.6 g/t·m is weak \(grade alone is strong; the better of the two is used\). - Positive factor: 8.58 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8.58 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-009\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-133) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-009\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 486 - Grade Unit: g/t - Intercept: 2.75 m - From: 271.4 m - To: 274.15 m - Intercept Depth: 271.4 m #### Classification - Sample Type: drill - Group ID: RE26-009\*:271.4-274.15 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 486 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 1336.5 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 486 g/t silver is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 486.0 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-009\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-134) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-009\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 15.15 - Grade Unit: g/t - Intercept: 0.95 m - From: 271.4 m - To: 272.35 m - Intercept Depth: 271.4 m #### Classification - Sample Type: drill - Group ID: RE26-009\*:271.4-272.35 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 15.15 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 14.4 g/t·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 15.15 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 15.15 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-009\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-135) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-009\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 980 - Grade Unit: g/t - Intercept: 0.95 m - From: 271.4 m - To: 272.35 m - Intercept Depth: 271.4 m #### Classification - Sample Type: drill - Group ID: RE26-009\*:271.4-272.35 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 980 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 931.0 g/t·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 980 g/t silver is exceptional on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 980.0 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-136) and the broader expansion of the large Copalquin epithermal · gold #### Identity - Hole ID: and - Project: and the broader expansion of the large Copalquin epithermal - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 11.52 - Grade Unit: g/t - Intercept: 3.25 m - From: 275.8 m - To: 279.05 m - Intercept Depth: 275.8 m #### Classification - Sample Type: drill - Group ID: and:275.8-279.05 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 11.52 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 37.4 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 11.52 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 11.52 Context: and #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-137) and the broader expansion of the large Copalquin epithermal · silver #### Identity - Hole ID: and - Project: and the broader expansion of the large Copalquin epithermal - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 596.2 - Grade Unit: g/t - Intercept: 3.25 m - From: 275.8 m - To: 279.05 m - Intercept Depth: 275.8 m #### Classification - Sample Type: drill - Group ID: and:275.8-279.05 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 596.2 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 1937.7 g/t·m is moderate \(grade alone is exceptional; the better of the two is used\). - Positive factor: 596.2 g/t silver is exceptional on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 596.2 Context: and #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-138) and the broader expansion of the large Copalquin epithermal · gold #### Identity - Hole ID: and - Project: and the broader expansion of the large Copalquin epithermal - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 30.7 - Grade Unit: g/t - Intercept: 0.5 m - From: 276.45 m - To: 276.95 m - Intercept Depth: 276.45 m #### Classification - Sample Type: drill - Group ID: and:276.45-276.95 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 30.7 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 15.3 g/t·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 30.7 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 30.70 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### and [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-139) and the broader expansion of the large Copalquin epithermal · silver #### Identity - Hole ID: and - Project: and the broader expansion of the large Copalquin epithermal - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1780 - Grade Unit: g/t - Intercept: 0.5 m - From: 276.45 m - To: 276.95 m - Intercept Depth: 276.45 m #### Classification - Sample Type: drill - Group ID: and:276.45-276.95 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 1780 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 890.0 g/t·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 1780 g/t silver is exceptional on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1780.0 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-140) Drilling in the area has helped improve the geological understanding of this area which is dominated by multiphase quartz breccia mineralisation and is spatially influenced by a post-mineral dike · gold #### Identity - Hole ID: RE26-009 - Project: Drilling in the area has helped improve the geological understanding of this area which is dominated by multiphase quartz breccia mineralisation and is spatially influenced by a post-mineral dike - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 6.55 - Grade Unit: g/t - Intercept: 0.55 m - From: 285.6 m - To: 286.15 m - Intercept Depth: 285.6 m #### Classification - Sample Type: drill - Group ID: RE26-009:285.6-286.15 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 6.55 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 3.6 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 6.55 Context: RE26-009 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-009 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-141) Drilling in the area has helped improve the geological understanding of this area which is dominated by multiphase quartz breccia mineralisation and is spatially influenced by a post-mineral dike · silver #### Identity - Hole ID: RE26-009 - Project: Drilling in the area has helped improve the geological understanding of this area which is dominated by multiphase quartz breccia mineralisation and is spatially influenced by a post-mineral dike - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 400 - Grade Unit: g/t - Intercept: 0.55 m - From: 285.6 m - To: 286.15 m - Intercept Depth: 285.6 m #### Classification - Sample Type: drill - Group ID: RE26-009:285.6-286.15 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 400 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 220.0 g/t·m is weak \(grade alone is strong; the better of the two is used\). - Positive factor: 400 g/t silver is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 400.0 Context: RE26-009 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-010\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-142) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-010\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 2.41 - Grade Unit: g/t - Intercept: 2.85 m - From: 395.05 m - To: 397.9 m - Intercept Depth: 395.05 m #### Classification - Sample Type: drill - Group ID: RE26-010\*:395.05-397.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 2.41 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 6.9 g/t·m is below. - Negative factor: 2.41 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.41 Context: RE26-010\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-010\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-143) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-010\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 107.8 - Grade Unit: g/t - Intercept: 2.85 m - From: 395.05 m - To: 397.9 m - Intercept Depth: 395.05 m #### Classification - Sample Type: drill - Group ID: RE26-010\*:395.05-397.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 107.8 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 307.2 g/t·m is weak \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 107.8 Context: RE26-010\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-010\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-144) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-010\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 2.83 - Grade Unit: g/t - Intercept: 0.95 m - From: 396.95 m - To: 397.9 m - Intercept Depth: 396.95 m #### Classification - Sample Type: drill - Group ID: RE26-010\*:396.95-397.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 2.83 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.7 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.83 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-010\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-145) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-010\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 188 - Grade Unit: g/t - Intercept: 0.95 m - From: 396.95 m - To: 397.9 m - Intercept Depth: 396.95 m #### Classification - Sample Type: drill - Group ID: RE26-010\*:396.95-397.9 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 188 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 178.6 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 188.0 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-012 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-146) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-012 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 6.64 - Grade Unit: g/t - Intercept: 1.2 m - From: 304.2 m - To: 305.4 m - Intercept Depth: 304.2 m #### Classification - Sample Type: drill - Group ID: RE26-012:304.2-305.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 6.64 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.0 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 6.64 Context: RE26-012 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-012 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-147) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-012 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 6.4 - Grade Unit: g/t - Intercept: 1.2 m - From: 304.2 m - To: 305.4 m - Intercept Depth: 304.2 m #### Classification - Sample Type: drill - Group ID: RE26-012:304.2-305.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 6.4 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 7.7 g/t·m is below. - Negative factor: 6.4 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 6.4 Context: RE26-012 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-012 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-148) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-012 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 3.79 - Grade Unit: g/t - Intercept: 1.65 m - From: 316.75 m - To: 318.4 m - Intercept Depth: 316.75 m #### Classification - Sample Type: drill - Group ID: RE26-012:316.75-318.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 3.79 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 6.3 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 3.79 Context: RE26-012 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-012 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-149) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-012 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 8.3 - Grade Unit: g/t - Intercept: 1.65 m - From: 316.75 m - To: 318.4 m - Intercept Depth: 316.75 m #### Classification - Sample Type: drill - Group ID: RE26-012:316.75-318.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 8.3 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 13.7 g/t·m is below. - Negative factor: 8.3 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8.3 Context: RE26-012 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-012 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-150) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-012 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 5.55 - Grade Unit: g/t - Intercept: 0.75 m - From: 317.65 m - To: 318.4 m - Intercept Depth: 317.65 m #### Classification - Sample Type: drill - Group ID: RE26-012:317.65-318.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 5.55 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 4.2 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 5.55 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-012 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-151) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-012 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 11.9 - Grade Unit: g/t - Intercept: 0.75 m - From: 317.65 m - To: 318.4 m - Intercept Depth: 317.65 m #### Classification - Sample Type: drill - Group ID: RE26-012:317.65-318.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 11.9 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 8.9 g/t·m is below. - Negative factor: 11.9 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 11.9 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-013\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-152) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-013\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 4.01 - Grade Unit: g/t - Intercept: 7.25 m - From: 375.7 m - To: 382.95 m - Intercept Depth: 375.7 m #### Classification - Sample Type: drill - Group ID: RE26-013\*:375.7-382.95 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 4.01 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 29.1 g/t·m is weak \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 4.01 Context: RE26-013\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-013\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-153) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-013\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 225.1 - Grade Unit: g/t - Intercept: 7.25 m - From: 375.7 m - To: 382.95 m - Intercept Depth: 375.7 m #### Classification - Sample Type: drill - Group ID: RE26-013\*:375.7-382.95 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 225.1 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 1632.0 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 225.1 g/t silver is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 225.1 Context: RE26-013\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-013\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-154) Copalquin Target 1 · gold #### Identity - Hole ID: RE26-013\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 7.11 - Grade Unit: g/t - Intercept: 3.3 m - From: 376.8 m - To: 380.1 m - Intercept Depth: 376.8 m #### Classification - Sample Type: drill - Group ID: RE26-013\*:376.8-380.1 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 7.11 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 23.5 g/t·m is weak \(grade alone is strong; the better of the two is used\). - Positive factor: 7.11 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 7.11 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### RE26-013\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-155) Copalquin Target 1 · silver #### Identity - Hole ID: RE26-013\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 368.2 - Grade Unit: g/t - Intercept: 3.3 m - From: 376.8 m - To: 380.1 m - Intercept Depth: 376.8 m #### Classification - Sample Type: drill - Group ID: RE26-013\*:376.8-380.1 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 368.2 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 1215.1 g/t·m is moderate \(grade alone is strong; the better of the two is used\). - Positive factor: 368.2 g/t silver is strong on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 368.2 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### and\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-156) Copalquin Target 1 · gold #### Identity - Hole ID: and\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 15.25 - Grade Unit: g/t - Intercept: 0.5 m - From: 378 m - To: 378.5 m - Intercept Depth: 378 m #### Classification - Sample Type: drill - Group ID: and\*:378-378.5 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 15.25 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 7.6 g/t·m is below \(grade alone is exceptional; the better of the two is used\). - Positive factor: 15.25 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 15.25 Context: and\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### and\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-157) Copalquin Target 1 · silver #### Identity - Hole ID: and\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 533 - Grade Unit: g/t - Intercept: 0.5 m - From: 378 m - To: 378.5 m - Intercept Depth: 378 m #### Classification - Sample Type: drill - Group ID: and\*:378-378.5 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 533 g/t silver is exceptional against the default band \[500, 200, 100, 30\] g/t. Grade×width 266.5 g/t·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 533 g/t silver is exceptional on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 533.0 Context: and\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-158) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-001 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.37 - Grade Unit: g/t - Intercept: 0.95 m - From: 193 m - To: 193.95 m - Intercept Depth: 193 m #### Classification - Sample Type: drill - Group ID: LS26-001:193-193.95 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 1.37 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.3 g/t·m is below. - Negative factor: 1.37 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.37 Context: LS26-001 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-159) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-001 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 77.8 - Grade Unit: g/t - Intercept: 0.95 m - From: 193 m - To: 193.95 m - Intercept Depth: 193 m #### Classification - Sample Type: drill - Group ID: LS26-001:193-193.95 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 77.8 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 73.9 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 77.8 Context: LS26-001 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-160) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-002 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.04 - Grade Unit: g/t - Intercept: 0.5 m - From: 187.8 m - To: 188.3 m - Intercept Depth: 187.8 m #### Classification - Sample Type: drill - Group ID: LS26-002:187.8-188.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 1.04 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.5 g/t·m is below. - Negative factor: 1.04 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.04 Context: LS26-002 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-161) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-002 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 47.5 - Grade Unit: g/t - Intercept: 0.5 m - From: 187.8 m - To: 188.3 m - Intercept Depth: 187.8 m #### Classification - Sample Type: drill - Group ID: LS26-002:187.8-188.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 47.5 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 23.8 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 47.5 Context: LS26-002 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-162) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-002 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 0.5 m - From: 201.5 m - To: 202 m - Intercept Depth: 201.5 m #### Classification - Sample Type: drill - Group ID: LS26-002:201.5-202 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 1 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.5 g/t·m is below. - Negative factor: 1 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.00 Context: LS26-002 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-002 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-163) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-002 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 59 - Grade Unit: g/t - Intercept: 0.5 m - From: 201.5 m - To: 202 m - Intercept Depth: 201.5 m #### Classification - Sample Type: drill - Group ID: LS26-002:201.5-202 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 59 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 29.5 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 59.0 Context: LS26-002 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-164) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-003 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 2.02 - Grade Unit: g/t - Intercept: 0.5 m - From: 147.25 m - To: 147.75 m - Intercept Depth: 147.25 m #### Classification - Sample Type: drill - Group ID: LS26-003:147.25-147.75 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 2.02 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.0 g/t·m is below. - Negative factor: 2.02 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.02 Context: LS26-003 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-003 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-165) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-003 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 20.7 - Grade Unit: g/t - Intercept: 0.5 m - From: 147.25 m - To: 147.75 m - Intercept Depth: 147.25 m #### Classification - Sample Type: drill - Group ID: LS26-003:147.25-147.75 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 20.7 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 10.3 g/t·m is below. - Negative factor: 20.7 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 20.7 Context: LS26-003 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-166) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-005\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 2.18 - Grade Unit: g/t - Intercept: 3.6 m - From: 58.8 m - To: 62.4 m - Intercept Depth: 58.8 m #### Classification - Sample Type: drill - Group ID: LS26-005\*:58.8-62.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 2.18 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 7.8 g/t·m is below. - Negative factor: 2.18 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.18 Context: LS26-005\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-167) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-005\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 24.9 - Grade Unit: g/t - Intercept: 3.6 m - From: 58.8 m - To: 62.4 m - Intercept Depth: 58.8 m #### Classification - Sample Type: drill - Group ID: LS26-005\*:58.8-62.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 24.9 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 89.6 g/t·m is below. - Negative factor: 24.9 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 24.9 Context: LS26-005\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-168) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-005\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 9.6 - Grade Unit: g/t - Intercept: 0.75 m - From: 61.65 m - To: 62.4 m - Intercept Depth: 61.65 m #### Classification - Sample Type: drill - Group ID: LS26-005\*:61.65-62.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 9.6 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 7.2 g/t·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 9.6 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 9.60 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-169) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-005\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 111 - Grade Unit: g/t - Intercept: 0.75 m - From: 61.65 m - To: 62.4 m - Intercept Depth: 61.65 m #### Classification - Sample Type: drill - Group ID: LS26-005\*:61.65-62.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 111 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 83.3 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 111.0 Context: including #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-170) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-005 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 10.3 - Grade Unit: g/t - Intercept: 0.5 m - From: 171 m - To: 171.5 m - Intercept Depth: 171 m #### Classification - Sample Type: drill - Group ID: LS26-005:171-171.5 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 10.3 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 5.2 g/t·m is below \(grade alone is strong; the better of the two is used\). - Positive factor: 10.3 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 10.30 Context: LS26-005 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-171) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-005 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 14.4 - Grade Unit: g/t - Intercept: 0.5 m - From: 171 m - To: 171.5 m - Intercept Depth: 171 m #### Classification - Sample Type: drill - Group ID: LS26-005:171-171.5 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 14.4 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 7.2 g/t·m is below. - Negative factor: 14.4 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 14.4 Context: LS26-005 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-172) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-005 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.95 - Grade Unit: g/t - Intercept: 2 m - From: 194 m - To: 196 m - Intercept Depth: 194 m #### Classification - Sample Type: drill - Group ID: LS26-005:194-196 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.95 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.9 g/t·m is below. - Negative factor: 0.95 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.95 Context: LS26-005 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-173) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-005 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 32 - Grade Unit: g/t - Intercept: 2 m - From: 194 m - To: 196 m - Intercept Depth: 194 m #### Classification - Sample Type: drill - Group ID: LS26-005:194-196 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 32 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 64.0 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 32.0 Context: LS26-005 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-174) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-005 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.03 - Grade Unit: g/t - Intercept: 1 m - From: 207 m - To: 208 m - Intercept Depth: 207 m #### Classification - Sample Type: drill - Group ID: LS26-005:207-208 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 1.03 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.0 g/t·m is below. - Negative factor: 1.03 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.03 Context: LS26-005 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-175) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-005 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 60.5 - Grade Unit: g/t - Intercept: 1 m - From: 207 m - To: 208 m - Intercept Depth: 207 m #### Classification - Sample Type: drill - Group ID: LS26-005:207-208 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 60.5 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 60.5 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 60.5 Context: LS26-005 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-176) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-005\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 10.55 - Grade Unit: g/t - Intercept: 1.2 m - From: 239.2 m - To: 240.4 m - Intercept Depth: 239.2 m #### Classification - Sample Type: drill - Group ID: LS26-005\*:239.2-240.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 10.55 g/t gold is strong against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 12.7 g/t·m is weak \(grade alone is strong; the better of the two is used\). - Positive factor: 10.55 g/t gold is strong on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 10.55 Context: LS26-005\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-005\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-177) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-005\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 8 - Grade Unit: g/t - Intercept: 1.2 m - From: 239.2 m - To: 240.4 m - Intercept Depth: 239.2 m #### Classification - Sample Type: drill - Group ID: LS26-005\*:239.2-240.4 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 8 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 9.6 g/t·m is below. - Negative factor: 8 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 8.0 Context: LS26-005\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-006\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-178) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-006\* - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.22 - Grade Unit: g/t - Intercept: 1 m - From: 66 m - To: 67 m - Intercept Depth: 66 m #### Classification - Sample Type: drill - Group ID: LS26-006\*:66-67 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 1.22 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.2 g/t·m is below. - Negative factor: 1.22 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.22 Context: LS26-006\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-006\* [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-179) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-006\* - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 149.1 - Grade Unit: g/t - Intercept: 1 m - From: 66 m - To: 67 m - Intercept Depth: 66 m #### Classification - Sample Type: drill - Group ID: LS26-006\*:66-67 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 149.1 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 149.1 g/t·m is below \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 149.1 Context: LS26-006\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-180) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-006 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.49 - Grade Unit: g/t - Intercept: 0.75 m - From: 117.55 m - To: 118.3 m - Intercept Depth: 117.55 m #### Classification - Sample Type: drill - Group ID: LS26-006:117.55-118.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 1.49 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.1 g/t·m is below. - Negative factor: 1.49 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.49 Context: LS26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-006 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-181) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-006 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 50.7 - Grade Unit: g/t - Intercept: 0.75 m - From: 117.55 m - To: 118.3 m - Intercept Depth: 117.55 m #### Classification - Sample Type: drill - Group ID: LS26-006:117.55-118.3 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 50.7 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 38.0 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 50.7 Context: LS26-006 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-182) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.95 - Grade Unit: g/t - Intercept: 0.55 m - From: 58.2 m - To: 58.75 m - Intercept Depth: 58.2 m #### Classification - Sample Type: drill - Group ID: LS26-007:58.2-58.75 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.95 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.5 g/t·m is below. - Negative factor: 0.95 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.95 Context: LS26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-183) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 53.7 - Grade Unit: g/t - Intercept: 0.55 m - From: 58.2 m - To: 58.75 m - Intercept Depth: 58.2 m #### Classification - Sample Type: drill - Group ID: LS26-007:58.2-58.75 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 53.7 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 29.5 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 53.7 Context: LS26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-184) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 0.65 - Grade Unit: g/t - Intercept: 6.75 m - From: 81.9 m - To: 88.65 m - Intercept Depth: 81.9 m #### Classification - Sample Type: drill - Group ID: LS26-007:81.9-88.65 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 0.65 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 4.4 g/t·m is below. - Negative factor: 0.65 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 0.65 Context: LS26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-185) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 23.4 - Grade Unit: g/t - Intercept: 6.75 m - From: 81.9 m - To: 88.65 m - Intercept Depth: 81.9 m #### Classification - Sample Type: drill - Group ID: LS26-007:81.9-88.65 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 23.4 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 157.9 g/t·m is below. - Negative factor: 23.4 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 23.4 Context: LS26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-186) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 5.23 - Grade Unit: g/t - Intercept: 3.25 m - From: 92 m - To: 95.25 m - Intercept Depth: 92 m #### Classification - Sample Type: drill - Group ID: LS26-007:92-95.25 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 5.23 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 17.0 g/t·m is weak \(grade alone is moderate; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 5.23 Context: LS26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-187) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 30.5 - Grade Unit: g/t - Intercept: 3.25 m - From: 92 m - To: 95.25 m - Intercept Depth: 92 m #### Classification - Sample Type: drill - Group ID: LS26-007:92-95.25 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 30.5 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 99.1 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 30.5 Context: LS26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-188) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 19.45 - Grade Unit: g/t - Intercept: 0.85 m - From: 94.4 m - To: 95.25 m - Intercept Depth: 94.4 m #### Classification - Sample Type: drill - Group ID: LS26-007:94.4-95.25 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 19.45 g/t gold is exceptional against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 16.5 g/t·m is weak \(grade alone is exceptional; the better of the two is used\). - Positive factor: 19.45 g/t gold is exceptional on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 19.45 Context: Including\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-189) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 96.8 - Grade Unit: g/t - Intercept: 0.85 m - From: 94.4 m - To: 95.25 m - Intercept Depth: 94.4 m #### Classification - Sample Type: drill - Group ID: LS26-007:94.4-95.25 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 96.8 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 82.3 g/t·m is below \(grade alone is weak; the better of the two is used\). - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 96.8 Context: Including\* #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-190) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 1.7 - Grade Unit: g/t - Intercept: 0.5 m - From: 99.75 m - To: 100.25 m - Intercept Depth: 99.75 m #### Classification - Sample Type: drill - Group ID: LS26-007:99.75-100.25 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 1.7 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.8 g/t·m is below. - Negative factor: 1.7 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 1.70 Context: LS26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-191) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 10.8 - Grade Unit: g/t - Intercept: 0.5 m - From: 99.75 m - To: 100.25 m - Intercept Depth: 99.75 m #### Classification - Sample Type: drill - Group ID: LS26-007:99.75-100.25 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 10.8 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 5.4 g/t·m is below. - Negative factor: 10.8 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 10.8 Context: LS26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-192) Copalquin Target 1 · gold #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 2.04 - Grade Unit: g/t - Intercept: 0.85 m - From: 293.15 m - To: 294 m - Intercept Depth: 293.15 m #### Classification - Sample Type: drill - Group ID: LS26-007:293.15-294 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 2.04 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.7 g/t·m is below. - Negative factor: 2.04 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 2.04 Context: LS26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### LS26-007 [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-drill-facts-193) Copalquin Target 1 · silver #### Identity - Hole ID: LS26-007 - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: mexico - Ticker: MSG #### Geometry - Grade: 5.8 - Grade Unit: g/t - Intercept: 0.85 m - From: 293.15 m - To: 294 m - Intercept Depth: 293.15 m #### Classification - Sample Type: drill - Group ID: LS26-007:293.15-294 - Mining Method: underground #### QA/QC - Laboratory: ALS Global - QP Signed: Yes #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: Expanded from assay table. 5.8 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 4.9 g/t·m is below. - Negative factor: 5.8 g/t silver is below the weak threshold \(30 g/t\) on the default band. - Negative factor: Scored from rubric bands during table expansion, not from document context. Evidence · table > 5.8 Context: LS26-007 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## Resource Estimates (2) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-resource-facts-0) Copalquin Target 1 · gold Historical result Needs review: historical\_restatement #### Identity - Project: Copalquin Target 1 - Commodity: gold - Region: mexico - Reported Region: Durango State, Mexico - Ticker: MSG #### Resource scope - Estimate type: resource - Effective date: 2026-06-29T00:00:00.000Z - Reporting standards: jorc, other - QP Signed: Yes - Qualified person names: John Sims - Resource group id: resource:ee345cb20f12916e3f61 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1436000 - Grade: 2.23 - Grade Unit: g/t - Contained Metal: 103 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2026-06-29 #### Metal Equivalent - Metal Eq. Grade: 3.28 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS Global #### Location - Loc. Confidence: inferred #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: The total Inferred gold resource adds to the overall potential but with lower confidence than Indicated resources. - Positive factor: Resource constrained within preliminary underground mining shapes for realism - Negative factor: Lower confidence resource category \(Inferred\) Evidence · table > 2.23 Context: 1,436 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/updated-mithril-silver-and-gold-june-2026-quarterly-report-upgraded-t1-mre-and-d--22294235-02b7-4cd1-ab1a-147fb1851afb#fact-resource-facts-1) Copalquin Target 1 · silver Historical result Needs review: historical\_restatement #### Identity - Project: Copalquin Target 1 - Commodity: silver - Region: mexico - Reported Region: Durango State, Mexico - Ticker: MSG #### Resource scope - Estimate type: resource - Effective date: 2026-06-29T00:00:00.000Z - Reporting standards: jorc, other - QP Signed: Yes - Qualified person names: John Sims - Resource group id: resource:ee345cb20f12916e3f61 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1436000 - Grade: 73.6 - Grade Unit: g/t - Contained Metal: 3398 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2026-06-29 #### Metal Equivalent - Metal Eq. Grade: 3.28 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Lab - Laboratory: ALS Global #### Location - Loc. Confidence: inferred #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-07-31T00:00:00.000Z Reasoning: The total Inferred silver resource adds to the overall potential but with lower confidence than Indicated resources. - Positive factor: Resource constrained within preliminary underground mining shapes for realism - Negative factor: Lower confidence resource category \(Inferred\) Evidence · table > 73.6 Context: 1,436 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ## 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.