# La India Development and La Grecia Exploration Update

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef

Original source: https://www.londonstockexchange.com/news-article/MTL/la-india-development-and-la-grecia-exploration-update/17806941

Publisher: lse

Original announcement: 2026-09-28T05:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T18:28:01.767Z

Atlas analysis updated: 2026-09-29T18:28:01.767Z

- Company: Metals Exploration PLC

- Ticker: MTL

- Exchange: LSE

- Region: Nicaragua

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results, Production

- Extracted: 2026-09-29 18:28:02 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Metals Exploration provided an update on the La India gold project in Nicaragua, noting that first gold production remains on track for December 2026 and equipment financing is fully drawn. Additionally, initial scout drilling at the La Grecia prospect returned high-grade gold intercepts, including 0.7m at 67.4 g/t Au.

Reasoning: Strong drill results at La Grecia prospect combined with positive construction and financing updates for the La India project.

- Positive factor: High-grade gold intercepts at La Grecia

- Positive factor: La India construction on track for Dec 2026

- Positive factor: Equipment loan fully drawn providing strong cash position

Facts used in scoring: 16

## Classification and evidence

No classification tags are available.

## Extracted facts

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

## Drill Results (16)

### LGDD-004

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-0)

La Grecia · gold

#### Identity

- Hole ID: LGDD-004
- Project: La Grecia
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 36.5
- Grade Unit: g/t
- Intercept: 1.3 m
- From: 155.4 m
- To: 156.7 m
- Intercept Depth: 155.4 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LGDD-004:155.4-156.7
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: 36.5 g/t Au over 1.3m is an exceptional high-grade intercept for an exploration target.

- Positive factor: Bonanza grade intercept

Evidence · text

> 1.30m at 36.5 grammes per tonne gold \("g/t Au"\)

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: 36.5 g/t Au is exceptionally high grade.

Evidence · text

> 36.5 grammes per tonne gold

### LGDD-004

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-1)

La Grecia · silver

#### Identity

- Hole ID: LGDD-004
- Project: La Grecia
- Commodity: silver
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 165.78
- Grade Unit: g/t
- Intercept: 1.3 m
- From: 155.4 m
- To: 156.7 m
- Intercept Depth: 155.4 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LGDD-004:155.4-156.7
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Significant silver credits accompanying high-grade gold.

Evidence · text

> 165.78 g/t Ag

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-004

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-2)

La Grecia · gold

#### Identity

- Hole ID: LGDD-004
- Project: La Grecia
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 67.4
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 156 m
- To: 156.7 m
- Intercept Depth: 156 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LGDD-004:156-156.7
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Extremely high grade sub-interval within the main intercept.

- Positive factor: Bonanza grade sub-interval

Evidence · text

> 0.7m at 67.4 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: 67.4 g/t Au is an exceptional grade.

Evidence · text

> 0.7m at 67.4 g/t Au

### LGDD-004

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-3)

La Grecia · gold

#### Identity

- Hole ID: LGDD-004
- Project: La Grecia
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 20.7
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 164.7 m
- To: 165.2 m
- Intercept Depth: 164.7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LGDD-004:164.7-165.2
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Strong gold grade intercept.

- Positive factor: High grade intercept

Evidence · text

> 0.5 m at 20.7 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-001

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-4)

La Grecia · gold

#### Identity

- Hole ID: LGDD-001
- Project: La Grecia
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 3.96
- Grade Unit: g/t
- Intercept: 0.65 m
- From: 120.85 m
- To: 121.5 m
- Intercept Depth: 120.85 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LGDD-001:120.85-121.5
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

> 3.96

Context: 0.65

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-001

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-5)

La Grecia · silver

#### Identity

- Hole ID: LGDD-001
- Project: La Grecia
- Commodity: silver
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 12.6
- Grade Unit: ppm
- Intercept: 0.65 m
- From: 120.85 m
- To: 121.5 m
- Intercept Depth: 120.85 m

#### Classification

- Sample Type: drill
- Group ID: LGDD-001:120.85-121.5
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Expanded from assay table: 12.6 ppm silver, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

> 12.6

Context: LGDD-001

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-001

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-6)

La Grecia · gold

#### Identity

- Hole ID: LGDD-001
- Project: La Grecia
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 2.57
- Grade Unit: ppm
- Intercept: 0.6 m
- From: 146.85 m
- To: 147.45 m
- Intercept Depth: 146.85 m

#### Classification

- Sample Type: drill
- Group ID: LGDD-001:146.85-147.45
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Expanded from assay table: 2.57 ppm gold, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

> 2.57

Context: LGDD-001

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-001

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-7)

La Grecia · silver

#### Identity

- Hole ID: LGDD-001
- Project: La Grecia
- Commodity: silver
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 4.1
- Grade Unit: ppm
- Intercept: 0.6 m
- From: 146.85 m
- To: 147.45 m
- Intercept Depth: 146.85 m

#### Classification

- Sample Type: drill
- Group ID: LGDD-001:146.85-147.45
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Expanded from assay table: 4.1 ppm silver, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

> 4.1

Context: LGDD-001

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-002

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-8)

La Grecia · gold

#### Identity

- Hole ID: LGDD-002
- Project: La Grecia
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 0.9
- Grade Unit: ppm
- Intercept: 0.8 m
- From: 128.8 m
- To: 129.6 m
- Intercept Depth: 128.8 m

#### Classification

- Sample Type: drill
- Group ID: LGDD-002:128.8-129.6
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Expanded from assay table: 0.9 ppm gold, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

> 0.90

Context: LGDD-002

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-002

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-9)

La Grecia · silver

#### Identity

- Hole ID: LGDD-002
- Project: La Grecia
- Commodity: silver
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 10.8
- Grade Unit: ppm
- Intercept: 0.8 m
- From: 128.8 m
- To: 129.6 m
- Intercept Depth: 128.8 m

#### Classification

- Sample Type: drill
- Group ID: LGDD-002:128.8-129.6
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Expanded from assay table: 10.8 ppm silver, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

> 10.8

Context: LGDD-002

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-002

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-10)

La Grecia · gold

#### Identity

- Hole ID: LGDD-002
- Project: La Grecia
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 0.89
- Grade Unit: ppm
- Intercept: 0.55 m
- From: 132 m
- To: 132.55 m
- Intercept Depth: 132 m

#### Classification

- Sample Type: drill
- Group ID: LGDD-002:132-132.55
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Expanded from assay table: 0.89 ppm gold, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

> 0.89

Context: LGDD-002

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-002

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-11)

La Grecia · silver

#### Identity

- Hole ID: LGDD-002
- Project: La Grecia
- Commodity: silver
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 6.9
- Grade Unit: ppm
- Intercept: 0.55 m
- From: 132 m
- To: 132.55 m
- Intercept Depth: 132 m

#### Classification

- Sample Type: drill
- Group ID: LGDD-002:132-132.55
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Expanded from assay table: 6.9 ppm silver, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

> 6.9

Context: LGDD-002

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-004

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-12)

La Grecia · gold

#### Identity

- Hole ID: LGDD-004
- Project: La Grecia
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 0.87
- Grade Unit: ppm
- Intercept: 0.8 m
- From: 147.9 m
- To: 148.7 m
- Intercept Depth: 147.9 m

#### Classification

- Sample Type: drill
- Group ID: LGDD-004:147.9-148.7
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Expanded from assay table: 0.87 ppm gold, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

> 0.87

Context: LGDD-004

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-004

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-13)

La Grecia · silver

#### Identity

- Hole ID: LGDD-004
- Project: La Grecia
- Commodity: silver
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 20
- Grade Unit: ppm
- Intercept: 0.8 m
- From: 147.9 m
- To: 148.7 m
- Intercept Depth: 147.9 m

#### Classification

- Sample Type: drill
- Group ID: LGDD-004:147.9-148.7
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Expanded from assay table: 20 ppm silver, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

> 20.0

Context: LGDD-004

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-004

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-14)

La Grecia · gold

#### Identity

- Hole ID: LGDD-004
- Project: La Grecia
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 0.8
- Grade Unit: ppm
- Intercept: 1.4 m
- From: 165.2 m
- To: 166.6 m
- Intercept Depth: 165.2 m

#### Classification

- Sample Type: drill
- Group ID: LGDD-004:165.2-166.6
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Expanded from assay table: 0.8 ppm gold, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

> 0.80

Context: LGDD-004

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LGDD-004

[Link to this fact](https://atlas-staging.minestarters.com/news/la-india-development-and-la-grecia-exploration-update--fb937243-342d-412d-ac7c-1c6fa76898ef#fact-drill-facts-15)

La Grecia · silver

#### Identity

- Hole ID: LGDD-004
- Project: La Grecia
- Commodity: silver
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MTL

#### Geometry

- Grade: 37.6
- Grade Unit: ppm
- Intercept: 1.4 m
- From: 165.2 m
- To: 166.6 m
- Intercept Depth: 165.2 m

#### Classification

- Sample Type: drill
- Group ID: LGDD-004:165.2-166.6
- Mining Method: unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: Expanded from assay table: 37.6 ppm silver, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

> 37.6

Context: LGDD-004

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## 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.