Wayka's Kelly Zone Channel 21 Returns 0.98 g/t gold over 11.0 metres
Original announcement by tmx on
- Company
- Lucky Minerals Inc.
- Ticker
- LKY
- Exchange
- TSX
- Region
- Ecuador
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results
- Extracted
- 2026-09-12 11:48:41 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lucky Minerals reported gold assay results from channel sampling at the Kelly Zone of the Fortuna Property in Ecuador. The results include a 0.98 g/t gold intercept over 11.0 metres within a larger 25-metre interval, confirming a significant mineralized breccia zone.
Reasoning: Channel sampling results confirm gold presence in a newly identified 100m strike breccia zone, supported by robust QA/QC disclosure.
Positive factors
- confirmed gold mineralisation in a large breccia zone
- extension of mineralized strike length to 100m
- QA/QC protocols and accredited lab disclosed
Facts used in scoring: 5
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes details on blanks, standards, and duplicates, and names an ISO certified lab.
Evidence · text
“All exploration work is completed following QA/QC protocols and include the insertion of a coarse blank, a standard and duplicate sample on every batch of 25 samples.”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
C-21Fortuna Property · goldGrade: 0.46Grade Unit: g/tIntercept: 25 mView all detailsHide details
Identity
- Hole ID
- C-21
- Project
- Fortuna Property
- Commodity
- gold
- Region
- ecuador
- Reported Region
- Ecuador
- Ticker
- LKY
Geometry
- Grade
- 0.46
- Grade Unit
- g/t
- Intercept
- 25 m
Classification
- Sample Type
- channel
- Group ID
- C-21:0-25
- Mining Method
- unknown
Location
- Location
- Kelly Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Chemex Labs
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-01-17T00:00:00.000Z
Reasoning: Moderate grade intercept confirming continuity in the Kelly Zone breccia.
Positive factors
- confirms mineralisation in breccia
Evidence · text
“Kelly Zone (North Wayka) channel 21 (C-21) returns 0.46 g/t gold over 25 metres”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
C-21Fortuna Property · goldGrade: 0.98Grade Unit: g/tIntercept: 11 mView all detailsHide details
Identity
- Hole ID
- C-21
- Project
- Fortuna Property
- Commodity
- gold
- Region
- ecuador
- Reported Region
- Ecuador
- Ticker
- LKY
Geometry
- Grade
- 0.98
- Grade Unit
- g/t
- Intercept
- 11 m
Classification
- Sample Type
- channel
- Group ID
- C-21:0-25
- Mining Method
- unknown
Location
- Location
- Kelly Zone
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Chemex Labs
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-01-17T00:00:00.000Z
Reasoning: Stronger grade sub-interval within the C-21 channel.
Positive factors
- higher grade sub-interval
Evidence · text
“including 0.98 g/t gold over 11 metres”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
T-12Fortuna Property · goldGrade: 1.21Grade Unit: g/tIntercept: 10 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- T-12
- Project
- Fortuna Property
- Commodity
- gold
- Region
- ecuador
- Reported Region
- Ecuador
- Ticker
- LKY
Geometry
- Grade
- 1.21
- Grade Unit
- g/t
- Intercept
- 10 m
Classification
- Sample Type
- channel
- Group ID
- T-12:0-10
- Mining Method
- unknown
Location
- Location
- Kelly Zone
- Loc. Source
- document
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-10-25T00:00:00.000Z
Dates
- Event date
- 2023-01-17T00:00:00.000Z
Reasoning: Historical result restated for context.
Negative factors
- historical data
Evidence · text
“trench 12 (T-12), which returned an average of 1.21 g/t gold over 10 metres (Please see news release October 25, 2021)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
C-15Fortuna Property · goldGrade: 0.19Grade Unit: g/tIntercept: 19 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- C-15
- Project
- Fortuna Property
- Commodity
- gold
- Region
- ecuador
- Reported Region
- Ecuador
- Ticker
- LKY
Geometry
- Grade
- 0.19
- Grade Unit
- g/t
- Intercept
- 19 m
Classification
- Sample Type
- channel
- Group ID
- C-15:0-19
- Mining Method
- unknown
Location
- Location
- Kelly Zone
- Loc. Source
- document
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-01-17T00:00:00.000Z
Reasoning: Low grade intercept.
Evidence · text
“Channel 15 returned 19 metres with 0.19 g/t gold”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
C-20Fortuna Property · goldGrade: 1.04Grade Unit: g/tIntercept: 13 mHistorical resultNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- C-20
- Project
- Fortuna Property
- Commodity
- gold
- Region
- ecuador
- Reported Region
- Ecuador
- Ticker
- LKY
Geometry
- Grade
- 1.04
- Grade Unit
- g/t
- Intercept
- 13 m
Classification
- Sample Type
- channel
- Group ID
- C-20:0-13
- Mining Method
- unknown
Location
- Location
- Kelly Zone
- Loc. Source
- document
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2022-12-12T00:00:00.000Z
Dates
- Event date
- 2023-01-17T00:00:00.000Z
Reasoning: Historical result restated for context.
Negative factors
- historical data
Evidence · text
“Channel 20 returned 1.04 g/t gold across 13 meters (Please see news release December 12, 2022)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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.