Auro Intersects 496.5m Grading 0.76 g/t Gold and 0.12% Copper, Including 212.5m Grading 1.12 g/t Au and 0.14% Copper at the Santa Barbara Gold-Copper Project, Ecuador

Original announcement by newsfile on

Company
Auro Metals Inc.
Ticker
AURO
Exchange
Unavailable
Region
Ecuador
Primary commodity
Gold
Secondary commodities
Copper
Document categories
Drill results
Extracted
2026-08-19 18:40:18 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Auro Metals Inc. announced strong drill results from its Santa Barbara Gold-Copper Project in Ecuador, highlighted by a 496.5m intercept grading 0.76 g/t gold and 0.12% copper in hole DSB-61, including a higher-grade zone of 212.5m at 1.12 g/t gold. These results, along with other wide intercepts in DSB-66 and DSB-67, confirm the continuity and extension of the porphyry mineralization. The company noted that the DSB-61 sub-interval represents the highest gold grade intersected to date, supporting the potential for future resource upgrades.

Reasoning: The drill results from the Santa Barbara Gold-Copper Project are highly positive, with several wide intercepts showing strong to exceptional gold grades for a porphyry system, notably DSB-61. The program successfully extended known mineralization, indicating significant scale and potential for resource upgrades. Robust QA/QC and transparent reporting further bolster confidence, although the lack of true width disclosure and weaker copper grades are minor drawbacks.

Positive factors

  • Exceptional gold grades over very wide intercepts for a porphyry deposit, particularly in DSB-61, which includes the highest gold grade intersected by the company to date.
  • Significant step-out drilling successfully extended mineralization up-dip, down-dip, and at depth, demonstrating continuity and scale.
  • Comprehensive QA/QC procedures disclosed, including an ISO/IEC 17025 accredited lab and QP sign-off, enhancing data reliability.
  • Clear disclosure of cut-off grade and metal equivalent assumptions provides transparency.

Negative factors

  • True width of mineralization is unknown, which can lead to overestimation of actual thickness.
  • Copper grades are generally weak for a porphyry, with gold being the primary driver of value.

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

Facts used in scoring: 16

Atlas analysis — Auro Metals Inc.: Auro Intersects 496.5m Grading 0.76 g/t Gold and 0.12% Copper, Including 212.5m Grading 1.12 g/t Au and 0.14% Copper at the Santa Barbara Gold-Copper Project, Ecuador. 0.76 g/t over 496.5 m; 0.71 g/t over 380 m; 0.35 g/t over 50 m

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The sub-interval in DSB-61 of 212.5m grading 1.12 g/t Au is an exceptional gold grade for a porphyry deposit, exceeding the 1 g/t threshold and noted as the highest gold grade intersected by the company to date.

Evidence · text

“212.5m grading 1.12 g/t Au and 0.14% Cu”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Hole DSB-61 was drilled to test the western extension of the mineralized zone, and DSB-65, DSB-66, DSB-67 were drilled to test up-dip extensions, indicating successful expansion of the known mineralization footprint.

Evidence · text

“Hole DSB-61 was a step-out hole drilled around 70m to the west of the historical hole DSB-22 to a depth of 720.6m to test the western extension of the mineralized zone”

QA/QC Disclosedpositive

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

Why it applies: The release explicitly details QA/QC procedures, including the use of an ISO/IEC 17025 accredited laboratory (SGS) and the insertion of certified reference materials, blanks, and duplicates, with sign-off by a Qualified Person.

Evidence · text

“All samples in respect of the exploration program at the Project discussed in this news release were shipped in securely-sealed bags by a chartered commercial truck, directly from the field to the sample preparation facilities of SGS in Guayaquil, Ecuador for preparation, and to SGS in Lima, Peru for geochemical analysis. SGS is a global leader in inspection, verification, testing, and certification. It is an ISO/IEC 17025 accredited laboratory independent from Auro. All samples go through fire assay (SGS code FAA313) for gold and multi-acid digestion ICP-AES multi-element assay (SGS code ICP40B) for other elements. Certified reference materials, various types of blank samples and duplicate samples are inserted into normal drill core sample sequences prior to delivery to laboratory for preparation and analysis. The overall ratio of quality control samples in sample sequences is around twenty percent. The scientific and technical information contained in this news release has been reviewed and approved by Alex Zhang, P. Geo., a Director of the Company, who is a Qualified Person for the purposes of National Instrument 43-101 — Standards of Disclosure for Mineral Projects ( 'NI 43-101').”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The cut-off grade used for the calculation of drill intercepts is clearly stated as 0.2 g/t Au.

Evidence · text

“A cut-off of 0.2 g/t Au is applied for calculation of drill intercept.”

Apparent Width Onlynegative

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

Why it applies: The document explicitly states that the true width of mineralization is unknown for the reported intercepts.

Evidence · text

“True width of mineralization is unknown.”

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The cut-off grade of 0.2 g/t Au used for reporting drill intercepts is explicitly stated.

Evidence · text

“A cut-off of 0.2 g/t Au is applied for calculation of drill intercept.”

Extracted facts

Stored fact records: 16. Some facts used in scoring do not have a stored record.

Drill Results (16)

DSB-61Santa Barbara Gold-Copper Project · goldGrade: 0.76Grade Unit: g/tIntercept: 496.5 mView all details
Link to this fact

Identity

Hole ID
DSB-61
Project
Santa Barbara Gold-Copper Project
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.76
Grade Unit
g/t
Intercept
496.5 m
From
88.5 m
To
585 m
Hole Depth
720.6 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-61:88.5-585.0
Mining Method
open_pit

Location

Easting
765557.28
Northing
9544184.88
CRS
PSAD56 UTM Zone 17S
Elevation
990.14 m
Azimuth
236 °
Dip
-77.5 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: This intercept represents a very wide zone of strong gold mineralization in a porphyry setting, contributing significantly to the project's scale and potential.

Positive factors

  • Exceptional gold grade-width product (377.34 g/t·m) for a porphyry deposit.
  • Very wide intercept (496.5m) indicating significant mineralization continuity.
  • Part of a step-out hole testing western extension, indicating successful expansion of the mineralized zone.

Negative factors

  • True width of mineralization is unknown.

Evidence · table

“0.76”

Context: 496.50

DSB-61Santa Barbara Gold-Copper Project · copperGrade: 0.12Grade Unit: %Intercept: 496.5 mView all details
Link to this fact

Identity

Hole ID
DSB-61
Project
Santa Barbara Gold-Copper Project
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.12
Grade Unit
%
Intercept
496.5 m
From
88.5 m
To
585 m
Hole Depth
720.6 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-61:88.5-585.0
Mining Method
open_pit

Location

Easting
765557.28
Northing
9544184.88
CRS
PSAD56 UTM Zone 17S
Elevation
990.14 m
Azimuth
236 °
Dip
-77.5 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: While the gold grade is strong, the copper grade for this wide intercept is weak in a porphyry context, suggesting it contributes less to the overall economic viability of this specific interval.

Negative factors

  • Copper grade (0.12%) is weak for a porphyry deposit, indicating it is a byproduct rather than a primary driver of value for this interval.

Evidence · table

“0.12”

Context: 496.50

DSB-61Santa Barbara Gold-Copper Project · goldGrade: 1.12Grade Unit: g/tIntercept: 212.5 mView all details
Link to this fact

Identity

Hole ID
DSB-61
Project
Santa Barbara Gold-Copper Project
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
1.12
Grade Unit
g/t
Intercept
212.5 m
From
117 m
To
329.5 m
Hole Depth
720.6 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-61:117.0-329.5
Mining Method
open_pit

Location

Easting
765557.28
Northing
9544184.88
CRS
PSAD56 UTM Zone 17S
Elevation
990.14 m
Azimuth
236 °
Dip
-77.5 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Metal Eq. Grade
1.15
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: This sub-interval represents an exceptional and highly material gold intercept, setting a new high for the company and strongly supporting the project's potential for high-grade zones within the broader mineralization.

Positive factors

  • Exceptional gold grade (1.12 g/t) for a porphyry deposit, exceeding the 1 g/t threshold.
  • Very wide intercept (212.5m) with a strong grade-width product (238 g/t·m).
  • Reported as the highest gold grade intersected by the company to date, indicating high novelty and significance.
  • Significantly higher gold grade (115% higher) than the inferred resource, suggesting potential for resource upgrade.

Negative factors

  • True width of mineralization is unknown.

Evidence · table

“1.12”

Context: 212.50

DSB-61Santa Barbara Gold-Copper Project · copperGrade: 0.14Grade Unit: %Intercept: 212.5 mView all details
Link to this fact

Identity

Hole ID
DSB-61
Project
Santa Barbara Gold-Copper Project
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.14
Grade Unit
%
Intercept
212.5 m
From
117 m
To
329.5 m
Hole Depth
720.6 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-61:117.0-329.5
Mining Method
open_pit

Location

Easting
765557.28
Northing
9544184.88
CRS
PSAD56 UTM Zone 17S
Elevation
990.14 m
Azimuth
236 °
Dip
-77.5 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: Despite the strong gold grade, the copper grade for this sub-interval remains weak in a porphyry context, limiting its individual contribution to overall economic viability.

Negative factors

  • Copper grade (0.14%) is weak for a porphyry deposit, indicating it is a byproduct rather than a primary driver of value for this interval.

Evidence · table

“0.14”

Context: 212.50

DSB-61Santa Barbara Gold-Copper Project · goldGrade: 0.59Grade Unit: g/tIntercept: 10.65 mView all details
Link to this fact

Identity

Hole ID
DSB-61
Project
Santa Barbara Gold-Copper Project
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.59
Grade Unit
g/t
Intercept
10.65 m
From
709.95 m
To
720.6 m
Hole Depth
720.6 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-61:709.95-720.6
Mining Method
open_pit

Location

Easting
765557.28
Northing
9544184.88
CRS
PSAD56 UTM Zone 17S
Elevation
990.14 m
Azimuth
236 °
Dip
-77.5 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: This intercept shows good gold grades at depth, with mineralization continuing, which is a positive indicator for further exploration, despite its narrower width.

Positive factors

  • Strong gold grade (0.59 g/t) for a porphyry deposit.
  • Mineralization continues to the end of the hole, suggesting further potential at depth.

Negative factors

  • Relatively narrow intercept (10.65m) compared to other reported intervals.
  • True width of mineralization is unknown.

Evidence · table

“0.59”

Context: 10.65

DSB-61Santa Barbara Gold-Copper Project · copperGrade: 0.08Grade Unit: %Intercept: 10.65 mView all details
Link to this fact

Identity

Hole ID
DSB-61
Project
Santa Barbara Gold-Copper Project
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.08
Grade Unit
%
Intercept
10.65 m
From
709.95 m
To
720.6 m
Hole Depth
720.6 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-61:709.95-720.6
Mining Method
open_pit

Location

Easting
765557.28
Northing
9544184.88
CRS
PSAD56 UTM Zone 17S
Elevation
990.14 m
Azimuth
236 °
Dip
-77.5 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: The copper grade for this interval is weak, contributing minimally to the overall economic potential of this specific intercept.

Negative factors

  • Copper grade (0.08%) is weak for a porphyry deposit.

Evidence · table

“0.08”

Context: 10.65

DSB-65Santa Barbara Gold-Copper Project · goldGrade: 0.3Grade Unit: g/tIntercept: 16.5 mView all details
Link to this fact

Identity

Hole ID
DSB-65
Project
Santa Barbara Gold-Copper Project
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
16.5 m
From
86.5 m
To
103 m
Hole Depth
379.8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-65:86.5-103.0
Mining Method
open_pit

Location

Easting
765463.12
Northing
9544268.74
CRS
PSAD56 UTM Zone 17S
Elevation
1030.43 m
Azimuth
240 °
Dip
-70 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Metal Eq. Grade
0.32
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a narrow width, contributing to the overall understanding of mineralization but not a highlight.

Positive factors

  • Moderate gold grade (0.30 g/t) for a porphyry deposit.

Negative factors

  • Relatively narrow intercept (16.5m).
  • True width of mineralization is unknown.

Evidence · table

“0.30”

Context: 16.50

DSB-65Santa Barbara Gold-Copper Project · copperGrade: 0.09Grade Unit: %Intercept: 16.5 mView all details
Link to this fact

Identity

Hole ID
DSB-65
Project
Santa Barbara Gold-Copper Project
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.09
Grade Unit
%
Intercept
16.5 m
From
86.5 m
To
103 m
Hole Depth
379.8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-65:86.5-103.0
Mining Method
open_pit

Location

Easting
765463.12
Northing
9544268.74
CRS
PSAD56 UTM Zone 17S
Elevation
1030.43 m
Azimuth
240 °
Dip
-70 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: The copper grade for this interval is weak, contributing minimally to the overall economic potential of this specific intercept.

Negative factors

  • Copper grade (0.09%) is weak for a porphyry deposit.

Evidence · table

“0.09”

Context: 16.50

DSB-65Santa Barbara Gold-Copper Project · goldGrade: 0.31Grade Unit: g/tIntercept: 43.5 mView all details
Link to this fact

Identity

Hole ID
DSB-65
Project
Santa Barbara Gold-Copper Project
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.31
Grade Unit
g/t
Intercept
43.5 m
From
137 m
To
180.5 m
Hole Depth
379.8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-65:137.0-180.5
Mining Method
open_pit

Location

Easting
765463.12
Northing
9544268.74
CRS
PSAD56 UTM Zone 17S
Elevation
1030.43 m
Azimuth
240 °
Dip
-70 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Metal Eq. Grade
0.32
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a reasonable width, contributing to the overall understanding of mineralization continuity.

Positive factors

  • Moderate gold grade (0.31 g/t) over a moderate width (43.5m) for a porphyry deposit.

Negative factors

  • True width of mineralization is unknown.

Evidence · table

“0.31”

Context: 43.50

DSB-65Santa Barbara Gold-Copper Project · copperGrade: 0.04Grade Unit: %Intercept: 43.5 mView all details
Link to this fact

Identity

Hole ID
DSB-65
Project
Santa Barbara Gold-Copper Project
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.04
Grade Unit
%
Intercept
43.5 m
From
137 m
To
180.5 m
Hole Depth
379.8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-65:137.0-180.5
Mining Method
open_pit

Location

Easting
765463.12
Northing
9544268.74
CRS
PSAD56 UTM Zone 17S
Elevation
1030.43 m
Azimuth
240 °
Dip
-70 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: The copper grade for this interval is very weak, contributing minimally to the overall economic potential of this specific intercept.

Negative factors

  • Copper grade (0.04%) is weak for a porphyry deposit.

Evidence · table

“0.04”

Context: 43.50

DSB-65Santa Barbara Gold-Copper Project · goldGrade: 0.35Grade Unit: g/tIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
DSB-65
Project
Santa Barbara Gold-Copper Project
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.35
Grade Unit
g/t
Intercept
50 m
From
192.5 m
To
242.5 m
Hole Depth
379.8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-65:192.5-242.5
Mining Method
open_pit

Location

Easting
765463.12
Northing
9544268.74
CRS
PSAD56 UTM Zone 17S
Elevation
1030.43 m
Azimuth
240 °
Dip
-70 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Metal Eq. Grade
0.37
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a reasonable width, contributing to the overall understanding of mineralization continuity.

Positive factors

  • Moderate gold grade (0.35 g/t) over a moderate width (50m) for a porphyry deposit.

Negative factors

  • True width of mineralization is unknown.

Evidence · table

“0.35”

Context: 50.00

DSB-65Santa Barbara Gold-Copper Project · copperGrade: 0.07Grade Unit: %Intercept: 50 mView all details
Link to this fact

Identity

Hole ID
DSB-65
Project
Santa Barbara Gold-Copper Project
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.07
Grade Unit
%
Intercept
50 m
From
192.5 m
To
242.5 m
Hole Depth
379.8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-65:192.5-242.5
Mining Method
open_pit

Location

Easting
765463.12
Northing
9544268.74
CRS
PSAD56 UTM Zone 17S
Elevation
1030.43 m
Azimuth
240 °
Dip
-70 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: The copper grade for this interval is weak, contributing minimally to the overall economic potential of this specific intercept.

Negative factors

  • Copper grade (0.07%) is weak for a porphyry deposit.

Evidence · table

“0.07”

Context: 50.00

DSB-66Santa Barbara Gold-Copper Project · goldGrade: 0.51Grade Unit: g/tIntercept: 287 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DSB-66
Project
Santa Barbara Gold-Copper Project
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
287 m
From
0 m
To
287 m
Hole Depth
312.15 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-66:0.0-287.0
Mining Method
open_pit

Location

Easting
765427.24
Northing
9544493.67
CRS
PSAD56 UTM Zone 17S
Elevation
909.15 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Metal Eq. Grade
0.53
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: This intercept demonstrates significant near-surface gold mineralization over a wide interval, indicating strong potential for resource expansion and favorable mining conditions.

Positive factors

  • Strong gold grade (0.51 g/t) over a very wide intercept (287m) for a porphyry deposit.
  • Mineralization starts from surface, which is favorable for potential open-pit mining.
  • Drill results indicate mineralization is open in the up-dip direction, suggesting further expansion potential.

Negative factors

  • True width of mineralization is unknown.

Evidence · table

“0.51”

Context: 287.00

DSB-66Santa Barbara Gold-Copper Project · copperGrade: 0.08Grade Unit: %Intercept: 287 mView all details
Link to this fact

Identity

Hole ID
DSB-66
Project
Santa Barbara Gold-Copper Project
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.08
Grade Unit
%
Intercept
287 m
From
0 m
To
287 m
Hole Depth
312.15 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-66:0.0-287.0
Mining Method
open_pit

Location

Easting
765427.24
Northing
9544493.67
CRS
PSAD56 UTM Zone 17S
Elevation
909.15 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: The copper grade for this interval is weak, contributing minimally to the overall economic potential of this specific intercept.

Negative factors

  • Copper grade (0.08%) is weak for a porphyry deposit.

Evidence · table

“0.08”

Context: 287.00

DSB-67Santa Barbara Gold-Copper Project · goldGrade: 0.71Grade Unit: g/tIntercept: 380 mView all details
Link to this fact

Identity

Hole ID
DSB-67
Project
Santa Barbara Gold-Copper Project
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
380 m
From
76.5 m
To
456.5 m
Hole Depth
599 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-67:76.5-456.5
Mining Method
open_pit

Location

Easting
765258.71
Northing
9544399.36
CRS
PSAD56 UTM Zone 17S
Elevation
1040.33 m
Azimuth
80 °
Dip
-52 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Metal Eq. Grade
0.73
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: This intercept confirms significant gold mineralization over a wide interval, demonstrating good continuity and extending the known mineralized zone up-dip.

Positive factors

  • Strong gold grade (0.71 g/t) over a very wide intercept (380m) for a porphyry deposit.
  • Drill results indicate mineralization extends in the up-dip direction and shows good continuity with previously drilled holes.

Negative factors

  • True width of mineralization is unknown.

Evidence · table

“0.71”

Context: 380.00

DSB-67Santa Barbara Gold-Copper Project · copperGrade: 0.1Grade Unit: %Intercept: 380 mView all details
Link to this fact

Identity

Hole ID
DSB-67
Project
Santa Barbara Gold-Copper Project
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Geometry

Grade
0.1
Grade Unit
%
Intercept
380 m
From
76.5 m
To
456.5 m
Hole Depth
599 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-67:76.5-456.5
Mining Method
open_pit

Location

Easting
765258.71
Northing
9544399.36
CRS
PSAD56 UTM Zone 17S
Elevation
1040.33 m
Azimuth
80 °
Dip
-52 °
Loc. Confidence
high

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Metal Equivalent

Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-18T00:00:00.000Z

Reasoning: The copper grade for this interval is weak, contributing minimally to the overall economic potential of this specific intercept.

Negative factors

  • Copper grade (0.10%) is weak for a porphyry deposit.

Evidence · table

“0.10”

Context: 380.00

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.