# Angel Wing Metals Provides Exploration Update and Files NI 43-101 Geological Report at La Reyna Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/angel-wing-metals-provides-exploration-update-and-files-ni-43-101-geological-rep--278bf66a-1b65-4f55-b564-d9235c2830a6

Original source: https://money.tmx.com/en/quote/AWM/news/8378417046980780/angel-wing-metals-provides-exploration-update-and-files-ni-43-101-geological-rep

Publisher: tmx

Original announcement: 2024-01-23T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Angel Wing Metals Inc.

- Ticker: AWM

- Exchange: TSX

- Region: Nayarit State, Mexico

- Primary commodity: Gold

- Secondary commodities: Silver, Copper, Cobalt, Bismuth, Molybdenum, Lead, Zinc

- Document categories: Drill results, Other

- Extracted: 2026-08-21 10:59:08 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Angel Wing Metals has provided an exploration update for the La Reyna gold project in Mexico, reporting high-grade surface gold and silver intercepts from outcrop and soil sampling. The company has secured drill permits and is preparing for a 4,000-metre diamond drilling program to test high-priority targets.

Reasoning: The release reports significant high-grade surface geochemistry and outcrop sampling across multiple targets, establishing high potential for a future drill program, though no actual drill intercepts are reported yet.

- Positive factor: High-grade surface intercepts \(27.12 g/t Au\)

- Positive factor: Large alteration zone \(70 km2\)

- Positive factor: QA/QC protocols disclosed

- Positive factor: Permits secured

- Negative factor: Results are from surface outcrop/soil sampling only, not drill intercepts

- Negative factor: Early-stage exploration

Facts used in scoring: 4

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: Release details SGS lab certification, use of blanks, standards, and duplicates.

Evidence · text

> Control samples comprising certified reference samples, duplicates and blank samples were systematically inserted

**Bonanza Intercept**

Polarity: positive

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

Why it applies: Surface channel sample returned 27.1 g/t Au.

Evidence · text

> 0.45 m channel sample returned 27.1 g/t Au

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (4)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/angel-wing-metals-provides-exploration-update-and-files-ni-43-101-geological-rep--278bf66a-1b65-4f55-b564-d9235c2830a6#fact-drill-facts-0)

La Reyna Project · gold

#### Identity

- Project: La Reyna Project
- Commodity: gold
- Region: mexico
- Reported Region: Nayarit State, Mexico
- Ticker: AWM

#### Geometry

- Grade: 27.12
- Grade Unit: g/t Au

#### Classification

- Sample Type: surface

#### QA/QC

- Laboratory: SGS
- 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: 2024-01-23T00:00:00.000Z

Reasoning: 27.12 g/t Au is an exceptional surface grade for an epithermal-porphyry system.

- Positive factor: High grade

- Negative factor: Surface sample only

Evidence · text

> Assay results returned nil to 27.12 grams per tonne gold \(g/t Au\)

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/angel-wing-metals-provides-exploration-update-and-files-ni-43-101-geological-rep--278bf66a-1b65-4f55-b564-d9235c2830a6#fact-drill-facts-1)

La Reyna Project · silver

#### Identity

- Project: La Reyna Project
- Commodity: silver
- Region: mexico
- Reported Region: Nayarit State, Mexico
- Ticker: AWM

#### Geometry

- Grade: 2938
- Grade Unit: g/t Ag

#### Classification

- Sample Type: surface

#### QA/QC

- Laboratory: SGS
- 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: 2024-01-23T00:00:00.000Z

Reasoning: 2,938 g/t Ag is an exceptional surface grade.

- Positive factor: High grade

- Negative factor: Surface sample only

Evidence · text

> nil to 2,938 g/t silver \(Ag\) from outcrop chip samples

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/angel-wing-metals-provides-exploration-update-and-files-ni-43-101-geological-rep--278bf66a-1b65-4f55-b564-d9235c2830a6#fact-drill-facts-2)

La Reyna Project · gold

#### Identity

- Project: La Reyna Project
- Commodity: gold
- Region: mexico
- Reported Region: Nayarit State, Mexico
- Ticker: AWM

#### Geometry

- Grade: 27.1
- Grade Unit: g/t Au
- Intercept: 0.45 m

#### Classification

- Sample Type: surface

#### QA/QC

- Laboratory: SGS
- 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: 2024-01-23T00:00:00.000Z

Reasoning: 27.1 g/t Au in a 0.45m channel sample indicates a high-grade core in the fault breccia.

- Positive factor: High grade

- Negative factor: Channel sample only

Evidence · text

> 0.45 m channel sample returned 27.1 g/t Au

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/angel-wing-metals-provides-exploration-update-and-files-ni-43-101-geological-rep--278bf66a-1b65-4f55-b564-d9235c2830a6#fact-drill-facts-3)

La Reyna Project · silver

#### Identity

- Project: La Reyna Project
- Commodity: silver
- Region: mexico
- Reported Region: Nayarit State, Mexico
- Ticker: AWM

#### Geometry

- Grade: 92
- Grade Unit: g/t Ag
- Intercept: 0.45 m

#### Classification

- Sample Type: surface

#### QA/QC

- Laboratory: SGS
- 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: 2024-01-23T00:00:00.000Z

Reasoning: 92.0 g/t Ag accompanies high-grade gold in the channel sample.

- Positive factor: High grade

- Negative factor: Channel sample only

Evidence · text

> 0.45 m channel sample returned 27.1 g/t Au and 92.0 g/t Ag

## 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.