# Lucky Minerals Discovers Gold in the Initial 384 Metres of Drilling at Wayka Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka--3cb18b85-ffe6-46dc-8390-0cd5c5de6c47 Original source: https://money.tmx.com/en/quote/LKY/news/5327937268247296/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka Publisher: tmx Original announcement: 2023-02-07T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Lucky Minerals Inc. - Ticker: LKY - Exchange: TSX - Region: Ecuador - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-08-21 11:51:23 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Lucky Minerals has announced gold discovery at its Wayka Project in Ecuador following the first five drill holes. The results confirm the continuity of gold mineralization at depth, following the rock foliation, with grades ranging from 0.64 to 0.87 g/t Au. Reasoning: Initial drill results confirm gold mineralization at the Wayka project, following up on previous trenching. While grades are modest, they confirm the presence of an epithermal system. - Positive factor: Discovery of gold mineralization in initial drilling - Positive factor: Continuity of mineralization demonstrated - Positive factor: QA/QC protocols and certified lab disclosed - Negative factor: Grades are relatively low \(0.64-0.87 g/t Au\) for epithermal targets Facts used in scoring: 4 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release includes details on blanks, standards, and duplicates, and names an ISO certified lab. Evidence · text > include the insertion of a coarse blank, a standard and duplicate sample on every batch of 25 samples. **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling follows up on previously announced trenches to test continuity. Evidence · text > These shallow drill holes are designed to follow up on the trenches previously announced ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### DDHW-003-2023 [Link to this fact](https://atlas-staging.minestarters.com/news/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka--3cb18b85-ffe6-46dc-8390-0cd5c5de6c47#fact-drill-facts-0) Wayka · gold #### Identity - Hole ID: DDHW-003-2023 - Project: Wayka - Commodity: gold - Region: ecuador - Reported Region: Ecuador - Ticker: LKY #### Geometry - Grade: 0.68 - Grade Unit: g/t - Intercept: 10 m - From: 16 m - To: 26 m #### Classification - Program: exploration - Sample Type: drill - Group ID: DDHW-003-2023:16-26 - Mining Method: unknown #### QA/QC - Laboratory: Bureau Veritas - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-07T00:00:00.000Z Reasoning: Intercept confirms gold mineralization in the initial drill phase. - Positive factor: Confirms continuity of mineralization - Negative factor: Low grade Evidence · text > 10 metres at an average grade of 0.68 g/t gold \(DDHW-003-2023\) ### DDHW-001-2023 [Link to this fact](https://atlas-staging.minestarters.com/news/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka--3cb18b85-ffe6-46dc-8390-0cd5c5de6c47#fact-drill-facts-1) Wayka · gold #### Identity - Hole ID: DDHW-001-2023 - Project: Wayka - Commodity: gold - Region: ecuador - Reported Region: Ecuador - Ticker: LKY #### Geometry - Grade: 0.64 - Grade Unit: g/t - Intercept: 7 m - From: 0 m - To: 7 m #### Classification - Program: exploration - Sample Type: drill - Group ID: DDHW-001-2023:0-7 - Mining Method: unknown #### QA/QC - Laboratory: Bureau Veritas - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-07T00:00:00.000Z Reasoning: Intercept confirms gold mineralization in the initial drill phase. - Positive factor: Near-surface mineralization - Negative factor: Low grade Evidence · text > 7 metres at an average grade of 0.64 g/t gold \(DDHW-001-2023\) ### DDHW-005-2023 [Link to this fact](https://atlas-staging.minestarters.com/news/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka--3cb18b85-ffe6-46dc-8390-0cd5c5de6c47#fact-drill-facts-2) Wayka · gold #### Identity - Hole ID: DDHW-005-2023 - Project: Wayka - Commodity: gold - Region: ecuador - Reported Region: Ecuador - Ticker: LKY #### Geometry - Grade: 0.87 - Grade Unit: g/t - Intercept: 5.82 m - From: 0.53 m - To: 6.35 m #### Classification - Program: exploration - Sample Type: drill - Group ID: DDHW-005-2023:0.53-6.35 - Mining Method: unknown #### QA/QC - Laboratory: Bureau Veritas - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-07T00:00:00.000Z Reasoning: Intercept confirms gold mineralization in the initial drill phase. - Positive factor: Near-surface mineralization - Negative factor: Low grade Evidence · text > 5.82 metres at an average grade of 0.87g/t gold \(DDHW-005-2023\) ### DDHW-005-2023 [Link to this fact](https://atlas-staging.minestarters.com/news/lucky-minerals-discovers-gold-in-the-initial-384-metres-of-drilling-at-wayka--3cb18b85-ffe6-46dc-8390-0cd5c5de6c47#fact-drill-facts-3) Wayka · gold #### Identity - Hole ID: DDHW-005-2023 - Project: Wayka - Commodity: gold - Region: ecuador - Reported Region: Ecuador - Ticker: LKY #### Geometry - Grade: 1.13 - Grade Unit: g/t - Intercept: 3.35 m - From: 3 m - To: 6.35 m #### Classification - Program: exploration - Sample Type: drill - Group ID: DDHW-005-2023:3-6.35 - Mining Method: unknown #### QA/QC - Laboratory: Bureau Veritas - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-02-07T00:00:00.000Z Reasoning: Higher grade sub-interval within DDHW-005. - Positive factor: Higher grade sub-interval Evidence · text > the interval from 3.0 to 6.35 metres, \(width of 3.35 metres\) returned 1.13 g/t gold ## 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.