LDR: Quarterly Activities/Appendix 5B Cash Flow Report

Original announcement by asx on

Company
Lode Resources Ltd
Ticker
LDR
Exchange
ASX
Region
Tasmania
Primary commodity
Silver
Secondary commodities
Antimony, Copper, Lead, Zinc, Gold, Tin, Arsenic
Document categories
Drill results, Other, Resource update
Extracted
2026-10-19 04:14:04 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Lode Resources reported high-grade drill intercepts from its Montezuma Silver & Antimony Project, including a new Moores Lode discovery and extensions to the Montezuma Lode, which significantly expands the project's resource growth potential. The company also announced new gold intercepts at the Uralla Gold Project, further supporting the Intrusive Related Gold System model. Lode Resources ended the quarter with a strong cash position and no debt, with several exploration programs advancing across its Tasmanian and NSW projects.

Reasoning: The report details multiple high-grade drill intercepts, including a new lode discovery at Montezuma, which significantly expands the project's resource potential. Additionally, new gold intercepts at Uralla confirm the IRGS model, and the company maintains a strong cash position. However, the metal equivalent calculation excludes some commodities, and arsenic is present in the Montezuma intercepts.

Positive factors

  • New high-grade intercepts at Montezuma, including a new lode discovery (Moores Lode) and extension of the Montezuma Lode, significantly expanding resource potential.
  • Exceptional silver equivalent grades (1,554 g/t AgEq and 1,241 g/t AgEq) from new discoveries.
  • Confirmation of the Intrusive Related Gold System (IRGS) model at Uralla Gold Project with multiple new gold intercepts.
  • Strong cash position of $2.716 million with no debt and non-dilutive funding received/expected.
  • Maiden resource at Montezuma is 65% Indicated, providing a higher-confidence foundation.

Negative factors

  • Metal equivalent grades (AgEq) for Montezuma explicitly exclude tin and gold, potentially understating overall metal endowment and reducing transparency.
  • Arsenic is present in significant percentages in Montezuma intercepts, indicating a potential deleterious element that could impact processing or concentrate quality.
  • QA/QC methods (blanks, standards, duplicates) and laboratory certification are not explicitly detailed for the drill results, reducing verifiability.

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

Facts used in scoring: 110

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The intercept of 790 g/t Ag over 1.1m and 1,554 g/t AgEq is exceptionally high-grade for silver and silver equivalent.

Evidence · text

“790g/t Ag, 7.2% Cu, 0.3% Pb, 0.3% Sb, 0.8g/t Au, 0.6% Sn over 1.1m from 220.4m (1,554g/t AgEq1)”

Bonanza Interceptpositive

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

Why it applies: The intercept of 437 g/t Ag over 1.0m and 1,241 g/t AgEq is exceptionally high-grade for silver and silver equivalent.

Evidence · text

“437g/t Ag, 3.4% Cu, 2.4% Pb, 1.2% Sb, 1.2g/t Au, 3.7% Sn over 1.0m from 133.5m (1,241g/t AgEq1)”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The MZS43 drill hole extended known mineralization to the south, indicating a step-out extension.

Evidence · text

“Montezuma Lode extended south: 790g/t Ag, 7.2% Cu, 0.3% Pb, 0.3% Sb, 0.8g/t Au, 0.6% Sn over 1.1m from 220.4m (1,554g/t AgEq1)”

QA/QC Disclosedpositive

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

Why it applies: The report includes Competent Person's Statements for both NSW and Tasmanian projects, confirming QP sign-off under JORC 2012.

Evidence · text

“The information in this Report that relates to Exploration Results for LDR’s NSW projects is based on information compiled by Mr Mitch Tarrant, who is a Member of the Australian Institute of Geoscientists. ... to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. ... The information in this Report that relates to Exploration Results for LDR’s Tasmanian projects is based on information compiled by Mr Tim Callaghan, who is a Member of the Australian Institute of Geoscientists. ... to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.”

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: The reported AgEq grades explicitly exclude tin and gold, meaning the calculation does not reflect the full metal endowment.

Evidence · text

“Reported AgEq grades exclude tin and gold, so the contribution of these metals is not reflected in the AgEq figures”

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: Arsenic (As) is reported in significant percentages in several Montezuma intercepts, indicating a potential penalty element.

Evidence · table

“6.0”

Context: 1

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The Montezuma MRE includes an inferred component, which is a speculative category with limited drilling.

Evidence · text

“The current Montezuma JORC (2012) MRE of 480kt at 533g/t AgEq1 for 8.2Moz AgEq1 is reported at a 200g/t AgEq1 cut-off, with 65% of the resource classified as Indicated.”

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: 65% of the Montezuma resource is classified as Indicated, indicating reasonable geological confidence.

Evidence · text

“with 65% of the resource classified as Indicated.”

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The Montezuma MRE is described as a 'maiden resource', establishing the first formal estimate for the project.

Evidence · text

“8.2Moz AgEq maiden resource”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The Montezuma MRE is reported as JORC (2012) compliant.

Evidence · text

“Montezuma JORC (2012) MRE”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The report includes Competent Person's Statements for both NSW and Tasmanian projects, confirming QP sign-off under JORC 2012.

Evidence · text

“The information in this Report that relates to Exploration Results for LDR’s NSW projects is based on information compiled by Mr Mitch Tarrant, who is a Member of the Australian Institute of Geoscientists. ... to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. ... The information in this Report that relates to Exploration Results for LDR’s Tasmanian projects is based on information compiled by Mr Tim Callaghan, who is a Member of the Australian Institute of Geoscientists. ... to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.”

Cut-off Disclosedpositive

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

Why it applies: The cut-off grade for the Montezuma MRE is clearly stated as 200 g/t AgEq.

Evidence · text

“reported at a 200g/t AgEq1 cut-off”

Extracted facts

Stored fact records: 110. Some facts used in scoring do not have a stored record.

Drill Results (109)

MZS43Montezuma Silver & Antimony · silverGrade: 437Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
silver
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
437
Grade Unit
g/t
Intercept
1 m
From
133.5 m
To
134.5 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Metal Eq. Grade
1241
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept represents a new high-grade silver discovery (Moores Lode) with an exceptional silver equivalent grade, significantly enhancing the project's exploration upside, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Exceptional silver grade (437 g/t) in a new lode discovery (Moores Lode).
  • High silver equivalent grade (1,241 g/t AgEq) indicates strong polymetallic endowment.
  • New discovery significantly expands the project's resource potential.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.0%) as a deleterious element.

Evidence · table

“437”

Context: 1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · arsenicGrade: 6Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
arsenic
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
6
Grade Unit
%
Intercept
1 m
From
133.5 m
To
134.5 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The high arsenic grade, while part of a new discovery, is a negative factor due to its deleterious nature, potentially impacting future processing and economic viability.

Negative factors

  • High percentage of arsenic (6.0%) indicates a significant deleterious element that could complicate processing and incur penalties.

Evidence · table

“6.0”

Context: 1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · copperGrade: 3.4Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
copper
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
3.4
Grade Unit
%
Intercept
1 m
From
133.5 m
To
134.5 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This exceptional copper grade is part of a new discovery, adding significant value to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Exceptional copper grade (3.4%) in a new lode discovery (Moores Lode).

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.0%) as a deleterious element.

Evidence · table

“3.4”

Context: 1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · leadGrade: 2.4Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
lead
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
2.4
Grade Unit
%
Intercept
1 m
From
133.5 m
To
134.5 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This strong lead grade is part of a new discovery, contributing positively to the polymetallic nature of the system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Strong lead grade (2.4%) in a new lode discovery (Moores Lode), matching prior best for the project.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.0%) as a deleterious element.

Evidence · table

“2.4”

Context: 1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · zincGrade: 0.3Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
zinc
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.3
Grade Unit
%
Intercept
1 m
From
133.5 m
To
134.5 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The zinc grade is weak, but its presence contributes to the polymetallic nature of the new discovery, though it's offset by the deleterious arsenic and partial AgEq calculation.

Negative factors

  • Weak zinc grade (0.3%) for a polymetallic system.
  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.0%) as a deleterious element.

Evidence · table

“0.3”

Context: 1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · antimonyGrade: 1.2Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
antimony
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
1.2
Grade Unit
%
Intercept
1 m
From
133.5 m
To
134.5 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This strong antimony grade is part of a new discovery, contributing positively to the polymetallic nature of the system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Strong antimony grade (1.2%) in a new lode discovery (Moores Lode), matching prior best for the project.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.0%) as a deleterious element.

Evidence · table

“1.2”

Context: 1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · goldGrade: 1.24Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
gold
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
1.24
Grade Unit
g/t
Intercept
1 m
From
133.5 m
To
134.5 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This strong gold grade is part of a new discovery and represents an improvement over previous gold results for the project, contributing positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Strong gold grade (1.24 g/t) in a new lode discovery (Moores Lode), exceeding the project's prior best gold grade.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.0%) as a deleterious element.

Evidence · table

“1.24”

Context: 1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · tinGrade: 3.7Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
tin
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
3.7
Grade Unit
%
Intercept
1 m
From
133.5 m
To
134.5 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This strong tin grade is part of a new discovery, contributing positively to the polymetallic nature of the system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Strong tin grade (3.7%) in a new lode discovery (Moores Lode).

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.0%) as a deleterious element.

Evidence · table

“3.7”

Context: 1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · silverGrade: 863Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
silver
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
863
Grade Unit
g/t
Intercept
0.5 m
From
133.5 m
To
134 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This exceptional silver grade within a sub-interval of the new Moores Lode discovery highlights a very high-grade zone, significantly enhancing the project's exploration upside, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Exceptional silver grade (863 g/t) in a high-grade sub-interval within the new Moores Lode discovery.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.9%) as a deleterious element.

Evidence · table

“863”

Context: 0.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · arsenicGrade: 6.9Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
arsenic
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
6.9
Grade Unit
%
Intercept
0.5 m
From
133.5 m
To
134 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The high arsenic grade, while part of a new discovery, is a negative factor due to its deleterious nature, potentially impacting future processing and economic viability.

Negative factors

  • High percentage of arsenic (6.9%) indicates a significant deleterious element that could complicate processing and incur penalties.

Evidence · table

“6.9”

Context: 0.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · copperGrade: 6.8Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
copper
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
6.8
Grade Unit
%
Intercept
0.5 m
From
133.5 m
To
134 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This exceptional copper grade within a sub-interval of the new Moores Lode discovery adds significant value to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Exceptional copper grade (6.8%) in a high-grade sub-interval within the new Moores Lode discovery.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.9%) as a deleterious element.

Evidence · table

“6.8”

Context: 0.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · leadGrade: 4Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
lead
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
4
Grade Unit
%
Intercept
0.5 m
From
133.5 m
To
134 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This strong lead grade within a sub-interval of the new Moores Lode discovery contributes positively to the polymetallic nature of the system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Strong lead grade (4.0%) in a high-grade sub-interval within the new Moores Lode discovery, exceeding prior best for the project.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.9%) as a deleterious element.

Evidence · table

“4.0”

Context: 0.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · zincGrade: 0.5Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
zinc
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.5
Grade Unit
%
Intercept
0.5 m
From
133.5 m
To
134 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The zinc grade is weak, but its presence contributes to the polymetallic nature of the new discovery, though it's offset by the deleterious arsenic and partial AgEq calculation.

Negative factors

  • Weak zinc grade (0.5%) for a polymetallic system.
  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.9%) as a deleterious element.

Evidence · table

“0.5”

Context: 0.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · antimonyGrade: 2.1Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
antimony
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
2.1
Grade Unit
%
Intercept
0.5 m
From
133.5 m
To
134 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This strong antimony grade within a sub-interval of the new Moores Lode discovery contributes positively to the polymetallic nature of the system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Strong antimony grade (2.1%) in a high-grade sub-interval within the new Moores Lode discovery, exceeding prior best for the project.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.9%) as a deleterious element.

Evidence · table

“2.1”

Context: 0.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · goldGrade: 1.77Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
gold
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
1.77
Grade Unit
g/t
Intercept
0.5 m
From
133.5 m
To
134 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This strong gold grade within a sub-interval of the new Moores Lode discovery represents an improvement over previous gold results for the project, contributing positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Strong gold grade (1.77 g/t) in a high-grade sub-interval within the new Moores Lode discovery, exceeding the project's prior best gold grade.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.9%) as a deleterious element.

Evidence · table

“1.77”

Context: 0.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · tinGrade: 7.3Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
tin
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
7.3
Grade Unit
%
Intercept
0.5 m
From
133.5 m
To
134 m
Intercept Depth
133.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:133.5-134
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This exceptional tin grade within a sub-interval of the new Moores Lode discovery contributes significantly to the polymetallic nature of the system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Exceptional tin grade (7.3%) in a high-grade sub-interval within the new Moores Lode discovery, matching prior best for the project.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (6.9%) as a deleterious element.

Evidence · table

“7.3”

Context: 0.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · silverGrade: 790Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
silver
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
790
Grade Unit
g/t
Intercept
1.1 m
From
220.4 m
To
221.5 m
Intercept Depth
220.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:220.4-221.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Metal Eq. Grade
1554
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This exceptional silver grade, part of an extension to the Montezuma Lode, represents a significant improvement over previous results and confirms resource growth potential, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Exceptional silver grade (790 g/t) extending the Montezuma Lode, significantly exceeding prior best for the project.
  • Exceptional silver equivalent grade (1,554 g/t AgEq) indicates strong polymetallic endowment.
  • Extension of known mineralization confirms continuity and resource growth potential.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (5.1%) as a deleterious element.

Evidence · table

“790”

Context: 1.1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · arsenicGrade: 5.1Grade Unit: %Intercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
arsenic
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
5.1
Grade Unit
%
Intercept
1.1 m
From
220.4 m
To
221.5 m
Intercept Depth
220.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:220.4-221.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The high arsenic grade, while part of an extension to known mineralization, is a negative factor due to its deleterious nature, potentially impacting future processing and economic viability.

Negative factors

  • High percentage of arsenic (5.1%) indicates a significant deleterious element that could complicate processing and incur penalties.

Evidence · table

“5.1”

Context: 1.1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · copperGrade: 7.2Grade Unit: %Intercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
copper
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
7.2
Grade Unit
%
Intercept
1.1 m
From
220.4 m
To
221.5 m
Intercept Depth
220.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:220.4-221.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This exceptional copper grade, part of an extension to the Montezuma Lode, adds significant value to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Exceptional copper grade (7.2%) extending the Montezuma Lode.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (5.1%) as a deleterious element.

Evidence · table

“7.2”

Context: 1.1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · leadGrade: 0.3Grade Unit: %Intercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
lead
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.3
Grade Unit
%
Intercept
1.1 m
From
220.4 m
To
221.5 m
Intercept Depth
220.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:220.4-221.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The lead grade is weak and lower than previous results, but its presence contributes to the polymetallic nature of the extended mineralization, though it's offset by the deleterious arsenic and partial AgEq calculation.

Negative factors

  • Weak lead grade (0.3%) for a polymetallic system, lower than prior best for the project.
  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (5.1%) as a deleterious element.

Evidence · table

“0.3”

Context: 1.1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · zincGrade: 0.1Grade Unit: %Intercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
zinc
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.1
Grade Unit
%
Intercept
1.1 m
From
220.4 m
To
221.5 m
Intercept Depth
220.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:220.4-221.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The zinc grade is weak, but its presence contributes to the polymetallic nature of the extended mineralization, though it's offset by the deleterious arsenic and partial AgEq calculation.

Negative factors

  • Weak zinc grade (0.1%) for a polymetallic system.
  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (5.1%) as a deleterious element.

Evidence · table

“0.1”

Context: 1.1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · antimonyGrade: 0.3Grade Unit: %Intercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
antimony
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.3
Grade Unit
%
Intercept
1.1 m
From
220.4 m
To
221.5 m
Intercept Depth
220.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:220.4-221.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The antimony grade is weak and lower than previous results, but its presence contributes to the polymetallic nature of the extended mineralization, though it's offset by the deleterious arsenic and partial AgEq calculation.

Negative factors

  • Weak antimony grade (0.3%) for a polymetallic system, lower than prior best for the project.
  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (5.1%) as a deleterious element.

Evidence · table

“0.3”

Context: 1.1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · goldGrade: 0.81Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
gold
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.81
Grade Unit
g/t
Intercept
1.1 m
From
220.4 m
To
221.5 m
Intercept Depth
220.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:220.4-221.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This moderate gold grade, part of an extension to the Montezuma Lode, contributes positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Moderate gold grade (0.81 g/t) extending the Montezuma Lode, above the project's average gold grade.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (5.1%) as a deleterious element.

Evidence · table

“0.81”

Context: 1.1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · tinGrade: 0.6Grade Unit: %Intercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
tin
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.6
Grade Unit
%
Intercept
1.1 m
From
220.4 m
To
221.5 m
Intercept Depth
220.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:220.4-221.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The tin grade is weak and lower than previous results, but its presence contributes to the polymetallic nature of the extended mineralization, though it's offset by the deleterious arsenic and partial AgEq calculation.

Negative factors

  • Weak tin grade (0.6%) for a polymetallic system, lower than prior best for the project.
  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (5.1%) as a deleterious element.

Evidence · table

“0.6”

Context: 1.1

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · silverGrade: 25Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
silver
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
25
Grade Unit
g/t
Intercept
2 m
From
365 m
To
367 m
Intercept Depth
365 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:365-367
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak silver grade (25 g/t) for a polymetallic system, below the project's average silver grade.
  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.

Evidence · table

“25”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · arsenicGrade: 0Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
arsenic
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
2 m
From
365 m
To
367 m
Intercept Depth
365 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:365-367
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of arsenic in this intercept is a positive for potential processing, despite the low silver grade.

Positive factors

  • Absence of arsenic (0.0%) is a positive for processing.

Evidence · table

“0.0”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · copperGrade: 0Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
copper
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
2 m
From
365 m
To
367 m
Intercept Depth
365 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:365-367
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of copper in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No copper (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · leadGrade: 0.8Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
lead
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.8
Grade Unit
%
Intercept
2 m
From
365 m
To
367 m
Intercept Depth
365 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:365-367
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak lead grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak lead grade (0.8%) for a polymetallic system, below the project's average lead grade.

Evidence · table

“0.8”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · zincGrade: 1.3Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
zinc
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
1.3
Grade Unit
%
Intercept
2 m
From
365 m
To
367 m
Intercept Depth
365 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:365-367
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak zinc grade within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak zinc grade (1.3%) for a polymetallic system.

Evidence · table

“1.3”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · antimonyGrade: 0Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
antimony
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
2 m
From
365 m
To
367 m
Intercept Depth
365 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:365-367
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of antimony in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No antimony (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · goldGrade: -0.01Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
gold
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
-0.01
Grade Unit
g/t
Intercept
2 m
From
365 m
To
367 m
Intercept Depth
365 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:365-367
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of gold in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No gold (-0.01 g/t) in this intercept.

Evidence · table

“-0.01”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · tinGrade: 0Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
tin
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
2 m
From
365 m
To
367 m
Intercept Depth
365 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:365-367
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of tin in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No tin (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · silverGrade: 274Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
silver
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
274
Grade Unit
g/t
Intercept
2.2 m
From
370.5 m
To
372.7 m
Intercept Depth
370.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:370.5-372.7
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This strong silver grade within the Maestries replacement zone contributes positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Strong silver grade (274 g/t) in the Maestries replacement zone, above the project's average silver grade.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (7.2%) as a deleterious element.

Evidence · table

“274”

Context: 2.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · arsenicGrade: 7.2Grade Unit: %Intercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
arsenic
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
7.2
Grade Unit
%
Intercept
2.2 m
From
370.5 m
To
372.7 m
Intercept Depth
370.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:370.5-372.7
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The high arsenic grade, while part of a new intercept, is a negative factor due to its deleterious nature, potentially impacting future processing and economic viability.

Negative factors

  • High percentage of arsenic (7.2%) indicates a significant deleterious element that could complicate processing and incur penalties.

Evidence · table

“7.2”

Context: 2.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · copperGrade: 0Grade Unit: %Intercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
copper
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
2.2 m
From
370.5 m
To
372.7 m
Intercept Depth
370.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:370.5-372.7
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of copper in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No copper (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 2.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · leadGrade: 1Grade Unit: %Intercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
lead
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
1
Grade Unit
%
Intercept
2.2 m
From
370.5 m
To
372.7 m
Intercept Depth
370.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:370.5-372.7
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This moderate lead grade within the Maestries replacement zone contributes positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Moderate lead grade (1.0%) in the Maestries replacement zone.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (7.2%) as a deleterious element.

Evidence · table

“1.0”

Context: 2.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · zincGrade: 2.9Grade Unit: %Intercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
zinc
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
2.9
Grade Unit
%
Intercept
2.2 m
From
370.5 m
To
372.7 m
Intercept Depth
370.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:370.5-372.7
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This moderate zinc grade within the Maestries replacement zone contributes positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Moderate zinc grade (2.9%) in the Maestries replacement zone.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (7.2%) as a deleterious element.

Evidence · table

“2.9”

Context: 2.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · antimonyGrade: 0.1Grade Unit: %Intercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
antimony
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.1
Grade Unit
%
Intercept
2.2 m
From
370.5 m
To
372.7 m
Intercept Depth
370.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:370.5-372.7
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The antimony grade is weak, but its presence contributes to the polymetallic nature of the Maestries replacement zone, though it's offset by the deleterious arsenic and partial AgEq calculation.

Negative factors

  • Weak antimony grade (0.1%) for a polymetallic system.
  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (7.2%) as a deleterious element.

Evidence · table

“0.1”

Context: 2.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · goldGrade: 0.81Grade Unit: g/tIntercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
gold
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.81
Grade Unit
g/t
Intercept
2.2 m
From
370.5 m
To
372.7 m
Intercept Depth
370.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:370.5-372.7
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This moderate gold grade within the Maestries replacement zone contributes positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Moderate gold grade (0.81 g/t) in the Maestries replacement zone, above the project's average gold grade.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (7.2%) as a deleterious element.

Evidence · table

“0.81”

Context: 2.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · tinGrade: 0Grade Unit: %Intercept: 2.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
tin
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
2.2 m
From
370.5 m
To
372.7 m
Intercept Depth
370.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:370.5-372.7
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of tin in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No tin (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 2.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · silverGrade: 22Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
silver
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
22
Grade Unit
g/t
Intercept
1 m
From
380 m
To
381 m
Intercept Depth
380 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:380-381
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak silver grade (22 g/t) for a polymetallic system, below the project's average silver grade.

Evidence · table

“22”

Context: 1.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · arsenicGrade: 0.4Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
arsenic
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.4
Grade Unit
%
Intercept
1 m
From
380 m
To
381 m
Intercept Depth
380 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:380-381
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The presence of arsenic, even at a lower grade, is a negative factor due to its deleterious nature, potentially impacting future processing and economic viability.

Negative factors

  • Presence of arsenic (0.4%) as a deleterious element.

Evidence · table

“0.4”

Context: 1.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · copperGrade: 0Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
copper
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
1 m
From
380 m
To
381 m
Intercept Depth
380 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:380-381
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of copper in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No copper (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 1.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · leadGrade: 0.7Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
lead
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.7
Grade Unit
%
Intercept
1 m
From
380 m
To
381 m
Intercept Depth
380 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:380-381
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak lead grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak lead grade (0.7%) for a polymetallic system, below the project's average lead grade.

Evidence · table

“0.7”

Context: 1.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · zincGrade: 0.5Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
zinc
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.5
Grade Unit
%
Intercept
1 m
From
380 m
To
381 m
Intercept Depth
380 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:380-381
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak zinc grade within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak zinc grade (0.5%) for a polymetallic system.

Evidence · table

“0.5”

Context: 1.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · antimonyGrade: 0Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
antimony
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
1 m
From
380 m
To
381 m
Intercept Depth
380 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:380-381
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of antimony in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No antimony (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 1.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · goldGrade: 0.01Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
gold
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.01
Grade Unit
g/t
Intercept
1 m
From
380 m
To
381 m
Intercept Depth
380 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:380-381
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak gold grade (0.01 g/t) for a polymetallic system, below the project's average gold grade.

Evidence · table

“0.01”

Context: 1.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · tinGrade: 0Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
tin
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
1 m
From
380 m
To
381 m
Intercept Depth
380 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:380-381
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of tin in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No tin (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 1.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · silverGrade: 36Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
silver
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
36
Grade Unit
g/t
Intercept
4.2 m
From
411.8 m
To
416 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-416
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak silver grade (36 g/t) for a polymetallic system, below the project's average silver grade.

Evidence · table

“36”

Context: 4.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · arsenicGrade: 0.1Grade Unit: %Intercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
arsenic
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.1
Grade Unit
%
Intercept
4.2 m
From
411.8 m
To
416 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-416
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The presence of arsenic, even at a lower grade, is a negative factor due to its deleterious nature, potentially impacting future processing and economic viability.

Negative factors

  • Presence of arsenic (0.1%) as a deleterious element.

Evidence · table

“0.1”

Context: 4.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · copperGrade: 0Grade Unit: %Intercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
copper
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
4.2 m
From
411.8 m
To
416 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-416
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of copper in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No copper (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 4.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · leadGrade: 1.7Grade Unit: %Intercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
lead
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
1.7
Grade Unit
%
Intercept
4.2 m
From
411.8 m
To
416 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-416
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This moderate lead grade within the Maestries replacement zone contributes positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Moderate lead grade (1.7%) in the Maestries replacement zone.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (0.1%) as a deleterious element.

Evidence · table

“1.7”

Context: 4.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · zincGrade: 4.1Grade Unit: %Intercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
zinc
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
4.1
Grade Unit
%
Intercept
4.2 m
From
411.8 m
To
416 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-416
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This moderate zinc grade within the Maestries replacement zone contributes positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Moderate zinc grade (4.1%) in the Maestries replacement zone.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (0.1%) as a deleterious element.

Evidence · table

“4.1”

Context: 4.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · antimonyGrade: 0Grade Unit: %Intercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
antimony
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
4.2 m
From
411.8 m
To
416 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-416
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of antimony in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No antimony (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 4.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · goldGrade: 0Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
gold
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
g/t
Intercept
4.2 m
From
411.8 m
To
416 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-416
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of gold in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No gold (0.0 g/t) in this intercept.

Evidence · table

“0.00”

Context: 4.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · tinGrade: 0Grade Unit: %Intercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
tin
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
4.2 m
From
411.8 m
To
416 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-416
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of tin in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No tin (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 4.2

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · silverGrade: 44Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
silver
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
44
Grade Unit
g/t
Intercept
2.5 m
From
411.8 m
To
414.3 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-414.3
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak silver grade (44 g/t) for a polymetallic system, below the project's average silver grade.

Evidence · table

“44”

Context: 2.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · arsenicGrade: 0.2Grade Unit: %Intercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
arsenic
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.2
Grade Unit
%
Intercept
2.5 m
From
411.8 m
To
414.3 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-414.3
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The presence of arsenic, even at a lower grade, is a negative factor due to its deleterious nature, potentially impacting future processing and economic viability.

Negative factors

  • Presence of arsenic (0.2%) as a deleterious element.

Evidence · table

“0.2”

Context: 2.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · copperGrade: 0Grade Unit: %Intercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
copper
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
2.5 m
From
411.8 m
To
414.3 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-414.3
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of copper in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No copper (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 2.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · leadGrade: 2.4Grade Unit: %Intercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
lead
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
2.4
Grade Unit
%
Intercept
2.5 m
From
411.8 m
To
414.3 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-414.3
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This strong lead grade within the Maestries replacement zone contributes positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Strong lead grade (2.4%) in the Maestries replacement zone, matching prior best for the project.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (0.2%) as a deleterious element.

Evidence · table

“2.4”

Context: 2.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · zincGrade: 6.1Grade Unit: %Intercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
zinc
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
6.1
Grade Unit
%
Intercept
2.5 m
From
411.8 m
To
414.3 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-414.3
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This moderate zinc grade within the Maestries replacement zone contributes positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Moderate zinc grade (6.1%) in the Maestries replacement zone.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (0.2%) as a deleterious element.

Evidence · table

“6.1”

Context: 2.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · antimonyGrade: 0Grade Unit: %Intercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
antimony
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
2.5 m
From
411.8 m
To
414.3 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-414.3
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of antimony in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No antimony (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 2.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · goldGrade: 0Grade Unit: g/tIntercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
gold
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
g/t
Intercept
2.5 m
From
411.8 m
To
414.3 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-414.3
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of gold in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No gold (0.0 g/t) in this intercept.

Evidence · table

“0.00”

Context: 2.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · tinGrade: 0Grade Unit: %Intercept: 2.5 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
tin
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
2.5 m
From
411.8 m
To
414.3 m
Intercept Depth
411.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:411.8-414.3
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of tin in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No tin (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 2.5

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · silverGrade: 39Grade Unit: g/tIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
silver
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
39
Grade Unit
g/t
Intercept
5.9 m
From
420.6 m
To
426.5 m
Intercept Depth
420.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:420.6-426.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak silver grade (39 g/t) for a polymetallic system, below the project's average silver grade.

Evidence · table

“39”

Context: 5.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · arsenicGrade: 1.7Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
arsenic
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
1.7
Grade Unit
%
Intercept
5.9 m
From
420.6 m
To
426.5 m
Intercept Depth
420.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:420.6-426.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The high arsenic grade, while part of a new intercept, is a negative factor due to its deleterious nature, potentially impacting future processing and economic viability.

Negative factors

  • High percentage of arsenic (1.7%) indicates a significant deleterious element that could complicate processing and incur penalties.

Evidence · table

“1.7”

Context: 5.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · copperGrade: 0.1Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
copper
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.1
Grade Unit
%
Intercept
5.9 m
From
420.6 m
To
426.5 m
Intercept Depth
420.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:420.6-426.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The weak copper grade contributes to the polymetallic nature of the Maestries replacement zone, though it's offset by the deleterious arsenic and partial AgEq calculation.

Negative factors

  • Weak copper grade (0.1%) for a polymetallic system.

Evidence · table

“0.1”

Context: 5.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · leadGrade: 0.5Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
lead
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.5
Grade Unit
%
Intercept
5.9 m
From
420.6 m
To
426.5 m
Intercept Depth
420.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:420.6-426.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak lead grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak lead grade (0.5%) for a polymetallic system, below the project's average lead grade.
  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (1.7%) as a deleterious element.

Evidence · table

“0.5”

Context: 5.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · zincGrade: 3.8Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
zinc
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
3.8
Grade Unit
%
Intercept
5.9 m
From
420.6 m
To
426.5 m
Intercept Depth
420.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:420.6-426.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This moderate zinc grade within the Maestries replacement zone contributes positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Moderate zinc grade (3.8%) in the Maestries replacement zone.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (1.7%) as a deleterious element.

Evidence · table

“3.8”

Context: 5.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · antimonyGrade: 0Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
antimony
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
5.9 m
From
420.6 m
To
426.5 m
Intercept Depth
420.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:420.6-426.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of antimony in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No antimony (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 5.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · goldGrade: 0.23Grade Unit: g/tIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
gold
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
5.9 m
From
420.6 m
To
426.5 m
Intercept Depth
420.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:420.6-426.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak gold grade (0.23 g/t) for a polymetallic system, below the project's average gold grade.

Evidence · table

“0.23”

Context: 5.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · tinGrade: 0Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
tin
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
5.9 m
From
420.6 m
To
426.5 m
Intercept Depth
420.6 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:420.6-426.5
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of tin in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No tin (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 5.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · silverGrade: 41Grade Unit: g/tIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
silver
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
41
Grade Unit
g/t
Intercept
2.9 m
From
421.1 m
To
424 m
Intercept Depth
421.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:421.1-424
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak silver grade (41 g/t) for a polymetallic system, below the project's average silver grade.

Evidence · table

“41”

Context: 2.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · arsenicGrade: 1.3Grade Unit: %Intercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
arsenic
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
1.3
Grade Unit
%
Intercept
2.9 m
From
421.1 m
To
424 m
Intercept Depth
421.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:421.1-424
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The high arsenic grade, while part of a new intercept, is a negative factor due to its deleterious nature, potentially impacting future processing and economic viability.

Negative factors

  • High percentage of arsenic (1.3%) indicates a significant deleterious element that could complicate processing and incur penalties.

Evidence · table

“1.3”

Context: 2.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · copperGrade: 0.1Grade Unit: %Intercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
copper
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.1
Grade Unit
%
Intercept
2.9 m
From
421.1 m
To
424 m
Intercept Depth
421.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:421.1-424
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The weak copper grade contributes to the polymetallic nature of the Maestries replacement zone, though it's offset by the deleterious arsenic and partial AgEq calculation.

Negative factors

  • Weak copper grade (0.1%) for a polymetallic system.

Evidence · table

“0.1”

Context: 2.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · leadGrade: 0.4Grade Unit: %Intercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
lead
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.4
Grade Unit
%
Intercept
2.9 m
From
421.1 m
To
424 m
Intercept Depth
421.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:421.1-424
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak lead grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak lead grade (0.4%) for a polymetallic system, below the project's average lead grade.
  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (1.3%) as a deleterious element.

Evidence · table

“0.4”

Context: 2.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · zincGrade: 7.1Grade Unit: %Intercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
zinc
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
7.1
Grade Unit
%
Intercept
2.9 m
From
421.1 m
To
424 m
Intercept Depth
421.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:421.1-424
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This moderate zinc grade within the Maestries replacement zone contributes positively to the polymetallic system, despite the presence of arsenic and the partial AgEq calculation.

Positive factors

  • Moderate zinc grade (7.1%) in the Maestries replacement zone.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • Presence of arsenic (1.3%) as a deleterious element.

Evidence · table

“7.1”

Context: 2.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · antimonyGrade: 0Grade Unit: %Intercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
antimony
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
2.9 m
From
421.1 m
To
424 m
Intercept Depth
421.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:421.1-424
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of antimony in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No antimony (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 2.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · goldGrade: 0.15Grade Unit: g/tIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
gold
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0.15
Grade Unit
g/t
Intercept
2.9 m
From
421.1 m
To
424 m
Intercept Depth
421.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:421.1-424
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade, below the project average, within the Maestries replacement zone, indicating lower-grade mineralization in this section.

Negative factors

  • Weak gold grade (0.15 g/t) for a polymetallic system, below the project's average gold grade.

Evidence · table

“0.15”

Context: 2.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

MZS43Montezuma Silver & Antimony · tinGrade: 0Grade Unit: %Intercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
MZS43
Project
Montezuma Silver & Antimony
Commodity
tin
Region
australia_tas
Reported Region
australia_tas
Ticker
LDR

Geometry

Grade
0
Grade Unit
%
Intercept
2.9 m
From
421.1 m
To
424 m
Intercept Depth
421.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
MZS43:421.1-424
Mining Method
underground

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The absence of tin in this intercept indicates it does not contribute to the polymetallic value in this section.

Negative factors

  • No tin (0.0%) in this intercept.

Evidence · table

“0.0”

Context: 2.9

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

KTN018Uralla West · goldGrade: 1Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
KTN018
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
1
Grade Unit
g/t
Intercept
9 m
From
24 m
To
33 m
Intercept Depth
24 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN018:24-33
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, aligning with the project's average grades and supporting the Intrusive Related Gold System model.

Positive factors

  • Moderate gold grade (1.00 g/t) over a significant width (9.0m), consistent with the project's average and supporting the IRGS model.

Evidence · table

“1.00”

Context: 9.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN018Uralla West · goldGrade: 1.92Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
KTN018
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
1.92
Grade Unit
g/t
Intercept
2 m
From
31 m
To
33 m
Intercept Depth
31 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN018:31-33
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader zone of mineralization indicates stronger gold concentrations, further supporting the project's potential.

Positive factors

  • Strong gold grade (1.92 g/t) in a high-grade sub-interval, exceeding the project's average gold grade.

Evidence · table

“1.92”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN023Uralla West · goldGrade: 1.22Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
KTN023
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
1.22
Grade Unit
g/t
Intercept
6 m
From
26 m
To
32 m
Intercept Depth
26 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN023:26-32
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, exceeding the project's average grades and supporting the Intrusive Related Gold System model.

Positive factors

  • Moderate gold grade (1.22 g/t) over a good width (6.0m), above the project's average gold grade and supporting the IRGS model.

Evidence · table

“1.22”

Context: 6.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN023Uralla West · goldGrade: 2.11Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
KTN023
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
2.11
Grade Unit
g/t
Intercept
3 m
From
28 m
To
31 m
Intercept Depth
28 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN023:28-31
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader zone of mineralization indicates stronger gold concentrations, further supporting the project's potential.

Positive factors

  • Strong gold grade (2.11 g/t) in a high-grade sub-interval, exceeding the project's average gold grade.

Evidence · table

“2.11”

Context: 3.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN027AUralla West · goldGrade: 3.35Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
KTN027A
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
3.35
Grade Unit
g/t
Intercept
2 m
From
30 m
To
32 m
Intercept Depth
30 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN027A:30-32
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms high-grade gold mineralization, matching previous best results and further supporting the Intrusive Related Gold System model.

Positive factors

  • Strong gold grade (3.35 g/t) matching the project's prior best gold grade, supporting the IRGS model.

Evidence · table

“3.35”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN025Uralla West · goldGrade: 1.51Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
KTN025
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
1.51
Grade Unit
g/t
Intercept
4 m
From
16 m
To
20 m
Intercept Depth
16 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN025:16-20
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, exceeding the project's average grades and supporting the Intrusive Related Gold System model.

Positive factors

  • Strong gold grade (1.51 g/t) over a good width (4.0m), above the project's average gold grade and supporting the IRGS model.

Evidence · table

“1.51”

Context: 4.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN025Uralla West · goldGrade: 2.53Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
KTN025
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
2.53
Grade Unit
g/t
Intercept
2 m
From
17 m
To
19 m
Intercept Depth
17 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN025:17-19
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader zone of mineralization indicates stronger gold concentrations, further supporting the project's potential.

Positive factors

  • Strong gold grade (2.53 g/t) in a high-grade sub-interval, exceeding the project's average gold grade.

Evidence · table

“2.53”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN021Uralla West · goldGrade: 0.57Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
KTN021
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
10 m
From
27 m
To
37 m
Intercept Depth
27 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN021:27-37
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model.

Positive factors

  • Moderate gold grade (0.57 g/t) over a significant width (10.0m), supporting the IRGS model.

Evidence · table

“0.57”

Context: 10.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN021Uralla West · goldGrade: 1Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
KTN021
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
1
Grade Unit
g/t
Intercept
5 m
From
32 m
To
37 m
Intercept Depth
32 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN021:32-37
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This sub-interval within a broader zone of mineralization indicates consistent gold concentrations, further supporting the project's potential.

Positive factors

  • Moderate gold grade (1.00 g/t) in a sub-interval, consistent with the project's average and supporting the IRGS model.

Evidence · table

“1.00”

Context: 5.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN031AUralla West · goldGrade: 1.02Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
KTN031A
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
1.02
Grade Unit
g/t
Intercept
5 m
From
20 m
To
25 m
Intercept Depth
20 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN031A:20-25
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, aligning with the project's average grades and supporting the Intrusive Related Gold System model.

Positive factors

  • Moderate gold grade (1.02 g/t) over a good width (5.0m), consistent with the project's average and supporting the IRGS model.

Evidence · table

“1.02”

Context: 5.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN026AUralla West · goldGrade: 0.72Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
KTN026A
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.72
Grade Unit
g/t
Intercept
6 m
From
58 m
To
64 m
Intercept Depth
58 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN026A:58-64
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model.

Positive factors

  • Moderate gold grade (0.72 g/t) over a good width (6.0m), supporting the IRGS model.

Evidence · table

“0.72”

Context: 6.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN026AUralla West · goldGrade: 3.19Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
KTN026A
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
3.19
Grade Unit
g/t
Intercept
1 m
From
63 m
To
64 m
Intercept Depth
63 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN026A:63-64
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader zone of mineralization indicates stronger gold concentrations, further supporting the project's potential.

Positive factors

  • Strong gold grade (3.19 g/t) in a high-grade sub-interval, exceeding the project's average gold grade.

Evidence · table

“3.19”

Context: 1.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN017BUralla West · goldGrade: 0.9Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
KTN017B
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
4 m
From
46 m
To
50 m
Intercept Depth
46 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN017B:46-50
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model.

Positive factors

  • Moderate gold grade (0.90 g/t) over a good width (4.0m), supporting the IRGS model.

Evidence · table

“0.90”

Context: 4.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN017BUralla West · goldGrade: 1.55Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
KTN017B
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
1.55
Grade Unit
g/t
Intercept
2 m
From
46 m
To
48 m
Intercept Depth
46 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN017B:46-48
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader zone of mineralization indicates stronger gold concentrations, further supporting the project's potential.

Positive factors

  • Strong gold grade (1.55 g/t) in a high-grade sub-interval, exceeding the project's average gold grade.

Evidence · table

“1.55”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN036Uralla West · goldGrade: 0.31Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
KTN036
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.31
Grade Unit
g/t
Intercept
11 m
From
7 m
To
18 m
Intercept Depth
7 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN036:7-18
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model, despite the weak grade.

Positive factors

  • Weak gold grade (0.31 g/t) over a significant width (11.0m), supporting the IRGS model.

Evidence · table

“0.31”

Context: 11.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN036Uralla West · goldGrade: 0.57Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
KTN036
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
4 m
From
13 m
To
17 m
Intercept Depth
13 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN036:13-17
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This sub-interval within a broader zone of mineralization indicates consistent gold concentrations, further supporting the project's potential.

Positive factors

  • Moderate gold grade (0.57 g/t) in a sub-interval, supporting the IRGS model.

Evidence · table

“0.57”

Context: 4.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN027BUralla West · goldGrade: 0.5Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
KTN027B
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
5 m
From
64 m
To
69 m
Intercept Depth
64 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN027B:64-69
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model.

Positive factors

  • Moderate gold grade (0.50 g/t) over a good width (5.0m), supporting the IRGS model.

Evidence · table

“0.50”

Context: 5.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN030Uralla West · goldGrade: 0.41Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
KTN030
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.41
Grade Unit
g/t
Intercept
6 m
From
74 m
To
80 m
Intercept Depth
74 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN030:74-80
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model, despite the weak grade.

Positive factors

  • Weak gold grade (0.41 g/t) over a good width (6.0m), supporting the IRGS model.

Evidence · table

“0.41”

Context: 6.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN031BUralla West · goldGrade: 0.42Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
KTN031B
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.42
Grade Unit
g/t
Intercept
4 m
From
47 m
To
51 m
Intercept Depth
47 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN031B:47-51
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model, despite the weak grade.

Positive factors

  • Weak gold grade (0.42 g/t) over a good width (4.0m), supporting the IRGS model.

Evidence · table

“0.42”

Context: 4.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN028Uralla West · goldGrade: 0.53Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
KTN028
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.53
Grade Unit
g/t
Intercept
3 m
From
43 m
To
46 m
Intercept Depth
43 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN028:43-46
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model.

Positive factors

  • Moderate gold grade (0.53 g/t) over a good width (3.0m), supporting the IRGS model.

Evidence · table

“0.53”

Context: 3.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN033Uralla West · goldGrade: 0.36Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
KTN033
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
4 m
From
22 m
To
26 m
Intercept Depth
22 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN033:22-26
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model, despite the weak grade.

Positive factors

  • Weak gold grade (0.36 g/t) over a good width (4.0m), supporting the IRGS model.

Evidence · table

“0.36”

Context: 4.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN017AUralla West · goldGrade: 0.71Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
KTN017A
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
2 m
From
38 m
To
40 m
Intercept Depth
38 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN017A:38-40
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms near-surface gold mineralization, supporting the Intrusive Related Gold System model.

Positive factors

  • Moderate gold grade (0.71 g/t) over a narrow width (2.0m), supporting the IRGS model.

Evidence · table

“0.71”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN044Uralla West · goldGrade: 0.45Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
KTN044
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
3 m
From
43 m
To
46 m
Intercept Depth
43 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN044:43-46
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model, despite the weak grade.

Positive factors

  • Weak gold grade (0.45 g/t) over a good width (3.0m), supporting the IRGS model.

Evidence · table

“0.45”

Context: 3.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN022Uralla West · goldGrade: 0.57Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
KTN022
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
2 m
From
33 m
To
35 m
Intercept Depth
33 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN022:33-35
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms near-surface gold mineralization, supporting the Intrusive Related Gold System model.

Positive factors

  • Moderate gold grade (0.57 g/t) over a narrow width (2.0m), supporting the IRGS model.

Evidence · table

“0.57”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN043Uralla West · goldGrade: 0.35Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
KTN043
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.35
Grade Unit
g/t
Intercept
3 m
From
22 m
To
25 m
Intercept Depth
22 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN043:22-25
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

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

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model, despite the weak grade.

Positive factors

  • Weak gold grade (0.35 g/t) over a good width (3.0m), supporting the IRGS model.

Evidence · table

“0.35”

Context: 3.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN032Uralla West · goldGrade: 0.52Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
KTN032
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.52
Grade Unit
g/t
Intercept
2 m
From
1 m
To
3 m
Intercept Depth
1 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN032:1-3
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

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

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms near-surface gold mineralization, supporting the Intrusive Related Gold System model.

Positive factors

  • Moderate gold grade (0.52 g/t) over a narrow width (2.0m) at shallow depth, supporting the IRGS model.

Evidence · table

“0.52”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN026BUralla West · goldGrade: 0.49Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
KTN026B
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.49
Grade Unit
g/t
Intercept
2 m
From
75 m
To
77 m
Intercept Depth
75 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN026B:75-77
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

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

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms near-surface gold mineralization, supporting the Intrusive Related Gold System model, despite the weak grade.

Positive factors

  • Weak gold grade (0.49 g/t) over a narrow width (2.0m), supporting the IRGS model.

Evidence · table

“0.49”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN034Uralla West · goldGrade: 0.32Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
KTN034
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.32
Grade Unit
g/t
Intercept
3 m
From
34 m
To
37 m
Intercept Depth
34 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN034:34-37
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

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

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms broad zones of near-surface gold mineralization, supporting the Intrusive Related Gold System model, despite the weak grade.

Positive factors

  • Weak gold grade (0.32 g/t) over a good width (3.0m), supporting the IRGS model.

Evidence · table

“0.32”

Context: 3.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KTN041Uralla West · goldGrade: 0.38Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
KTN041
Project
Uralla West
Commodity
gold
Region
australia_nsw
Reported Region
australia_nsw
Ticker
LDR

Geometry

Grade
0.38
Grade Unit
g/t
Intercept
2 m
From
32 m
To
34 m
Intercept Depth
32 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
KTN041:32-34
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

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

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms near-surface gold mineralization, supporting the Intrusive Related Gold System model, despite the weak grade.

Positive factors

  • Weak gold grade (0.38 g/t) over a narrow width (2.0m), supporting the IRGS model.

Evidence · table

“0.38”

Context: 2.0

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Resource Estimates (1)

indicatedMontezuma Silver & Antimony Project · silverTonnes: 480000Contained Metal: 8.2Contained Unit: mozView all details
Link to this fact

Identity

Project
Montezuma Silver & Antimony Project
Commodity
silver
Region
australia_tas
Reported Region
Tasmania
Ticker
LDR

Resource scope

Estimate type
resource
Effective date
2026-09-30T00:00:00.000Z
Reporting standards
jorc
QP Signed
Yes
Resource group id
resource:970c0d916326fb8cb841

Resource Data

Category
indicated
Tonnes
480000
Contained Metal
8.2
Contained Unit
moz
Cutoff Grade
200
Cutoff Unit
g/t AgEq

Metal Equivalent

Metal Eq. Grade
533
Metal Eq. Unit
g/t AgEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-19T00:00:00.000Z

Reasoning: The Montezuma maiden resource, with a high proportion of Indicated material and strong silver equivalent grades, provides a solid foundation for the project, despite the partial metal equivalent calculation and the resource remaining open.

Positive factors

  • Maiden resource estimate for Montezuma Silver & Antimony Project establishes a baseline for future growth.
  • High percentage of Indicated resource (65%) provides a strong foundation for future studies.
  • High silver equivalent grade (533 g/t AgEq) indicates significant metal endowment.
  • JORC (2012) compliant and QP signed, ensuring high reporting standards.

Negative factors

  • Metal equivalent calculation excludes tin and gold, potentially understating the full value.
  • The resource is open in all directions, indicating potential for further growth but also current incompleteness.

Evidence · text

“The current Montezuma JORC (2012) MRE of 480kt at 533g/t AgEq1 for 8.2Moz AgEq1 is reported at a 200g/t AgEq1 cut-off, with 65% of the resource classified as Indicated.”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

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.