Excellon Drilling Confirms Grade and Width Below the 4090 Level at Mallay Silver Mine

Original announcement by orestocks on

Company
Excellon Resources Inc.
Ticker
EXN.TO
Exchange
Unavailable
Region
central Peru
Primary commodity
Silver
Secondary commodities
Lead, Zinc, Gold
Document categories
Drill results
Extracted
2026-09-21 12:16:41 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Excellon Resources announced drill results from its Mallay Silver-Lead-Zinc Mine in central Peru, confirming high-grade silver-lead-zinc continuity below the 4090 Level and identifying new wide mineralized zones outside the current resource. The program included the highest silver-equivalent intercept to date, supporting deeper mine development and potential resource expansion. The company plans to incorporate these results into an updated mine plan and schedule by year-end.

Reasoning: The drill results confirm high-grade silver-lead-zinc continuity at depth and identify new wide mineralized zones outside the current resource, which is highly positive for future mine planning and resource expansion at the Mallay mine. The highest AgEq intercept to date was reported, and QA/QC is well-disclosed.

Positive factors

  • High-grade silver-equivalent intercepts, including the highest to date, confirm strong grade and width continuity.
  • Drilling extends mineralization below the current operating level, supporting deeper mine development and planning.
  • Identification of wide mineralized zones (calc-silicate system) outside the current resource estimate presents significant growth potential.
  • QA/QC procedures are disclosed, including QP sign-off, certified lab, and insertion of blanks, standards, and duplicates.

Negative factors

  • True widths are approximated at 80% of core length, not explicitly stated for each intercept.
  • No specific cut-off grade for compositing is disclosed for the reported intervals.

Facts used in scoring: 107

Extracted facts

Stored fact records: 107. Some facts used in scoring do not have a stored record.

Drill Results (107)

MLL26-001Mallay · goldGrade: 0.03Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-001
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.03
Grade Unit
g/t
Intercept
1.8 m
From
178.6 m
To
180.4 m
Hole Depth
217 m
Intercept Depth
178.6 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-001:178.6-180.4
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4096 m
Azimuth
102 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
154
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.03”

Context: 1.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-001Mallay · silverGrade: 39Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-001
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
39
Grade Unit
g/t
Intercept
1.8 m
From
178.6 m
To
180.4 m
Hole Depth
217 m
Intercept Depth
178.6 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-001:178.6-180.4
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4096 m
Azimuth
102 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
154
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the weak grade band for epithermal deposits, contributing to overall mineralization but not a highlight.

Evidence · table

“39”

Context: 1.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-001Mallay · leadGrade: 1.52Grade Unit: %Intercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-001
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.52
Grade Unit
%
Intercept
1.8 m
From
178.6 m
To
180.4 m
Hole Depth
217 m
Intercept Depth
178.6 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-001:178.6-180.4
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4096 m
Azimuth
102 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
154
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“1.52”

Context: 1.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-001Mallay · zincGrade: 2.59Grade Unit: %Intercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-001
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.59
Grade Unit
%
Intercept
1.8 m
From
178.6 m
To
180.4 m
Hole Depth
217 m
Intercept Depth
178.6 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-001:178.6-180.4
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4096 m
Azimuth
102 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
154
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.59”

Context: 1.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-002Mallay · goldGrade: 0.12Grade Unit: g/tIntercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-002
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
6.8 m
From
209.1 m
To
215.9 m
Hole Depth
250 m
Intercept Depth
209.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-002:209.1-215.9
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
108 °
Dip
-30 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
195
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.12”

Context: 6.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-002Mallay · silverGrade: 97Grade Unit: g/tIntercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-002
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
97
Grade Unit
g/t
Intercept
6.8 m
From
209.1 m
To
215.9 m
Hole Depth
250 m
Intercept Depth
209.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-002:209.1-215.9
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
108 °
Dip
-30 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
195
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“97”

Context: 6.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-002Mallay · leadGrade: 1.21Grade Unit: %Intercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-002
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.21
Grade Unit
%
Intercept
6.8 m
From
209.1 m
To
215.9 m
Hole Depth
250 m
Intercept Depth
209.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-002:209.1-215.9
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
108 °
Dip
-30 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
195
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“1.21”

Context: 6.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-002Mallay · zincGrade: 2.29Grade Unit: %Intercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-002
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.29
Grade Unit
%
Intercept
6.8 m
From
209.1 m
To
215.9 m
Hole Depth
250 m
Intercept Depth
209.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-002:209.1-215.9
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
108 °
Dip
-30 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
195
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.29”

Context: 6.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-002Mallay · goldGrade: 0.27Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
MLL26-002
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.27
Grade Unit
g/t
Intercept
1.6 m
From
213.8 m
To
215.4 m
Hole Depth
250 m
Intercept Depth
209.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-002:213.8-215.4
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
108 °
Dip
-30 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
396
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.27”

Context: 1.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-002Mallay · silverGrade: 243Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
MLL26-002
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
243
Grade Unit
g/t
Intercept
1.6 m
From
213.8 m
To
215.4 m
Hole Depth
250 m
Intercept Depth
209.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-002:213.8-215.4
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
108 °
Dip
-30 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
396
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This sub-interval shows strong silver grades, enhancing the overall prospectivity of the main intercept.

Positive factors

  • Silver grade is in the strong band for epithermal deposits.

Evidence · table

“243”

Context: 1.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-002Mallay · leadGrade: 2.7Grade Unit: %Intercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
MLL26-002
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.7
Grade Unit
%
Intercept
1.6 m
From
213.8 m
To
215.4 m
Hole Depth
250 m
Intercept Depth
209.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-002:213.8-215.4
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
108 °
Dip
-30 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
396
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.7”

Context: 1.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-002Mallay · zincGrade: 2.97Grade Unit: %Intercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
MLL26-002
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.97
Grade Unit
%
Intercept
1.6 m
From
213.8 m
To
215.4 m
Hole Depth
250 m
Intercept Depth
209.1 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-002:213.8-215.4
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
108 °
Dip
-30 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
396
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.97”

Context: 1.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · goldGrade: 0.06Grade Unit: g/tIntercept: 10.5 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.06
Grade Unit
g/t
Intercept
10.5 m
From
204 m
To
214.5 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:204-214.5
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
107
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.06”

Context: 10.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · silverGrade: 40Grade Unit: g/tIntercept: 10.5 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
40
Grade Unit
g/t
Intercept
10.5 m
From
204 m
To
214.5 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:204-214.5
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
107
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the weak grade band for epithermal deposits, contributing to overall mineralization but not a highlight.

Evidence · table

“40”

Context: 10.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · leadGrade: 0.67Grade Unit: %Intercept: 10.5 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.67
Grade Unit
%
Intercept
10.5 m
From
204 m
To
214.5 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:204-214.5
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
107
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.67”

Context: 10.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · zincGrade: 1.68Grade Unit: %Intercept: 10.5 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.68
Grade Unit
%
Intercept
10.5 m
From
204 m
To
214.5 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:204-214.5
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
107
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Zinc grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“1.68”

Context: 10.5

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · goldGrade: 0.31Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.31
Grade Unit
g/t
Intercept
3.1 m
From
214.5 m
To
217.6 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:214.5-217.6
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
311
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.31”

Context: 3.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · silverGrade: 113Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
113
Grade Unit
g/t
Intercept
3.1 m
From
214.5 m
To
217.6 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:214.5-217.6
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
311
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“113”

Context: 3.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · leadGrade: 2.94Grade Unit: %Intercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.94
Grade Unit
%
Intercept
3.1 m
From
214.5 m
To
217.6 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:214.5-217.6
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
311
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.94”

Context: 3.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · zincGrade: 4.25Grade Unit: %Intercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
4.25
Grade Unit
%
Intercept
3.1 m
From
214.5 m
To
217.6 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:214.5-217.6
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
311
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“4.25”

Context: 3.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · goldGrade: 0.69Grade Unit: g/tIntercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
3.9 m
From
226.1 m
To
230 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:226.1-230
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
185
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.69”

Context: 3.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · silverGrade: 96Grade Unit: g/tIntercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
96
Grade Unit
g/t
Intercept
3.9 m
From
226.1 m
To
230 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:226.1-230
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
185
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“96”

Context: 3.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · leadGrade: 1.02Grade Unit: %Intercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.02
Grade Unit
%
Intercept
3.9 m
From
226.1 m
To
230 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:226.1-230
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
185
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“1.02”

Context: 3.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · zincGrade: 2.12Grade Unit: %Intercept: 3.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.12
Grade Unit
%
Intercept
3.9 m
From
226.1 m
To
230 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:226.1-230
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
185
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.12”

Context: 3.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · goldGrade: 2.58Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.58
Grade Unit
g/t
Intercept
0.9 m
From
228.1 m
To
229 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:228.1-229
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
372
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“2.58”

Context: 0.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · silverGrade: 232Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
232
Grade Unit
g/t
Intercept
0.9 m
From
228.1 m
To
229 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:228.1-229
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
372
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This sub-interval shows strong silver grades, enhancing the overall prospectivity of the main intercept.

Positive factors

  • Silver grade is in the strong band for epithermal deposits.

Evidence · table

“232”

Context: 0.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · leadGrade: 1.59Grade Unit: %Intercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.59
Grade Unit
%
Intercept
0.9 m
From
228.1 m
To
229 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:228.1-229
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
372
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“1.59”

Context: 0.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-003Mallay · zincGrade: 3.36Grade Unit: %Intercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-003
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
3.36
Grade Unit
%
Intercept
0.9 m
From
228.1 m
To
229 m
Hole Depth
260 m
Intercept Depth
204 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-003:228.1-229
Mining Method
underground

Location

Easting
296422
Northing
8817528
Elevation
4094 m
Azimuth
105 °
Dip
-33 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
372
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“3.36”

Context: 0.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · goldGrade: 0.46Grade Unit: g/tIntercept: 12.55 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.46
Grade Unit
g/t
Intercept
12.55 m
From
201.2 m
To
213.8 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:201.2-213.8
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
178
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.46”

Context: 12.55

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · silverGrade: 96Grade Unit: g/tIntercept: 12.55 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
96
Grade Unit
g/t
Intercept
12.55 m
From
201.2 m
To
213.8 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:201.2-213.8
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
178
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“96”

Context: 12.55

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · leadGrade: 0.65Grade Unit: %Intercept: 12.55 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.65
Grade Unit
%
Intercept
12.55 m
From
201.2 m
To
213.8 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:201.2-213.8
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
178
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.65”

Context: 12.55

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · zincGrade: 2.18Grade Unit: %Intercept: 12.55 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.18
Grade Unit
%
Intercept
12.55 m
From
201.2 m
To
213.8 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:201.2-213.8
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
178
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.18”

Context: 12.55

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · goldGrade: 0.26Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.26
Grade Unit
g/t
Intercept
6.1 m
From
201.2 m
To
207.3 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:201.2-207.3
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
187
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.26”

Context: 6.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · silverGrade: 78Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
78
Grade Unit
g/t
Intercept
6.1 m
From
201.2 m
To
207.3 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:201.2-207.3
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
187
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“78”

Context: 6.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · leadGrade: 0.43Grade Unit: %Intercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.43
Grade Unit
%
Intercept
6.1 m
From
201.2 m
To
207.3 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:201.2-207.3
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
187
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.43”

Context: 6.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · zincGrade: 3.2Grade Unit: %Intercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
3.2
Grade Unit
%
Intercept
6.1 m
From
201.2 m
To
207.3 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:201.2-207.3
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
187
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“3.2”

Context: 6.1

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · goldGrade: 0.97Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.97
Grade Unit
g/t
Intercept
4 m
From
207.3 m
To
211.3 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:207.3-211.3
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
236
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.97”

Context: 4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · silverGrade: 166Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
166
Grade Unit
g/t
Intercept
4 m
From
207.3 m
To
211.3 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:207.3-211.3
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
236
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“166”

Context: 4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · leadGrade: 1.2Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.2
Grade Unit
%
Intercept
4 m
From
207.3 m
To
211.3 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:207.3-211.3
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
236
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“1.2”

Context: 4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-004Mallay · zincGrade: 1.37Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
MLL26-004
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.37
Grade Unit
%
Intercept
4 m
From
207.3 m
To
211.3 m
Hole Depth
261 m
Intercept Depth
201.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-004:207.3-211.3
Mining Method
underground

Location

Easting
296421
Northing
8817530
Elevation
4094 m
Azimuth
92 °
Dip
-40 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
236
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Zinc grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“1.37”

Context: 4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · goldGrade: 0.11Grade Unit: g/tIntercept: 3.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
3.85 m
From
178 m
To
181.9 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:178-181.9
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
60
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.11”

Context: 3.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · silverGrade: 49Grade Unit: g/tIntercept: 3.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
49
Grade Unit
g/t
Intercept
3.85 m
From
178 m
To
181.9 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:178-181.9
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
60
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the weak grade band for epithermal deposits, contributing to overall mineralization but not a highlight.

Evidence · table

“49”

Context: 3.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · leadGrade: 0.15Grade Unit: %Intercept: 3.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.15
Grade Unit
%
Intercept
3.85 m
From
178 m
To
181.9 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:178-181.9
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
60
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.15”

Context: 3.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · zincGrade: 0.23Grade Unit: %Intercept: 3.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.23
Grade Unit
%
Intercept
3.85 m
From
178 m
To
181.9 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:178-181.9
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
60
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Zinc grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.23”

Context: 3.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · goldGrade: 0.08Grade Unit: g/tIntercept: 7.7 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.08
Grade Unit
g/t
Intercept
7.7 m
From
181.9 m
To
189.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:181.9-189.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
129
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.08”

Context: 7.7

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · silverGrade: 50Grade Unit: g/tIntercept: 7.7 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
50
Grade Unit
g/t
Intercept
7.7 m
From
181.9 m
To
189.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:181.9-189.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
129
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the weak grade band for epithermal deposits, contributing to overall mineralization but not a highlight.

Evidence · table

“50”

Context: 7.7

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · leadGrade: 0.78Grade Unit: %Intercept: 7.7 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.78
Grade Unit
%
Intercept
7.7 m
From
181.9 m
To
189.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:181.9-189.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
129
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.78”

Context: 7.7

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · zincGrade: 1.99Grade Unit: %Intercept: 7.7 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.99
Grade Unit
%
Intercept
7.7 m
From
181.9 m
To
189.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:181.9-189.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
129
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Zinc grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“1.99”

Context: 7.7

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · goldGrade: 0.11Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
0.75 m
From
188.8 m
To
189.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:188.8-189.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
428
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.11”

Context: 0.75

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · silverGrade: 184Grade Unit: g/tIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
184
Grade Unit
g/t
Intercept
0.75 m
From
188.8 m
To
189.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:188.8-189.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
428
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“184”

Context: 0.75

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · leadGrade: 2.87Grade Unit: %Intercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.87
Grade Unit
%
Intercept
0.75 m
From
188.8 m
To
189.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:188.8-189.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
428
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.87”

Context: 0.75

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · zincGrade: 5.78Grade Unit: %Intercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
5.78
Grade Unit
%
Intercept
0.75 m
From
188.8 m
To
189.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:188.8-189.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
428
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the moderate grade band, contributing positively to the overall mineralization.

Evidence · table

“5.78”

Context: 0.75

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · goldGrade: 0.25Grade Unit: g/tIntercept: 6.65 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.25
Grade Unit
g/t
Intercept
6.65 m
From
189.6 m
To
196.2 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:189.6-196.2
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
237
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.25”

Context: 6.65

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · silverGrade: 97Grade Unit: g/tIntercept: 6.65 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
97
Grade Unit
g/t
Intercept
6.65 m
From
189.6 m
To
196.2 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:189.6-196.2
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
237
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“97”

Context: 6.65

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · leadGrade: 2.1Grade Unit: %Intercept: 6.65 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.1
Grade Unit
%
Intercept
6.65 m
From
189.6 m
To
196.2 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:189.6-196.2
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
237
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.1”

Context: 6.65

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · zincGrade: 2.97Grade Unit: %Intercept: 6.65 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.97
Grade Unit
%
Intercept
6.65 m
From
189.6 m
To
196.2 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:189.6-196.2
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
237
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.97”

Context: 6.65

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · goldGrade: 0.39Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.39
Grade Unit
g/t
Intercept
4 m
From
191.6 m
To
195.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:191.6-195.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
309
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.39”

Context: 4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · silverGrade: 139Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
139
Grade Unit
g/t
Intercept
4 m
From
191.6 m
To
195.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:191.6-195.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
309
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“139”

Context: 4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · leadGrade: 2.74Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.74
Grade Unit
%
Intercept
4 m
From
191.6 m
To
195.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:191.6-195.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
309
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.74”

Context: 4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-005Mallay · zincGrade: 3.47Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
MLL26-005
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
3.47
Grade Unit
%
Intercept
4 m
From
191.6 m
To
195.6 m
Hole Depth
241 m
Intercept Depth
178 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-005:191.6-195.6
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
87 °
Dip
-31 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
309
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“3.47”

Context: 4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · goldGrade: 0.11Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
1.3 m
From
32.2 m
To
33.5 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:32.2-33.5
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
270
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.11”

Context: 1.3

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · silverGrade: 169Grade Unit: g/tIntercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
169
Grade Unit
g/t
Intercept
1.3 m
From
32.2 m
To
33.5 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:32.2-33.5
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
270
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“169”

Context: 1.3

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · leadGrade: 3.03Grade Unit: %Intercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
3.03
Grade Unit
%
Intercept
1.3 m
From
32.2 m
To
33.5 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:32.2-33.5
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
270
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the moderate grade band, contributing positively to the overall mineralization.

Evidence · table

“3.03”

Context: 1.3

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · zincGrade: 1.04Grade Unit: %Intercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.04
Grade Unit
%
Intercept
1.3 m
From
32.2 m
To
33.5 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:32.2-33.5
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
270
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Zinc grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“1.04”

Context: 1.3

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · goldGrade: 0.16Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.16
Grade Unit
g/t
Intercept
0.85 m
From
38.4 m
To
39.3 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:38.4-39.3
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
600
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.16”

Context: 0.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · silverGrade: 436Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
436
Grade Unit
g/t
Intercept
0.85 m
From
38.4 m
To
39.3 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:38.4-39.3
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
600
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This sub-interval shows strong silver grades, enhancing the overall prospectivity of the main intercept.

Positive factors

  • Silver grade is in the strong band for epithermal deposits.

Evidence · table

“436”

Context: 0.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · leadGrade: 6.98Grade Unit: %Intercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
6.98
Grade Unit
%
Intercept
0.85 m
From
38.4 m
To
39.3 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:38.4-39.3
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
600
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This sub-interval shows strong lead grades, enhancing the overall prospectivity of the main intercept.

Positive factors

  • Lead grade is in the strong band for epithermal deposits.

Evidence · table

“6.98”

Context: 0.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · zincGrade: 0.13Grade Unit: %Intercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.13
Grade Unit
%
Intercept
0.85 m
From
38.4 m
To
39.3 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:38.4-39.3
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
600
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Zinc grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.13”

Context: 0.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · goldGrade: 0.04Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.04
Grade Unit
g/t
Intercept
1.9 m
From
180.8 m
To
182.7 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:180.8-182.7
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
104
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.04”

Context: 1.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · silverGrade: 20Grade Unit: g/tIntercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
20
Grade Unit
g/t
Intercept
1.9 m
From
180.8 m
To
182.7 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:180.8-182.7
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
104
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Silver grade is below the weak band for epithermal deposits, indicating it is a minor contributor in this intercept.

Evidence · table

“20”

Context: 1.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · leadGrade: 0.14Grade Unit: %Intercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.14
Grade Unit
%
Intercept
1.9 m
From
180.8 m
To
182.7 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:180.8-182.7
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
104
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.14”

Context: 1.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · zincGrade: 2.61Grade Unit: %Intercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.61
Grade Unit
%
Intercept
1.9 m
From
180.8 m
To
182.7 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:180.8-182.7
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
104
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.61”

Context: 1.9

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · goldGrade: 0.18Grade Unit: g/tIntercept: 11.4 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.18
Grade Unit
g/t
Intercept
11.4 m
From
182.7 m
To
194.1 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:182.7-194.1
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
267
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.18”

Context: 11.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · silverGrade: 69Grade Unit: g/tIntercept: 11.4 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
69
Grade Unit
g/t
Intercept
11.4 m
From
182.7 m
To
194.1 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:182.7-194.1
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
267
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“69”

Context: 11.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · leadGrade: 1.32Grade Unit: %Intercept: 11.4 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.32
Grade Unit
%
Intercept
11.4 m
From
182.7 m
To
194.1 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:182.7-194.1
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
267
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“1.32”

Context: 11.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-006Mallay · zincGrade: 5.43Grade Unit: %Intercept: 11.4 mView all details
Link to this fact

Identity

Hole ID
MLL26-006
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
5.43
Grade Unit
%
Intercept
11.4 m
From
182.7 m
To
194.1 m
Hole Depth
223 m
Intercept Depth
32.2 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-006:182.7-194.1
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4094 m
Azimuth
75 °
Dip
-20 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
267
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the moderate grade band, contributing positively to the overall mineralization.

Evidence · table

“5.43”

Context: 11.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · goldGrade: 0.12Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
2.05 m
From
180.3 m
To
182.3 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:180.3-182.3
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
112
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.12”

Context: 2.05

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · silverGrade: 74Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
74
Grade Unit
g/t
Intercept
2.05 m
From
180.3 m
To
182.3 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:180.3-182.3
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
112
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“74”

Context: 2.05

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · leadGrade: 0.46Grade Unit: %Intercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.46
Grade Unit
%
Intercept
2.05 m
From
180.3 m
To
182.3 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:180.3-182.3
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
112
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.46”

Context: 2.05

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · zincGrade: 0.89Grade Unit: %Intercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.89
Grade Unit
%
Intercept
2.05 m
From
180.3 m
To
182.3 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:180.3-182.3
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
112
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Zinc grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.89”

Context: 2.05

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · goldGrade: 0.41Grade Unit: g/tIntercept: 3.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.41
Grade Unit
g/t
Intercept
3.85 m
From
188.5 m
To
192.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:188.5-192.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
186
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.41”

Context: 3.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · silverGrade: 84Grade Unit: g/tIntercept: 3.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
84
Grade Unit
g/t
Intercept
3.85 m
From
188.5 m
To
192.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:188.5-192.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
186
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“84”

Context: 3.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · leadGrade: 0.64Grade Unit: %Intercept: 3.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.64
Grade Unit
%
Intercept
3.85 m
From
188.5 m
To
192.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:188.5-192.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
186
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.64”

Context: 3.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · zincGrade: 2.83Grade Unit: %Intercept: 3.85 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.83
Grade Unit
%
Intercept
3.85 m
From
188.5 m
To
192.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:188.5-192.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
186
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.83”

Context: 3.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · goldGrade: 0.15Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.15
Grade Unit
g/t
Intercept
12 m
From
192.4 m
To
204.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:192.4-204.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
157
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.15”

Context: 12

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · silverGrade: 54Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
54
Grade Unit
g/t
Intercept
12 m
From
192.4 m
To
204.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:192.4-204.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
157
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“54”

Context: 12

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · leadGrade: 0.83Grade Unit: %Intercept: 12 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.83
Grade Unit
%
Intercept
12 m
From
192.4 m
To
204.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:192.4-204.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
157
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.83”

Context: 12

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · zincGrade: 2.71Grade Unit: %Intercept: 12 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.71
Grade Unit
%
Intercept
12 m
From
192.4 m
To
204.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:192.4-204.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
157
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.71”

Context: 12

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · goldGrade: 0.14Grade Unit: g/tIntercept: 2.65 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.14
Grade Unit
g/t
Intercept
2.65 m
From
201.7 m
To
204.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:201.7-204.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
275
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.14”

Context: 2.65

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · silverGrade: 83Grade Unit: g/tIntercept: 2.65 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
83
Grade Unit
g/t
Intercept
2.65 m
From
201.7 m
To
204.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:201.7-204.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
275
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“83”

Context: 2.65

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · leadGrade: 2.35Grade Unit: %Intercept: 2.65 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
2.35
Grade Unit
%
Intercept
2.65 m
From
201.7 m
To
204.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:201.7-204.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
275
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“2.35”

Context: 2.65

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-007Mallay · zincGrade: 4.48Grade Unit: %Intercept: 2.65 mView all details
Link to this fact

Identity

Hole ID
MLL26-007
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
4.48
Grade Unit
%
Intercept
2.65 m
From
201.7 m
To
204.4 m
Hole Depth
238 m
Intercept Depth
180.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-007:201.7-204.4
Mining Method
underground

Location

Easting
296420
Northing
8817531
Elevation
4095 m
Azimuth
57 °
Dip
-11 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
275
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept is in the weak grade band, contributing to the polymetallic nature of the mineralization.

Evidence · table

“4.48”

Context: 2.65

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-008Mallay · goldGrade: 0.31Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
MLL26-008
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.31
Grade Unit
g/t
Intercept
2.4 m
From
163.3 m
To
165.7 m
Hole Depth
240 m
Intercept Depth
163.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-008:163.3-165.7
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4095 m
Azimuth
80 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
140
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.31”

Context: 2.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-008Mallay · silverGrade: 74Grade Unit: g/tIntercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
MLL26-008
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
74
Grade Unit
g/t
Intercept
2.4 m
From
163.3 m
To
165.7 m
Hole Depth
240 m
Intercept Depth
163.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-008:163.3-165.7
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4095 m
Azimuth
80 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
140
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“74”

Context: 2.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-008Mallay · leadGrade: 0.75Grade Unit: %Intercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
MLL26-008
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.75
Grade Unit
%
Intercept
2.4 m
From
163.3 m
To
165.7 m
Hole Depth
240 m
Intercept Depth
163.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-008:163.3-165.7
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4095 m
Azimuth
80 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
140
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.75”

Context: 2.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-008Mallay · zincGrade: 1.6Grade Unit: %Intercept: 2.4 mView all details
Link to this fact

Identity

Hole ID
MLL26-008
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.6
Grade Unit
%
Intercept
2.4 m
From
163.3 m
To
165.7 m
Hole Depth
240 m
Intercept Depth
163.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-008:163.3-165.7
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4095 m
Azimuth
80 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
140
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Zinc grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“1.6”

Context: 2.4

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-008Mallay · goldGrade: 0.03Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
MLL26-008
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.03
Grade Unit
g/t
Intercept
1.6 m
From
192.7 m
To
194.3 m
Hole Depth
240 m
Intercept Depth
163.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-008:192.7-194.3
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4095 m
Azimuth
80 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
91
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.03”

Context: 1.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-008Mallay · silverGrade: 39Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
MLL26-008
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
39
Grade Unit
g/t
Intercept
1.6 m
From
192.7 m
To
194.3 m
Hole Depth
240 m
Intercept Depth
163.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-008:192.7-194.3
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4095 m
Azimuth
80 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
91
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the weak grade band for epithermal deposits, contributing to overall mineralization but not a highlight.

Evidence · table

“39”

Context: 1.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-008Mallay · leadGrade: 0.51Grade Unit: %Intercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
MLL26-008
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.51
Grade Unit
%
Intercept
1.6 m
From
192.7 m
To
194.3 m
Hole Depth
240 m
Intercept Depth
163.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-008:192.7-194.3
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4095 m
Azimuth
80 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
91
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.51”

Context: 1.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-008Mallay · zincGrade: 1.32Grade Unit: %Intercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
MLL26-008
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
1.32
Grade Unit
%
Intercept
1.6 m
From
192.7 m
To
194.3 m
Hole Depth
240 m
Intercept Depth
163.3 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-008:192.7-194.3
Mining Method
underground

Location

Easting
296420
Northing
8817530
Elevation
4095 m
Azimuth
80 °
Dip
-14 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
91
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Zinc grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“1.32”

Context: 1.6

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-009Mallay · goldGrade: 0.25Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-009
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.25
Grade Unit
g/t
Intercept
4.8 m
From
189.4 m
To
194.2 m
Hole Depth
400 m
Intercept Depth
189.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-009:189.4-194.2
Mining Method
underground

Location

Easting
296321
Northing
8817644
Elevation
4099 m
Azimuth
52 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
70
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.25”

Context: 4.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-009Mallay · silverGrade: 43Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-009
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
43
Grade Unit
g/t
Intercept
4.8 m
From
189.4 m
To
194.2 m
Hole Depth
400 m
Intercept Depth
189.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-009:189.4-194.2
Mining Method
underground

Location

Easting
296321
Northing
8817644
Elevation
4099 m
Azimuth
52 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
70
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the weak grade band for epithermal deposits, contributing to overall mineralization but not a highlight.

Evidence · table

“43”

Context: 4.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-009Mallay · leadGrade: 0.42Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-009
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.42
Grade Unit
%
Intercept
4.8 m
From
189.4 m
To
194.2 m
Hole Depth
400 m
Intercept Depth
189.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-009:189.4-194.2
Mining Method
underground

Location

Easting
296321
Northing
8817644
Elevation
4099 m
Azimuth
52 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
70
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.42”

Context: 4.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-009Mallay · zincGrade: 0.57Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
MLL26-009
Project
Mallay
Commodity
zinc
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.57
Grade Unit
%
Intercept
4.8 m
From
189.4 m
To
194.2 m
Hole Depth
400 m
Intercept Depth
189.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-009:189.4-194.2
Mining Method
underground

Location

Easting
296321
Northing
8817644
Elevation
4099 m
Azimuth
52 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
70
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This zinc intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Zinc grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.57”

Context: 4.8

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-009Mallay · goldGrade: 0.57Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
MLL26-009
Project
Mallay
Commodity
gold
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
1.7 m
From
192.5 m
To
194.2 m
Hole Depth
400 m
Intercept Depth
189.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-009:192.5-194.2
Mining Method
underground

Location

Easting
296321
Northing
8817644
Elevation
4099 m
Azimuth
52 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
132
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This intercept shows low gold grade, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Gold grade is very low, indicating it is a trace element in this polymetallic system.

Evidence · table

“0.57”

Context: 1.7

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-009Mallay · silverGrade: 75Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
MLL26-009
Project
Mallay
Commodity
silver
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
75
Grade Unit
g/t
Intercept
1.7 m
From
192.5 m
To
194.2 m
Hole Depth
400 m
Intercept Depth
189.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-009:192.5-194.2
Mining Method
underground

Location

Easting
296321
Northing
8817644
Elevation
4099 m
Azimuth
52 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
132
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This silver intercept is in the moderate grade band for epithermal deposits, contributing positively to the overall mineralization.

Evidence · table

“75”

Context: 1.7

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

MLL26-009Mallay · leadGrade: 0.87Grade Unit: %Intercept: 1.7 mView all details
Link to this fact

Identity

Hole ID
MLL26-009
Project
Mallay
Commodity
lead
Region
peru
Reported Region
peru
Ticker
EXN.TO

Geometry

Grade
0.87
Grade Unit
%
Intercept
1.7 m
From
192.5 m
To
194.2 m
Hole Depth
400 m
Intercept Depth
189.4 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
MLL26-009:192.5-194.2
Mining Method
underground

Location

Easting
296321
Northing
8817644
Elevation
4099 m
Azimuth
52 °
Dip
-32 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
132
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: This lead intercept shows low grades, which is not a primary focus for the project, but contributes to the overall polymetallic nature.

Negative factors

  • Lead grade is below the weak band, indicating it is a minor contributor in this intercept.

Evidence · table

“0.87”

Context: 1.7

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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.